Competing against big corporations is a challenge for small business owners, but focusing on a niche market can be a huge benefit for small businesses. This article discusses eleven advantages for small businesses and how to use them. To view this article, click HERE to access the original content.
Business owners should focus on business models to ensure their business finds success and increases profit and potential. This article discusses six business strategies that will help keep your business around for a long time. To view this article, click HERE to access the original content.
Ecommerce on social media platforms is booming, and business owners must fulfill orders effectively to stay successful. This article discusses a number of best practices to help with social commerce fulfillment. To view this article, click HERE to access the original content.
For small business striving to reduce the overhead associated with hiring workers, one method is to make efficient use of technology. According to a recent survey by CompTIA, 73 percent of midsize businesses and 56 percent of firms with fewer than 20 employees say technology is a primary factor in pursuing their business objectives. Budgeting […]
During the first three months of 2019, non-farm labor productivity grew 3.6 percent, according to the U.S. Bureau of Labor Statistics. This is coupled with a 4.1 percent increase in output, along with hours worked increasing by one-half of one percent. Comparing the rates from 2019’s Q1 to the first three months of 2018, productivity […]
When it comes to gross margins and the American economy, they vary widely throughout the country’s industries. When New York University’s Leonard N. Stern School of Business recently compiled gross margin statistics for January 2019, they found the low end includes the Auto and Truck industry with a gross margin of 11.45 percent and the […]
The Congress at Work series of articles is designed to give you a glimpse of various types of legislation currently under consideration. While either the Senate or the House of Representatives may initiate a bill proposal, be aware that many bills never become law. They may never make it out of committee, be blocked by […]
Long-term success begins with the ability to implement strategic change. This article discusses why companies struggle to accelerate strategic change and how to tackle these problems. To view this article, click HERE to access the original content.