article thumbnail

Key Considerations for Small Businesses: What You Need to Know

Strategy Driven

Implement customer relationship management (CRM) systems, point-of-sale (POS) solutions, and other digital tools to streamline processes and minimize errors. Compliance is vital to avoid legal complications, from obtaining business licenses to fulfilling tax obligations.

article thumbnail

Things to consider when starting your own trucking company

Strategy Driven

Logistics companies provide support services such as transportation planning, inventory management, and order fulfillment. To operate legally, you will need to get the proper insurance and licensing. You’ll also need to register with the state and federal government and obtain the necessary licenses and permits.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Turning Your Catering Biz Into A Really Dishy Proposition

Strategy Driven

If you are just starting off on a freelance venture and trying out cooking for small events around you, make sure that you have all the licenses you need for a catering business. Unfortunately, many of these people keep building without realizing that they are going to need to be licensed to start charging people money for their services.

article thumbnail

The New Psychology of Business Models

Ask Atma

Management 3.0 – a psychological shift. In my management 3.0 In this article, my description of management 3.0 In the management 3.0 So what does a Management 3.0 As a Management 3.0 Figure 2 – a management 3.0 Figure 3 – Management 3.0 you might say. Good point.

article thumbnail

Reverse Innovation in Tech Startups: The Story of Capillary Technologies

Harvard Business Review

This enabled them to build a full CRM (customer relationship management) solutions suite, specifically targeted towards retailers, that included associate applications, analytics, tablet/smartphone applications, and social components. They quickly found traction in developed nations.

article thumbnail

How Corporate HQ Can Get More from Innovation Outposts

Harvard Business Review

So, even if the outposts manage to absorb local value they usually fail to propagate it back to the organization, which means they fail on the ultimate reason for their existence. As an analogy, think of sales and marketing and the rise of CRM. My experience suggests that outposts fail for a variety of reasons.

article thumbnail

What Knowledge Workers Stand to Gain from Automation

Harvard Business Review

For example, it is a systemantic problem that the typical automated operations system (including Enterprise Resourcing Planning, Customer Relationship Management, e-commerce, and e-business solution systems) is unable to complete a whole process, end-to-end.