Tag: Business Management

Our expert business blog offers a world of digital how-to

Business Demography Statistics: A Comprehensive Look

Maha YassinMaha Yassin // 6th March 2024

Imagine a world where businesses are born, grow, and die like living things. Welcome to the fascinating realm of business demographics, where statistics paint a picture of the rise and fall of companies, revealing hidden trends that shape our economy. Buckle up because we’re about to delve into the data jungle and uncover the secrets […]

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9.2% of Revenue Drained: Contract Management Statistics

Maha YassinMaha Yassin // 3rd April 2024

Contracts are the lifeblood of business. From the most minor purchase order to the multi-million dollar enterprise agreement, they underpin every transaction and collaboration. Yet, despite their ubiquity, contracts often go overlooked, relegated to dusty filing cabinets or forgotten corners of digital servers. This neglect, however, comes at a steep price. Ineffective contract management can […]

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A Deep Dive into Business Closure Statistics

Maha YassinMaha Yassin // 22nd April 2024

Have you ever walked past a vacant storefront, its dusty windows reflecting the empty promises of a bygone dream? Business closures, like tumbleweeds rolling through our economic landscape, are a reality silently shaping our world. In the blink of an eye, shops disappear, restaurants fade into memory, and companies vanish, leaving behind echoes of ambition […]

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Efficient and Easy Ways To Start An Accounting Business From Home

Sara LynchSara Lynch // 22nd April 2024

Starting an accounting business from home has never been more feasible. Thanks to advancements in technology and a growing acceptance of remote work, launching your own home-based accounting firm can be both a rewarding and profitable venture. 

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A Data-Driven Guide to Knowledge Management Statistics

Maha YassinMaha Yassin // 23rd February 2024

In today’s dynamic business landscape, knowledge is power. Organisations are increasingly recognising the strategic importance of effectively capturing, sharing, and utilising the collective expertise of their workforce. This is where knowledge management (KM) comes into play. KM encompasses a range of practices and technologies aimed at creating, disseminating, and leveraging organisational knowledge to achieve strategic […]

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Sustainable Psychological Contract and Organisational Life

Panseih GharibPanseih Gharib // 14th April 2024

As organisations aim to understand and improve the dynamics of the employment relationship, the concept of psychological contract plays a crucial role. The psychological contract is based on the mutual expectations and obligations between employees and the organisation, shaping their working relationship. In this article, we will explore the effect of the psychological contract on […]

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Copyright vs Trademark: The Crucial Differences Every Creator Needs to Know in 2024

ProfileTreeProfileTree // 18th February 2024

Copyright covers intellectual property and artistic works. Image credit: AmazonAWS

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Product Placement – The Essential Guide to Embedding Brands in Entertainment in 2024

ProfileTreeProfileTree // 4th March 2024

Years and years of direct advertising and sales pitches have deterred viewers from anything labelled “Ad.” In the skip-ad era, marketers have devised non-traditional ways of promoting products and brands. Product placement can be the answer to this. Ways that viewers will not want to run away from. One popular way is, of course, content […]

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The Massive Impact of Social Media on Business in 2024

ProfileTreeProfileTree // 11th April 2024

Social media has become a digital buzzword, but social media platforms such as Facebook and Twitter mean different things for business owners than personal users. In 2015, a CMO survey set out to answer the question, “How does social media help businesses?” The answers were often surprising. Only 15% of respondents could quantitatively prove the […]

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The Shocking Truth About Your Workforce: Talent Management Statistics Revealed

Miral NassarMiral Nassar // 7th April 2024

In today’s competitive business landscape, talent management statistics are crucial to ensure the success of any organisation. Human resources (HR) professionals constantly seek the latest statistics and trends to optimise their workforce and retain top talent. Let’s delve into talent management and uncover the shocking truth revealed by talent management statistics. What are Talent Management […]

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Essential Email Marketing Statistics for Businesses

Maha YassinMaha Yassin // 14th February 2024

Running a business in today’s ever-evolving digital landscape, you might ponder the mystic art of email marketing. We’ve all been there: an onslaught of endless emails flooding our inboxes with little noticeable reward for businesses. But hold on—did you know that more than 306 billion emails are dispatched and received globally daily? This makes it […]

