The Covid-19 pandemic has dramatically affected the world’s economy as people struggle to adjust to the current and forthcoming economic impacts. For as long as this crisis persists, it’s highly likely that businesses will fail to resume for long. Furthermore, even the consumption rate is being significantly affected since consumers cannot go shopping freely. So, […]
Most procurement organizations dream about working in a technologically-rich environment where everything is automated, like requisition, purchase of goods/services, invoice creation and matching to payments. Advanced technologies such as artificial intelligence, bots and analytics work in tandem and accelerate the work while improving the outcomes. But, gathering and maintaining sufficient data is a dream that […]
Applying for financial aid is a daunting task, but you can make the process more straightforward if you know what to do and what not to. Many students worry a lot while applying for scholarships and financial aid as they get overwhelmed with the paperwork involved. To fund children’s education, many parents rely on financial […]
Growing a business is exciting work. It entails discovering and/or creating fresh opportunities, tackling bigger challenges and introducing your business to a whole variety of new experiences. In fact, current shareholder expectations have made growth non-negotiable for all businesses today. So, while growth is clearly unavoidable, growing pains don’t have to be. One of the […]
E-commerce is a thriving industry, and it continues to grow year by year. Although there are tons of tools and services that make eCommerce more convenient, starting eCommerce (an online business) has its own set of challenges and demands. It takes many steps and decisions before one can launch their business. It takes even more […]
Coronavirus (COVID-19) crisis and lockdown have been with us for a little over six months. And it has transformed the way we live, work, and shop. Small businesses are particularly confronting the economic and social impacts this pandemic of COVID-19 has caused. This calls for an improved business model that doesn’t just aim to keep […]
Pandemics, such as COVID-19 (coronavirus), are one of those unexpected circumstances business leaders sometimes fail to prepare for. Moreover, such coronavirus pandemic poses a threat to entrepreneurs and businessman to sustain their business growth. The pandemic of COVID-19 has been of similar case to many businesses who didn’t see it coming this way. The COVID-19 […]
The global e-commerce (online selling) marketplace continues to grow. According to Business.com, “87% of shoppers today use e-commerce reviews to decide whether to buy, and 77% of those shoppers buy online.” It’s more practical and convenient to shop online. Retail brands are aware of this, and many of them are taking advantage of this to […]
Do you own multiple devices that you use to access the internet? Sometimes I want to check something on a website but realize I left my laptop back in the house. Rather than going back for it, I simply take out my smartphone and use it to get online and check the website. If my […]
Bad credit usually results from taking out money from lenders and loans and not paying them back on time. Many people find themselves in sticky situations with credit and often bite off more than they can chew when it comes to borrowing money. If you are in a bad position with your credit, it’s good […]
Ever since Bitcoin took the world by storm it has been much talked about in news, television shows, and social media, among others. The huge profit that its pioneer investors were able to amass from what once was an obscure currency intrigued the world, and the buzz it created helped it secure a dominant position […]
So, tell us a bit about yourself and your background. My name is Stylianos, but people call me Stelios. I am a data scientist, researcher and entrepreneur, and I have worked in the areas of AI, data science and machine learning for around a decade now. I have completed an MSc of Informatics in The […]
Ask any successful retailer what is the key to success and logistics will be in the answer somewhere. Simply put, efficient logistics sees your products delivered to the customer in a timely fashion and without this, it is next to impossible for your retail business to grow. It is one thing to sell a product […]
Any entrepreneur knows that running a startup is gruelling work. Building a business from the ground up is no easy feat and the failure rate is worryingly high. Founders can expect to face long hours, late nights, and seemingly endless work if they want to make their dreams a reality. There’s so much to plan […]
The receptionist is without doubt one the most important positions for every business, as this is very much the front line for all business enquiries. Improper call handling can have serious consequences for any business – a potential client could be lost through an impolite telephone response – and the worst thing about this is […]
Any business should have one metric to consider as the most critical measure. In the sales industry, if you want to put more effort into reaching more customers, understanding their needs, and find the right solution, you turn to your data to find the needed information. That’s why a metric is essential. Sales metrics are […]
There is a rich legacy of immigrant achievement in business, from the second-generation Irish immigrant Henry Ford who built one of the most successful car manufacturers in history right through to today with Elon Musk who moved from South Africa to America to disrupt the motor industry with his revolutionary Tesla cars. Study after study […]
Arranging funds for your first home is always a challenging task. Thanks to the rise of the home finance industry, it has got a lot easier to manage funds for buying home. However, despite the home loan available at your disposal, you still have to source the down payment that is at least 15-20% of […]
Being business forward and more efficient by using predictive analytics is building up new concepts with the ability to predict target customers for their need or buy in the future market. These targeted predictions have its own phases that give users a versatile frame to be competitive in their business. These phases include four phases namely, […]
In today’s digital age, businesses who do not establish their online presence are letting go of a big opportunity to tap further and wider into their target market. The traditional trimedia have been overtaken by the Internet and digital platforms, and smart business owners know this. Social media has primed itself with various tools to […]
Businesses must perform a wide range of maintenance tasks in addition to making purchases and transactions. With these expenses in mind, it is a smart idea for employers to issue corporate credit cards to their key employees. Issuing employee corporate credit cards will mean that your employees can initiate and complete certain transactions on behalf […]
Artificial intelligence and chatbots are gaining traction in many industries for the augmentation that it can bring to many of their processes, including customer service. These technological advancements promise to deliver faster customer service through a fully-automated process, which can yield higher profits for the business and are replacing call centers. The reason that AI […]
It takes many years for firms to get recognized for a high level of performance. But, sustaining the performance can pose to be a major challenge. So, as a business leader, you should follow some must know tips. These would actually help you support the entire organization even if everyone’s responsibility to beat the competition […]
Do you want to become rich? Then do what rich people do. These 9 habits of millionaires/billionaires like Richard Branson and Tim Cook will open up your world to the wealth and riches that you deserve. The steps are easy to follow and practical so you can quickly apply them to your own lifestyle. Originally […]
Creating a product is the first half of a marathon. The next half is about reaching the customers and penetrating the market. You have a practical and novel idea of a product that has a promising future. You set great plans for it and meticulously develop it into a product which fits the market well. […]
Are you a Nepali entrepreneur planning to start a new business in Nepal? The legal process, process involving registration and post-registration procedures might be confusing for new entrepreneurs. Given is the overview of what you need to do and estimates of the time the specific step in the process takes according to a study done […]
When it comes to marketing, small businesses suffer a lot because of two reasons. One is that they have large competitors pool and another is they have too little budget to invest. It’s very hard to find cost-effective startup tips and marketing strategies while keeping up with the expenses and competitors. It all depends on how […]
Most of the business ventures we see now have their own website and social media profiles. The turmoil that the internet has created in the field of communication made it somehow compulsory for business holders to make their online profile for better exposure. What does Online Reputation mean? Online Reputation is the reputation of a […]
Chance, the rapper from Chicago won 3 awards at the 59th Grammy awards, Music’s most coveted recognition, as an independent artist with his album streaming only in Apple Music. The music industry once dominated by cassettes, CDs, Vinyls now share a huge proportion of it with the internet and its services. With music, formats in which […]
Now, we live in a world where the number of emerging startups and entrepreneurs has been highest ever than before. Starting own business and taking it to the success is a risky way of earning money and recognition but rewarding than some job. Setting up a startup at the initial phase may seem easy but […]