Coding, Mathing, Awesoming!
Businesses these days are naturally interested in expansion and in broadening their customer bases – that’s only natural. That’s the reason it’s so important for businesses to focus on IT practices that make use of cutting-edge technology and design, as well as an enticing business plan, strong marketing techniques and automation.
Growing your business will signal your exceptional success to date, and it will no doubt have taken much blood, sweat and tears to reach this point. However, you might be unsure how to expand your business to capitalize on your business’s success. If so, read the following five ways to grow your business.
Sick of the long commute to the office, want more flexible working hours? Want to be able to work from your spare room or couch as a freelance worker? Then home-working could be for you. With all of the digital technologies we now have at our finger tips, there have never been so many remote working opportunities available – spanning across all sorts of industries. But it’s not necessarily as easy as it looks, working from home that is. Here are some things to think about if you’re considering breaking off from the 9 to 5 office job.
While there are many opportunities for technology re-sellers to expand their business by partnering with international clients, unfortunately the costs and inconveniences associated with cross-border transactions can be enough to deter them, leading them to make the safer (though less lucrative) decision to remain in an oversaturated local market.
Setting up a business can be an expensive process, and if you don’t have any capital to spare, then you will be looking at ways to reduce costs. If you are setting up a new business, there are, however, some things you should never cut costs on. The consequences of saving your money rather than investing far outweigh the initial outlay.
Many tech startup employees are sold on the idea that they are the next big thing. Unfortunately, they often fail to take the needs of investors into account when creating their pitch and planning their initial presentations to potential buyers or investors. Let’s look at the four crucial mistakes people make when they pitch their tech startups.
Valuation is always a big step to take for a startup. Whether you’re trying to get angel investors onboard or you want to take out a bank loan to further develop your ideas into products, you need to be able to value your business at its present state. Unfortunately, valuation can be tricky, especially if you have no knowledge of the subject. A lot of startup owners and CFOs actually choose to pursue a master degree in finance online from top names such as Northeastern University to better understand the basics of valuation and acquire the necessary skills to perform one.
