If you’re a business owner, entrepreneur, or just invested in your professional growth, there are many ways to become better at what you do. While you don’t always need to have a degree or specific training in business, there are some simple ways to learn more about your industry or entrepreneurship in general by pursuing business education. How to Pursue Business Education Pursuing business education and professional development…
The Great Resignation has taken on many forms as it’s shown no sign of slowing down going from 2021 to 2022. Highfalutin’ workers have used the shake-up to job hop and underpaid employees have stopped showing up to sub-par jobs. Everyone is on the move looking for new, better, more satisfying employment. None of these trends seems at all related to corporate giving practices…right? Not so fast. Our…
During the pandemic, companies of all sizes embraced digital transformation rapidly and readily. As a result, artificial intelligence (AI) skyrocketed as one of the most viable business tools embraced by leadership. In fact, a full 86% of participants in a 2021 PricewaterhouseCoopers study called AI a “mainstream” tech stack asset. So…is it time to include AI in your business yet? At this point, there’s little argument about AI’s…
It’s never been easier to start investing in the stock market. This is thanks in large part to the growing popularity of finance and online stock apps. These apps are ideal for young investors looking to take charge of their own portfolios without the hassle of working with a human broker. There are countless perks to using an investment app. Apps eliminate many of the barriers that typically…
Individuals use Instagram to share their photos, videos, and experiences daily. Additionally, Instagram is fantastic for small business development. Here are some tools you can use to connect with (and convert) your ideal customers. Insight into Tools for Developing Your Business on Instagram The more your company grows, the more tools you will need to help you achieve your objectives. Each tool has its own set of advantages,…
Marketing is an ever-evolving field. Certainly, in the past, there was a certain level of predictability to how marketing worked. However, as technology has continued to advance, it has increased the cadence of change. As a result, our collective need for marketing strategy books has never been more pronounced. This can make it challenging for marketers to keep up with the trends. Likewise, in a data-driven world, that…
What’s the lifetime value of a customer? It’s tempting to think about this question only in terms of how many sales a customer generates. But there’s more to a customer’s business value than that. A loyal long-term customer also means you can afford to acquire fewer new customers and spend less on marketing, for example. That’s why it’s important to understand your customer’s true lifetime value — so…
Deploying a large-scale software solution for a business used to be a huge internal undertaking. It had the potential to soak up a countless amount of manpower, money, and other resources. Now, thanks to the power of third-party SaaS (software as a service) solutions, businesses of all shapes and sizes have been able to access the software they need at a fraction of the cost. Everything from application…
The employee turnover rate of your business is more than just a single number. High employee turnover brings with it a multitude of additional costs. Not only does your unemployment tax rate increase, but you have job advertising expenses, training costs, and overworked remaining employees. Turnover rates are an indication of a company’s stability and overall workplace satisfaction. The general approach to preventing turnover is, of course, to…
Employees may be working hard but they’re still devoted to finding time for professional development. If their current employers won’t help them carve out opportunities for self-improvement, they’re willing to jump ship to new employers that reliably support employee growth. This desire for personal and career growth is shared by workers across all industries. However, it’s especially prevalent among those in tech fields. According to HR Dive research,…
