Business

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

Budding entrepreneurs need to think of effective strategies to promote their new brand to consumers. They need to compete with existing brands, so they have to double their efforts to improve brand reputation. Most entrepreneurs will focus on producing high-quality products that will impress potential customers. They also want to ensure that they offer better

Building a prototype is a necessary step in product design. Prototypes are essential to fine-tune your product to perfection and successfully acquire funding to move your project forward. But building a prototype doesn’t come cheap. There’s the cost of hiring a 3D CAD designer to create a digital prototype for you. You’ll need to work

The advent of COVID-19 brought amazing opportunities for the e-commerce sector. Online shopping became the new norm, and small e-commerce shops emerge regularly. Shipping may be delayed due to lockdowns and international travel restrictions, but online shoppers proved unstoppable. If you also run an e-commerce site, this could be the best time for you to

If you’re a small business owner, you’re more likely to rent a warehouse instead of buying one. You’ll need a space that’s efficient enough to accommodate the growing volume of your goods. But considering the scale of your enterprise, there would be no need to account for logistics automation and other things required by mega-corporations.

Putting out money to get money back is a concept that only works if you do it strategically, and when it comes to running a business, certain investments can pay off in the long run. If you’re a budding entrepreneur wondering what prospects you have and should invest in, first consider that you don’t want