Finding success as a startup can be difficult. Most founders start their businesses with a desire to bring real innovation to their chosen fields. However, they meet a wide variety of challenges and risks from the get-go, and the margin for success can be slim.
New computer technologies have drastically created numerous opportunities for small business entrepreneurs. But opportunities coming from the interconnected and data-driven economy have created a new wave of information technology challenges that threaten to lag your business operations. On top of the enormous inconveniences they cause, these problems also pose severe threats to your business’s data.
In the matter of a few weeks, the percentage of remote workers doubled from 31% to 62%, thanks to the coronavirus outbreak. Maybe your team was already used to working from home before COVID-19 struck. Or, maybe your business is gearing up for 100% remote work for the post-pandemic era. Whatever the case may be, […]
Most small business owners recognize that time tracking is as indispensable as accounting, payroll, and even human resources. This is because accurate time tracking directly shines a light on the most key aspects of your company. With accurate time tracking, it’s clear what your employees need to be paid, you know if you’re making money, […]
On a scale of 1 – 10, how authentic is your business? Are you honest, transparent, and real? Does it matter? Absolutely, it does. Authenticity in business can make all the difference between leading the charge and playing catch-up.
Nobody does what you do better than you, but … what is it that you do again? You might have trouble describing your business in one sentence or find yourself at a loss for words when writing a company description. Knowing how to write a company description for a business plan helps you communicate with […]
E-commerce sales continue to grow and the number of online transactions increases every day. In fact, one study found that in 2018 nearly two billion people made online purchases, with sales amounting to 2.8 trillion dollars; and by 2021 e-commerce sales are expected to reach over four trillion dollars. With so many transactions being done […]
As we dive into a brand new decade, it’s always worth taking stock of how far your small business has come over the years and to take the time to identify strategic improvements that you want (or need) to implement soon. After hustling through the end of the year to wrap up necessary year-end payroll, […]