In the UK, there are 5.5 million businesses, so it’s important to make sure that you can run your business to the best of your ability. From making efficiency savings to ensuring your operations run smoothly, as business owners, there’s plenty to think about.
Promotional products are a great way for businesses to get their message out to potential customers. They are an important tool in any marketing strategy, as they can be used to build brand awareness, increase visibility and engage customers. From pens and mugs to hats and t-shirts, there’s a wide range of promotional products available that can be used to promote your business.
Data science is the process of using scientific methods and systems to extract key information from various forms of data. Data science is one of the most sought-after fields in the United Kingdom, meaning this is a perfect time for budding data scientists to enter the industry.
Most business owners want to ensure that their products resonate with their local consumers before expanding globally. If your product or service has become a success and you know there is a market outside Canada, going global is a good idea.
In the midst of the plethora of challenges facing us all, those who are fortunate to have something to spare may be seeking ways to support causes close to their hearts this Christmas, the peak time for charitable giving. But with so many worthy causes, how do you go about gifting in the most effective way?
It’s widely reported that female founded businesses get less funding than male, and while venture capital boomed in 2021, women-led start-ups didn’t reap the benefits. Research from the European Investment Bank revealed that female entrepreneurs secured only 1% of venture capital investment last year. This is despite the fact that women-led businesses generate more gross sales, deliver double the return on investment, and fail less often than male-led businesses.
Understanding the basic principles of customer acquisition and retention is key to building a strong business. Here are some tips that you can use today!
Did you know you can leave part (or all) of your death benefit from a life insurance policy as a donation to a charity or nonprofit organisation? Permanent life insurance policies, such as whole life insurance and universal life insurance, with their guaranteed death benefit, are perfect candidates for charitable giving.
As interest rates are hiked by ratios not seen in decades, the fallout from slowing economies across the world is likely to hit middle income earners as much, or more, as those on lower incomes. While those at the poorest ends of society are well-versed in being able to make a little go a long way, those on middle incomes have less experience here.
When forming a business, the number of pivotal decisions you need to make is eye-watering. And yet if you choose correctly at this stage, it’ll be a much smoother ride to success.
Picking a structure for your fledgling company is particularly important, with the main sticking point being whether you form an LLC or an S-Corp.
For business owners, the ways in which you can promote your company have changed dramatically over the last decade. The majority of marketing now takes place online, particularly since the start of the pandemic.
The customer journey is one which can have a transformative effect on a business’s success, with new technologies opening the door to exciting opportunities.
iatrixAir is a healthtech start-up that provides mission critical products and services using sensor fusion and machine learning that detects and destroys airborne pathogens and biothreats in near real-time for commercial and public buildings.
For businesses looking to elevate themselves in any area, they must completely understand their clients’ demands as well as how to meet them.
Vertical market software is particularly niche, and it should be tailored to each business – as well as across every industry.
The protection and maintenance of a business’ intellectual property (IP) is often overlooked and misunderstood by business owners. The IP of a business is a valuable asset, and in the correct circumstances can be utilised to help generate additional income with relatively minimal effort through licensing.
According to a May 2021 Federal Reserve report, as many as 83% of Americans have at least one credit card, leaving approximately 17% that currently don’t have a line of credit. But it’s becoming more complicated to live without a credit card, given how often the average person does business with online companies, as well as local companies which are improving their online presence.
As the volume and variety of data soar, enterprises require more advanced analytics tools. Therefore, increasingly more organizations upscale their investments in business intelligence (BI). According to Industry Research, the global BI market will reach $35,380 million by 2028, growing at a CAGR of 5.6% during 2022-2028.
Robotic process automation (RPA) is a hot topic among businesses for many reasons. It increases productivity, which in turn increases profit. Business efficiency is another area where RPA can do wonders.
While RPA can impact a company positively, many business owners still need to be wary about adopting the technology. However, the whole point of robotic process automation is to free workers’ time and energy to focus on more vital activities.
