It’s estimated that nearly 7 out of 10 businesses will fail in ten years. If you’re in the position to even be thinking about opening a second location then congratulations. But it’s about twice as difficult to open a second location than it was your first. With so many local factors at play, opening a […]
You’ve got a great business idea and the finances to back it – now all you need to do is decide where to set up shop. Choosing a location for your business will depend heavily on the nature of your business. If you’re a retailer, for example, you’ll need a storefront in a high-traffic area. […]
Running a warehouse is a much more difficult task than most people realize. The arrival of various technologies over the years has made the job easier, but there is still a certain art to running a warehouse efficiently. Fortunately, there are a number of things that any warehouse operator or business owner can do in […]
Just because you have the most incredible product that’s been brought to market, don’t expect that this alone will enable you to sell hundreds of units and make a stratospheric profit. While you need to conduct some meaningful market research, identify a gap, play to your niche and launch a product that will solve a […]
Finding good employees is challenging enough on a local level. When you are trying to staff an overseas location, however, the process gets even more complicated. As with any type of hiring, choosing the right candidates is essential. It is especially important, however, when you are in the process of expanding into new regions. After […]
Even with the advent of advanced technology like live video chat and video conferencing; business travel is still a huge industry contributing billions of dollars to the global economy annually. There are many things you can do to make business travel much easier and enjoyable, so here are just a few things you can do […]
The U.S. Federal Reserve has completed an in-depth study of the U.S. payments system and in September 2017 announced its next steps for payment processing improvement. The Federal Reserve’s initiative seeks to provide for real time transaction settlement of payments and would require significant upgrades to the current market payments infrastructure. Faster Payments Task Force […]
Traveling for business can be hard work. Not only do you have all the stress and exhaustion that goes into traveling to different parts of the country and the world, but you also have meetings, conferences, and more to keep you busy when you arrive. If you’re not careful, it can easily become exhausting. Here […]
There may come a time in the course of growing your business when you decide it’s time to move your headquarters to a new location. Maybe it’s because you’ve outgrown your current space, or maybe you’ve opted to move to a more business-friendly city. No matter what the reason, moving a business is a major […]
While many people have thought about starting a home-business based on a talent or skill, only a few actually take the leap, leaving the security of a corporate job to do their own thing. If you’re thinking of starting a home-based business, either full or part-time, here are four preliminary steps you should take to […]
Because you’ll likely be in the business world for a large portion of your adult life, it’s worth it to try to find a job that you enjoy. Although many people spend their lives stuck in jobs they don’t find fulfilling, you have the power to reach beyond where you currently stand and create a […]
Called Israel by some people and called Palestine by others, this little piece of land hemmed by water has always been as controversial as they can possibly get. Whether you talk about Gaza, the West Bank, or even Jerusalem, Israel is always the centre of attention for one political reason or another, but politics isn’t […]
While the impact of a hung parliament is often variable and unquantifiable, it is generally considered to be a bad thing for businesses and the electorate as a whole. After all, the lack of a parliamentary majority makes it exceptionally difficult for a coalition government to drive its mandate, meaning that there is often huge […]
Although the Millennial generation is more lax in most respects than previous generations, young professionals within the group still know how to dress for work. While the tech industry has always been known for its casual attire, stylish guys in more old-school industries still appreciate the value of dressing professionally and how it can impact […]
When it comes to running a business, setting up a shipping system is one of those boring topics that most entrepreneurs prefer to avoid. However, if you are serious about operating your company the right way, it is a part of the daily process that simply can’t be ignored. Here are a few tips that […]
When you are moving, one of the biggest challenges will undoubtedly be packing up all the furniture and items that you want to take with you. Although at first you may think that you can just get some boxes and pack them in, you’ll soon find that it is a lot more involved than that.
