Blog

July 13, 2017 Biometric Applications Take Off

Posted on 7:47 pm in Security & Surveillance.

Ever since fingerprint identification capabilities were added to the Apple iPhone in 2013, biometrics has been heralded as the next secure and convenient method of identification and authentication.[1] While smartphones aren’t the only devices adding biometric authentication, they are indicative of how ubiquitous biometrics has become. Biometrics is moving from limited use in high security … Continue reading “Biometric Applications Take Off”

Making Omnichannel Work for Your Business

Posted on 7:46 pm in Franchise News.

Retail stores have been suffering declining sales over the past two years, resulting in numerous bankruptcies and hundreds of store closing across the country.[1] Meanwhile, online sales are booming: The Harvard Business Review reported ecommerce sales increased 23% in 2015.[2] The financial stakes are high for traditional retailers, and rather than giving up, many are … Continue reading “Making Omnichannel Work for Your Business”

Evaluating Your Employees

Posted on 7:44 pm in Small Business.

Employee performance evaluations are an important part of managing your business. While few managers and probably even fewer employees look forward to these reviews, they can be very useful tools. The performance evaluation process can force managers to objectively look at the employee’s capabilities, and provide guidance to help the employee improve. Reviews can be … Continue reading “Evaluating Your Employees”

Monitoring Your Competitors

Posted on 7:43 pm in Small Business.

In business, competitors should be viewed as more than the “enemy.” They are critical people to know and understand and can: Help you better understand your current and future markets Be the source of additional business Be the source of growth through acquisition Potentially provide an exit strategy for you Understanding your markets What is … Continue reading “Monitoring Your Competitors”

Virtual Reality Enhances Training

Posted on 7:32 pm in Office Technology.

Virtual reality (VR) technology is booming, with Goldman Sachs predicting the market for VR software will reach $35 billion by 2025.[1] Notably, Walmart just announced it will use VR headsets to train employees at its 200 training academies across the country.[2] Oil companies have been using VR since 2014 to train oil rig workers on … Continue reading “Virtual Reality Enhances Training”

Setting the Standard for Cloud Security

Posted on 6:30 pm in Information Technology.

Companies are moving to the cloud for computing power, database storage, content delivery and business applications as part of their information technology (IT) outsourcing strategies. The public cloud services market is expected to grow 18% in 2017 to reach $246.8 billion worldwide.[1] Everyday business functions such as email, collaboration and ecommerce, as well as software … Continue reading “Setting the Standard for Cloud Security”

Using Virtual Reality in Health Care Therapies

Posted on 6:28 pm in Healthcare.

Medical professionals and patients are finding various forms of virtual reality therapy (VRT) offer effective and accessible approaches to address a range of conditions and improve patients’ health and well-being. Virtual reality (VR) technology has been around since the 1990s and the popularity of VR in video games has quickly advanced it as a mainstream … Continue reading “Using Virtual Reality in Health Care Therapies”

Connecting Diners to Home Cooks

Posted on 6:25 pm in Food Service.

Umi Kitchen set its sights to become the Uber of home dining. The start-up company’s business strategy was to use a mobile app to connect diners to home cooks to sell homemade meals in their neighborhoods. Yet just four months after gaining start-up funding, Umi Kitchen suspended its New York operations.[1] While Umi Kitchen founders … Continue reading “Connecting Diners to Home Cooks”

June 7, 2017 Generate New Business Through Referrals

Posted on 10:05 pm in Small Business.

A qualified sales lead is like gold. And where does it make sense to pan for your next gold nugget? The stream that gave you your last sale, of course: a current customer. In many businesses, referrals from existing customers are the greatest source of new business. Understanding the referral process and establishing a technique … Continue reading “Generate New Business Through Referrals”

Preparing and Utilizing an Effective Cash Flow Statement

Posted on 10:04 pm in Small Business.

While an income statement can present a true picture of the operating results of your business, understanding what is happening with your cash flow is also critical and can help you with your day-to-day operations. Managing your business without adequate cash flow to meet operating needs and to take advantage of marketplace opportunities can hinder … Continue reading “Preparing and Utilizing an Effective Cash Flow Statement”