We often hear half of all businesses fail within the first year. However, that’s not entirely true. According to the Bureau of Labor Statistics, 20 percent of new companies won’t make it past the second year. After five years, that number increases to 45 percent. A whopping 65 percent shut down during those first ten
Fair work practices, equal wages, and green initiatives have been a significant focus for many corporations worldwide over the last few years. The change is a shift towards becoming a business environment that promotes an equal and ethical workplace culture. The transition is something that investors are implementing by incorporating social investing into their financial
Whether you have a totally new website or the one staying on the web for a while, high search engine ranking is always a target. It is natural to increase search engine ranking in order to boost traffic, improve online presence, and power up conversions. To improve search result outcomes for the website, you should
Every business has ups and downs. Sometimes a business is making money, and sometimes it is running at a loss. It is not uncommon for the latter to happen, especially for new businesses that are yet to find a consistent customer base. However, when a business keeps losing money for a long time, it is
Studying takes a lot of work. You need to concentrate on studies, find ways to motivate yourself and work hard to get good grades. But when your teachers start assigning plenty of coursework, you need to study all the subjects, and you have other responsibilities to take care of, it's natural to be overwhelmed. If
The market for pre-owned and newly released watches is booming due to a rekindled interest in timepieces during the Covid-19 pandemic that has resulted in an increased demand for the classic piece. Timepieces now hold major investment value, because as demand has increased so have prices. The theory is that watches have risen in popularity
If you're a creator or business owner on Instagram, then there's no escaping it: you need engagement. Engagement is what makes tthe Insta-world go round! But sometimes getting this attention and participation can be tricky. We all know how frustrating it can get when we think we've put in the work but are getting no
Keeping your business’s workplace safe is important for many reasons. Not only can it keep everyone healthy and happy, but it also improves your company's bottom line. If the environment is not safe to work in, you might have issues such as staffing problems and having to pay out increased worker’s comp because of multiple
Opening a small business is no longer just a trend. Millions currently own a small business or work for themselves as freelancers. As an entrepreneur, your main goal is probably having financial independence. After all, working for yourself is supposed to be freeing, isn’t it? Well, the answer is yes and no. As a business
Selling goods online is one of the easiest businesses nowadays. You don’t necessarily need a new product idea to sell things online, and you don’t even have to manufacture your products to start an eCommerce business. From wholesale and dropshipping to reselling clothes and beauty products, the choices are endless. One of the great things
With the values of various technology companies increasing by the day and continuing to outperform the rest of the market, it's still a good time to ensure you're keeping your business investment-ready. There is still a lot of big money looking to invest in growing companies. This has created a unique opportunity for tech companies
Understanding how to analyse situations accurately can benefit you in many different aspects of your life. Having the ability to think on your feet can help to get you out of tricky situations, show your boss how capable you are or get you that date that you have been chasing. Developing your analytical skills is
I’m a business owner and remote work is not my cup of tea. The model requires risk, trust, foresight and flexibility to succeed. It took me too long to adapt to the mechanism of a hybrid workplace for the marketing end of our sign making company. Now, all I see are the benefits. I want
Creating an educational portfolio can be overwhelming for trainers, after all, it is their whole career in a single document showcasing their skill and relevance. A few practical pointers for the educational portfolio of trainers are as follows Include comments- Include the comments section to collect relevant feedback. Triangulate- Triangulate yourself by including different approaches,
In response to coronavirus, more people and companies shifted their operations and work to remote locations. A majority of the workforce decided to work from home to minimize the spread and risk of contracting the deadly virus. With the effects of the COVID-19 pandemic still being felt, this trend is set to continue, with several
All companies these days ensure that they are providing the best training and learning facilities to their employees. Much research is done to curate the most exemplary training programs for the employees, partners, and clients. For this purpose, the companies use different Learning Management Systems or LMS to train their employees. A learning management system
eCommerce businesses continue to grow in popularity. One of the reasons for this is that they are relatively easy to set up. There are now many tools that can help you set up an eCommerce store in practically minutes and you don't need any prior web design or web development skills. However, once you have
Consumer electronics are always in high demand and have a good profit margin for wholesalers, i.e. those who act as brokers for the goods between the customer and the seller. Just think about it: who doesn’t need a new phone or laptop? Research shows that, by 2027, this market will reach a total worth of
So, you’ve designed an awesome-looking online store. You’ve also created a rock-solid digital marketing strategy to attract more website visitors. Chances are you’re already leveraging Facebook ads and search engine optimization (SEO) to drive website traffic. You can’t wait for new visitors to check out your website and purchase your products. But then days pass
Entrepreneurship does not just refer to a person who is organizing, managing, and taking the risks of a particular business or enterprise. Entrepreneurs deal with more complicated subject matter other than just building and operating their very own business. With the help of implementing effective strategies and prioritizing important business skills, an entrepreneur can greatly
You can never aim at great success if you can’t see how your business is performing at the moment. One of the essential features of success is tracking and evaluating your business results. That’s why analytics is so important. When you have an in-depth view of your business’s strong and weak points, you can make
If you’re an online retailer – or looking to launch your first online store – then you’re already familiar with the selling power of Amazon. With over 310 million active users, and a projected 50% of all retail eCommerce in the US, its influence continues to expand and invite new sellers onto the platform. However,
In this digital day and age, online brand reputation is absolutely everything. Not only does your digital footprint attract new audiences and traffic to your site, but the right online reputation will help you convert this traffic into paying customers. Some brands have spent hundreds and thousands on building their online brand, and years refining
If you want to enhance and boost your company's bottom line and grow your business, good communication is essential. When you communicate effectively with your customers, your chances of business success can skyrocket. B2B businesses use certain marketing tools and business strategies to keep the current customers, acquire new ones, and focus on turning prospective
If you're running a small- to mid-sized business, then you want to make sure that it runs as smoothly and efficiently as possible. The problem, however, is that it's easier said than done, and it can quickly become overwhelming for one person to handle everything. Fortunately, help comes in the form of workforce management software,
Business owners have to juggle a lot of different balls. They need to keep their office running smoothly, attract new clients, keep their current clients happy, and much more. However, there’s one thing that if business owners focus on, it will have a positive effect throughout the rest of the business. And that is employee
Setting up a call center can do wonders for your business. Although email and chat support is popular, nearly 50% of customers still rely on calls to contact the company. As it is one of the most important points of contact, more and more businesses are setting up a call center. However, you need lots
TikTok, with its enormous features, has impressed people with its short videos creating vibrancy. A massive number of audiences reside on this TikTok app solely for entertainment. A single video is the first impression given to the people on TikTok because the first impressions are the lasting ones. However, a video has a conceptual theme
Affiliate marketing is a great way to start your journey in online business. Whether you already have a blog, or you’re planning to create one, affiliate marketing can be a consistent way to monetize traffic and generate passive income. But how do you get started? Where do you find affiliate programs? How can you attract
TikTok grabs the presence of the audience through short-form videos. A video ranges from 15-60 seconds long, which gains people a vast amount of fame. Content is the main element that serves in a video. Though the videos are small, it tends to reach people in a short span. Every individual who uses TikTok seeks