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”
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”
Posted on 10:01 pm in Security & Surveillance.
The WannaCry ransomware virus that in May spread globally to infect hundreds of thousands of computers is being called one of the most disruptive cyberattacks in history. Indeed, ransomware has become a major cybersecurity risk for businesses of all sizes. Customer information, employee and patient personal data, and company financial data all are at risk. … Continue reading “Ransomware Update: What Companies Need to Know”
Posted on 10:00 pm in Franchise News.
Most people are familiar with “burner” cell phones, which are pre-paid phones that are used and then tossed out. The next trend in credit and debit cards may be “burner” or virtual cards that provide consumers with a proxy account number for one-time only use. Industry analysts say burner cards may solve many fraud concerns … Continue reading “Are You Ready to Accept ‘Burner’ Cards?”
Posted on 9:57 pm in Office Technology.
Many companies are beginning to incorporate biophilic design into the architecture and interior design of their offices. Biophilic design integrates natural elements such as plants, wood, stone and water into a setting to satisfy a deep human need for contact with nature.[1] Architects, facilities managers and company executives have recognized that interior design elements can … Continue reading “Bringing Nature into the Office”
Posted on 9:55 pm in Information Technology.
The war for talent is reaching peak pitch. Manpower Group’s 11th annual Talent Shortage Survey noted 40% of employers globally are having difficulty finding skilled workers, the highest level since 2007.[1] The survey found information technology (IT) positions are in very high demand, particularly for developers, programmers, database administrators, big data analysts and IT managers.[2] … Continue reading “Addressing the IT Talent Gap”
Posted on 9:52 pm in Food Service.
Rising labor costs, labor shortages and concerns over quality have motivated both technology companies and food entrepreneurs to get serious about robotics in food service. As automation quickly moves into the restaurant industry, robots are improving quality and production in the kitchen and helping with service at the front of the house. The following are … Continue reading “Robots Take On Restaurants”
Posted on 9:50 pm in Healthcare.
The outlook for home health care services and equipment remains strong, due to demographics and escalating health care costs. The U.S. population is aging and patients prefer to receive home-based care. As health care providers, insurers and consumers continue to struggle to rein in costs, home health care is seen as a viable way to … Continue reading “Home Health Care Continues to Grow”
Posted on 5:19 pm in Small Business.
Losing a customer is never an easy thing to accept, especially if the customer has been profitable or has been doing business with you for a long time. Yet customer defections happen to all businesses. Generally, people choose to buy from a specific supplier because of product, price or service. They also usually leave for … Continue reading “How to Respond When You Lose a Customer”
Posted on 5:09 pm in Information Technology.
The transformation of the workplace through automation may represent the greatest shift in the economy ever seen. While factory workers were the first to see robots change their work processes and eliminate some of their jobs, the impact of automation is now being felt by white collar workers as well. McKinsey Global Institute estimates half … Continue reading “Automation Rewrites Job Descriptions”
