The business world today is becoming increasingly risky and unpredictable. Therefore, if you are a business owner, you need to be more careful about the deals and contracts you get involved in. While it is not possible to completely eliminate the element of risk, there are steps you can take to mitigate it. Having a surety bond is one of the best ways of protecting yourself when it comes to contracts and agreements. (more…)
All of us are fascinated by the idea of robots in our homes, in public spaces, and in the workplace. But we see them as both a cause for excitement and for fear; they are marvelled and yet we are threatened by them. They have become such an ingrained part of our imagined future that we find it difficult to see them in our present. (more…)
Automation is discussed a lot, but it’s not always been well defined. Essentially, the process of automation requires removing human components of business procedures and operations and replacing them with more inexpensive computer-based systems.
Marketing automation is important because, when used well, it can increase the value of the business. On the other hand, automated calculators, though plentiful and easily accessible, do not generate accurate values for an online business and should be avoided. (more…)
Choosing a home for your business is one of the most important decisions you’ll make. And that’s how you should view it – very much like hunting for your ideal house. It needs to grow with you, adapt when plans change and, above all, be cost-effective.
In 2016, we have a wide variety of commercial properties to choose from. There’s the traditional office block, rural farm barn conversion, ‘plug-and-play’ serviced approach and shared communal offices. The choice, at times, can be baffling.
However, before you get too carried away, it is advisable to take a step back and make sure you remove any potential banana skins from the process. Below, I’ve got the 5 most common mistakes businesses make when choosing premises. (more…)
To a great majority of people, especially those that are not business-oriented, a press release is nothing but a simple way to gain publicity. That might be true, but it is of great value to anyone looking to expand his business to greater heights.
Not every press release that reaches the media is published or aired. A good reporter believes in creating not just informative but also interesting and eye-catching stories. Therefore, if there is no story to your story, then your press release might be declined which won’t help your growing business.
To help grow and expand your small business, here are four techniques that you can use to improve the outcome of your press releases: (more…)
In today’s increasingly competitive business world, maintaining a high standard of customer service is very important for survival. This is why every growing organization needs to have a call center to handle everything from emails and calls, to text messages and web chats. Such operations can be run in-house or outsourced to specialized service providers. Having an in-house call center can be very costly, requiring a significant investment in technology, equipment and facilities. In addition, a lot of energy and time is spent on training staff and sustaining operations.
Here are some of the reasons you should consider call center outsourcing: (more…)
As a management consultant, I’ve seen many business leaders struggle to delegate. Whether it’s a reluctance to let go of responsibilities, or failure to bring in professional management to deal with burgeoning administrative workloads, failure to delegate can stop business growth in its tracks.
In this article I want to look at the art of delegation and how an approach known as ‘monkey management’ can help increase workplace productivity at all levels of management. (more…)
Start ups don’t grow on trees. If you’re looking to launch a successful company then you’re probably going to be responsible for most of the growth yourself. But there is certainly more than one way you can raise the cash to get your business off the ground. Whether you already have a wealthy financier ready to inject cash into your project or need to secure money from more personal links, there are plenty of opportunities for funding. (more…)
Finding new customers is one of the key issues challenging small businesses today. Despite knowing how important word-of-mouth referrals can be in driving business growth, it’s not always easy to work out exactly how to get more of them.
So why not take the hard work out of the process and put some strategies in place that will naturally generate more customer referrals for you? Here are some ideas to try. (more…)
Web analytics is very crucial for the success of any business that has a website. It provides important data can be used to evaluate the progress of a business and thus make appropriate improvements. However, this requires choosing the right web analytics software for your business. With the numerous solutions in the market, choosing one can be a very daunting task.
Here are some of the things you need to consider when choosing a web analytics tool: (more…)