It’s a brand-new year, and a new chance at growth for your business. Curious about what your business should be focusing on this year? We’ve got answers! Below, we’ve outlined four New Year’s resolutions for your business. 1. Update your business plan If you’ve established your company the right way, you’ll have drafted a business plan when you first launched …
Borrowing money is often a necessary part of running a business. It’s important to proceed with caution and understand business borrowing before taking on new debt. Here’s all you need to know about striking a balance when borrowing for your business: What is debt capacity? Debt capacity refers to the amount of money a business can reasonably borrow and pay …
There’s no reason to be afraid of the “big” in big data. Big data refers to large data sets that have the potential to be mined for information. It can include information on everything from the point of sales tracking and inventory management to website analytics and social media engagement. Regardless of the size of your company, you can use …
