POST CATEGORY : Management

How Retailers Use Business Intelligence to Turn Data into Dollars

What is Business Intelligence and Why is it Important for Retailers?

Developing business strategy for decision making using BI reports

Business intelligence, also called BI, or analytics, is an umbrella term referring to the numerous tools in place for collecting, analyzing, and presenting business data. Numerous modes of technology, including applications, can be implemented in the capture of this valuable information. With accurate BI, retailers get to see the current state of business operations.

Business intelligence is important for retailers because it offers a new perspective on the big picture. For instance, BI can be used to prevent fraud and stop revenue loss early thanks to verifiable data trends. BI can also help teams make better decisions when it comes to retail purchases and allocations.…

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Choosing Office Chairs: Your Essential Guide (Infographic)

The stakes are high when you’re choosing new chairs for your office. Get this right and you’ll provide your employees with a comfortable, attractive base to work from; get it wrong and you could cause your personnel to experience discomfort and at the same time make a serious style faux pas.

Businesswoman working

To keep you on track during the deliberation process, here’s your essential guide to selecting the right workplace chairs

Know your spending limit – and shop around

If you’re not careful, you could end up overspending on your seating solutions. To prevent this from happening, it pays to set a strict spending limit before you start perusing your options.…

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When is the Right Time for Online Business Owners to Setup a Virtual HQ?

Online business owners often enjoy the flexibility of working from home or on-the-go, but as any company grows, there are certain needs that will arise. In the case of online businesses, needs typically transform with growth.

Running an online business

In this article, we’ll discuss when an online business owner should consider setting up a virtual headquarters. There’s a time and place for everything, and it’s important that online business owners setup a virtual headquarters at the perfect time. After reading this article, you’ll know what a virtual headquarters is, how it can benefit an online business, and when it’s the right time to setup a virtual headquarters.…

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Four Important Rules of Working with Heavy Machinery

Machinery in the workplace can be of massive benefit when used both correctly and safely. Heavy machinery can easily complete several different tasks in a timely and efficient manner, but it can also be capable of causing significant harm and injury if used incorrectly or by somebody who isn’t qualified or trained to do so.

Working with heavy machinery

Every year, the misuse of heavy machinery in the workplace leads to a number of accidents that could have been prevented with the right safety and hazard management strategies. We’ve listed some important workplace safety tips to keep in mind when ensuring machine safety.

1. Use Personal Protective Equipment (PPE)

Often, the use of personal protective equipment can be the difference between a minor and a major injury when working with machinery in the workplace.…

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Tips on Increasing Operational Efficiency for Small Business

Each and every business setting or company needs to enhance its operational efficiency in the best possible ways to survive in this progressively competitive world. And an organization or company not operating its operations effectively, will be out of the race ultimately.

Business operations

Every 24 hours offering you a golden chance to bring improvement in your business operations to beat the competitors and below are some practical tips for increasing operational efficiency of small business or company.

Get Minor Issues Right as Soon as Possible

As a small business owner to an entrepreneur who wants to improve business operations effectively, you should get the minor issues and problems right immediately.…

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4 Health and Safety Tips for Small Construction Companies

Whether you have recently started your small construction company or have been well-established for some time, health and safety should always be a top priority. Not only can overlooking health and safety bring about disastrous consequences for you and your team, it could also get you into a lot of legal trouble, including fines that will quickly take a large chunk out of your profits.

Construction worker

We’ve looked at some of the key health and safety considerations that every small construction company should focus on.

1. Personal Protective Equipment

Whether you are working at height or operating potentially dangerous equipment, investing in the right personal protective equipment (PPE) is a must.…

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How to Treat Driving for Uber Like a Business

Is driving for Uber a small business? It can be. You might not have employees, but you still have overhead, clients and a service to sell – your driving. The vast majority of drivers will operate as a sole proprietorship, but there are a few rideshare drivers that will incorporate or form an LLC.

Uber driver as a business owner

Even if you’re not one of those few drivers that choose to incorporate, you can still treat driving for Uber like a business.

These concepts can be used in many small businesses.

Run Your Operation Like a Business

A lot of one-person businesses operate as a sole proprietorship.…

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4 Ways Your Business Could Benefit from Temporary Buildings

Regardless of industry, businesses often need more physical space to grow, meet client demand, or complete a project. The problem? Acquiring extra room can cost a lot of money, eating into your company profits. In some cases, expansion can be so expensive that it’s not a feasible option, which could inhibit company growth. When this happens, what can you do?

temporary buildings

Many business owners turn to temporary structures. Depending on the company, this could be anything from an additional trailer or a catering van, to a warehouse or an office block. To help you decide if temporary buildings could work for your business, here are the benefits.…

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The Vital Role Service Businesses can Play in Your Company’s Success

We often think of a company in a fairly simplistic way: as a self-sufficient organization. We think of it as a corporation with various departments, like Human Resource Management, Accounting, and Finance, Production, Research and Development (R&D), Purchasing, Marketing, and Selling.

IT consulting service

But, in fact, the world of business is a far more complicated place. Almost every business needs a service business every once in a while, or on an ongoing basis, to keep the show on the road. These support businesses can be broken down into two broad categories: technical services and business services.

Technical Services

A business needs all types of technical services, depending on the nature of the business.…

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Key Findings About Workplace Behavior From The TalentLMS Gamification Survey

A new survey published by a learning management systems company has found the stunning benefits of gamification in the workplace. The report published by TalentLMS was prepared after surveying nearly 400 employees in the age range of 18 to 69 years with a mean age of 36. Here are a few key findings from the survey.

Learning through gamification

Impact of gamification on productivity

One of the primary objectives of using gamification is to improve employee engagement and overall productivity. The TalentLMS study found that an overwhelming 87 percent of surveyed participants believed that gamification has helped them improve productivity at work. This is a near eight percentage points jump up from a similar survey conducted in 2014 when 79% of the participants responded in the affirmative.…

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