Enterprise wide software is designed to share data across the entirety of a company. In the past, companies had individual software manage information transference within specific departments. However, this was disadvantageous in that it led to a lot of data re-entry and wasted time. Now, you can use enterprise wide software to increase efficiency and bring real-time information to the ... Read More »
The internet is one of the most effective tools you can use to market your company. Marketing through social media in particular is critical. Research shows that over 80% of internet users spend a majority of their time on social media. Most social media platforms are simple enough to use. However, it may take a lot of valuable time to ... Read More »
Credit card processing fees are an expense that often go unchecked due to their small size. Unfortunately, those small percentages add up. They can go on to hinder your profits at a slow but steady pace. As a small business owner or someone interested in starting an LLC, you should be focused on keeping costs to a minimum. Thus, it ... Read More »
Investing in companies is all about research. There is your answer to “what is investment banking?” You need to do your due diligence every time you go into the stock market. You must ensure that you are buying stocks in companies that are looking towards an uptick in the market. If you are a investor in need of some clues ... Read More »
A scanlon plan is a type of gain-sharing program that rewards employees for their contributions. It places an emphasis on group of employees performance. A scanlon plan is intended to boost profits by establishing a direct connection between work and reward. While implementation can be difficult, scanlon plans can help accelerate your company’s financial growth. If you are a ... Read More »
As a business owner, you should always be thinking about how to generate leads to grow your business. If you are in sales, you want to generate as many leads as possible but you must focus on creating high quality leads that will result in a sale. Here is a quick guide for business owners that want to know how ... Read More »
If you own a business, you should already have a Facebook page. If you do not have one, make one! Facebook currently has 1.65 billion active users. Even if you only capture a small percentage of that audience, it could be a huge boost for your business. The large audience, ease of sharing information and relatively simple startup process make ... Read More »
Since 2013, the United States has been a “first to file” country when it comes to inventions. This means a competitor may beat you to the punch even if you come up with an idea first. One thing that may help you prevent this is a provisional patent. What is a provisional patent? Inventors like yourself should know what a ... Read More »
Business owners should conduct a customer analysis during the business plan creation stage, but may also coordinate one when considering marketing techniques. In either case, it is vital that business owners fully understand their customer base in order to be successful. Here are some important steps to conduct a successful customer analysis. Define Your Customer Demographics is the key word ... Read More »
Many jobs and services encourage people to informally recruit a friend. It makes sense. What better way to introduce someone to your product or service by having a current user tell them all about it for free? In recent years, companies and industries have adopted paid recruit a friend programs to grow their brand recognition and gain access to qualified ... Read More »
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