In simple terms, credit card fraud means trying to pay for the goods or services with an unlawfully obtained credit card details belonging to another person. Every single year, thousands upon thousands of people are victimized by fraudsters, and it’s everyone’s duty to put up a fight against their malicious deeds.
As criminals are becoming increasingly more clever, it’s important to always stay a few steps ahead of them and keep educating yourself on the types of credit card fraud you can encounter, both as a consumer and a business owner.…
Virtual offices can offer numerous benefits for companies of all size and scope, but digital entrepreneurs are uniquely benefiting from virtual offices. In this article, we’ll discuss how virtual offices are inspiring innovation in digital entrepreneurship and helping these enterprising companies get ahead of the competition.
What is Digital Entrepreneurship?
Digital entrepreneurship continues to be on the rise, and statistics are hard to find because there are, indeed, so many digital entrepreneurs out there. A digital entrepreneur isn’t just someone who uses digital tools to succeed in their business, instead, a digital entrepreneur’s products and services exist entirely in the digital space.…
It’s hard enough starting and running a successful business in the United States, and it can be even more so in another country.
But if the circumstances are pointing you in the direction of starting a business in an international country, you should know that there’s nothing to stop you from doing so.
Here are five tips for starting a business overseas:
Tip #1 – Travel To The Country First
If you’re going to be opening a new business overseas, you should travel to that country beforehand and immerse yourself in the environment and the culture.…
There’s a common and well-known saying that continues to circulate around the world, and it’s never been as relevant as it is today.
It’s not what you know; it’s who you know.
Of course, we’re talking about networking. As a business owner and entrepreneur, it’s great that you own your own business, and you’re sure to make opportunities for yourself that enable you to progress and grow, but expanding your inner circles has the potential to create opportunities you may have previously deemed impossible.…
Summer is that time of year when most of us go on holiday with a specific destination in mind – a sunny beach with a refreshing ocean or sea close-by. After being stressed-out year-round, we’re all looking for some relaxation, a time-out, or a period in which to recharge our batteries. But year after year we return to work only to feel more tired and overwhelmed by our tasks. Returning from a vacation we’d expect productivity to be higher, not lower and, alas, reality bites.…
If you’ve decided it’s finally time to open your own business over the coming months, you’re probably chomping at the bit and can’t wait for the ‘Now Open’ sign to light up. However, while launching your first venture is exciting and motivating, you also need to remember it can be risky.
There is plenty of competition to go up against, and you need to invest much of your own money, time and energy. The more strategic and smart you are in how you set up your business, the more likely it is to achieve the results you’re after.…
Customer experience is one of the most important aspects of running a successful business in general, if not the most important. However, when it comes to the restaurant business, customer satisfaction is without a doubt the number one feature to maintain. People generally come to restaurants for relaxation, chats and good food, so they will return to the place as long as the establishment is doing its best to provide them with the best possible experience on all three accounts.
In case you own a restaurant or are planning to start a new one, check out the following tips to incorporate elements of customer satisfaction right into the design of the restaurant itself.…
Customer loyalty is often associated with B2C markets. But in order to stand out in often saturated and competitive sectors, B2B companies should use it as a way to ensure they don’t lose their customers to competitors too. From creating repeat business to achieving bigger sales, there are many benefits of achieving customer loyalty. However, it is especially important for B2B businesses because they often focus on finding new customers, rather than keeping their current ones engaged, interested and happy.
Research from Gallup, a research-based global performance management consulting company, has shown this is a problem.…
Do you fit the definition of a digital nomad?
“Digital nomads are a type of people who use telecommunications technologies to earn a living and, more generally, conduct their life in a nomadic manner.” credit
The ability to run your business while globe-trotting from one location to the next is a dream that’s been had by many, but realized by very few in days gone by.
However, with the rise in affordable, quality digital services like digital offices, digital phone numbers, digital staff, and online business management software, there’s never been a better time to become a digital nomad.…
Every business will want to enjoy a long-lasting relationship with their clients; after all, it’s proven that retaining clients is more cost-effective than finding new ones. Keeping your clients happy is, therefore, a crucial element of curating a successful business, and all matters need to be taken seriously, especially when it comes to billing them. Fortunately, there are tactics and technologies you can use to handle the request with grace. Find out how to avoid billing problems with clients.
Introduce a Late Payment Policy
Avoid late payments by introducing a late payment policy, which will encourage clients to pay a bill once the work is complete immediately.…
