Remember networking before LinkedIn? No, me neither. Now, every day, our inboxes are inundated with emails such as “would you like to upgrade to premium?” or “would you like to congratulate Dave on their new position?”.
Business
Conflict is a natural part of business. You’ll always be seeking to make your business as successful as possible and your clients will always fight to get the most for their money. Sometimes, this means you will butt heads over relatively minor issues. Other times, this means you’ll come into conflicts that can hurt both your business and your client.
Growth is something that every business desires, especially when the business starts out as a small business or a startup. It represents the realization of the potential behind one or more excellent ideas. The problem is that as many companies grow, they tend to become less efficient in the ways they function. This leads to waste, which leads to a reduction in profits and a stunted ability to continue growing.
The success or failure of every business is determined by its management’s decisions. Selling new products, opening new markets outsourcing business functions and every other decision affects the bottom line.
The Affordable Care Act, often referred to as “Obamacare,” has enacted major changes for healthcare providers since it was enacted at the start of President Obama’s first term. Perhaps the two biggest changes to the system have been the “individual mandate,” requiring that all Americans maintain health insurance coverage, and the opening of health care exchanges in each state.
SaaS – or Software as a Service – platforms are all the rage. Essentially a business model where software is licensed and distributed from a central location, SaaS companies can now be found in telecoms, human resources, and more. Here are four that are blazing trails right now:
Remittance fees – the charges applied to international monetary transfers – are a pain. Sums of money that have already been earned can take a serious knock when transfer services get their hands on them. Luckily, new app Kwiksy is taking power away from transfer vendors.
Fraud – especially card fraud – is a major blight on societies across the world. With the world economy taking a global hit worth tens of billions, new businesses may be the answer to help boost card protection.
While social media can be a powerful way for businesses to interact with audiences, there are many costly mistakes that can be made in this area. Hardly a week goes by without hearing about a scandal or faux pas made by a company on Twitter, Facebook or Instagram. Many mistakes, of course, never reach the media but they can still harm the bottom line of your business.
If there ever was a storybook group of hackers that helped humanity by getting information from companies illegally and sharing it, they certainly did not exist in the 21st century as a dominating force. Instead, companies that work in the cloud and with data have been constantly hit with malware and cyber attacks by hackers that want money and power.
