5 Reasons Small Businesses Need to Keep Checking Accounts Separate

Small business checking accounts let business owners (you) manage their taxes, legality and money issues in a practical manner. As an aside, customers, suppliers and clients can write checks to the business itself, adding more professionalism to the small business.

Here are several differences between business checking accounts and personal accounts – as well as why it is worth your time and effort to keep business expenses from being attached to your personal banking accounts.

1. Legal Protection

Using a personal account for business finances is a huge no-no, as it increases the chances of affecting your legal liability. Whether you set up an LLC or corporation, you are given liability protection.…

Continue reading →

Top 5 Mistakes to Avoid When Choosing a Learning Management System

The LMS, or learning management system, is quickly growing in popularity. The perks are numerous to speeding up the training process, but many brands are still having second thoughts. The simple reason is that they have not chosen the right LMS for their needs. Most brands get turned off simply because they don’t know what to look for — or rather, what to avoid when making a final choice.

Things to avoid when choosing an LMS

Suppose you go shopping, you will find the same product from different brands. When you do not research, you end up with a low-quality product. In the long run, this can make the whole effort futile.…

Continue reading →

5 Collaborative Tech Apps Every Business Should Know about

When it comes to corporate innovation, change doesn’t just happen. Half the battle is making sure that your team is running as efficiently as possible, so you can find the time and space to have big conversations without dropping the ball on any essential daily tasks.

5 collaboration apps to take your business to the next level

With that in mind, here are 5 collaborative tech apps that every corporation should be using. Whether you have five or five thousand employees, you might find that one of these tech solutions is exactly what you need to whip your workflow into shape, and open the door to collaborative innovation.

1. Google Drive (Safely store and share your documents)

You might already use Google Drive as a backup location for your most important files, but it’s so much more than that: it’s also one of the best collaboration platforms around.…

Continue reading →

How Can Upgrading Technology Help Restaurants Increase Sales?

When most people think about opening a restaurant, they dream of all the delicious concoctions they’ll whip up for their guests. Guests who hopefully keep coming back so often that they practically become family.

Restaurant technology upgrades increase sales

When thoughts wander to boosting sales and increasing the bottom line, many new restaurateurs go right back to crafting killer cocktails and whipping up delectable meals that will keep people buying and buying.

While that’s certainly one part of it, there is one major, yet often overlooked way that restaurants can increase sales: upgrading technology. From cutting down on time to increasing efficiency, there’s a lot that the right tech can do to boost a restaurant’s success.…

Continue reading →

4 Tips for Building a Better Blog

There was a time, not too long ago, that blogging was a novelty. But in just a little over 20 years, the concept has changed in a big way. Blogging has changed from being a way for individuals to stay connected to one another, into a multi-million dollar marketing opportunity for everyone — one that can benefit everyone financially from your 90-year old grandma, to Arianna Huffington of The Huffington Post.

blogging tips

Today’s blogs do more than act as personal web pages; they serve as profitable business ventures for corporations and individuals alike. If you’re thinking of entering the blogging world, consider using these four tips to build a blog that people really want to read:

1.

…Continue reading →

Best Management Practices and a Tip from Russell Ruffino

Business consultants are always eager to offer up advice about what business owners should do, and what they should avoid doing. The short and sweet of it is this: Business owners should always stay actively engaged in the day-to-day operations of their enterprise.

It’s less about management style and more about engagement. Business leadership spans the full spectrum including a laissez-faire approach through autocratic management styles. Depending on the nature of business operations, one may be more conducive to productivity than another, although this is not ironclad.

In management school, they teach that planning, organizing, leading, and controlling (POLC) are the core tenets of effective business management.…

Continue reading →

Essential Aspects of a Successful Business Website Design

Getting into the mind of a web user is simple when you think about how many times you log onto something each day. The basics of web design center around pleasing the web user.

If you are looking to do something to tweak your design, making it more suitable for the needs of daily digital visitors, then it’s time to pay attention.

There is no exact formula for the perfect business website design, but there are a few foundational elements seen in most successful websites. Enlighten yourself, and check out a quick description of some essential aspects of a successful web design.…

Continue reading →

How Retailers Use Business Intelligence to Turn Data into Dollars

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

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.…

Continue reading →

New CBI Index Reveals a Bright Future in The Cyber Age, with Increased Security and Cryptocurrency Considerations

The 2018 CBI Index – a special report published by the Financial Times’ Professional Wealth Management magazine – have revealed that some countries offering second citizenship programmes are preparing for the cyber age by considering investment via cryptocurrency, and that a majority of these countries are utilising technology to improve their due diligence measures.

Cryptocurrency & CBI

2017 and 2018 saw the rise of cryptocurrency – virtual currencies that enable financial transactions between persons without the need for banks, or other centralised financial intermediaries. Crucially, cryptocurrencies allow secure transactions through advanced cryptography recorded on a blockchain ledger.

As with many new technologies, there has been hesitation in the industry as to whether to allow investment via cryptocurrency.…

Continue reading →

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.…

Continue reading →