Over 90 percent of new companies on the market fail with some experts suggesting that this is a conservative estimate. As a business owner, you need to ask yourself one key question. What’s the cause? Why on earth do so many get knocked out the market? With some research and investigative work, we think you’ll find that the answer is technology. This blog is largely based around the idea of running a business outside the office. You can’t do that without the right tech and even if you are running…
Tag: business
The Pillars Of Business Still Not Eroded By Time Or The Digital Age
In almost any contemporary business advice column, some lip service will be paid to the pressing, modern needs of business in the digital age. It’s not hard to see why. The process of marketing and engaging new customers, handling support requests, taking inspiration from your branding and optimizing internal operations have changed extremely quickly in the last twenty years. Elements of business life have become more convenient but also hyper-competitive as a result. To this extent, it’s essential to keep up with everything, and all the developments that might include…
How to Succeed with Your Small Manufacturing Enterprise
Starting a business is always tough, and starting a manufacturing business is perhaps even tougher still. There are so many manufacturing businesses that start and fail, so you’ll want to avoid that eventuality. If you’re just starting out with a small business in this industry, you need to get a few things right if you’re going to have any chance of finding success and avoiding major problems. We’re going to discuss the things you need to do and get right in order to succeed with your small manufacturing enterprise. If…
What’s Hurting Your Business Bottom Line Most?
When you run a business, it’s crucial that you keep your costs as tight as possible. If you fail to do this, then you won’t be prepared for future challenges. Let’s say the economy takes a dip. Your competitors will float over the waves if they have cut down their costs. They’ll be able to reduce their prices and still make a profit. If you have failed in this area, you’ll sink like a stone and you won’t be able to compete any longer. As such, it’s worth looking at…
Prepare For The Worst In Business, Even When Hoping For The Best
Are you prepared for the worst issues that you can face in your company? The truth is that we hope for the best. We hope that we’re going to see a fantastic level of success in the market. We hope that the company is going to go from strength to strength and we hope that we don’t run into any nightmares. But hope isn’t enough. You need to be prepared for the time when that hope comes crashing down. You need to make sure that you know how to deal…
Beating The Business Struggle
The business struggle is real and definitely one that pretty much every single business is facing. It’s hard to get to the point where you don’t feel as though you’re struggling, because no matter how big you are as a business, you’re most likely always going to struggle. Even if it’s not financially, you will still struggle to get your mentality into a state where it trusts your business is safe. Which is why a business owner will constantly feel that struggle, and will always be looking for ways that it…
Things to Learn Before You Start a Business
We all dream of starting a business at some point. Often after a bad day at work or a disagreement with a manager. You might daydream about how you’d do it better or what you’d do differently. It’s easy to see the mistakes that other people are making, and when the business isn’t your own, it’s easy to be confident that you’d do a better job at running it. Unfortunately, it’s rarely that simple. Only a very lucky few go into business with no planning or preparation and do well.…
How To Avoid Lost Revenue With An Efficient Office Move
When your business has outgrown your current office and you need to move into a larger one, it’s important that you do it right. Moving office means that you’ll probably have to close the business down for a while until everything is up and running at the new location. The problem is, you’re losing money all the while that the business is closed, so it’s vital that you get the move out of the way quickly and resume business as usual as quickly as you can. If you’re planning an…
Is It Time Your Business Changed Its Waste Policy?
Dealing with waste is a big problem for most businesses, but a lot of them aren’t taking the steps to improve the way that they handle it. If you’re producing large amounts of waste, it causes you a few problems. First off, you have to pay out to deal with it properly and if you’re creating unnecessary waste, you’re losing money. Secondly, it damages your public image because consumers are increasingly favouring companies that conduct business in a responsible way. You might not have put that much thought into the…
Put Your Business Out There with Expos, Trailers and Pop-Ups
Whenever you read about business marketing and development, it seems as though everything rests on your website, social campaign and email marketing strategy. But you must remember that the screen is only part of your business model. Yes, your website is important but you also need to make sure that you are recognizable on the street too. A website is easy to look at and then forget, but if you can catch someone passing by and introduce them to your products while charming them with your fabulous personality, you could…