Infographic: Is Small Business Venture in Education Worthwhile?

July 9, 2019


Entrepreneurs often have a hard time sticking to small business ideas because the business landscape is constantly changing. Trends come and go, ideas eventually fade away and since businesses are so easy to set up nowadays, there are very few repercussions of a failed business.

Thankfully, there are still a couple of business ventures that are well-worth your time such as a small company that focuses on education. But can a small business venture in education be worth your time, or is it something that will lead nowhere?

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Which Documents Should Your Business Translate When Expanding Abroad

July 4, 2019


Expanding a business abroad is an exciting time for a company of any size, nevertheless, it’s also a complicated process which requires an in-depth planning and extensive research. In the last 10-15 years, the way companies conduct business has changed significantly, mainly due to the developments in technology and now widely available internet. The way consumers behave, in many ways remains the same however, regardless of their specific location or market.

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10 Tasks Small Business Owners Should Outsource to Focus on Core Business

June 25, 2019


The human resources (HR) department of a company is responsible for many things. They are in charge of hiring and firing employees, dealing with payroll, training staff, breaking down employment laws, and ensuring interpersonal work relationships are in order. However, these tasks can be both hefty and time-consuming

Fortunately, outsourcing the HR tasks of your business can be a great way to revolutionise your company as a whole. While outsourcing has its pros and cons, one benefit of outsourcing is that it can give you the flexibility you need to pursue a growth strategy for your business, according to Info Entrepreneurs.

Apart from the latter, outsourcing human resources tasks can also help you avoid penalties from noncompliance; save more money when it comes to hiring, training, and paying for benefits for your employees; as well as save you time when it comes to maintaining HR functions.

If you’re interested in consolidating the tasks of the human resources department of your company, consider outsourcing the below small business tasks:

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Why Every Business Needs to Invest in Research and Development

June 23, 2019


Businesses of all types and sizes face competition every day from all corners of the world. Innovation is what can set one business apart from others. The rise of technology has accelerated the pace of innovation and with it the need to invest in research and development (R&D). Many people argue that only those businesses that are on the cutting edge of technology really need to worry about innovation. Nothing could be further from truth. The industries as old and stable as retail and manufacturing are being upended by the rise of technology. Businesses that do not understand the importance of innovation and fail to invest in R&D run the risk of becoming extinct. History is littered with examples of stellar companies that have gone under due to lack of R&D investment.

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Boost your Recruitment Skills with Effective Training

June 22, 2019


When we recruit a new team member, we are making a commitment to invest a lot of resources in a person by training them to carry out their role to the best of their ability, and therefore, it is vital that we recruit the right people. Some would say that recruitment is the most important business process of all, and as an organisation is only as good as the people it employs, there is an element of truth to this.

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3 Ways Outsourcing Can Help Your Small Business

June 7, 2019


In the modern hustle of entrepreneurship, small business owners everywhere find themselves with an age-old dilemma: there simply isn’t enough time in a day to get everything done. This often results in having to choose between quantity and quality of fundamental aspects of your business model. But what if you didn’t have to choose? Not enough business owners take advantage of outsourcing key elements of their company to achieve higher-quality, professional work while also giving themselves the time to focus on their strengths. Here are three ways outsourcing to the pros can actually boost your business.

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Global Trends Identified in the Legatum Prosperity Index

May 23, 2019


Every year, Legatum releases the Legatum Prosperity Index which analyzes social developments in 149 countries. The London-based independent charity ranks each nation based on certain societal pillars like growth in education or economy, as well as changes in business environments and governance.

Recently, the global think tank studied seven distinct regions around the globe, namely: North America, Western Europe, Eastern Europe, Latin America and the Caribbean, Asia-Pacific, the Middle East, North Africa, and Sub-Saharan Africa.

Below are seven global prosperity trends identified in Legatum’s key findings.

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How to Get Started with Private Label Skin Care Business

April 2, 2019

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As leaders in the beauty industry, we as estheticians, massage therapists, and spa owners decide what products our clients use. Our recommendations go a long way with our clients, and we need to be sure what we recommend works for them, as well as us. That might seem counter-intuitive because, until now, we have had to decide between quality and profit margins. Fortunately, it doesn’t have to work that way anymore. We can still serve our clients and keep our brands thriving and growing.

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What do You Need to Consider When Expanding Your Business Globally

March 20, 2019


Globalization in the last decade has allowed even small businesses to find customers outside of their home country and expand their business internationally. There are large number of companies that provide services such as shipping and logistics, payment, taxation, etc. you need to expand your business in other countries. As a business owner you don’t need to know all the details nor do you have to provide these services yourself. The external companies that specialize in these areas can handle these tasks for a fee.

While you can tap into their expertise it behooves you to do the homework to make sure that you don’t fall prey to bad actors. So, what do you need to consider when expanding your business internationally with the help of external service providers?

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Popular Mobile Businesses You Should Consider as an Entrepreneur

February 11, 2019


Not so long ago, internet sensation Kurt Varner decided to pack up ship and drive to Mountain View in the hopes of getting his startup off the ground. Fast forward several years and now Kurt is one of the head honchos of the Dropbox design team. While Kurt’s story to career fame may seem fanciful and fairytale-like, Kurt understood something vital about using all your resources, and in this case, your car. While not all of us will be expected to sleep in our cars to launch the next best thing since Google or Apple, this story just reveals that a retail shopfront is not the start and finish of a business and that there are a number of businesses that make it on-the-move.

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