Doing Whatever it Takes can be a Bad Thing

Business failure is not the direct result of a few behemoth mistakes made without warning or insight but rather the culmination of mismanaged business practices and bad decisions made overtime. That is not to say that all successful companies made every decision correctly. In fact, often they made many wrong decisions along the way, costing them valuable time and money. However, in the end they eventually made the right decisions, which led them to the success they enjoy today.

Business Forecast 2020, How Digital Risk is the Way Forward, An Infographic

In this infographic, Needa, a place to go for buying business related products, have covered the top 10 strategic technology trends predicted for 2015, the advancements in digital since 2013 to date ( for example did you know that 650 million physical objects have come online since 2013), predictions for the future of digital business and a forecast for 2020 of what is predicted and how business will respond.

Keep It Simple for Your Customers

Although you may know your business like the back of your hand, your customers probably don't.

Because of this, it's important to keep your sales pitches and technical information as simple and straightforward as possible.

Benefits Of Starting A Home-Based Business

It’s never been easier to start a home-based business than it is nowadays. Just like any kind of business it has its own benefits and disadvantages and you are aware of this. Yet, since you have already decided this is what you want to do, then - stick to it. We will make your life easier by highlighting 6 benefits of starting business at home, so you at least know what to expect.

Are Your Employees on Time?

What keeps you up at night as a small business owner?

Some running companies may point to the current economy. Others might zero in on how expensive it can be to run a small business. Still others could focus in on finding the best talent at the best price.

Yes, talent.

Big Data & Retailers

A 2012 Gartner report predicts that data will grow 800 percent over the next five years and 80 percent of the data will be unstructured.

Savvy retailers are harnessing the power of big data by combining data from a number of sources such as web browsing patterns, social media and industry forecasts. They are using big data to predict trends, prepare for demand, optimize pricing, and ultimately to improve each customer's experience to increase acquisition and retention rates.

Supermarkets are combining their loyalty card data with social media information to detect and leverage changing buying patterns. While customers are getting timely offers and deals that match their needs.

Learn more from the infographic below, put together by Colourfast Printing

Hottest Holiday Sales Trends

Holiday sales represents 20-40% of annual revenue for retailers. Stitch Labs, a leader in inventory management and multichannel selling, released data for the Black Friday weekend, detailing consumer shopping trends for small businesses.

Take a look at the infographic and get insight into what activity you may see this year.

Business Law: Everything New Entrepreneurs Should Know

The ups and downs of starting a new business can be both exciting and challenging. Most entrepreneurs are experts in their fields, but aren't specialists in the business of building a business. One of the essential steps for any new entrepreneur is to get familiar with the following areas of small business law. So whether you go on to get a LLM degree online, or just review the tips here, you should know what you’re getting into first off.

What does a rookie need to know before a business event?

Sooner or later every business has an opportunity to attend a business conference, even or a trade show. No matter what the occasion is, business owner have to be aware that preparing for such events can be quite strenuous and time-consuming. You know that everyone is going to show the best they have and that puts certain pressure on the participants. You can probably remember some booths and businesses that looked really sad at a trade show, so that is something all of us would like to avoid in our careers.

How to Close More Deals

You’ve come up with a great business idea. You know that you have a product or service that you can sell to countless potential customers. You set up the business and you are ready to sell. So, how can you be sure that you will be able to close the deals?

Successful sales professionals know that the only way to succeed is to know how to sell. You must always be prepared with a genuine sales pitch. You must know how to deliver that pitch, and when, to make sure to close the deal. Do not let the fear of rejection stop you -- ever. You will face rejection, but having the guts to see that the word “no” simply means next opportunity, means that you are ready to close the deal.

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