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Is Your Business Ready For The Generation Z Revolution?

96% of Generation Z own a smartphone! A staggering statistic, but an example of how technology has been ingrained into the core characteristics of our future workforce. Born into a world of constant updates and instantaneous access to information, Generation Z has had to adapt to processing and filtering a lot of information. This makes them great multi-taskers – but prone to suffering from a low attention span. The good news for businesses is that Generation Z employees are entrepreneurially inclined and will pursue more efficient avenues of progression to start new ventures. So what can you do now to prepare your business to harness these skills and attract the talent of the future? Generation Z employees are looking for fun, sociable environments to work in. They want training, personal...

6 Things Entrepreneurs Must Do To Protect Their Assets

Entrepreneurs spend a lot of time in growing their business, but often fail to focus on protecting their assets. All the effort of today can easily be lost if efforts are not also made to plan for tomorrow. Asset protection helps not only you, but your family after you pass away. Assets generally include investments and retained earnings, but it can also encompass patents, proprietary technology and exclusive contracts with suppliers. Entrepreneurs need to think and prepare for unforeseen events such as death and make sure proper succession plan is put in place to facilitate smooth transition. With that in mind, here are a few tips entrepreneurs should follow in order to better protect their finances and assets… 1. Make A Will The first call to action in setting up your financials fo...

5 Ways To Bring Skeptical Clients To Your Business

Dealing with some clients who might be wary about your business and what it has to offer can be one of the major challenges as a business. Whether you are brand new and trying to attract your first clients or you have been established and want to encourage a new demographic to check you out, knowing where your clients are coming from can make all the difference. Here are five ways you can encourage skeptical clients to consider you rather than the competition… 1. Know Your Buyer Well Before you even begin any sort of marketing campaign, you want to know exactly who you are planning on selling your product to. This might mean that you need to sit down with your team and think about exactly what methods you want to take, who your buyer persona is, and why he or she might be hesitant ab...

5 Ways Technology Helps A Business To Grow

Technology helps a business to grow seamlessly, and it is a proven fact. Companies that accept technological improvements for business process management are found to be more successful as well as long sustaining. There are certain ways in which modern technologies can help business. To make a business process seamless as well as long sustainable, different kinds of technological improvements have been done. 1. Make A Business More Profitable Technological improvements make a business more profitable as it helps to reduce the use of human efforts. As a result, it saves a lot of efforts and it also saves time. Most importantly, technology brings accuracy. Automated machines perform specific jobs with more seamlessness than human beings. Machines can achieve faster results as well. So, the o...

6 Ways To Improve Cash Management In Your Business

Cash management can make or break a company. Poor cash management may lead you into debt to meet your immediate obligations, limiting your ability to pay other bills in the future. Here are six ways to improve cash management in your company, all of which are within reach of organisations of any size. None of these methods for improving cash management are expensive to implement. 1. Know Your Break-Even Point You cannot become consistently profitable unless you know your business’ breakeven point. A major reason to calculate this number is to understand all your ongoing expenses and, if the breakeven point is too high, know what you can cut. You should calculate this number along with income, expenses, and taxes so that you can proactively address costs that are creeping up. 2. Collect Rec...

How To Choose The Right Interactive Touchscreen For Your Business

Research shows when you engage an audience they will take in more information and show a greater willingness to learn in the future. This is imperative in both student and workplace presentations. An interactive touchscreen may seem unnecessary; however they can be far more cost effective than projectors. And in today’s digital world, where everything is connected, they are much better for collaboration. So how do you find which is the correct one for your business? Here are some of the most important aspects to consider. Budget Begin by defining a reasonable budget. Before you do this, conduct some research into the available models and make sure you have a clear idea of the features you’ll need most. Divide them into lists of essentials and nice-to-haves. Make sure you get a device...

Robotic Process Automation Set To Enhance Capabilities, Performance And Reduce Operational Costs

Robotic Process Automation (RPA) Market size is set to exceed USD 5 billion by 2024; as per a new research report. The growing adoption of RPA technology by organisations to enhance their capabilities, performance and reduce operational costs is expected to drive the Robotic process automation market growth over the forecast timeline. In order to gain ease of the processes, organisations are increasingly deploying these solutions with the traditional business processes. Surge in demand to eliminate manual interference in simplified and time-consuming business processes is predicted to increase the technology adoption rate. Robotic process automation market has a huge potential to transform the way organisations operate and support various business processes. Surging eminence of BPM solutio...

Business Basics: The Real Cost Of Energy Consumption

The day-to-day pressures of running a business can often mean matters regarding energy consumption are pushed onto the back burner. Simply put, for many business owners, improving the allusive carbon footprint often falls quite low on the list of priorities. That being said, with expert assistance behind you, enhanced energy efficiency can be achieved with nothing more than a phone call. After all, as society becomes progressively conscious of the implications of its ecological practices, opting to go green is becoming more and more important in the corporate sector. The Realities Of SME Energy Consumption According to a 2017 report compiled by The Federation of Small Businesses (FSB), 61 per cent of SMEs stated that energy was a significant cost to their business. In response, up to 40 pe...

Why Installment Loans Are The Best Bet For Bad Credit Score Holders

It is natural to seek instant credit solution to restore bad credit score. However while wishing for additional loans, it is equally important to arrange for funds to support the repayment of the same. As alluring it is to opt for the instant loans as difficult is to arrange for the repayment with the bad credit history. For, your credit worth is also low with bad score. With bad credit score, you ought to look for ease of repayment above all the other terms of the loan. Herein installment loans could be your best bet to meet the cash crunch. Installment Loans Versus Cash Advance The cash advance such as payday loan calls for total reimbursement of loan amount with interest date on a date of your next payday which is just a few days after you avail a loan. With bad score it certainly is a ...

10 Ways To Achieve A Clearer, Cleaner Workspace

Clear space, clear mind. And clear minds always equate to improved performance in the workplace. While you may be of the opinion that putting your all into work is enough to drive results, research suggests that it may be time to invest in some office cleaning. And I don’t just mean cleaning in the “physical” sense, but also the digital. According to a study compiled by smallbusiness.co.uk, a clean place of work can have a myriad of positive benefits for both employers and employees. Results showed that the simple process of tidying boosted productivity by tackling four key areas: reducing sickness, boosting motivation and staff morale, constructing a fresh, clean company culture, reducing stress. Take things step-by-step, design a de-cluttering plan, and work your way through it. Be...

Bad Credit? Business Loan Options For Entrepreneurs

Among the many challenges, an entrepreneur needs to face and overcome; finance is undoubtedly the toughest, especially when the credit score is less than ideal. However, just because you have a credit score that you are not proud of, it does not mean that you will have to forget about running a vibrant and profitable business for the lack of funds. A quick look at the viable options in a scenario when commercial banks may be reluctant to extend loans to applicants with bad credit: Family & Friends When you step out to establish a business of your own, the very first support usually comes from family and friends as they are the people who really want you to be successful. If your idea is good and you are persuasive, often a large portion of the seed capital can come from them. The good ...

Graduates: 4 Tips When Applying For An IT Job

Many students make the mistake of thinking that they’ll have recruiters falling at their feet when they graduate. Truth be told, IT isn’t as specialised as it used to be. There are far more people entering the industry than there were ten years ago, and not enough jobs to go around. If you’re about to venture into the job market, these four tips will help… 1. Keep Your Digital Footprint Under Control Every time we sign up to a new website, post updates on social media and respond to comments, we are adding to our digital footprint. Even when we’re browsing the web on smart phones our behaviours, interactions and activities leave behind metadata that can be collected and stored. This information is often quantified, usually by corporate entities, in order to pr...