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Technology That Can Deepen The Connection Between You And Your Customers

Some would argue that technology has pushed us to lose touch with people and our surroundings, yet strengthened our connection simultaneously. On one side of the coin, a study showed the average person spends 3 hours and 15 minutes on their phone where they disconnect almost entirely from their surroundings. But, on the flipside, they could spend those hours connecting with people all over the world.

Customer relationship management

photo credit: Proxyclick Visitor Management System / Unsplash

For B2B trading, technology has only strengthened the connection between buyers and sellers – enabling businesses to connect with other brands on a more personal level through social media, as one example.…

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Business Lawyers – How Can You Benefit From Their Service?

If you are running a business, be it a small, medium, or big business, it is vital to have someone by your side who knows the legalities of running a business. In this regard, the presence of a business lawyer is important. The lawyer can help you get through every aspect of running a business, especially the leg work.

Business lawyer

Running a business is not an easy thing to do. There are moments when your emotion gets in the way that you end up with impulsive decisions that you might regret later on. However, with a business lawyer by your side, you will have peace of mind knowing that you have an expert by your side who can add value to your business.…

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Expanding Your Restaurant Business: 3 Things to Keep in Mind

You’re turning out the best food you’ve ever made. You have diners lining up to compliment you on your flavours, professionalism and turnaround. And the Google reviews are in: your business is a certifiable local hit.

Restaurant business owner

photo credit: Tim Douglas Via Pexels

Where do you go from here? If you’re like most enterprising restaurant owners in this country, your thoughts turn to expansion. How can you get your locally-loved product into hungry mouths in other neighbourhoods, other cities, perhaps even other countries?

Expansion takes planning and consideration. Expand in the wrong way – or too quickly – and you could risk over-extending.…

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How Businesses Can Avoid Workplace Retaliation

When an employer punishes an employee for exercising their rights, this is known as workplace retaliation. This punishment can be any action that may be construed as adverse and hinder an employee from pursuing legal action. Workplace retaliation can happen for a variety of reasons, but sexual harassment and racial accusations are two of the most common.

Workplace retaliation claim

However, even though it happens a lot, it’s illegal for your employer to retaliate against an employee for filing a sexual harassment or a racial discrimination complaint. Retaliation charges are usually harder to drop than the original claim.

Businesses often find themselves walking into a retaliation complaint due to easily avoidable mistakes.…

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Picking a Mobile Subscription Plan For Your Businesses

In many businesses, workers travel they don’t spend all of their workday in an office or store. In industries where your workforce is spread out and meeting with clients or going to job-sites regularly being able to stay in touch and communicate is key.

Businesswoman using smartphone

Modern smartphones are quite advanced, offering many features businesses will find useful outside of simply calling and texting. For example, with a smartphone, you can collect payments with the correct software and hardware, allowing field agents a degree of flexibility in monetary matters. Even more common features such as GPS can make daily business activities far less confusing.…

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Effective Ways to Reduce Customer Churn

Every day, companies lose customers. The average business loses about 20% of its customer base each year. However, there are effective ways to reduce customer churn and retain as many valuable customers as possible. Here’s a look at the benefits of managing churn.

Long time customer meeting

Increase Customer Lifetime Value (CLV)

A company’s CLV is the amount of money a business expects to earn from each customer throughout their relationship together. If you can increase your average customer lifetime, then you are increasing your chance for revenue growth.

According to Harvard Business Review, you should aim for an average customer lifetime that exceeds the industry average by at least 50%.…

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What is an Extruder and Does Your Company Need One?

Extrusion enables the changing of the shapes of materials. This process transforms plastics into pellets and tubes. Because of this, many industries use extruders because of the vast advantages they could provide. Generally, extrusion makes production and manufacturing faster because of its continuous operation. Apart from it, it typically offers a better output as to quality and quantity.

Extruder

Extrusion is standard in the industries of production, engineering, and agriculture. If you’re working in any of these industries, you may want to know more about this machine. Suppose you want to learn everything about extruders, here’s an article that could guide you.…

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How to Make the Most of Small Business Success

Many businesses naturally undergo ups and downs. There will be episodes of a great boom while others will be sluggish. This is usually precipitated by various factors such as prevailing economic conditions, changing consumption patterns, and internal factors, among others.

Small business success

If your business is making a killing and enjoying a period of tremendous success, you should take advantage of such times to compensate for low periods. Here are five tips on how you can make the most of small business success.

Manage Your Personal Debts Better

Personal debts can cripple your progress if there is a huge cash outlay to settle personal debts such as a mortgage or student loan.…

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Top Careers with Potential to Become Business Opportunities

Careers play a critical role in people’s lives. A new generation of workers, known as “millennials,” are taking on more varied career paths and becoming entrepreneurs early.

Graphic designer

With the rise in entrepreneurship, there is also an increase in the number of available jobs that can become business opportunities for those who are wise enough to take notice. Here are some careers with high growth rates that can be turned into successful business opportunities.

Graphic designers

One career with potential to become a business is graphic design. With technology, anyone can become an amateur designer and offer their services to businesses for little or no investment.…

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Exploring the Benefits to Managed WordPress Hosting

In the world of doing business online, your success is almost exclusively dependent upon the reliability of your website.  Hacks, crashes, and slow upload times can mean a significant loss in sales and customers. So when you’re thinking about improving your website, you need to think first about your hosting service.

Managed WordPress hosting

But what kind of hosting is best for your SMB? Great question because there are so many to choose from such as shared hosting, dedicated, VPS, and others. However, there is one hosting service that stands above the rest in advantages, and that’s managed WordPress hosting. So if you’re asking what is managed WordPress hosting, and wondering about the benefits of this service, read further for answers.…

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