11 Questions to Ask Yourself Before Starting Your Niche Online Store

Starting a niche online store is an excellent way to earn a living, but it’s important to remember that no two e-commerce presences are the same. All entrepreneurs who are in e-commerce have varying levels of success, based on a number of factors. When you are aware of the factors for e-commerce success and can honestly face the reality of the niche e-commerce world, then you have a much better chance of being a successful online entrepreneur. French Knot, Aussie’s premier homewares and home decor online store, shares these 11 questions you should ask yourself before starting a niche online store.…

Using a Project Management Approach to Expand Your Small Business

Growth – it is generally assumed to be the objective of any size of business. Some small business owners may disagree, citing no desire or intention to expand operations beyond what they are currently doing. While this may be true in some cases, at least in terms of physical expansion of plant or facilities, it would be difficult to find any business owner speaking against growing profits. To many small business owners, both physical growth and increased profits may seem out of reach without major additional expenditure whether it is on physical infrastructure, personnel, or marketing.…

5 Essential Steps To Creating Your First Product

Great ideas can appear in a flash of genius; it’s turning those ideas into a reality that can be challenging. The key to creating a successful first product is strategic planning, built on the foundation of knowledge and research. By following a carefully constructed, step-by-step approach to creating and then launching your first product, you’ll increase your chances of success. Here are the five essential steps to creating your first product. Step One: Define Your Product Before you can move onto creating your product, you must first define it.…

Richard Liu Qiangdong Gives Candid Interview About JD.com

JD.com is the fourth largest company in China. The company was established in 2004 by Richard Liu as an e-commerce business, although it was previously dealing with physical stores sales. For the past 15 years, Liu has stayed focused on growing this company, and as a result, it has recorded significant achievements. Currently, the company is worth over $60 billion and employs over 67,000 workers. It offers local and global delivery services to its customers. In China, the company has a fast delivery process since it only takes 6-20 hours.…

5 Business Tips and Trends to Adopt for Growing Your Business

Running a successful business in any industry and sector requires a great deal of hard work, determination, sacrifice and resilience, which will each help to make a company a hit or a miss. Of course, there are other factors that can make or break the growth of your business. That is why you must keep your ear to the ground for the latest techniques. If you want to hit every goal you have set for your new venture this year, check out the following business tips and trends.…

Covering Your Bases: 4 Types of Credit Card Fraud and How You Can Prevent It

In simple terms, credit card fraud means trying to pay for the goods or services with an unlawfully obtained credit card details belonging to another person. Every single year, thousands upon thousands of people are victimized by fraudsters, and it’s everyone’s duty to put up a fight against their malicious deeds. As criminals are becoming increasingly more clever, it’s important to always stay a few steps ahead of them and keep educating yourself on the types of credit card fraud you can encounter, both as a consumer and a business owner.…

The Role of Virtual Offices in the Rise of Digital Entrepreneurship

Virtual offices can offer numerous benefits for companies of all size and scope, but digital entrepreneurs are uniquely benefiting from virtual offices. In this article, we’ll discuss how virtual offices are inspiring innovation in digital entrepreneurship and helping these enterprising companies get ahead of the competition. What is Digital Entrepreneurship? Digital entrepreneurship continues to be on the rise, and statistics are hard to find because there are, indeed, so many digital entrepreneurs out there. A digital entrepreneur isn’t just someone who uses digital tools to succeed in their business, instead, a digital entrepreneur’s products and services exist entirely in the digital space.…

5 Tips For Starting a Business Overseas

It’s hard enough starting and running a successful business in the United States, and it can be even more so in another country. But if the circumstances are pointing you in the direction of starting a business in an international country, you should know that there’s nothing to stop you from doing so. Here are five tips for starting a business overseas: Tip #1 – Travel To The Country First If you’re going to be opening a new business overseas, you should travel to that country beforehand and immerse yourself in the environment and the culture.…

Entrepreneurship and You: Networking with the Right People Will Step up Your Game

There’s a common and well-known saying that continues to circulate around the world, and it’s never been as relevant as it is today. It’s not what you know; it’s who you know. Of course, we’re talking about networking. As a business owner and entrepreneur, it’s great that you own your own business, and you’re sure to make opportunities for yourself that enable you to progress and grow, but expanding your inner circles has the potential to create opportunities you may have previously deemed impossible.…

How to Boost Your Office Productivity After a Vacation

Summer is that time of year when most of us go on holiday with a specific destination in mind – a sunny beach with a refreshing ocean or sea close-by. After being stressed-out year-round, we’re all looking for some relaxation, a time-out, or a period in which to recharge our batteries. But year after year we return to work only to feel more tired and overwhelmed by our tasks. Returning from a vacation we’d expect productivity to be higher, not lower and, alas, reality bites.…