For many businesses, keeping on top of their inventory is crucial to the profitability of their operations. Inventory management thus becomes incredibly important. Today there are tools being developed that can make managing your inventory and supply chain easier and more efficient. Let’s take a look at three tools that can help you manage your inventory more effectively.
Building business strategies that actually work to promote productivity has to be a core consideration for every business. Some business owners will try about anything to get there, and their stories will get other business owners to try them out, often with much less success. One of the best ways to build more productive and sustainable business processes is to ensure that they are repeatable. Today, we’ll discuss how building more consistency can really benefit your business.
The average cost of downtime for a medium sized organisation has been estimated in excess of $100K per hour.
Ensuring effective off-site backup solutions is essential to any business, large and small. If an organisation’s backups are not well-managed, comprehensive disaster recovery becomes difficult, if not impossible. Business interruptions happen. It’s how you respond that is important to your bottom line.
COVID-19 has been pretty rough on the small business. Millions of businesses have either been forced to suspend or alter operations. Today, we wanted to point out that you may be distracted with a lot of things, but your business’ cybersecurity efforts need to be a priority.
The security of your business’ digital assets is extremely important, which is why it is disheartening when we see so few organizations taking the steps they need to sufficiently protect them. We thought we would go through some practices that will help you protect these assets and start you on your way to developing a security strategy of your own.
Businesses deal in relationships. They have to create a relationship with their clients and customers to keep them coming in the door, whether they are serving other business needs or consumer ones. Of course, it can be hard enough to manage all of the relationships in one’s personal life… how can one possibly add business relationships into the mix?
Employees are without a doubt the most unpredictable resource within your business. Nothing can be more catastrophic to data security than a careless or untrained worker. Enforcing safe practices and policies doesn’t have to feel like a chore, if training is handled properly. In fact, employees typically become eager to learn how to avoid the latest and greatest cyber-related threats. These threats plague not just our work lives, but our everyday lives as well. Today, we will discuss what you and your employees should be aware of in today’s connected world.
There are many obstacles that any business owner needs to avoid in order to keep themselves from backsliding like Sisyphus did in Greek myth. Some of these obstacles may not be the first that come to mind, either. Here, we’ll review six mistakes that a business owner can make that can prevent them from reaching their goals.
When you run a successful business, you accrue a large client base. It eventually becomes impossible to please everyone, leading to some negative online reviews. With the rise of social media making it easier than ever before to take negative thoughts into the public’s view, you need to take a step back and consider your organization’s stance on how it deals with online reputation management.
Countless business professionals all over the world are finding that they don’t have enough time in their work day to handle all of their responsibilities. The truth of the matter is that this is hardly something that’s anyone’s fault. If anything, it’s the poor time management skills that come from bad practices in the office. Today's tip is dedicated to how you can keep these tendencies to waste time in check.
How much does your business rely on technology? Chances are that there is at least one solution your business can’t get by without--and where there is a technology solution, you can bet there will be users who need help with it. We’ll discuss how a help desk solution can help your business avoid downtime and general technology problems.
What’s the point of doing business if you aren’t making money? Processing payments is one of the most critical parts of running a business. To make this easier and more efficient for your company, we recommend working with more effective invoices. This week, we’ll discuss how you can make your invoices more valuable.
There’s no denying that the numbers on an IT invoice can be intimidating, to say the least. However, when making important decisions about your IT, you need to also look deeper than the numbers, to what you are actually going to gain by making one investment over another. This is the difference between comparing cost and comparing value.