5 Trends Small Business Owners Should Monitor In 2023

After surviving the pandemic for almost two years, many business owners considered 2022 the year of recovery. Surprisingly 71% of small and medium businesses survived the pandemic by going digital, which is why monitoring and adapting to market trends is crucial. But fears of recession, inflation, and unreliable supply chain are all the challenges still looming, dampening business goals.

Small business owner taking note

photo credit: George Morina / Pexels

While nobody knows if the recession will loosen its grip on the economy, it is certainly fair to say that small businesses are resilient enough to survive the challenge. Indeed, 2023 is the year of small business owners betting on themselves while focusing on the external environment factors within their control, such as embracing the latest business trends.…

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4 Biggest Business Trends in 2023

The business environment is constantly evolving. One moment you may be on the cutting edge of things. Next, you are running an outdated model. Such is the ever-changing business landscape, causing organizations to become increasingly adaptable. The only way to stay ahead is to understand the things influencing the rapidly changing business environment.

Businesswomen discussing trends

Businesses must understand key industry trends and jump on them or be left behind. Companies that adjust their business models based on predicted future trends can remain on top of the chain, while those who don’t may soon find themselves struggling to compete and out of business.

There are several trends organizations must watch out for in 2023.…

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4 Trends Shaping Business, Technology and Design

Looking ahead to 2023, it’s evident that the sector is taking some bold new steps. The ongoing rise of breakthrough technologies and platforms, along with the long-term effects of the global economic slump and significant layoffs in the tech industry, creates an exciting and uncertain period for designers.

Design business trends

But one thing is certain: the design landscape will be defined by a dynamic interplay of opposing forces, necessitating the need for designers to remain nimble and adaptable in order to succeed.

To withstand the shifting tides and capitalize on the possibilities that occur as we traverse the turbulent waters of the coming year, you and I must be tuned in to the newest trends and advancements in the industry.…

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Top Small Business Trends For The 2020s

What’s happening in the small business, startup, and entrepreneurial space in the first half of the 2020s? The short answer is, plenty, and it’s happening at a quick pace, even by modern standards. Some of the trends are related to environmental concerns, but others are centered on old-fashioned dilemmas like expense minimization.

Management team discussing trends

After decades of blustery talk from corporate leaders, the concept of employee ownership is finally taking off, as are two related elements of the everyday work world, namely teamwork and decentralized management. One of the truly astounding features of this fresh wave of managerial progress is that it’s even affecting the smallest of entities, micro businesses.…

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The Corona Pandemic and the Heated Election: Which Industries Will Stay Afloat?

The economy was never going to be the same again with the outbreak of the coronavirus. We can all agree that the pandemic has had severe effects on the international economy.

Woman wearing mask

It has negatively affected the stock market and service industries like the travel and hospitality sectors. With all the travel restrictions and lockdowns in most countries, it was ever going to be business as usual. Even some of the most reputable firms have had to lay off workers to cut down costs. Several professional soccer teams had to convince their players to take a pay cut.

Unpredictable Future

If the coronavirus wasn’t enough, the 2020 elections came up to remind us that we aren’t yet done with the year 2020.…

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Innovative Point of Sale System Trends

Business is all about innovation. From your advertising, to your products to your POS, you have to be forward-thinking if you want to ensure your venture is a successful one.

Point of Sales (POS) trends

In recent years, point of sale systems have been on the rise, becoming more popular in small businesses of all shapes and sizes. In the process, they’ve grown and adapted to the needs of the modern business owner in order to make running the show a little easier.

Some of the most important trends in these developments include:

Data Tracking

Powerful systems like the Merchant Account Solutions Clover POS System have the ability to easily and accurately provide reports on a wide range of business information.…

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International Business Trends to Look Out for Throughout 2018

It is very important for businesses to adapt to their market, but also to update their technology and business operations according to what the competitors are doing. Indeed, most industries are in such competitive environments nowadays that not keeping up with the current technologies, trends and innovative business models might put you out of business.

International business talk

New tools, apps, platforms and other kind of technologies allowing businesses to improve on their day-to-day operations by advertising more efficiently or saving more money for instance are created almost everyday, and keeping up with all of them might be a little challenging, however, knowing what will become popular on the market remain important if you would like to stay ahead of your competitors.…

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How the Internet and Smartphone Revolution are Changing Long-Established Industries

There is no doubt that the Information Revolution has had an indelible impact upon our daily lives. This observation is even more true in regards to business operations.

Business gadgets

Specific sectors have been dramatically affected; some for the better and some for the worse. It is estimated that no fewer than 2.32 billion individuals now own smartphones and other mobile devices. This number is expected to increase well beyond 2020.

Thanks to the social media, industries are enjoying the underpriced marketing channels by the name of Facebook, Twitter, and other prominent social media platforms.  This impacted the platforms itself.

Powered by social media, let us look at how handful of industries have been impacted by info-tech advances:

Travel Agents

In the past, a travel agent would act as a middleman between the consumer and holiday-oriented firms.…

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Businesses to Watch Out for as 2015 Approaches

There’s lots happening in the world of ecommerce development, mobile technology and social media advertising right now. Billions are being invested, made and lost.

Here’s just a few major companies that you should be keeping a close watch on over the course of the coming year.

Flipkart

Binny and Sachin Bansal started Flipkart back in 2007. To say they’re the largest ecommerce store in India would be a serious understatement. The company just received $1 billion in investor funding, based on a whopping $7 billion valuation! (source)

Flipcart packaging

They started out selling only books on their site. And much like Amazon’s rise; they’ve grown into selling electronics, accessories, clothing, housewares, and even recently ventured into the mobile market – releasing their own signature mobile phablet: the Digiflip Pro XT 712.…

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Survey: Most Business Owners Remain Optimistic in California

Most California-based entrepreneurs want to invest more resources to grow their company, according to a recent survey by California Bank & Trust (CB&T). About 60 percent use social media and Web marketing to promote their business, and many business owners believe their products and services will see growing demand.

Downtown San Francisco

photo credit: Adam Kuban

Nearly 38 percent of small business owners want to conduct international sales efforts, while 53 percent want to hire new employees in 2014.

These plans reflect optimism among entrepreneurs: Over 86 percent say their business is heading in the right direction, while 63 percent expect their company’s growth rate to increase in 2014.…

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