November, 2020

In the startup ecosystem, one of my favorite participants is the business accelerator. Accelerators run by academic institutes, local governments, trade bodies, as well private organizations promise to accelerate a startup's business growth and success. Some are run as not for profits, while others are run with the intent of riding the startup-valuation gravy train.

On the whole, some business accelerators do a kick-ass job, while others merely spout platitudes and push paper.

The internet is an incredible force in our society for many reasons, but one of the major changes has been in the way consumers shop. While traditional brick-and-mortar stores still have a place in the market, there is no denying that online retail is the dominant force. Consumers anticipate being able to research, compare, and buy products without leaving their sofa, and in many ways, this has opened the playing field to enable smaller businesses to compete with market leaders. With the right digital marketing strategy, website design, pricing, and customer service, even the smallest ecommerce business can carve out a slice of the market.

That is not to say, however, that running a successful retail business is easy, as it requires a high level of digital marketing experience, creativity, and resilience, and there are plenty of potential pitfalls and obstacles to overcome. If you are considering launching an online retail business, there are five tips to keep in mind.

This year has been a whirlwind of adapting to the unknown and changing the way we work for both business leaders and their employees. Despite uncertainty surrounding the future, many leaders are planning the future of their workplace. 

Many questions are being raised during this planning – including working arrangements, pitfalls in the old way of the office and even evaluating business productivity. 

With the pandemic affecting all business industries, more and more companies are shifting towards remote work. Besides keeping employees in a safe environment, there are many other reasons why remote work beats the office every time!