One of the hardest-hit sectors during the COVID-19 pandemic was the restaurant industry. The nature of the way people dine out upended overnight. Establishments everywhere scrambled to keep money flowing into an already tight margin business model. The pandemic hit full-service restaurants the most. National Restaurant News reported more than 79,438 restaurants in the … [Read more...]
How a Lawsuit Can Affect Your Online Business
No one enjoys being sued, but this is especially true when your online business is at stake. A lawsuit will affect you long after the final judgment has been declared. It’s vital to know what to expect so that you can be prepared to do damage control. Photo credit Brand When you start an online business, reputation plays a crucial role in how successful … [Read more...]
ERP Accounting Software: Preventing Fraud
Fraud costs companies millions of dollars every year. However, for most accountants and auditors, catching or preventing fraud is not the focus of their job. We look at what’s involved, and what potential solutions may be available to help tackle the problem. In a recent report, auditors were found to have detected only 4% of occupational frauds committed, and it is not … [Read more...]
6 Things Your Small Business Should Outsource as it Grows
If you’re like many small business owners, you were the only employee who clocked in on an opening day! Startup entrepreneurs often have to handle every aspect of running a business on their own. However, as sales grow, the time you spend being the chief marketing officer, head accountant, and supply chain manager starts to take away from the time you can spend on delivering … [Read more...]
SEO for Startups: A Smart Guide for Entrepreneurs
To startups and small businesses, SEO might seem daunting. Why so? They lack the requisite budget and technical skills. Owing to these constraints, SEO is often an afterthought for startups. They are often so involved in coping with competition and establishing their brands that they forget to reap SEO benefits. Topping the SERPs (search engine results pages) is … [Read more...]