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Quite a few product-focused industries have seen a boom in business over the past few years, notably with ecommerce. That’s had a domino effect on quite a few other areas. Once products are sold online, they’ll naturally need to be delivered. Then there’s the fact companies will need raw materials and similar supplies delivered to…
When a company struggles to break even, it begins to accumulate debt. It will eventually fail if nothing is done to correct this. It’s no news that many businesses are anxious about keeping afloat. You must invest in tools, skills, training, and resources to generate the needed revenue. According to McKinsey analysis, most business categories…
Software migration involves moving data from one application to another. Many of us choose to migrate to new software once existing software is no longer suitable for our needs. Of course, software migration isn’t always an easy process – it can take a lot of time (both to migrate files and to learn how to…
As a business owner you’ve probably thought about expanding your business at some point in the future, but the real question to ask is when is the right time to do it? Unfortunately, there’s no cut and dry answer to that question, but if you’ve got the profits, the ideas and the bravery, then you…
Are you concerned that your business sales are dropping? Maybe you just feel as though you are experiencing a bit of a slow period and want to see if there is anything you can do to rectify the situation. Either way, all you have to do is take a look below if you want to…
The landscape of the working world has changed dramatically in recent years, particularly hurried along by the pandemic of course. If you’re a business that’s ridden through the storm of this hopefully, once-in-a-lifetime event, then you’ll understand how your business has had to adapt. However, for any businesses looking to hire remote staff for the…
Are you thinking of starting up your own online business? What an exciting adventure and one that brings a lot of benefits with it. Not only will you enjoy the benefit of being able to work flexibly in different locations, but you’ll also enjoy being your own boss and being able to ditch the long…
It’s important that when you are a leader of a business that you are a leader who continues to learn and educate yourself. Excelling as a new leader isn’t as easy as it sounds, and that means that you need to do what you can to keep doing better. From undertaking facilitator training to be…
Key performance indicators (KPIs) are essential tools when it comes to business – they allow business owners and managers to measure how well they’re doing and what progress they’re making towards their goals. Whether you’re a small startup or a large corporation, KPIs play a vital part in keeping you on track and ensuring your…
Retail is having somewhat of a revival right now. Statistics and market data from in-store sales are showing an upward trend in the industry. Retail brick-and-mortar stores saw a 3% rise in January 2023, indicating that while many people have turned to online shopping, in the US, consumers are still choosing to head out and…