The most successful business owners are always thinking ahead. If you are a new business owner, strategizing about mission statements, corporate culture and business plans are things you would be smart to address early on. More seasoned business owners can benefit from articles on everything from setting client expectations to creating a niche for your small business
With all kinds of legal, functional, technological security mechanisms in place, no business is absolutely secure from fraud. In fact, according to ACFE’s report in 2016, businesses lose an estimate of about 5% of their revenues to fraud each year. From employee theft and embezzlement to misappropriation of funds, there is a myriad of deception that requires the close … [Read more...]
Regardless of what sector you are involved in, recruiting the best personnel is essential. Without the right talent no business can thrive. Unfortunately, the recruitment process is usually time-consuming. This means that it can be extremely expensive. Fortunately, there are ways to keep the costs down. One of which is using the web to research potential candidates. This … [Read more...]
To be a successful entrepreneur, we all know how hard we have to work if we are to realize our business goals and ambitions. But what happens if your health fails? Here we take a look at the work of an attorney and the valuable support they can provide in the event of needing to make a claim for Social Security Disability Insurance, (SSDI) or long-term disability. First, … [Read more...]
As you may have already realized, an online presence for your business can either catapult it to the top or lead to its closure altogether. The success of your online strategy will depend largely on the cybersecurity measures that you institute. This article highlights crucial tips that will keep your business secure online. Threats Associated with Online Presence When you … [Read more...]
There is not an industry in the modern business world that isn’t saturated with competitors, all of whom are doing their best to appeal to the modern customers and clients in order to generate loyalty, and most importantly, repeat business. The legal profession is no different, and in fact, is more competitive than many other industries out there. Clients looking for such … [Read more...]
You have found a more strategic location, or your business is growing and you need more space. You are excited about your move and the new opportunities that await you. But where do you get started? You already have a business running and can’t just wake up one day and leave. It requires careful planning when moving your office, especially if you already have clients or … [Read more...]
Running a trucking business can be one of the most lucrative businesses going, but trucking is highly regulated by both the federal government as well as many states. You have to be prepared and know what you have to do to keep on top of it all. How to Keep Track of It All Keeping track of all the requirements, trucking permits, and taxes is not an easy matter, which is why … [Read more...]
Quality plays an integral part in making a business successful whether it is small or large. It is essential to maintain security, functionality, and other important components of the product delivered in order to build customers trust and meet their evolving demands. Usually, large companies employ entire teams of testers to conduct quality testing. However, small … [Read more...]
Research shows that even a small rise of just 5% in customer retention can result in profitability increases anywhere from 25% to 95%. The same study revealed that the acquisition of new customers is between five and twenty-five times more costly in terms of ROI than the cost of investment when it comes to retaining a consumer. Repeat buyers are more likely to spend more on … [Read more...]
Despite increasing technological advances, human capital remains one of the most important assets of any workplace. Profitability and productivity are, in large part, dependent on employees who are engaged, motivated to work, and happy in their careers. In workplaces where the environment is one of tension and stress, the cost to the company is staggering. In the United … [Read more...]
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