Are you looking to reduce costs, increase productivity, automate processes and boost team morale? Turns out that many organizations have been searching for this unicorn of a solution, and many have found it by embracing workforce management (WFM). Workforce management is a set of strategies designed to allocate resources, improve efficiency, forecast workloads and manage …
Time theft might sound like something straight out of a blockbuster science fiction movie but, the reality is, it’s a lot more sublunary and common than it sounds. And for many small businesses or franchise, the financial costs of employee time theft can be far greater than what you might initially think. In this article …
Project cost management is a crucial component of launching or starting any new project. Without managing the costs, you run the risk of going over budget and having the project fail before it even gets off the ground. In this article, we discuss what project cost management is and how you can best achieve the …
Chances are we all have specific career aspirations or goals. Maybe you hope to land a management position one day in future. Or perhaps you’d like to change industries or work at a startup or Fortune 500 company. No matter what you have in mind, a career development plan can come in handy. You can …
In this continuation part of this article, we will dive deep into the benefits of using online payment solutions for your ecommerce business or online business and we are sure this article will go a long way in helping you understand how they work. As Payment service providers generally offer immediate account approval, merchants can …
In our previous article post, we wrote on useful tips on how to start and maintain a business franchise successfully for our prospective business owners. Here’s another benefiting article on knowing the best online payment solutions for business owners and how to choose the right one. Stay tuned and enjoy reading the article. Online payment …
The shortage or scarcity of the naira notes in recent times impaired the Nigerian economy, the United Nations has disclosed. It stated that the informal sector felt the brunt of the scarcity the most. It noted that the continuing decline of oil production is set to impact the country’s finances in 2023. The United Nations …
11. Scale Your Business To scale your business, you need to grow your customer base and revenue. This can be done by expanding your marketing efforts, improving your product or service, collaborating with other creators or adding new products or services that complement what you already offer. Think about ways you can automate or outsource …
8. Apply for Business Insurance An insurance agent can help determine and maintain what coverages are suitable for your business and find policies from insurers that offer the best rates. An independent insurance agent represents several different insurers, so they can shop around for the best rates and coverage options. Basic Types of Business Insurance …
7. Fund Your Business There are many different ways to fund your business—some require considerable effort, while others are easier to obtain. Two categories of funding exist: internal and external. Internal funding includes: If you finance the business with your own funds or with credit cards, you have to pay the debt on the credit …