Enterprises have been managing risks for as long as they have existed. It is a natural part of doing business as one can decrease the likelihood but never totally prevent some disasters from happening. The name for this strategy is called enterprise risk management or ERM. It is primarily…

With a bright idea and a mountain of ambition, starting a business from your bedroom may be easier than ever. Since most American entrepreneurs start their business from home, there might be more than a few compelling reasons to pick up your idea and run with it, virtually speaking.…

E-commerce is a booming industry. With a sales prediction to touch 4.5 trillion dollars in 2021 globally, it is one rising star. If your start-up is part of this futuristic economy, you are already on the right track. But here's a word of caution. The internet business sure is…

We all know that knowledge is power. That is, with the rise of the newest technology, data became the essential resource companies can have. Gaining insights through data science methods is extremely valuable for all businesses. Data science uses algorithms, scientific methods, and systems to take out information from…

Appearances are everything and when it comes to your business, it’s important to look the part in every way you present yourself to the public. Whether it’s online via your social media channels or in-person within your office and at work events.  There are lots of areas in your…

The cost of living has hiked up to an unbelievable level in the past few years. Many people are struggling to make both ends and are finding it hard managing their expenses. The global economy has taken a drastic hit, and a lot of people are losing jobs. On…

When you have a distributed team, building the team-based culture you’re used to in the office may seem challenging. There are no more lunchtime gaming breaks, bean-bag chair brainstorming sessions, or afternoon walks to the coffee shop while mulling over your next client-acquisition strategy. Even though there doesn’t feel…

An e-commerce business is potentially an extremely lucrative business idea. Due to the global pandemic, the years-long shift from physical retail stores to online shopping has sharply accelerated, and online retail is booming. The e-commerce field is attractive to many entrepreneurs; however no business is easy to run without…

Thanks to the wave of new and innovative entrepreneurs daring to take the steps necessary to achieve their career goals, small businesses are growing in numbers. If one thinks small businesses are more straight forward to manage than medium or large scale organizations, they're wrong. Operating a small business…

You’re probably pretty proud of the fact that you made the jump from not being at all involved in the world e-commerce to selling on Amazon. And, in honesty, you should. Amazon is, without question, one of the most influential e-commerce platforms on the planet, and it has such…