Wednesday, August 17, 2016

Trends in the Small Business Arena

The team at Global Resources offers individual solutions, developed onsite, for small to medium-size businesses.  As your trusted growth partner, we help bring about the change your organization needs to better achieve growth and profits.  Our experts are renowned for innovative approaches to business and being ahead of the current business trends.

Here are some trends the business owners should be aware of:

1. Online presence - The availability of Internet-based technology gives small businesses more control over brand development, marketing and customer engagement. While tech start-ups traditionally benefit most from these services, Internet tools provide affordable and attainable solutions for small businesses in every industry.

2. Ecommerce - Online storefronts, which allow for the movement of electronic commerce, is swiftly dominating the retail scene in the United States.  You can create and develop your business's ecommerce platform with a vast selection of Internet tools, including solutions for small business owners who need to develop an online storefront on a tight budget.

3. EMV payment security - EMV, or “Europay, MasterCard and Visa,” is critical in our modern marketplace. The national migration to EMV payment standards (popularly recognized as microchip debit and credit cards) is virtually guaranteed to safeguard small businesses and their customers against fraud over the next year. As of October 2015, merchants in the U.S. are liable for any fraudulent transactions processed without EMV-enabled terminals. The government-mandated requirement was expedited as a result of large-scale data breaches and an influx of counterfeit cards in the U.S.

4. Business Intelligence - Business intelligence (BI) software gathers fragmented data sets and translates it into information you can use to improve your business. BI has historically been used by large enterprises to curate, store and visualize what’s known as big data. The growth of Internet technology and big-data solutions make it possible for small businesses to take advantage of BI solutions.


To learn more and / or to schedule your complimentary appointment with the business experts at Global Resources LLC, call us at 855-338-0266. 

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