Technology is more than just a tool for improved performance at work. New technological innovations impact our daily lives in ways we may not realize. Company leaders who don’t keep themselves informed on recent technological developments may find themselves left...
Keeping Your Business IRS-Compliant
Business owners may struggle to handle Federal Tax Information (FTI), unaware of the consequences of non-compliance. Any mishandling or mishaps in using, storing, transmitting, or disposing of FTI may result in penalties. It's imperative to comply with all the...
Hybrid Remote Work: A Viable Long-Term System?
A hybrid remote work system splits time between working from home and workplace. As employers reopen workplaces amidst the pandemic, there’s an increasing concern about workers’ safety when they resume working in public offices. Many employees now prefer working for...
Small Business Strategy: What Small Businesses Can Learn from Big Ones
Learning from big companies is a small business strategy that can help improve your startup’s productivity. According to Fortunly, 30.7 million small businesses are operating in the United States, increasing the competition for clients. To keep up with and surpass...
How Predictive Analytics Can Help Shape the Future of Your Business
To understand predictive analytics, you first have to understand what analytics are in general. Analytics are data, measurements, and information that is measured, managed and analyzed in order to understand its patterns or effectiveness. For example, you might track...
5 Easy Ways to Ensure Customer Satisfaction
When it comes to running a business, popular wisdom says that “the customer is always right.” While this may not hold true in every case, the idea behind it endures. The customer may not always right, but their satisfaction is necessary for your success. When...
The Truth About Data Mining For Small Businesses
For many small business owners, the words “big data” can be downright terrifying. But the truth is, you are sitting on a gold mine. Unbeknownst to many small businesses, big data, when mined and analyzed properly, can be a great source used to drive sales and increase...
Using Business Intelligence Intelligently
Business intelligence (BI), when utilized to its fullest potential, is a powerful tool that can turn your business’s raw data into actionable insights. Sadly, many businesses don’t know how to get the bang for the buck out of their business intelligence software...
Big Data has changed Business and Consumer Interaction, or Has it?
We know that technology advancement is never stagnant. It is an ever-changing continuum of bigger, better, and faster ways of doing things. If we let it, (and let’s be real, most of us do!) technology touches virtually every aspect of our lives. And so it stands to...
Dealing with Big Data
Access to public (open) data is easier than ever before, and businesses can certainly use it to their advantage. The downside of this accessibility, however, is the sheer volume of data available. Trying to handle that much information and statistics can be...