Category: Finance-News

How companies can make the best out of data

In 2012, the sentence “data is the new oil” was publicly recorded for the first time. Its attribution is not certain, but the analogy deserves some reflection and explanation. Investor Ann Winblad said “Data is just like crude. It’s valuable, but if unrefined it cannot really be used. It has to be changed into gas, plastic, chemicals, etc., to create a valuable entity that drives profitable activity; so must data be broken down, analysed for it to have value.” As of today, a lot of companies have realised there is value in data, but not many have yet understood how to maximise this value.

Attending to a lot of industry conferences, the majority of talks are around tools and techniques where data is used to make sales increase, costs decrease, to optimize clicks… but the feeling is that we are listening to isolated examples from some business unit leads who …

The Many Benefits of Buying A Coffee Shop Franchise

Have you ever dreamed of owning your own business? Does the thought of having your business become a mainstay in the local area appeal to you? Starting a business and branching out as an entrepreneur is a common dream that many ambitious people of all ages aspire to make come true. However, starting a business is infinitely risky and there are many pitfalls that you could succumb to along the way. One excellent way to reduce your risk of failure in the world of business is the act of buying into a franchise. If you want to start a cafe, for example, you would benefit from buying into the best coffee shop franchise around. Let’s go ahead and break down the benefits and expectations that come along with buying into an established franchise.

Buying Into A Coffee Shop Franchise: A Complete Overview

There are countless ways to succeed in the …

Business Tools for Startups and Companies

In the “old days” business used to be done in a much more simple and relaxed way than today. The suit and tie were a must-have, in-person meetings were much more powerful and common than today, and without cellphones, communication was much more creative. In our present day, we use all sorts of phone systems, CRMs, email campaigns, and virtual assistant to handle the clients we don’t want to or have the time to communicate with. In this article we will be discussing some of the efficiency tools that we use today, such as phone systems from companies like MegaPath.

Business Tools

One of the most important tools we have at our fingertips, literally, is the smartphone. This device not only allowed Steve Jobs to be the first person you think of when you hear the word smart phone, but it has allowed people all over the world to …

Three Facts You Need to know About Selling Dog Kennels

When you are thinking about owning your own business, you may have a specific type of business in mind. Because there are so many different options available in many industries, you will probably have a chance to pick and choose the one that will fit your needs and preferences. Especially, if you are thinking about starting a company that will house different types of dog kennels so that they can be sold within your local and surrounding areas. If this is the case, one of the first things that you will need to know is how many different types of dog kennels are available for sale in this industry. Here are three facts that you need to know about dog kennels that you may want to consider selling to your customers once you have your doors open.

Manufacturers Use Different Types of Materials

When an individual, family, or a business …

UK Department Stores Cutting: Need a WorldPay Review?

Department stores, once being the main attraction on many High Streets, have somewhat lost their appeal. A few months ago, you could read some statistics published online concerning the state of the department stores. They showed that the number of the department stores in England had dropped. If you’re a merchant interested in growing your business and getting a WorldPay review, just read below.

The Retail Business in the UK

The number of big department stores in England has dropped by 25% in less than a decade. It’s reached 180, based on the results of a research carried out a few months ago.

The rise of online shopping and a Brexit-related jump in prices have created more problems for British retailers. Some companies state that the closures are an absolute necessity for trading and staying competitive.

The announcements about closing UK department stores speak of the shift towards online shopping. …