If you’re considering starting a new e-commerce business, there are quite a number of things you need to map out—everything from what you will sell to what shipping services you’ll use matters. You shouldn’t ignore the fine details either. When you consider around 20% of small businesses fail in their first year, the stakes can be pretty high. Here are 10 things every new e-commerce business must plan for.
The best time to invest in a company is when it is still considered small. Now, what is considered an actual small-sized company depends on who you ask. Some say a company is small as long as it has a market cap of less than $10 billion, or less than 500 employees, or even before it gets listed on the stock market. All of the examples that you find below are valued at less than $100 a share, with some of them still costing only pennies. Regardless of how much you have to invest right now, you will find some of the companies below to fit into your budget nicely. Here are 10 small-sized companies that are still worth the investment this year.
Since setting up your small business, you’ve probably had to learn a wide variety of new skills and hone your talents in order to run your company successfully. Whether it’s marketing and advertising or e-commerce fulfilment, there’s always something new to try your hand at. There can be many benefits to handling all these tasks in-house, especially if you have the time and you enjoy them, however, in many cases, outsourcing tasks such as these can offer you more advantages when it comes to empowering your business to thrive.
One of the areas in which this is most true is payroll. Even if your business is still small and you only have a few employees, hiring external experts to take care of tasks such as salary payments and pensions can be a very smart decision. Here’s why.
As an entrepreneur, you can’t go wrong with some property investments. Many people manage to create their own property empire, but it’s also a smart way for business owners to store their wealth. Tying your money up in physical assets like property means that it is more secure than in a bank, and it can appreciate in value a lot faster. The trick with property investments is learning the best locations to buy. While this can mean locations within a certain country, it can also mean locations as in different countries/regions.
There are always threats to businesses that owners need to be aware of, but obviously, the landscape has changed greatly due to COVID-19. The pandemic in itself remains an enormous threat to businesses and has also created a range of other potential threats, so business owners need to be aware of the key threats in 2021 and how they can be managed. When you know the threats and how to protect your business, it will hopefully help you navigate this challenging period and give you and your team confidence in the operation each day. So, what are the biggest threats facing businesses right now?
These days freelancers and small companies use various online tools to improve their business capabilities, from social media platforms for marketing purposes to sites such as Indy Invoices to optimize their payment options.
Similarly, around the globe, businesses and individuals rely on video conferencing apps more than ever for collaboration and communicating with a remote workforce, so it’s crucial that you know what each app offers and how it could work for you. Let’s take a closer look at four of the best apps available.
Baby Boomers and Generation X are currently the largest wine consumer group. However, this is set to change in a few years’ time, with Millennials being projected to become the largest group of wine drinkers.
The average wine consumer will change drastically in the next few years. Most Baby Boomers are hitting retirement, and they are being replaced by a large number of financially disadvantaged retirees. Although this trade-off is not good, it doesn’t mean wineries will suffer. It implies that marketing tactics will need to evolve as well.
Experiencing a road accident can be a traumatic situation, especially for the one who experienced it. In most cases injured is eligible to claim for compensation, but lack of awareness sets you back. Therefore, we have created this post to alert readers to what are different types of road accidents. And how you can look for a claim. So, if you ever meet with an accident and did not claim compensation, read till the end to find your solution:
E-commerce has allowed businesses to target a broader market and boost sales and revenue through digital channels. However, attracting customers to your online store and converting visitors is not always easy. There is strong competition between e-commerce stores, and you must find ways to get your site noticed online. Fortunately, there are countless ways to increase organic traffic, improve conversions, and boost online revenue. Here are four strategies to drive online sales:
The truck driving profession can be challenging, particularly if you’re frequently required to make long journeys. Luckily, many apps can improve your driving experience. Whether it’s route planning, trucking advice, or fuel economy, these apps have got plenty of cool features.
