Business

Since the late ’80s and early ’90s, outsourcing has become a critical business process and a popular business strategy. Simply put, outsourcing is the practice of hiring a third-party service or expert to handle certain business functions. In the early days of outsourcing, only large-scale corporations were able to enjoy the benefits of this practice, but […]

As your business becomes bigger, you will notice that it will need its own fleet of vehicles to ensure that the operations are smooth. You can use these cars or trucks for transporting goods, deploying services to customers, or even picking up and driving clients. Your corporate vehicles are basically business equipment or investment. And

Surveys show that around half of small businesses do not think they are big enough to be a target for fraud, and yet overall, 47% of companies experienced fraud within the last two years. These resulted in a problematic accumulated financial loss that affected both small businesses and major enterprises. Even more worrisome, few businesses

The coronavirus pandemic has wreaked havoc on thousands of brick-and-mortar businesses, including auto body and repair shops. If you’ve been struggling to recover your shop losses in the past months, we’ve got some good news for you. With a few clever marketing strategies and some changes in customer service, you can rebound and put your

Starting your own business is a challenge. From the planning to daily operations, you will face difficulties and obstacles. Especially because we live in a world with real challenges and threats, we need to stay grounded and realistic. Keeping your business safe is obviously a priority, and it involves a lot of planning and preparation.

Your business will grow, and that is a fact. And as it grows, you will realize that it needs to change some parts to work smoothly and effectively. You will notice that customer demands also get bigger, which will require your operations to upgrade. In this case, you need to restructure your business. Such a

The neighborhood coffee shop. It’s quaint. It’s big enough to accommodate students and remote employees, but it’s also small enough to remain intimate. The owner talked to you the first time you were there. Suddenly, you’re friends, and you talk about bits and pieces of each other’s lives every time you visit. The barista memorizes

Telmex mogul Carlos Slim retrenched 40% of his workforce because of automation. Apple’s iPhone manufacturer, Foxconn, is using Foxbots. It also plans to replace 30% of its workers with robots. Last year’s World Economic Forum focused on quantum computing, which will design and manufacture pharmaceuticals and chemicals using artificial intelligence (AI). The forum also threshed

The pros and cons of working from home are likely familiar to most of us by now. As the impact of the pandemic has spread and carried on for longer than most people expected, companies are coming to embrace remote work as part of their long-term plans. Meanwhile, the students of today are preparing themselves

The continuous development of laser-engraving machines has inspired many people to turn their hobby into a profitable business. But just like any other business, there are a lot of factors you have to consider before shelling out an investment, including the mistakes that you must avoid before starting such an enterprise: 1. Failure to make a