The eCommerce industry continues to grow immensely across the globe. Unlike in the early days of eCommerce when there were just a handful of online stores that would only deliver to specific locations, today anyone with a connected device has the opportunity to start an online business and scale. If you are looking to buy an eCommerce store, there are standard business … [Read more...]
5 Benefits Of Hiring Temporary Staff For Your Small Business
When you run a small business, you have a lot of things to think about. You’ll need to manage the finances, the stock and most importantly the employees that you hire. For some small businesses, the idea of hiring a lot of employees from the get-go can seem daunting as you don’t know how fast your business is going to take off and you don’t want to risk over hiring. This is … [Read more...]
Succession Planning: What Principles May Go Wrong
About a decade ago, the U.S. seasonings firm McCormick & Co. won plaudits for executing a successful succession plan that had long been in the works. The CEO, who’d served in his role for more than a decade and had come to be associated quite closely with the firm’s brand, stepped aside with nary a hitch. Unfortunately, for every such “success” story, there’s a painful … [Read more...]
Workplace Camaraderie: Why It Matters & How to Boost It
When you’re running a business, it’s easy to get caught up in what you can measure: performance trends, analytics, objectives and deliverables. But it’s often the “softer stuff,” i.e. less-tangible characteristics of a company that determines whether it sinks or swims. Why? Because company culture is not always measurable in hard data; getting a feel for it requires … [Read more...]
How to Get Your Startup Off the Ground
Successfully launching a startup is a challenging process that few aspiring entrepreneurs have accomplished on their first attempt. As a matter of fact, around 75% of startups never see the light of day. This can be owed to numerous factors, such as poor management or simply a bad business idea. But where most entrepreneurs tend to fall is right at the beginning. Whether it … [Read more...]