Pages Menu
TwitterRssFacebook
Categories Menu

Posted by on Sep 27, 2017 in Featured, Management | 0 comments

Growing Pains Most Ecommerce Businesses Experience

Growing Pains Most Ecommerce Businesses Experience

Despite its unprecedented growth, online retail still makes a relatively small portion of overall purchasing that people do. In other words, ecommerce has no other option but grow even more. And it is growing. New online stores are popping up everywhere you turn. Unfortunately for a large number of new ecommerce SMB owners, it turns out to be much more difficult than they thought. Most of them experience at least some of the growing pains that we will be talking about today and it is important to know about them. 1. The Boring Stuff Is Important If we were to be truly simplistic, running an ecommerce business involves two sides of the coin. On one, you have the exciting stuff such as coming out with new products, marketing them, battling competition and watching the money pour in. On the other, you have the boring background stuff such as legal, shipping, returns and website maintenance. As it turns out, this technical, infrastructure aspect of running an ecommerce store is equally...

Read More

Posted by on May 1, 2017 in Featured, Tips | 0 comments

Many Challenges of Running a Web Design Agency

Many Challenges of Running a Web Design Agency

Running a web design agency can be one of the most beautiful jobs in the world. You are surrounded by creative people who are constantly coming up with ways to make the web a better place and to change the world for the better. It is also a competitive field and you never get bored. Unfortunately, this lack of boredom is often caused by an almost unreal avalanche of challenges that you need to deal with as an owner of a web design agency. Knowing about them beforehand should give you some time to prepare and deal with them more efficiently once they come knocking at your door. Web Builders and Platforms Perhaps the biggest challenge for people who run web design agencies are various web builders and platforms where anyone can get a half-decent website without knowing the first thing about coding or design. These services are built upon templates that can be bought and personalized enough for the majority of people to believe these are custom-made websites....

Read More

Posted by on Mar 23, 2017 in Finance | 0 comments

Small Things that Can Save your Small Business Money

Small Things that Can Save your Small Business Money

A big part of running a small business, especially in its infancy, is finding enough money to get the whole thing rolling and growing. Often times, SMB owners need to find new ways to survive before they can get into the black and stay there. Now, we all know that in order to save money, you have to do a few big picture things such as having a sound business plan and a well-though out budget; not wasting money on ineffective marketing techniques and hiring the right people. However, what about the little things? How about those seemingly insignificant savings that build up and provide you with much needed surplus by the end of the quarter? Today’s article is all about those little things. 1. Embrace Telecommuting Sure, telecommuting is famed for being a great employee engagement booster, but can it really save your small business money? It sounds a bit far-fetched, right? How much water or electricity can one employee use when they are in the office? In...

Read More

Posted by on Sep 26, 2016 in Featured, Finance | 0 comments

4 Hidden Costs of Running a Small Business

4 Hidden Costs of Running a Small Business

Running a small business, as you probably already know, is a spectacularly difficult thing to do. It feels like90-hour days would not be enough to get everything done. The same goes for money – everywhere you look, you are hemorrhaging money and it feels nothing can stop the bleeding. And this is just the stuff you expect. Once you become an SMB owner, you soon find out that there are always novel, hidden costs of running a business. These hidden costs are our subject today. I Am Paying My Employees How Much? When many SMB owners think about how much they are paying their employees, they tend to only think in terms of annual salary. In reality, their salary makes only a part of the money you will spend on them. It is still the largest part, but only a part nonetheless. Most experts agree that you actually pay somewhere between 1.25 and 1.4 times their basic pay. Where does this other money go? It goes on taxes, workers’...

Read More