When it all boils down, there are two types of industries: those that have been reshaped by digital technology, and those that will soon follow. In our world’s current business climate, the turn to the digital world is unavoidable. Businesses are now being run entirely online, and as we’ve seen with the recent announcements about the ABC Shop closures, physical retail is rapidly being replaced by an online presence. But,
Anyone engaged with business on any level can see how the world is already changing. Just a few years ago, the idea of transactions being made on iPads and tablets seemed impossible, but as technology has changed, the business world has adapted to keep up. Now, with consumer intelligence and awareness at an all time high and technology continuing its rapid developments, businesses need to start preparing for what their
If you have a new idea for a startup, it’s likely you’ll want to get started on your new venture right away, but rushing into it could do your idea more harm than good in the long run. One of the most important aspects of a startup is the people you start with, and deciding who to work with in the beginning can really make or break your fledgling business.
No one wants to go grey early, but if you have an entrepreneurial spirit and are in the throes of developing a new business, it’s likely your stress levels have increased. It’s entirely understandable, as starting a business can rank up there with moving house and divorce as some of the most stressful experiences we can undertake in our lives. But there are ways you can combat the stress, take
Admitting that it is time to let go is never easy, but if you are talking about saying goodbye to your dying business, it’s likely you have a lot of time and money invested, so your farewells might be even harder. If you think your business might be set for demise, it is important to take notice early, so you can either try and reverse the damage or prepare to
Whilst there is no shame in being a workaholic, spending such long hours at work can sometimes mean sacrificing other parts of your life. You might not feel guilty about missing out on certain social occasions or having to skip your hobbies whilst you work late one night, but you should never compromise on your health just to reach a deadline. In the end, maintaining a healthy lifestyle will keep
When starting out a new business, it’s likely that you are going to incur a number of costs you might not have anticipated. Hidden fees for things you didn’t know you need continue to pop up, and if you don’t go in with a plan, you could find yourself up to your ears in debt in no time at all. But, depending on your business, there are ways you can
Since the advent world wide web beginning in the early 1990’s, the internet has become ubiquitous in our everyday lives. Thanks to rapid and relentless advances in digital communications technology, the average person now carries around in their pocket smartphones whose computing power rivals that of the 1960’s and 70’s supercomputers which NASA used to launch man onto the moon. Yet the internet still remains a device-dependent technology, and whilst