Keeping track of one’s finances is a primary concern of every entrepreneur because cash flow is an integral part of any business. A yearly budget needs to be drawn out to forecast and assess the financial aspect of your business more efficiently.
The benefits of blogging to your business
Blogging has been around for more than two decades, and it has become widely used from personal journals to marketing and commercial purposes. Various brands and companies have also turned to blogs to communicate with their stakeholders. A blog gives an added dimension to your website, which usually has standard pages that do not need frequent updating.
Rafting through the entrepreneurial rapids
The perils of letting the powerful flow of water push you along a maze of huge sharp boulders are extremely high. It’s the same with putting your efforts and resources in establishing and running a business – you can gain so much or lose a lot. Despite the hardships, the whole adventure brings excitement and adrenaline rush. The satisfaction that the end of the surge gives to those who take it is even greater for those who finish it.
Cloud storage: where to store your data
The 20th century saw the creation of cloud storage, but it was in the 21st century when it gained widespread use. Many businesses, especially those with offices, staff or dealings in two or more locations, have resorted to putting their data on a cloud platform for easy storage, sharing and collaboration. Understandably, it is a technology that most companies turn to in making their operations faster and more efficient.
Business leadership styles you can learn from entertaining guests
Augmented Reality as a business tool
Augmented Reality (AR) has become a buzz term because of apps that utilise this technology. However, do not confuse AR with VR or virtual reality. VR provides an immersive experience beyond the physical realm into a simulated environment. Meanwhile, AR produces computer augmentations over a real scenario, mixing reality with enhanced graphics.
Your diet, your business and you
The holiday parties may have you binging on food that it’s time to shed the unwanted fats and get into shape. The new year calls for a new you – a better and healthier version of yourself. You may want to hit the gym, do some physical activities, or watch your diet. But it’s always good to do some research before you decide the right course for you, as a particular activity or diet may pose risks to your health.
10 fun activities for team-building
Taking time off from one’s busy schedule is a welcome respite for every person – business owners and staff members alike. Apart from vacation and annual leaves, a good way to break free from the confines of workspaces and work routines is to have team-building activities where the entire team can have fun together. The beginning of the year is the best time for some pep rally to set the tone for your internal environs.
Building an online community for your brand
The advent of social media has provided brands and businesses with a new way of communicating with their customers and loyal patrons. If before, the way of reaching out to them is through telemarketing and e-mails, engagement with them is taken to a different level with the growth of online communities. Having an online community is not as simple as talking to an audience. There is a dynamic exchange of ideas and opinions that allows customers to be more involved in the brand.
Hiking towards business success
There are many parallelisms to the entrepreneurial journey, and we can draw lessons from various activities which we can apply to the business space. We don’t have to look far because the great outdoors is a rich resource of business insights. Bringing your venture to success is like hiking uphill to the peak. While climbing a mountain sounds exciting, it is full of challenges and risks, although the results can be extremely rewarding.
Understanding Generation Z for your business
Maximising e-commerce for your businesses
The advancement of technology has brought many businesses and brands to enter a new world where they can market and sell their ideas, products and services more efficiently – the cyberspace. E-commerce has made transactions faster, safer and convenient for both sellers or service providers and customers, breaking boundaries and timezones as it is on a global scale.
What businesses can look forward to unfolding in 2019
The beginning of the year marks a time when people are hopeful of how the rest of the year will unfold. We may never predict what will happen next. But patterns in recent events can indicate various possibilities that the immediate future may bring. The present economic landscape can shape one’s business outlook, which is helpful to goal-setting and short-term planning.
A guide to making New Year’s resolutions for entrepreneurs
With the changing of the calendar and another year approaches, we start putting together our New Year’s resolutions, hoping for another beginning that can help us become better than the previous years. Others may not subscribe to the idea of New Year’s resolutions, but in business, there is a parallel mindset which is more related with goal-setting.
How busy entrepreneurs can stay healthy
Holiday feasts for your dining table (and your business)
Best cities for business travel
Progress is taking place simultaneously in various parts of the world, and more and more places are growing at an accelerated rate. With all the modernisation and development in cities, many of them become great destinations for business travel. Business trips demand a lot of needs. Whether you travel for meetings, conferences, events, exploration, professional development, networking, company visits, attending EO activities, or incentives, it is important to pick the right place for such important transactions.
Disruptive innovation 101 for business owners
The term “disruption” or “disruptive innovation” is something you would hear at times in the business world. The adventurous are attracted to it, while the cautious may try to avoid it. There are those who created disruptive innovation without them foreseeing that their idea, product or service would create a disruption to the status quo. But what is disruptive innovation?
Forming and keeping the right team for your business
Having the best team for your company is one of the major factors of success that enables you to achieve your business goals. On the other hand, the opposite of this, such as getting the wrong people on your team, has always been cited as one of the biggest challenges and disappointments of business owners. In short, the right set of people plays an important role in bringing your venture to its peak.
Common mistakes entrepreneurs commit at startup
Many people believe that for them to learn the ropes of running a business they have to make several mistakes. Moreover, there are those who subscribe to the idea that they have to commit the mistakes themselves. It is true that experience can make you remember the lessons more as compared to simply reading them from books. However, although one can learn from such situations, a mistake can be avoided by leveraging on the experience of others who have done it before. Such is the beauty of EO.