In essence, credit is a trust that allows businesses to trade with each other on debt with the promise of future reimbursement. It plays a very important part in the day-to-day running of businesses and helps them keep functioning even at times when cash is not immediately available. Credit also helps companies grow by providing…
With today’s competitive and ever-changing business environment, companies have to keep evolving to survive. Remaining static as the world changes is a sure way of going out of business for companies. Change is, however, not easy. And this is the main reason why so many companies that were once thriving collapse. Organisations that embrace and…
The biggest challenge facing businesses all over the world is change. Change relentlessly challenges and confronts the ability of businesses to create value for their customers and their ability to remain relevant. The world of business is constantly changing and businesses have no choice but to adapt. Otherwise, they will not survive. But changing is…
Business owners keep hearing that they need to have an online presence no matter what, but if you run a really small business, you’ve probably thought to yourself that the hassle of making and up-keeping a website is more trouble than it’s worth. But it just isn’t. Having a website for your business, no matter…
Small businesses often experience greater challenges in maintaining compliance with local, state and federal regulations. These agencies may not only govern the technical aspects of the business, but also impact human resources management and workforce recruiting. The requirements can impact a number of different areas of your enterprise and can be more stringent for some…
In the world of business, strong organization skills can be a major asset to your overall productivity. After all, it is easier to work in a clean office than in a cluttered mess. Here are a few tips that will make sure your business is cleaned out and running as efficiently as possible. Use the…
Owners of small businesses are constantly seeking new ways to make more efficient use of their time, due to the multiple demands that they face in managing the business. In recent times, an ideal solution for this has emerged in the form of mobile apps that can provide the answer to a number of business…
In today’s digital age, it’s difficult to escape from hearing or reading about a new digital trend almost every week. Smartphones and apps are ubiquitous and business owners have caught onto this but it can be an expensive experience for any business. The issue is to know what trend to investigate further and knowing what…
Ah Internet! That sweet sweet thing that keeps us all connected. Much of the internet’s wide popularity is because of the early use of email, search engine and messengers. Most other stuff including the social media came as a result of that. Yahoo!, the first internet giant was a pioneer in getting internet into our…
New legislation that affects employment rights and responsibilities is introduced every April. This year, the new national living wage legislation has grabbed the attention of many. However, this is not the only change being brought in. Are you aware of the other changes to employment law? Introduction of the national living wage For those workers…
![What Market Research Can Do For Your SME [Infographic] Thumb](https://thelocalbrand.com/wp-content/uploads/2016/03/What-Market-Research-Can-Do-For-Your-SME-Infographic-Thumb.jpg "What Market Research Can Do For Your SME [Infographic]")
Running your own business is a commitment. Surely, you would like to see your hard work bear results. However, at the end of the day business is about identifying the right opportunities and taking the appropriate risks. Market analysis is the first step to ensure that your business will continue to succeed. Before getting into a…
In the era of big business, there is an implicit impersonality between consumers and workers. Companies that have millions of customers, approach the responsibility of customer service quite differently than traditional small business owners, who know each of their regular customers by name. The ability to inject that nostalgic sense of community and camaraderie into…
![Buyer Beware 4 Gold Coin Scams to Avoid [Infographic] Thumb](https://thelocalbrand.com/wp-content/uploads/2016/03/Buyer-Beware-4-Gold-Coin-Scams-to-Avoid-Infographic-Thumb.jpg "Buyer Beware: 4 Gold Coin Scams to Avoid [Infographic]")
Remember Dennis the Menace movie? Mr. Wilson had a collection of gold coins which the thieves try to steal. If you are a collector yourself then probably this is not a great start of the post. However, since you are here after reading the title, I think you would want to read the rest. Traditional…
![Building a network infrastructure [infographic]](https://thelocalbrand.com/wp-content/uploads/2016/03/Building-a-network-infrastructure-infographic.jpg "Building a Network Infrastructure [Infographic]")
Effective, reliable internet connectivity is an absolute must for any business in 2016, so it is of huge importance to have a solid network infrastructure in place. There are multiple tasks that need to be done in order to achieve this, and it is not a process that comes instantly or cheaply, but if it…
The deadline for submitting your self-assessment tax return was 31st January. If you still haven’t done so, you have already entered the realm of late submission fines. These fines keep increasing the longer you leave it, so in order to avoid additional penalties and keep the amount you pay to a minimum it is important…
Each time a consumer buys goods or service, he uses the decision process. It may be used consciously or unconsciously. The consumer may use extended, limited or routine decision making depending upon the degree of search, level of prior experience, frequency of purchase, amount of perceived risk and time pressure. Extended consumer decision making Limited…
If you believe that you have strong passions and qualities that you would like and be able to share with the world than you might want to think about starting your own niche website. Still, this business idea is not for those who would like to be occasional writers and share their experiences from time…
Getting ready for the day of love? Retail space is filled with all the romantic gifting items and around Valentine’s day every retailer wants to be prepared for the surge in sales. More than sales this is also a great social occasion to reach out to people. A good Vday engagement could be the holy grail…
Personal selling is dealing with potential customers face to face and trying to convince them to make a purchase. Salespeople often become successful entrepreneurs because they learn to listen to what the customer needs and wants on a daily and personal basis. Some great American entrepreneurs like Billy Durant, who started out in sales include:…
The periodic cleaning of buildings and offices is essential as it not only increase the lifespan, but also gives attractive and new look or you can consider it like the upgrading of your corporate picture. Most people don’t understand the significance of cleaning services, especially by professionals, they consider it as unwanted expense. But they…
Year by year thousands of people are injured at work. Although the level of danger varies from industry to industry, there are many potential hazards to be aware of. Although agriculture, fishing, construction and lorry driving are the most dangerous industries for workplace accidents, there are several ways one can injure oneself even in the…
Over the last few years, social media platforms and online interactions have increased many fold. Businesses are using more digital technologies than before. Ecommerce, online ads, polls and surveys have become standard for marketing operations. These technologies are all data driven. Even small and medium businesses today need data analytics at an unprecedented scale. To…
Shifting your home or office is a daunting task for sure. With so many things to move from one place to another, you will need good packaging materials so that the items do not get damaged or destroyed in transit. There are wide varieties of packaging materials available in the market now. Among them bubble…
As the festive season begins to creep upon us and the decorations and lights begin to emerge, all brands have to think about how they are going to promote themselves during this busy period and in particular, what promotional products to use. Christmas time means that levels of trade are higher than usual and for…
We live in a culture of paranoia that is fueled by our economic uncertainty. Of course the big fish always tends to eat the small fish but in the larger ecosystem, things don’t necessarily tip towards the stronger or the mightier. Many a times I read about the excessive fear of big giant corporations like…
