Big data analytics is a new technology that makes it possible for businesses to collect, process, analyze and store vast amounts of varied data at ultrafast speeds.

Additionally, it can deliver valuable insights that can help improve decision-making, which make it especially useful to consumer finance companies.

There was a time when many employers discouraged or ignored office culture. Most companies today understand that this is a mistake. You need to have a strong and positive culture in your workplace to succeed. There are five reasons good office culture is important in business.

Prevent Destructive Conflicts

Good office culture is important because it will reduce stress and friction between employees at every level. The culture makes everyone feel important and connected. This removes the adversarial atmosphere in some companies.

The introduction of new technology into a business presents a unique set of challenges—both for the management team and for the individual employees who are required to use this technology. This challenge is increased by the fact that the majority of managers and business owners might know how to use new technology, but may not be proficient in training others. The following are some ways that business owners and managers can make the transition to new technology easier for their business in the coming year.

If your company is looking for a new CEO, your first thought might be to seek the services of a headhunter.

Finding a qualified executive in your industry that is unhappy with their current employer is usually the first step in the trick to luring an existing CEO into your organization.

When you run a small business, you're in charge of everything - the marketing, the advertising, the product development, the sales, the hiring and firing, the paperwork and the accounting procedures.

If you can streamline a few of these processes, your business will not only run more efficiently but you'll also be able to focus your time and energy in places that matter, such as building relationships with your customers.

Regardless of how interesting your start up idea might be, the  reality is that there is no one sitting cash in hand and happy to throw money at you. You need to devoutly source for the right amount of capital needed to make your dreams a reality. We take a look at some of the modern ways to raise the funds you need.

Small businesses have a failure rate of nearly 80 percent - with reasons ranging from the economy changing to ineffective marketing strategies to high costs associated with running the business.

Simply put, if you run out of money, it's going to extremely tough to keep your business up and running.

Most business owners are constantly bombarded with messages about how important data is. With our technology today, data has helped countless entities learn more about their consumers, make decisions and improvements, and change their strategies accordingly. However, even if you’ve been diligent in gathering data, you might realize that your information just looks like a bunch of facts and figures strung out all over the place. What does all this data mean anyway? More importantly, how will all this data help you to do business better? Every day, business owners with piles of data suffer with this same problem. They have amassed tons of data, but have no real clue what it means. Here are four ways to help you make sense of your company's collection of data so it can help you improve how you do business.

Without satisfied customers and employees committed to providing excellent customer service, profitability will suffer in the long run. Many businesses struggle to create a culture of customer service because they neglect to make their employees feel like a valuable part of the team. There are a few steps that any business can take today to transform their company culture to one of customer-centric service.

When it comes to promoting your business, don't underestimate the power of the text message.

A growing number of businesses are turning to texting to get the word out about their brands and your business should do the same.

If you're looking to improve your customer outreach, here are just a few ways texting can help: