:: 8 Ways for Your Small
Business to Get Paid Faster
You built a stellar reputation for your business.
You sold your heart out bringing in a new client. You gave
that client your best work. And months later, you are still
waiting to see the money in the bank.
And waiting. And waiting.
:: What the Internet of Thing Means for
The Internet of Things includes, among many other
items, sensors for monitoring business and home security.
How IoT Can Help Small Business Compete
Here are two examples of small businesses that have figured
out to compete against Goliath by finding low-cost ways
to incorporate IoT into their operations:
:: What Makes Texas The
Most Small Business-Friendly State, And Rhode Island The Least
For the fourth year running, California and Rhode
Island earned an F in a massive survey of small business
owners rating state and local governments’ friendliness
to small business. At the other end of the spectrum, also
for the fourth year in a row, Texas and Utah earned an A+
What matters to small business owners? Nearly 18,000 entrepreneurs
surveyed by Thumbtack.com said: Chamber of Commerce-style
training and networking; regulatory and licensing simplicity,
helpful government websites to cut red tape, and taxes.
:: 5 Tips for Selling Over Seas
Across the U.S., U.K., Germany, Brazil, China,
and Australia, international ecommerce is predicted to triple
by 2018, reaching $307 billion. The number of international
shoppers will grow to 130 million, with 72 million of them
using mobile devices to make cross-border purchases. Buying
foreign goods online today is so easy that you no longer
need to wait to take a vacation to purchase international
Small business owners who want to participate in this massive
global market can do several things now to start growing
their sales across borders.
:: How and Why Small Businesses
Must Adapt to Social Media
Among the countless factors a small business owner
must consider when running his or her business, social media
is quickly becoming one of the most important.
:: Stages of a Small Business
As a small business develops, it moves through
five growth stages, each with its own distinctive characteristics.
Small businesses vary widely in size, industry focus, management
styles and capacity for growth.
While each enterprise is unique in many ways, all experience
common problems arising at similar stages in their development.
For owners, understanding what can be expected in each stage
of development will aid in assessing challenges and smooth
the transition for business growth.
:: 20 best apps for small-business
Between handling customer complaints, keeping track
of employee work schedules and monitoring expenses, running
a small business is hard work. If you’re looking to increase
productivity and organization — or just make your life
as an entrepreneur a little easier — a good app might
be just what you need.
To help you navigate the seemingly endless sea of apps out
there, we’ve compiled a list of our favorites. These 20
apps can help you stay organized and on top of your small-business
:: Why Is It So Hard To Serve Small Business?
Blame The 90% Challenge
There is a convenient narrative about small business
that we have all heard a million times. Small
business represents a huge, underserved, and highly lucrative
market for finance-oriented entrepreneurs and large organizations
alike. The prevailing wisdom is that these businesses run
on Intuits QuickBooks, which enables them to have organized,
accurate, and timely financial information at their fingertips.
By all accounts, the small business market should be an
easy one to serve. Unfortunately, this is not the case.
Organizations big and small have struggled to serve the
small business market in an efficient and effective matter,
and it is all due to what we call the 90% challenge.
:: 6 Lies They Teach in
Connections. Community. Mentorship. Immersion in
management theory, market strategy and financial forecasting.
A big, fat résumé boost.
The benefits of getting a business degree are multifold.
But as many MBAs and their undergrad counterparts can attest,
so are the falsehoods imparted.
:: 5 Ways The Cloud Can Transform Your
Cloud-based services such as Spotify and OneDrive
have irrevocably changed the way we consume, store and share
content in our personal lives.
Similarly, many large organizations have become well accustomed
to the cloud, having years ago turned to hosted storage
and remote disaster recovery to boost productivity, reduce
costs and preserve business continuity.
:: 5 Wearables to Get You
Going at Work
Does your back hurt from slouching over your keyboard
all day? Having trouble focusing after lunchtime? Do you
remember that great idea you had the other day? Whatever
is holding you back from doing your best work, there is
probably a wearable claiming to solve the problem.
:: 100 Brilliant Companies
If there is one clear trend that has emerged as
we compiled the 2015 Brilliant 100, it is that everyone—especially
young adults—wants to keep tabs on everything.
:: Small-Business Owners
Reveal Their Biggest Mistakes
From struggling with a business plan to hiring
the wrong talent, there are a lot of opportunities for small-business
owners to make mistakes, especially when starting out.
:: Cybersecurity Best Practices for Small
With every passing week comes a story about some
technological snafu at big companies—and even in the government.
But small businesses are very vulnerable to cybersecurity
issues, both because they lack the resources of big enterprises
and because their lack of resources means that an attack
can be even more devastating.
Here are some best practices that small businesses can put
into place to make sure that they are secure.