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News Roundup for SME Businesses & Startups

9 Tips for Starting a Business in a Crowded Digital Marketplace So how do you break into a crowded digital marketplace? The author of this article asked nine successful entrepreneurs that did just that. Their responses range from offering the highest quality product and being fully transparent with your customers to improving the customer experience and being local, wherever you are. 8 predictions for the state of women entrepreneurship this year Citing the statistic that over the past two decades, the number of women-owned businesses has grown 114% compared to the 44% national growth rate for all new companies, the author shares eight predictions from women leaders for 2019 entrepreneurism trends: More women will develop side hustles Startups focused on improving the lives of women will c...

News Roundup for SME Businesses & Startups

There are now 5 generations in the workforce – can they work together? For the first time ever, five generations coexist in the workplace, spanning from Gen-Zers to Boomers. While this presents an unprecedented opportunity to drive innovation, it also presents leaders with the challenge of uniting these disparate groups into cohesive, productive teams. Noting that each generation wants to be heard, the author (president of HP’s Americas region), contends “technology can help build a future of work that is beneficial for everyone, and by applying the right types of innovation, organizations can hear all employees and solve many of the issues that arise within a multigenerational workforce.” He then goes into detail on four ways this can be accomplished: building a capacity for collaboration...

News Roundup for SME Businesses & Startups

6 No-Fail Office Design Ideas for a Comfortable and Productive Staff “If you were to take a look around your workspace, would you say that you’ve provided your staff with a comfortable environment that allows them to perform their best?” the author asks. If not, she continues, there are changes large and small you can make, from losing the cubicles in favor of an open design office space to installing ergonomic workstations. 10 Worthwhile Books Written by Self-Made Billionaires While it would be nice to pick the brains of self-made billionaires like Warren Buffet or Bill Gates, it is unlikely that any of us will have such an opportunity. Thankfully, ten of the most noteworthy entrepreneurs have written books that describe their lives and the lessons they have learned in building their fort...

News Roundup for SME Businesses & Startups

How to Spend Way Less Time on Email Every Day According to a McKinsey analysis, the average professional spends 28% of the work day reading and answering emails. While most have adopted two extreme coping mechanisms to deal with the onslaught – namely, striving for “inbox zero” or completely giving up as their inbox continues to rack up messages unchecked – there is a common-sense middle ground of simply checking email less often. In this article, the author shares time management practices based on his company’s data-supported study, with five detailed takeaways on how we lose valuable time to email (and corresponding tips on how to recover it): over-checking email wastes 21 minutes per day; full inboxes waste 27 minutes per day; using folders to organize and find emails wastes 14 minutes...

News Roundup for SME Businesses & Startups

Business Location Strategies for Startups and New SMEs “In a business environment where search engine visibility is often a key to success, having a business location strategy that maximizes local market exposure and search visibility should be a priority,” the author states. He then provides a few startup scenarios with tips on how to choose the right location and workspace depending on what stage your business may be, as well as local search optimization tips. Regardless of whether your startup is at the basement/garage stage or ready for a traditional or flexible workspace, your location plays a key role in the ranking of your website. The Startup’s Guide to Completely Dismissing Work-Related Stress In this article, the author begins with “To develop a business from the ground up is a l...

News Roundup for SME Businesses & Startups

20 Business Ideas You Can Start With Less Than $10,000 If you’re looking start your own business (or your next one), lack of funding can impede your progress. In this deck of 20 slides, the Entrepreneur staff discusses proven low-cost business ideas that have been launched successfully by entrepreneurs, either as a side or full-time hustle. New Research Reveals 6 Ways Leaders May Be Out of Touch With Their Employees New research from Gallup shows alarming statistics about employee satisfaction. Here the author discusses in six ways leaders may be out of touch with their employees: 78% of employees don’t believe their leaders have a clear direction for the organization; 74% don’t believe their organization delivers on promises to customers; 88% think their company mishandled their onboardin...

News Roundup for SME Businesses & Startups

How Virtual Coworking Can Help You Strengthen Your Flexible Workspace Community You may be new to the term “virtual coworking”, but the concept behind it should be familiar: a workspace community that is geared toward enhancing collaboration and networking among its members. As the author explains, unlike physical coworking space, virtual coworking is not confined by limitations to the size of the community (or event) or to time, as it gives members 24/7 access to resources and the activities taking place in a private, online community. He points out that some (if not most) flexible workspace providers already offer an online coworking community, and discusses the many benefits of virtual coworking, from enabling better management of “bad members” to offering a more diverse membership with...

News Roundup for SME Businesses & Startups

50 World-Changing Startups to Watch Inc. has published a list of the 50 top emerging companies worldwide that “are tackling the world’s most pressing problems” as determined by Kairos, an early-stage investment fund based in New York that finances the most promising problem-solving startups. Its 2018 list of 50 winners were culled from some 2,500 early-stage startups from more than 65 countries worldwide. The 50 startups that made the cut are listed in alphabetical order, and range from a “stealth Los Angeles-based company focused on solving A.I. cybersecurity issues” to a Mexico-City-based venture that “wants to make early breast cancer detection as easy as putting on a bra”. 8 Surefire Ways to Grow Your Business in 2019 An elite group of 2,000 top U.S. entrepreneurs, executives, and inve...

News Roundup for SME Businesses & Startups

7 Ways Startup Businesses Can Protect Their Data Even With a Budget The author prefaces this article with the disturbing statistic that “45% of small businesses were victimized by cyber attacks such as data breaches, hacks, and malware infections.” But for startups trying to grow on a tight budget, hiring a professional IT and employing data security solutions can be cost-prohibitive. Here the author discusses seven ways small businesses can protect their data, beginning with recognizing the very real risk of cyber attacks and their consequences, including legal problems, financial loss, and reputation damage. From preventing BYOD (bring your own device) explosion to encrypting sensitive data, these are measures budget-strapped startups can take to avoid being the victim of a cyber attack....

News Roundup for SME Businesses & Startups

Will Flexible Workspaces Disrupt the Traditional Satellite and Branch Office Markets? No longer will flexible workspace be the exclusive domain of entrepreneurs and small business owners, as corporate businesses are seeing the benefits of flex space for their satellite and branch offices. As an alternative to traditional satellite and branch offices, flexible workspace is a tailor-made solution that may prove to be a disruptive, long-term trend in this segment of the office space market. Here the author discusses why there is far more driving the move to a flexible workspace by corporations than merely low-cost office space. Why small biz owners should hope for 4-star reviews over 5 on Yelp and Google As a small business owner, you would think a perfect five-star review rating from Google,...