The Story of Bank Lending and Small Businesses

Through the ages, people have borrowed money from lenders to fund businesses of all scales, from the smallest businesses to multi-national enterprises. It has been and continues to be an important part of the engine that keeps capitalism running. In this piece, we’ll explore the evolution of this age-long practice and evaluate the difference it makes for entrepreneurs today.

Evolution of lending

A Guide to Hiring Your First Employee

There’s something special about that moment when you’re ready to hire your first employee. That means that the business has become something more than your personal endeavor. It has become sustainable enough to need and be able to support someone else. From that point on the company is going to be only as good as the employees you choose are.

Choosing the right person shouldn’t be taken lightly. You need to think about what the person will bring to the job and how will they fit into the culture and the purpose of your company.

First Impression Insight: 3 Tips For Improving Customers' First Impression Of Your Business

Any business owner knows that their customers' first impression of their business is key to their continued success. With so much revenue coming from return customers, you must impress those who see your business for the first time. With so many new forms of marketing being implemented each year, it is important to stay on the latest trends and move forward with the times. Here are three tips that can greatly improve your customer's first impression of your business.

Tips to Get Your Slumping Business Back on Track

A business going into a slump in today’s market is all too common. The US Bureau of Labor Statistics gives new businesses an approximately 50/50 shot of making it past the five-year mark. Since 50% do make it, that means it is possible to turn things around. So, what can you do to get your slumping business back on track?

Competitive Companies: Top Ways Your Business Can Improve Your Strategic Game Plan

Regardless of whether you're in the planning stages or have been in operation for some time, how you choose to strategize your growth and longevity can play a vital role in your success. You can build your business model and capture a higher market segment from competitors with any or all of the following strategies.

Ensure High Quality

The Importance of Empathy in Business

Empathy is important in all parts of life, but in the business world, it can get lost with all the focus on products, profits, and the bottom line. But encouraging empathy in your employees can improve customer service. Using empathy to guide policy for employees and for product and service development improves your company culture and helps you build a company that people feel good supporting. Below are some ways to incorporate empathy into your daily business practices and overall customer experience.

Safety Coaching Tips to Protect Your Startup

Just under three million nonfatal workplace injuries were reported by private industry employers in 2015, according to the Bureau of Labor Statistics. Compensation for nonfatal injuries costs employers $62 billion a year, amounting to over a billion dollars a week. Last December, employers paid $34.90 in compensation costs per hour worked on average, the BLS estimated. If you’re a startup, you can't afford the cost of an expensive injury compensation claim. Here are some safety coaching tips to help protect your startup from workplace injury and compensation costs.

12 Creative Social Media Visuals You Might Want to Use this Children's Day

Every year brands around the world celebrate the Children’s Day by connecting with fans on social media via stunning visuals. Now that creativity has become essential for social media success, you will need to come up with exceptional ideas to stand out.

Office Decor Ideas That Won’t Break Your Budget

Office décor is important, but not only for the sake of the looks. Many studies have shown that a well-decorate office can increase productivity of people working there. Enough light, soothing colours and comfortable furniture will only contribute to the employee’s psychological stability which only brings positive results in many aspects. That is why you should opt for having a well-decorated office, but there are tricks to achieve it without breaking your budget.

How to Increase Your Business Profit by Being More Efficient

No business owner goes into the business hoping they'll fail. Though success is the goal, a high number of businesses fail due to a variety of reasons. One of the reasons boils down to inefficiency. This is unfortunate because the reason can be remedied with a few steps. If your company is in need of more efficiency to increase profit, implement these four ideas.

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