The past year has been challenging on all business owners, but it has also inspired a new wave of would-be entrepreneurs. With community restrictions and lockdowns posing new challenges to the commercial sector, aspiring business owners are starting companies within their own home. This trend is not new. According to a survey from 2013, 69 percent
The future of logistics, transport, and warehousing in Australia looks promising. According to the data from the Australian Industry and Skills Committee, road freight transport alone required 197,000 workers. By 2023, this number will increase to 224,000. The need for warehousing workers, meanwhile, declined in 2018 to 47,900. But by 2023, it will go up
The rapid rise of e-commerce is partly due to the global pandemic, but it’s also been a logical shift thanks to evolving consumer trends. Shopping online is easier, more secure, and there is a wider choice available at competitive prices. It’s an ideal time for investors to take advantage of this as the e-commerce market
If you’re looking for a sign to quit your job and start a business today, here it is: don’t do it yet. Many people have made the mistake of leaving their day job to start a new business. But there are advantages to keeping a day job while building a business. One is you don’t
Investing in stocks is one of the best and efficient ways to grow wealth over time, but it can be a challenging and overwhelming process. However, the good news is that the practice is more accessible than ever. Anyone can start investing with just a couple of dollars and gradually build their capital. If you’re
Brands are obsessed with promotional merchandise. You see their logos on their t-shirts, mugs, pens and notepads, tote bags, stickers, and all kinds of stuff. Entrepreneurs still believe that these items will boost their sales and propel them into becoming a homegrown brand. It seems like an expensive and effortful endeavor. The business has to
Capital expenditure or CAPEX is the funds businesses use to buy, upgrade, and extend an asset’s lifespan. In essence, they’re long-term investments that can enhance a company’s operational efficiency, increase revenue, or improve existing assets. Although these expenditures can be very beneficial to your business, they typically require a significant outlay of money. That’s why
From employees to marketing strategies, several factors contribute to the success of a company. Another crucial element in that success formula is equipment. Without the right and optimal equipment, expect costly downtime, poor-quality production, and even injuries that are detrimental to the entire organization. But there is one issue that often prevents companies from getting
Starting a new business can be scary, especially for those who do not have enough experience. Many people do not wait until they have retired to start a business on the side. They start a small business while they have a full-time, stable job. If you wait for the perfect timing to start a business,
It can be easy to get caught in several things during the holiday season, but neglecting to ramp up your marketing efforts can lead to your brand getting buried in the noise — especially with massive retailers and eCommerce shops taking over. Fortunately, the same marketing channels these enterprises use can be just as efficient
