Here's What SMBs Can Learn WordPress has been dominating the digital world over the past years. With 33.4% in market share (as reported by W3Tech) and representing over 60% of all CMS in use, it’s safe to say that the ubiquitous platform is the go-to choice for both small businesses and larger enterprises. Starting as a simple blogging platform back in 2003 (as a fork of b2/cafelog), …
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LinkedIn Tips for Small Business
LinkedIn is a powerful social media platform for businesses, job seekers and those looking to build and expand professional connections. It has immense potential as a marketing and promotional tool. When you get the hang of LinkedIn, your business will be receiving the exposure it longed for. It’s time for you to utilize LinkedIn and start promoting your business and build valuable …
IT Operations 101 for Entrepreneurs: Four Things You Should Consider Before Launching a Startup
Technology and business go hand-in-hand in today’s world. There are unlimited solutions available to automate processes and provide useful oversight of business practices to help startups and small businesses succeed. However, these tools all come at a price. So, with the undersized budgets that are typical for most entrepreneurial ventures, funding IT operations can be a bit of a …
How to Easily Prepare Financial Statements for a Small Business on a Limited Budget
If you just opened a small business you may lack the funds to buy expensive accounting programs or to hire a bookkeeper. You have a great business idea but you don’t have any accounting experience. This can prove to be quite detrimental: according to the Small Business Administration (SBA), more than 50% of small businesses go out of business within the first 5 years mostly due to poor record …
Best of Both Worlds: How SMB Leaders Should Buy Technology to Grow Their Business
From the moment small business (SMB) owners decide to hang their first shingle, they’re faced with many important questions about how to define their company. A critical first question that must be answered at the start is “how can I create processes that employees can replicate to streamline the business and scale faster?” This answer to this lies in turning to technology and new tools to …
Business Contracts – Default Provisions and Why You Need Them
I spent over 20 years as a chief financial officer (CFO) of various companies, and I’ve owned my collection agency for over a decade, so I’ve seen a lot of contracts. A large percentage of the contracts I’ve seen lack one or more key provisions that would make collecting on an unpaid invoice much easier. That’s because lawyers don’t always consider collection issues when advising their clients, …
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Growing Gradually: How to Manage Product Supply and Demand
As a small business owner, you are your own boss, which can have its ups and downs. On the plus side, decision-making is very efficient and action-focused. But managing an extraordinary variety of tasks can put you outside of your comfort zone. For many small business owners, securing and maintaining retailer relationships is one of those tasks. We talked to three successful small business …
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Why Small Business Must Worry About Duplicate Content and a Hurt SEO
Tools that help in Producing Good Quality Content It is easier to work the fastest when a person has the appropriate tools that can make their work easier. There is a huge, visible difference when a person has to work without the proper tools and the extra time that the work consumes. The same idea applies to content writers, primarily because the competition in this particular field has grown …
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Strategic IT Planning & Risk Management
Computer systems and networks face a barrage of threats, more so from malicious actors such as hackers. The information technology infrastructure that you have put in place goes a long way in determining your company's success. IT systems and equipment are involved in the day-to-day operations of …
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Business Travel Tips to Maximize Your Budget and Time
Traveling for business is one of the best ways to fast track your career, connecting you with your customers and clients face to face. If you find yourself frequently on the road or in the air for business, it’s important to maximize both your budget and your time. This way you can make the most of …
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4 Questions Small Business Owners Should Ask Before Taking Funding
Financing your small business with an outside funding source is perfectly common, but that doesn’t mean you shouldn’t take precautions and educate yourself beforehand. If your business is in a position to take on outside funding, there are several questions you need to ask yourself about cash flow. …
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