The legal structure you choose for your business is one of the most important decisions you will make in the startup process. Each business entity has its own pros and cons, and it's important to sort through it all before settling on one. Your choice can greatly affect the...
Facebook's Workplace has been on the market for a little over a year and has seen rapid adoption by organizations of all sizes around the world. According to Facebook, more than 14,000 companies use Workplace as their internal team collaboration tool. Given people's familiarity with the social media giant, it's no...
Thinking about making a career change, even though you're over 45? You're not alone. Though younger workers have a reputation for job hopping, research from the American Institute for Economic Research shows that workers in the middle of their careers frequently change jobs as well. Why workers make a midlife career change Many workers...
Creating a business is difficult and not for the faint of heart. It requires a lot of work and time. Many entrepreneurs look for a quick fix for a number of problems they'll encounter as business owners. Unfortunately, many times these quick fixes will kill a business before it even gets...
Slack has seriously impacted how many businesses work all day long. Communication is now much more fluid and specific, and there's a way to go back and check on previous conversations using what is essentially a glorified group chat. You can share documents and images, comment in threads to keep conversations...
With every new year, there is an opportunity to take stock, reevaluate, and course-correct when necessary. This is especially true for entrepreneurs, who can use this time to establish smarter practices and keep their business moving in the right direction. These five big-picture best practices are wise implementations for...
Social media, like technology, is everchanging. The industry evolves every day, and it can be difficult for companies to keep up. However, digital marketing is crucial for the ongoing success of businesses. "Social media has undoubtedly become a critical platform for marketers," said E.J. McGowan, vice president and managing director...
Unique businesses The best businesses are started as a means to fill a need. Their inspiration tends to come from facing a problem and realizing that a solution doesn't exist yet, or creating a demand for a service people need but didn't even know they wanted. That's how innovative businesses...
Being active in your industry is critical to success, especially for small businesses. To build lasting relationships with consumers, you need to get more personal than an email or social media connection. "Events provide businesses a personal way to build relationships with their target audiences build brand recognition and...
What if there was a way you could take your business outside the confines of competition and create your own market space? What if you were able to set the pace and create unique products, while also profiting from lucrative new markets? The blue ocean strategy is a business theory...