With no end in sight yet for the pandemic, you must be wondering how you can keep your business going amid economic uncertainties. Millions of workers have been laid off while several companies adopt various approaches to prevent their businesses from closing down.
A key aspect of building a reputable and successful business is making sure that you take employee wellbeing seriously. Taking the wellbeing of your employees seriously means making sure to actively put steps in place to protect them and keep them safe from wellbeing related issues, in addition to
If you’re looking to build and motivate a sales team for your business but you don’t know where to begin then don’t worry, you have definitely come to the right place. Whether you’re building your first-ever sales team or adding to your additional one, you need to ensure you
There is no denying that we have all been through a very strange time in recent months. The world has changed, and we all face a new normal. Personally, this has been damaging, especially with lockdowns and the effects that it may have had on your mental health. But
This year has not been easy for anyone, especially business owners who have had to close their doors and rethink their businesses, just to survive. With the changing restrictions, new guidelines, and even trying to make a profit in what can seem like a difficult situation is not going
Times are tough. As an unpredictable virus makes its way around the world, closing economies and shutting borders, there are bound to be casualties from a business perspective. Currently, 41.3% of businesses report they are closed, while a survey from pnas.org highlights that COVID-19 is the main reason for
Outsourcing is not a new concept, but nowadays the meaning has changed slightly. Many businesses are sourcing entire departments and services remotely rather than hiring in-house staff. Financial services are commonly outsourced because companies then have access to the expertise and resources of an accounting department essentially without paying
BOM (Bill of Materials) is a list of raw materials, sub-assemblies, intermediate assemblies, sub-components, parts, and the quantities of each needed to manufacture a product. A BOM is the blueprint of a product and is critical to every aspect of its life cycle, from procurement and production control to