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Do you really need virtual office if you are doing your business online?
Business always demands investments, which vary depending on your activity. Furthermore, it requires training and recruitment costs, because 20% of competent team’s efforts gives 80% of result. And finally, your business should be profitable, and bring you sufficient net income. Also it's worth to mention that except space and human resources, you will spend money on equipment, furniture, electricity. If your are not going to build a big factory, are these expenses worth it?
Important Abbs in business management. What is what and what is it for? (updated)
Have you ever heard an acronym or abbreviation but you didn't know what it meant?
Some specific acronyms can have multiple meanings, and sometimes Wikipedia can't provide you with a clear definition.
That's why we want to point out the most common marketing acronyms you'll hear in the business sphere. Some phrases may be confusing, so let me lay it all out for you.
The benefits and advantages of IT outsourcing
This information will be useful to anyone who wants to reduce costs and optimize their commercial activity.
What is a sales funnel and why do you need it?
Knowledge about a sales funnel will help entrepreneurs to multiply their profits. No matter if it is built in e-Commerce or in offline sales, the model works in both cases.
Document management optimization
Computers, Internet, office applications — without these can't work any organization, today. We are moving from paper to electronic documents but is it easier to control with them?
Remote work in the trend
More and more companies are beginning to hire employees from other regions to work remotely. Alternatively, transfer a part of their employees to remote work.
The key to prosperity of business
Business management systems provide many opportunities administrative management for companies of any scope.
Software for business
Choosing the software is a major decision for the company, on which depends the future of the business. The software environment is the foundation on which depends developing of the business, and mistakes there are extremely costly.
Effective Warehouse Management
Improving the efficiency of execution of warehouse tasks is one of the ways to reduce the costs of the company, which gives it certain competitive advantages in today's competitive business environment.