In the world of business, staying ahead of your competition means constantly upgrading your knowledge and tools. There’s just no way around it. Digital transformation, as you’ve probably guessed, is no different; it allows you to embrace new opportunities and calibrate your work process.
All business owners who still haven’t made the switch to a digital environment should consider the following benefits of doing so:
1. Analytics show you which areas of your business you still need to work on
By digitally transforming your business, you get to enjoy the perk of having in-depth data analytics at your disposal.…
There has been growing support for bitcoin in recent years, and this has led to a number of businesses starting to accept them as payment. As with any new technology, there are always going to be questions about whether it is worth adopting for your company, and of course, if it’s safe enough to use every day. If you are concerned about how to store the bitcoin you receive safely, then here are a few tips to help you.
Storing Bitcoin Offline
One way that you can ensure your bitcoin are safe is to store them offline.…
The humble thank you letter is an underrated part of personal and business correspondence. The right letter can turn a critic into a brand advocate and create dedicated lifelong fans for your business. But with so much junk filling up our customer’s mailboxes, it can be a challenge just to get noticed, let alone taken seriously, which is the whole point of a thank you letter.
Thankfully, engraved business stationery exudes a warmth and dignity makes it easy to send your customers thank you letters that they will actually take seriously.…
The idea of the corporate travel manager and their strategic role within a business isn’t the same as what it was a few years ago. However, that doesn’t mean a corporate travel manager is obsolete.
Yes, there’s more technology available from booking portals to streamlined expense reporting software, but there are still ways corporate travel managers strategically contribute to an organization. It’s just often done differently than it was in the past.
The following are some key things to understand about the role the modern travel manager plays within an organization.…
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.…
Growing your own business is one of the most rewarding and exciting things you can do with your life. Taking that initial seed of an idea and nurturing it over time and seeing it through to the end is one of the best feelings in the world. However, if you possess the type of ambition that can start a business all on their own, then you are most likely the kind of person who wants to see it flourish and get to the top of the industry you are in.…
There’s been a lot of changes introduced in the workplace over the past decade to ensure equal opportunities for both workers and customers. For example, employers now have a responsibility to ensure they provide adequate access for those with disabilities.
Within the Equality Act 2010, it states employers need to make reasonable adjustments to cater to disabled workers and customers. The question is, do these reasonable adjustments apply to wheelchair access?
Does your business need to be wheelchair accessible?
The short answer here is yes, your business likely does need to be wheelchair accessible.…
If you think having a company policy is just a formality, think again. Far from just being a bunch of convoluted statements on paper that no one will read, policies actually set out which practices are acceptable, and which best practices should be followed. In the most basic sense, they tell employees how to act and lend to the overall culture of the workplace.
Policies set the tone
Some policies include those on smoking and using drugs and alcohol on company property, handling workplace injuries, using social media and personal cellphones.…
When it comes to growing a business, there are plenty of options, such as doing more marketing, finding new consumer audiences, offering new products or services, improving customer service and so on. However, one method not enough entrepreneurs focus on is having a better sales process.
Think about how much time you and your team devote to following up on queries each month. You might put key performance indicators (KPIs) in place to help motivate yourself and your team to convert more leads into sales, but this can be wasted energy if you don’t follow up with potential customers effectively.…
Every team has one: the worker who does more and does better than everyone else. Maybe they came in with impeccable credentials; maybe they are hustling hard to prove their worth. Soon enough, that worker is going to realize they can find a better position with better pay somewhere else. Your job is to delay that inevitability and keep this golden employee on the books.
But how? How can you stop your worker from seeing someone else’s green grass?
The solution is simple: You need to make your grass as green as possible.…
