Business

//Business

Investing in an actual business is much different than investing in real estate or stocks of a larger public company.  Much of the wealth that citizens hold is built upon owning a small to medium size business. The size of the business is all relative to the location and genre of types of business you are involved in.  Regardless of the size, running a business takes time, effort and a skill that not all people have.

How JD.com is Using Advanced Technology in Order Processing and Delivery

It is common knowledge that technology is becoming an important aspect in the operations of any company. Most of the organizations that are operating in the world currently are using advanced technology to penetrate in the market. There are multiple uses of technology such as marketing, financial forecasting, and quality services delivery. JD.com is an online retail company that is currently changing how individuals perceive the ecommerce sector in China. For a longer period, the Chinese online retail industry has operated exclusively as a preserve for the technological experts and middle class individuals who live in the big cities across the country. [...]

By |2019-04-11T20:52:44-04:00April 10th, 2019|Business|0 Comments

Five Financial Mistakes That Will Sink a Small Business

Here’s a sobering statistic: only half of all small businesses will still be up and running five years after their start. Chances are if you’re starting a venture of your own, you’ve heard plenty of cautionary tales that illustrate this stat, but very little practical advice on how to beat the odds. While some aspects of success are dependent on factors that are outside of your control — most notably, changes in the economic climate after you’ve launched your business — there are some steps you can take to stack the deck in your favor, and some pitfalls to steer clear of. [...]

By |2019-04-03T08:56:26-04:00April 3rd, 2019|Business|0 Comments

Employee Appreciation Ideas for Small Business Owners

Small business owners rely on hardworking and dedicated employees to help their businesses thrive. As a small business owner, you must find creative ways to show gratitude to your employees when there is not enough room in the budget for cash bonuses. Here are some ideas on how to reward employees on a budget. Throw an office party Annual office parties are a great way to show the entire office staff appreciation. A potluck is a great idea for each person to contribute without picking up the whole tab. The homemade touch of dishes can bring a new element to the gathering. [...]

By |2019-01-08T16:58:18-04:00December 31st, 2018|Business|0 Comments

5 Common New Business Problems and How to Solve Them

The first few steps you take as a small business are crucial to establishing a solid business footing. Even though you’re small enough to experiment and make room for mistakes, you also put your company’s well-being at risk by making just a single error in your decisions. This can be pretty challenging considering that, as a small business unit, you are still in the process of setting up. A good amount of stamina and personal discipline is required to keep up with the demands of the business—especially when faced with the most common small business problems. According to a 2017 report by [...]

By |2019-07-30T16:19:40-04:00November 6th, 2018|Business|0 Comments

Mistakes To Avoid When Starting A New Venture

When entrepreneurs decide to launch startups, the primary goal is to grow rapidly and become a top brand in the market. However, most of these new businesses fall off within the first year because of mistakes made in the early stages of operations. Here is a closer look at some of these mistakes and how to avoid them. Failure to comprehensively study the market When you decide on the target market, the chances are that there are other operators already running similar businesses. Failure to study the market is like setting the business for failure. You are likely to go into the [...]

By |2018-10-29T14:04:59-04:00October 6th, 2018|Business|0 Comments