How to Avoid Late Payments as a Small Business

For small and big businesses alike, late payments can be the bane of a company. It’s a hassle to chase clients around, hounding after them to please pay up.

Sometimes it’s simply because it slipped their mind. Sometimes it isn’t, but either way there are strategies you can put in place to help avoid them.

Invoice

From invoicing techniques to contingency plans these techniques will help you to get paid on time.

The devil in the details of your invoice

Whether your invoice is digital or paper it needs to be as clear as possible. You want it to be easy to pay, and thus the amount owed and ways to pay should be marked clearly.…

Continue reading

When Should You Consider Using a Virtual Office?

Virtual offices stand out as great options that can be used to offer an extra edge to a business. There is the possibility of getting a professional address in a hub that has a great economic reputation. That is always great and the best thing about it is that you do not have to pay too much for this privilege. We are basically faced with something that seems to be a perfect win-win situation. However, since you are definitely an entrepreneur, it is obvious that you will realize that there are some things that have to be considered since the virtual office is not always the best opportunity available.…

Continue reading

Major Components of Kosher Certification

There are many reasons a company would be interested in gaining Kosher Certification. One of the major ones is the large market for kosher products amongst members of the Jewish faith. A second is there is an increased public perception that slaughter practices under kosher rules are healthier and therefore kosher meat is a better option for consumers in general who are worried about their health.

Kosher certification for restaurants

For these reasons many companies are exploring kosher certification and the process involved with it. For many companies it can involve setting up a separate set of processes either within the same facility or in adjacent premises to ensure that all of the food is prepared in accordance with kosher regulations.…

Continue reading

How to Build Relationships That Will Sustain Your Business

As a small business owner, your customers are your life source. Earning their highly guarded trust depends on your ability to capture and maintain these relationships.

Business relationship

But if you only go after potential buyers, you’re assuming that your prospects live in isolation. In reality, they’re part of an influential web of relationships and often learn about your company well before your initial interaction with them. To win their trust, you have to go to the source.

When current customers and other connections trust your brand and find value in your product, they become vocal supporters. By tapping into a few influential networks, you can prep others to become brand advocates and start selling long before a customer comes knocking.…

Continue reading

Top 5 Online Invoice Generators for Small Business Management

You don’t need to pay for native invoicing apps and software programs for your mobile devices or office PC. There are tons of great online invoice generators out there, that do just as good a job as more complicated paid solutions like Intuit, Freshbooks, Oracle, etc.

Shopify online invoice generator

Most small business owners don’t need complicated accounting solutions and will have an outside private business accountant that takes care of crunching the numbers anyhow. This makes the need for a clean and simple tool for creating and downloading your receivable’s invoices a must for many SMB owners out there.

Here’s a list of the top 5 web-based generators that you can access any time, to make a quick invoice on the fly, from any device and as many times as you like – for free!…

Continue reading

The Modern Office: Dramatically Changing the Way We Work

Your grandfather’s office space resembled that of most working Americans, but today’s office and workday look much different. The modern office appears and functions differently and continues to evolve with technology.

Nomad office in Kuala Lumpur

For example, it would take days for inter-office communication to come to fruition, but today, with emails composed and sent in seconds, communication (with anyone in the world) moves much quicker. What else influences the modern workday and drives the dramatic change?

The Virtual Office

It’s surprising to businesspeople of earlier eras to realize that some of today’s entrepreneurs have businesses but no office buildings, and in some cases their employees live on separate continents.…

Continue reading

Features Every Multichannel Software Should Have

If you’re using more than one online marketplace, you can understand the frustration of having to log into multiple different channels to manage your orders and inventory. Perhaps it’s time to think about investing in a multichannel software. To help you, we’ve compiled this list of features every multichannel software should have.

Multi-channel software

Cloud Based

Having a cloud based software has its major advantages – firstly, you can use it on a Mac or PC, so you don’t have to worry about how compatible it is with your hardware. Secondly, being cloud based means the software is much easier to access and can work on anything with a web browser.…

Continue reading

4 Different Types of Printed Advertising and What they can do for your Business

Printed-media really is a fantastic way to showcase your business. Since the early beginnings of what is considered modern marketing, printed adverts have existed. While some may make the point that today’s markets are driven purely by the internet, there is still a big part of it that can be tapped into via print.

Ralph Lauren print ad

Yes, it’s a valid point to make that the internet is a great way to create sales, but it doesn’t cover all your bases. For example if you are meeting clients and need to leave contact details, or if you want something to adorn your shop front or have in your company’s foyer – you’ll need something paper-based.…

Continue reading

The Brands that Conquered America

Globalisation is a divisive subject – some see it as a blessing, others as a curse. Regarded as a standardisation of business and cultural features around the world through the diffusion of commodities and ideas, the phenomenon has grown through various means including – but not limited to – E-commerce, international travel, currency banking, popular culture and wireless communications.

Toyota Hybrid car

For many – both critics and champions of globalisation – the concept is widely laid at America’s door. Certain US-based sportswear, burger chain, coffee shop and soft drink brands in particular seem to be constantly highlighted as the most prominent symbols of globalisation.…

Continue reading

3 Things You Need to Know About Online Defamation

When considering the modern landscape of communication and news-gathering, we can all agree that the use of blogs and social networking outlets are increasing in their popularity and usefulness. Unfortunately, this incredible rise in use and visibility also increases the risks of online defamation.

Online defamation and gossip

Defamation occurs when someone online writes something that falsely and negatively affects another person’s reputation and/or business. It’s vital to consider that anyone can immediately publish anything they desire to the web, whether it be factual or needlessly inflammatory. Therefore the role of defamation law is quickly becoming more significant.

Let’s briefly consider three important points about online defamation:

What are the specifics of defamation?

Continue reading