Common sense and numerous marketing studies confirm that clients are typically more receptive with a professional environment. Of course, in business it’s normal to judge a book by its cover, and if a company is operating out of a shabby cubicle centre in a building that looks abandoned it’s not going to be nearly as […]
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What You Need to Start a Business
Starting a business is an exciting idea. You could be working for yourself on your own time and doing the things that you love. There are a few things you need to have before you start up a business, however: An Idea The very first thing you’re going to need is obviously an idea. What […]
A Look at the Processes the Cloud Is Streamlining
Cloud technology has dramatically changed the way that businesses operate, and the way that workers and students keep track of, back up, and share their files with others. If you want to take a closer look at the processes that the cloud has been streamlining, keep reading to learn more. Improved, Efficient Business Sales Between […]
BSE Ltd., Asia’s Oldest Stock Exchange, to Go Public!
Editor’s Note: This author has developed an Excel-based financial model that contains historical financial data for BSE Ltd. over the last decade, based on consolidated financial statements. The data has been collated from BSE’s annual reports for these ten years, and manually hard-coded into the financial model. You can view this BSE Ltd. (Bombay Stock Exchange) Excel Model […]
How Technology Helps You Deliver Better Customer Service
For many companies, improvements in technology over the past few decades haven’t improved their customer service. In 1976, a White House study found that only 23 percent of customers were completely satisfied with companies’ solutions to their problems, while 44 percent said that solutions companies provided were at least acceptable. Today, the percentage of customers […]
Follow These 13 Lean Principles to Eliminate Waste in the Warehouse
In managing and improving the operations of your warehouse, consider Lean initiatives to eliminate all waste and bring value to your customers beyond their expectations. Here are 13 principles to follow. 1. Communicate effectively and often. Clearly communicating to workers your organizational goals, key performance indicators (KPIs), and the processes to achieve them is one […]
Office Security Features That Will Not Fool Burglars
In order to keep their offices seemingly safe and secure, business owners often spend a lot of money on “fake” security products that are designed to fool burglars. While these security measures have great intentions, most burglars are well aware of product impostors. To keep a retail location as safe as possible, consider doing away […]
8 Easy Time-Saving Tips for Excel
Microsoft Excel is perhaps one of the most used software programs in companies worldwide. In spite of the popularity of the program, most people tend not to know the shortcuts and features of Excel that can increase their work efficiency almost instantaneously. That’s why we’ve collected 8 simple tips that will increase your work efficiency […]
We Just Launched FlevyPro, a Subscription Service for On-demand Business Frameworks and Analysis Tools
Flevy has just launched FlevyPro. FlevyPro is a subscription service for on-demand business frameworks and analysis tools. Subscribers receive access to an exclusive library of curated business documents—business framework primers, presentation templates, Lean Six Sigma tools, and more—among other benefits. More information about FlevyPro can be found here: https://flevy.com/pro. In the initial launch of FlevyPro, […]
How to Attract Younger Workers to Your Company
As the Baby Boomer labor force retires, employers need to attract younger workers although they are getting harder to recruit. Facing a skills shortage in new technical areas such as big data analytics, insurance companies have stepped up recruitment efforts on campus, the Boston Globe reports. The federal government is also feeling the effects of an […]
Behaviors of Mobile Shoppers That Retailers Need to Know
Between smartphones, tablets and e-readers, mobile technology is arguably one of the single strongest influencers of first-world culture in the modern era. This includes the buying behaviors and interactions of consumers with businesses. As a smart business owner, you must understand these new mobile behaviors and market to them to get the most out of […]
Industrial Engineer’s Silver Lining
So what does an Industrial Engineer really do? The number of Industrial Engineers graduating every year in Pakistan is significantly higher than the average runs that our cricket team accumulates these days. Yet, ironically, like our batting line itself in the modern version of the gentlemen’s game, we seem to have not yet found our […]