No matter the industry in which your business operates, social media can act as an extremely powerful marketing tool, allowing you to expand your reach and connect with customers who may not have known about your brand otherwise.
LinkedIn has established its presence in the professional world. The platform has over 750 million users globally. The purpose of LinkedIn is to serve as a professional network for business-minded people. In addition, many LinkedIn users are decision-makers in their companies. Consequently, LinkedIn is ideal for B2B marketing campaigns.
When two companies combine, it can help the new entity boost its market share and profits. The two main ways of achieving this are through mergers and acquisitions. Mergers occur when separate companies combine to form one company.
Sadly, even the most useful tool can quickly become a destructive weapon when it is placed in the wrong hands.
This fact of life permeates every industry, every family, every community. Something designed to valuable and beneficial can be used to cause harm when in the wrong hands and moved by the wrong motives. An example of such a tool is that of social media.
The dangers facing businesses are ever evolving and becoming more and more deadly as times goes on. As many blessings has technology has brought, it has brought with it an element of malice for those intending to use it for the wrong purpose.
There is no hiding from the fact that companies, both large and small, need to invest in legal aid to help with the smooth running of their operations. And, with more than 90% of legal and tax professionals saying their work provides them with a significant sense of professional purpose, it would appear their contributions are meaningful and essential.
Cybersecurity is becoming a critical issue globally, given the heavy Internet usage for businesses. Hackers find it easy to crack into your system and acquire sensitive information. In fact, during the second quarter of 2022, there were approximately 52 million data breaches.
Moving digital assets into the cloud is a common trend for businesses nowadays. More of them find the convenience of organising and retrieval it affords highly advantageous to their operations.
Disruptions happen daily at factories around the globe, causing significant damage to production processes. According to Statista, there’s an estimated loss of $184USD million in 2021 due to …
We live in a world where businesses constantly reinvent themselves to remain competitive. Automation and digitisation goals feature in well over half of all today’s businesses’ long-term corporate strategies, according to PwC’s most recent annual Global CEO Survey. Which is why artificial intelligence (AI) and virtual worlds or ‘metaverse’ related technologies and tools have risen to prominence, particularly in relation to improving on-the-job training and upskilling new talent.
Grant writing can be a daunting task. If you’ve never written a grant proposal before the idea of putting one together can be overwhelming. This article will cover the proposal writing process from start to finish, with tips and best practices along the way. By the time you’re finished with this advice, you’ll be confident you’re putting your best foot forward when approaching organizations for funding.
According to insight from the Office for National Statistics (ONS), more than 38% of the UK workforce now enjoy either a part-hybrid or totally remote role. While sceptics have suggested that this trend will begin to fall in-line with retreating COVID-19 cases, a recent survey from Tracking Happiness found that workers are reportedly happier and more productive than ever thanks to their newfound flexibility. As such, if anything, remote working rates are expected to rise further over the coming years.
The Proptech M&A Market Report from Hampleton Partners, the international M&A and corporate finance advisory firm for technology companies, reveals that the first half of 2022 saw 55 property technology (Proptech) deals, 57 per cent up on 1H2020 and 12 per cent up on 1H2021 numbers.
The 9/11 victim compensation fund is the fund that was created for monetary compensation to the families who lost their loved ones, victims who got injured, and others who got ill resulting from the toxic dust after the collapse of the Twin Towers during the vicious attack on the World Trade Center (the Pentagon) and the Shanksville crash (Pennsylvania) on September 11, 2001.
The world is moving faster than ever with billions of people on the move. In fact, by 2050, more than two-thirds of the global population will live in cities.
Putting your business on the market for sale is a considerable undertaking, regardless of its uniqueness. This is why it’s essential to avoid the mistake of selling your business to the first investor or company that makes an offer. The search for the ideal buyer and a fair negotiation are vital elements for a successful sale that will reflect your hard work.
If you run a business, you might assume that your legal requirements will be met by a corporate lawyer, with this type of expert helping to oversee things like contracts, employee disputes, compliance and so forth.