Starting a new company is a very exciting journey, and most of us have toyed with the idea more than once. We come up with an interesting business idea, we see that there might be a market for us, and even get a couple of people on board. However, according to the Small Business Administration (SBA), one-fifth…
Every day, we see that more and more companies and businesses are looking for ways to fit commercial drones into their market. A couple of years ago, drones became popular as the new generation or Remote-Control entertainment. However, different companies saw their potential, and soon commercial drones started making headlines. And the trend is set to…
Artificial intelligence is no longer part of the science fiction genre. It is a reality, and a successful industry of its own, too. The debate around machines that think is well alive, with many who argue in its favor, and many others arguing against it. Leaving the sociological and philosophical implications aside, the implications of AI in…
Millennials are lazy, entitled, too confident, and think they are special. At least that’s the stereotype that media has portrayed. This is an assumption that couldn’t be further from the facts. Millennials are actually enthusiastic, optimistic, and more than willing to enter the job market. What drives them, though, more than finding a steady job and…
Running a small business, let alone achieving success, is already a challenge by itself; having to stay on top of every unpredicted situation, solving whatever issues may arise, and being in charge of several people at the same time are all quite demanding duties to take control of. Going through rough times, financially speaking is, however, one of the most common…
During the last couple of years, technology has been changing the insurance industry in many ways. From fitness tracking devices to cyber insurance policies, these changes keep reshaping the way the industry works. More recently, data has been playing an important role, especially when we talk about telematics and car insurance policies. Even when it…
Nowadays, data is one of the most valuable assets companies can have, regardless of their size and industry. Therefore, adopting useful and effective data management practices has become one of the most important priorities for modern organizations. We can greatly benefit from data if we know how to take advantage of it and implement strategies…
Every small business needs to approach promotion and marketing carefully, as the capital for ads and advertisement might be limited at times, maybe even non-existent. Thus, finding cost-effective ways to promote our company and getting our name out there is a priority for every manager or business owner. However, there are many different strategies we…
E-commerce has become an essential tool for small businesses who offer any kind of digital or physical product. Many platforms have been created in order to provide business owners with a wide variety of different features, which means that before we decide on one, we need to do some research. One of the most important…
There are many benefits of responsible waste management that come from small businesses that care about the environment as much as they care about their customers and employees. Even when it is not easy to implement and carry out eco-friendly policies, taking the time to do so won’t be in vain. As a result, we…