If, from a businesses’ perspective, time is money, then is wasting time therefore wasting money? It’s no surprise that plenty of time is wasted at work, but what is truly the biggest culprit of said wasted time? Research would indicate that cell phone usage is atop the list of ways in which employees waste time in the office.…
An overarching professional theme across both individuals and organizations alike is accountability. Not only can this trait contribute to a professional’s longevity, it also plays an important role in determining the success of any given organization. A great sense of accountability is what separates a good employee from an outstanding employee. Accountable employees lead to increased productivity, which…
As displayed in the infographic coupled with this post, retailers have a much better chance of selling additional products to existing customers than selling these products to new customers. The difference is actually quite staggering. Within the range of a 60% to 70% chance of selling to an existing customer versus a range of 5% to 20% of selling…
Seasoned golf fans may remember the story of the 1999 Open at Carnoustie. A French player, mostly unknown to all of the United States, played 71 magnificent holes of golf and approached the final tee with what was thought to be an otherwise unbeatable lead. That man was Jean Van de Velds, and anyone familiar with this story would…
Does your startup or small business need a Voice over Internet Protocol (VoIP) system? Most entrepreneurs will answer this question by stating that such a communication system is suited to large corporations. However, that’s not entirely true! There are many advantages for small businesses as well with such systems. Essentially, a VoIP system allows its users to communicate with…
Over the last 20 years, it has become conventional wisdom that a business must offer an e-commerce component to have any hope of success.