Posts Tagged‘entrepreneurship’

Why it is Important to Manage Your Company’s Online Reputation

Source The internet has the ability to turn businesses and individuals into great successes, with the power of SEO, digital marketing and social media, anyone in the world can have their reputation boosted beyond belief, at great speed. Unfortunately, there is a flip side to this and reputations can also be destroyed in a heartbeat through a poor review or a digital attack on an individual. In order to protect or to fix your reputation online, you can contact a firm such as Eric Schiffer Reputation Management Consultants who can restore your online image, and here is why it is so…

Analytical Data is Changing the Way Industries Operate – Here’s Why all Businesses Should Take Advantage of the Stats

In the past businesses had to almost predict what people wanted in an effort to attract people to their products. Nowadays, thanks to the internet and vast amounts of readily available research, those who are seeking to innovate can use big data to find out what their target audience wants. This kind of analytical data has also proven useful in sports for recruiting and tactical decisions. It is, therefore, no surprise that the predictive analytics market is projected to reach $6.5 billion by 2019. Drawing upon analytical data can help companies make important decisions regarding how they push their merchandise.…

4 Items Your EU Customer Has a Right to When Using Your App

The European Union’s General Data Protection Regulation, or GDPR, strengthens and clarifies user rights, going further than the current data protection directive to give internet users in the EU protection when using apps and software. Controllers of personal data will have even more strict rules to comply with and will face penalties for noncompliance with GDPR rules. Here are four items your EU customer has a right to when using your app. The Right to Restrict Processing This right allows for user data to be blocked from further processing. Essentially, the storing of data is allowed in this case, as…

3 Innovative Companies with the Most Creative Breakout Areas

As workplaces continue to evolve, one very popular trend has taken hold of offices around the world: the breakout area. A breakout area isn’t exactly a room, but it is a distinct space open to employees or visitors that is separate from their usual working area. It is a versatile space that can be used for relaxation, eating lunch and having informal meetings. The Health & Safety Executive (HSE) reported that stress-related absence in 2015-16 accounted for 37% of all work related ill health cases and 45% of all working days lost for the same reason. The financial rewards of increased…

What you should know before investing in a new restaurant

Investing in the hospitality industry can be a great way to boost your existing portfolio or kick-start a new career. Yet as with any investment, there’s some degree of risk involved in the ever-evolving restaurant business. Before jumping in, be sure you keep these factors in mind. Know your market New restaurants have an unnervingly high failure rate, but you can get around it by pinning down the target demographic. Who will be visiting the restaurant or franchise? What will they be expecting? Analyse neighbourhood demographics to understand who your customer is and what they need. Education, income, and age…

3 Ways to Streamline Your Service Business

A service business depends on its employees. They are can make or break your operation as they are your representatives on the ground. That means you have to ensure that employees treat your customers right, but at the same time, you don’t want to be too harsh on your employees or non-responsive to customer needs. It’s a balancing act, but one that’s doable with the right combination of management style, software, and listening to what everyone has to say to improve the business. Resist the Urge to Micromanage Employees Image via Flickr by Public Information Office Chances are good that most…

Are You Ready to Start a Business?

Working for a monthly pay check suits many people. They like the security of set hours, a regular income, and zero stress once they leave work. The problem with that approach is that you are only ever a cog in a machine. You have very little say over your future and there will always be a ceiling on your future earnings. There is, however, an alternative. Starting a business is not for everyone. It takes time, effort, money, and a great deal of self-belief. But if you are successful, the rewards are immense. Your income is potentially limitless, so you…