If you're searching for an affordable source of funding as a small business owner, you may have discovered that your options are sometimes limited. The unique laws that surround business lending aren’t nearly as stringent as those that regulate the interest rates on consumer lending. Because of this, some business loan interest rates are remarkably high. So what’s a business to do if they need to find low-cost funding? Plus, you need to understand just what “low-cost financing” … [Read more...]
5 Cybersecurity Best Practices for Small Businesses
As a small business owner, it can be tempting to think that hackers won’t be targeting your business anytime soon. Surely, they’ll be too busy hacking the big corporations like Google or Equifax. However, you’d be surprised to learn that according to a recent Verizon data breach report, 43% of all breaches in 2019 targeted small businesses. Data like this shows that hackers spare no one when it comes down to who they choose to attack. This means that even owners of the smallest … [Read more...]
How to Choose the Best eCommerce Plugins to Boost Sales and Build Business
Choosing the right plugins for your eCommerce site is crucial to your success and essential if you want your business to grow. Unfortunately, there are a ton of eCommerce plugins to choose from, all with different functionalities. This makes knowing which ones to use in your online shop challenging. And don’t think that just using the most popular plugins in the market will help. You’re going to need to evaluate your individual needs and do a little research if you want to make the most of … [Read more...]
What is Business Process Outsourcing (BPO)? Can it Help Your Company?
The modern workforce is increasingly specialized, with workers finding the things they do best and excelling there. When you're running a company it can be hard to find the absolute best person for every task within your company. This is particularly true for tasks you need less often. For those, there is no reason to use a highly qualified, full-time employee if you don't have the need. One solution for businesses is to turn to business process outsourcing (BPO) services. What is … [Read more...]
5 Skills You’ll Need To Outgrow Competitors In Business!
A business should vanquish an enemy without vying. With the right skills-set, you can thrive in any industry, outgrow competitors, and leave your rivals far behind. Although when a business constantly fails to outgrow — or at least cope with — its competitors, it may end up losing sales. However, running a business is no plain sailing. According to SBA (Small Business Association), 20% of new companies fail in their first year, while only 50% survive through their fifth year. One of the … [Read more...]
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