To discuss what SME Small and Medium-Sized Enterprise) is, we first need to talk about business. Apart from generating a profit, its fundamental purpose is to express the inborn human daring to transform one thing into another. When this new thing, which we’re used to calling a product, serves not only its manufacturer but solves…
As vast as it already is, the world of trade keeps growing and at great speed. The two years the world spent in a pandemic brought much change and made businesses find solutions to the deprivations we all had to endure. It was in this period that social commerce took a powerful kick-off. In the…
The drive to grow, the ability to identify opportunities, the ambition to be the winner, the courage to take risks, the talent to attract supporters – these and many more comprise the definition of entrepreneurship. Are we born with these qualities or can we gain them? Even scientists have their take on the question. Some…
Starting your own business can be a truly exciting time of your life, but it does not come without challenges, or at the very least, prior preparation. One part of such preparation is the creation of a business plan – or the strategic document that will provide a roadmap to your business creation, development, and…
There are people who walk among us with a unique vision for life. They are bold and brave. They want to make a change. And they have the grit to withstand all obstacles to make their vision come alive. Two centuries ago, people bartered and apprenticed for their professions only to stay in them for…
From horse-drawn carriages to the automobiles we have on our roads today, the taxi business has existed for ages. Its primary purpose is to transport passengers from point A to point B safely, while the customer pays for the service rendered. Up until the recent past, most passengers would pay with cash, but times are…
Taxi businesses used to be primarily cash-driven, but then card payments came on the scene and this changed everything. Whether you hop into an iconic black cab in London or a private hire vehicle, passengers these days are much more tech-savvy and require ease and convenience in payments, whichever service they opt for. This includes…
Perhaps working a nine-to-five job isn’t your calling and that’s perfectly okay. You may enjoy driving your car and you may have the call to be a taxi driver. This job can be rewarding on so many levels. You can work for yourself, work with a team and there are different ways in which the…
So, you’ve made your decision – you’d like to be your own boss and run your own business. There are many advantages to this but if you’re on the road to starting your own business, you’ll face several choices: do you start your business from scratch, do you purchase an existing business or the best…
Even before the coronavirus pandemic set in during 2020, there was a rise in click and collect orders. Some sources expected a whopping 78% increase from 2019 figures, while other, more modest figures indicated a 32% rise. Needless to say, click and collect orders are expected to double by 2025 and surpass the expected figure…
Before you think of a name for your online store or even think about your website and its design, you need to know what you’re going to be offering. Selling online these days is a popular trend that’s unlikely to go anywhere soon. With so many products available on the market, it may become daunting…
If you think that selling your products or services online needs to be a big affair – possibly something like Amazon – you’re in for a nice surprise. Over the past few years, there’s been a rise in eCommerce, which essentially refers to online sales through secure websites that are fully compliant with international payment…
When running a business, you’d want to do it smoothly and seamlessly. However, it’s unlikely that you’ll be able to take care of all the aspects that come with it, and this is where outsourcing comes in. But what is that, and why should you consider it as a strategy for your business? Perhaps before…
Startups by their very nature are businesses that seek to disrupt the status quo by offering innovative products or services as opposed to businesses that operate under the premise of entrepreneurship and serving their local market. If you’ve had a lightbulb moment and you’ve thought of an idea that may disrupt the marketplace, then you’ll…
It was as early as the last decade, in 2014 to be more precise, when The Economist Intelligence Unit found that 80% of customers “are demanding new consumption models, including subscribing, sharing, and leasing – anything except actually buying a product outright.” And this is where recurring payments have entered the payments landscape to change…
