The Role of Virtual Offices in the Rise of Digital Entrepreneurship

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.…

What Type of MBA Should You Pursue?

An MBA is a popular choice for professionals who want to get ahead in the business world, whether they’re looking to climb the corporate ladder or find success in entrepreneurship. Earning an MBA can show you the ropes of running your own business, or increase your salary in the corporate world by as much as 80 percent. But these days, the traditional, two-year, full-time, on-campus MBA isn’t the only option. Today’s MBA students are seeking programs tailored to their individual needs.…

5 Industries that may Become Extinct due to Technological Advancement

The internet is doing a number in existing industries. For the longest time, people have been doing things the same way – banking, shopping, and even eating the same, but the latest technological advances may mean an end to business as usual. Over the last ten or so years, these industries have been going through revolution and they could even be in their deathbeds unless they conform. 1. The Hotel Industry The advent of AirBnB could well mark the end of vacations as we knew them.…

5 Reasons Why Freelancers Should Use Virtual Addresses

Freelancers face unique challenges. While they are technically small businesses, they do things differently from small businesses in many ways. For instance, most freelancers run their businesses from home. When business growth happens for a freelancer, their first step isn’t usually to go rent a facility or office. Instead, they work on growing their company from home. The use of virtual addresses lets freelancers do just that. When you want to grow your freelance business just to make it more manageable and scalable, a virtual address from service providers like Virtualaddress.com.au…

Is Artificial Intelligence Impacting Construction?

How we plan, build and maintain structures within the construction industry is transforming — thanks much to artificial intelligence (AI). AI is where machines exhibit their own intelligence through using algorithms to solve problems using inputted data. By harnessing robotics, construction managers can utilise intelligent machines that can perform routine tasks that were once completed by humans, such as bricklaying. Alternatively, AI systems can collate and organise information for engineers to use within project planning and design implementation. So, how is the construction industry starting to use AI to complete projects that contain fewer errors, less omissions, safer working practices, improved workflows and more on-time worksite completions?…

Where to Look for Best Serviced Office Locations

If you’re looking for a budget-friendly office space that accommodates all your business needs, a serviced office could be your best bet. In this article, we’re going to give you a tour of five of the world’s best areas for serviced office locations. First, let’s talk a little more about what serviced offices are and who needs them. What is a serviced office? A serviced office is owned by a facility management company typically owning a building full of fully-equipped offices.…

6 Ways Freelancers Can Benefit from a Virtual Office

Virtual offices are being used more and more by companies of all sizes. Some of these companies are setting up international headquarters and use a virtual office to test the waters. Other companies are experiencing growth and want to see if a virtual office will help provide the support they need during a transition to something bigger. Interestingly enough, many freelancers are finding that a virtual office helps support them – and it’s often the only support they really need. If you are a freelancer, consider this: if you could get the support you need without moving from your home office to a leased facility, would you?…

The 4 Most Effective Ways to Generate Word-of-Mouth Advertising

In a world that is flooded with all sorts of advertising, it can be difficult for business owners to stand out in the crowd and effectively market their business. If you’re a business owner who really wants to reach your consumers, you should consider word-of-mouth advertising. Happy customers recommending their favorite products and services, often through social media and review sites, is the essence of word-of-mouth advertising. Let’s talk about some of the ways that you can generate word-of-mouth advertising for your business.…

Effective Ways to Boost Sales

Sales staff are the gatekeepers of revenue. If they do their job well, the gate is open wide and the income rolls in. If they struggle, the whole company can pay the price. Given the immense importance of the sales staff, it’s obvious that any company should be alert to ways to get their sales staff better equipped, trained, and motivated to keep product moving. While bonuses and commissions are a key part of this process, it sometimes takes more than money to get people to do their best.…

How to Reduce Costs of Sourcing New Employees

The most valuable resource any company has is its employees. When someone leaves or when the business expands, new people need to come into the fold. In 2016, the average employer spent $4,129 and waited 42 days to fill a position. That is a lot of money, and many employers fail to recognize there are smarter, more efficient ways to go about the recruitment process. Here are a few ways to spend less money hiring new people while still finding great candidates to aid your business.…