Outsourcing is becoming a more common practice in the business world, especially when it comes to smaller and medium sized enterprises. For those that aren’t familiar, outsourcing refers to the process of enlisting third party services to carry out tasks that are traditionally done internally. Thanks to advances in technology, outsourcing has become a more practical and in many cases more cost-effective and efficient than handling all of your processes yourself.
The increase in this process means that many smaller businesses can routinely outsource things like the payroll and accounting to cut costs.…
The ability to attract and retain top talent is often tied to the amount of compensation that you pay your employees and the benefits package that you offer.
Everything from a wellness center to employer-matching retirement contributions can entice job seekers to apply for a position. Benefits can keep your company attractive for current employees too, preventing them from growing unsatisfied with their position and leave. However, the unfortunate reality is that these benefits can cost a small fortune, and it often is not financially feasible for a smaller business to pay for them.…
One of the main objectives of any business owner is to grow their sales. There are a number of things that a person can do in order to accomplish this.
First off all, taking the time to research how to best improve a company’s marketing CRM can prove to be very beneficial. Also, making sure that the relationships that a company has with their customers is strong should be the main concern for a business owner. Finally, neglecting to adequately take care of the customer’s business has can make it very hard to grow over time.…
The News Corp. hacking scandal has proved to be a font of legal conflict. After it was revealed that Rupert Murdoch’s company engaged in hyper-aggressive investigation tactics, wronged parties started pelting the media conglomerate with claims. The latest to join the scrum? John Bryan, former paramour of the Duchess of York, Sarah Ferguson – a.k.a., “Fergie,” the British one, not the Black Eyed Peas one.
Decades Old Fergie Scandal Results In Present Day Defamation Lawsuit
This tale of defamation woe is rooted in a decades-old scandal.…
Having bad credit can feel like a giant curse that is ruining your whole life. It keeps you from buying the things you need, living where you want to live and it can even keep you from getting the job you want. But what if it didn’t have to? Bad credit, after all, is a temporary problem. With work you can improve your credit score and history and there are plenty of programs out there to help you do exactly that.…
Setting up, running, and maintaining a business is nerve-wracking, even for the toughest of people. We’ve compiled some of the best tips and advice on making your business dreams a reality.
Stuck for where to start?
You won’t be the first person! Every business has to start somewhere, after all. A key piece of advice is to research, research, research. Research everything from the marketing you’re thinking of entering, to any competition you may have, and beyond. Implement surveys and questionnaires to gain a good idea of your market, and receive feedback which will come in handy when tailoring your business to your target market.…
Blogging is, hands down, one of the best ways to build strong authority in the certain niche. This can mean a world for your fresh startup, or a new website that needs to attract internet traffic. Even many powerhouse brands have benefited a great deal from the guest blogging.
Still, some people look at this practice as a clandestine way to boost Google rankings and trick the almighty search engine deity. Pay no heed to such notions, because guest posts are not mere tools for self-promotion.…
People sell businesses for many reasons. Sometimes the sale is forced upon them. Other times it’s very much voluntary. If you’re in the lucky position of having a successful business and being able to pick and choose when to sell, there’s a lot of factors to consider which can affect the price:
The Economic Cycle
One of the biggest factors that influences the price of a business is the economy. When the economy is doing well, when people feel good about the future, and even better if money is being lent out by banks easily, then that can all help to push up the price of businesses.…
Most startups have to do the maximum with minimum budget. You’ve worked hard to sell your idea to an investor. You’ve been given what seemed like the ideal funding, but you soon find that most of your expenses are much higher than you anticipated.
This is especially true when employing staff. While you thought you could make do with the team that you already have, your needs keep on growing, until eventually you’re forced to hire or burn everyone out.
The good news is that there’s an affordable alternative.…
Whether you’re looking for a complete change of career direction or have been looking at an opportunity for promotion, you’re probably aware that in order to get the business job of your dreams, you’ll have to put a lot of work in. The business industry is very competitive, and in order to be a successful candidate for a number of different positions, employers are looking for various different traits, skills, and qualifications. Thankfully, it’s possible for you to highly increase your chances of getting your dream business job by improving your skills, knowledge and qualities.…