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Business Coaching Industry Statistics: Market Size 2024

Esraa AliEsraa Ali // 13th February 2024

The business coaching industry is flourishing, offering unparalleled support and guidance to entrepreneurs and aspiring leaders. Let’s delve into the numbers and get a clear picture of its current state in 2024. What Is the Current Market Size of the Business Coaching Industry? Coaching industry? More like a rocket ship! This dynamic arena isn’t just […]

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Risk Management: Unleashing the Power of Statistics

Miral NassarMiral Nassar // 7th April 2024

Risk management is a critical aspect of any business or organisation. It involves identifying, assessing, and controlling threats to an organisation’s capital and earnings. These threats or risks could stem from various sources, including financial uncertainty, legal liabilities, strategic management errors, accidents, and natural disasters. Statistics play a crucial role in risk management by providing […]

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The Impact of Business Planning Statistics on Strategic Growth

Miral NassarMiral Nassar // 14th April 2024

Navigating the world of business planning can sometimes leave you feeling knee-deep in a jigsaw puzzle. We understand that feeling, staring down the substantial task of piecing together a robust business plan while wondering, ‘Is it worth all this effort?’. Did you know research illustrates that businesses with strategic plans grow 30% faster? Throughout this article, […]

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Global Marketing Data and Market Share Statistics

Panseih GharibPanseih Gharib // 14th April 2024

The marketing world is abuzz with activity, constantly evolving to keep pace with shifting consumer habits and technological advancements. Yet, amidst the noise and change, one constant remains: the power of data. Understanding industry trends, competitor actions, and customer preferences are the main factors of any successful marketing strategy. But navigating the vast ocean of […]

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5 Best Ways to Market Your Healthcare Business

ProfileTreeProfileTree // 24th April 2024

Healthcare practitioners in the 21st century are tasked with not only providing care, but also promoting and developing a business model that will differentiate them from the competition. The tools offered through marketing have been proven to be the most effective way to promote and achieve the growth needed for a good healthcare business. Times […]

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Benefits of Social Media for Small Business

ProfileTreeProfileTree // 22nd April 2024

As a small business, you should be taking advantage of social media within your digital marketing strategy. If not, you’re missing out on a quick, inexpensive, and effective way to reach your audience. Benefits of Social Media for Small Business: Imagine this: 97% of consumers use social media, spending an average of 2 hours and […]

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Retail Strategy: Your Guide to Retail Success in the Digital Age (With Examples)

ProfileTreeProfileTree // 22nd April 2024

When you hear that successful brands such as Toys R’ Us, Forever21, and Bebe are closing their retail stores, you can’t help but wonder: where did they go wrong? At some point, these were beloved and popular brands. Why are they closing their stores? Can the growing power of e-commerce and technology take all the […]

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The Beginner’s Guide To Digital Marketing for Small Businesses

ProfileTreeProfileTree // 22nd April 2024

Digital marketing for small businesses has become an essential component in today’s highly digital world. Implementing an effective digital strategy can help small businesses reach new customers; increase brand awareness; generate leads; and ultimately drive sales and revenue. This thorough overview discusses the basics of digital marketing for small businesses, including defining what digital marketing […]

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How to Become a Product Manager?

ProfileTreeProfileTree // 24th April 2024

A product manager is a professional who is in charge of developing products for an organization, a role which is referred to as the practice of product management. Most employers prefer people who have prior product management experience, and it is difficult to get that experience without first becoming a product manager. In this article, […]

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Unveiling Key Inventory Management Statistics and Technological Trends

Maha YassinMaha Yassin // 6th February 2024

In the intricate dance of modern business, effective inventory management is not just a logistical necessity; it’s a strategic imperative. The delicate balance between supply and demand, achieved through meticulous inventory control, is critical to a company’s financial health, customer satisfaction, and operational prowess. As businesses navigate this critical terrain, technology emerges as a transformative […]

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Meal Kit Market: Size, Delivery Services, and Opportunities

Panseih GharibPanseih Gharib // 7th February 2024

The meal kit market has significantly grown and transformed in recent years, driven by the increasing demand for convenient and healthy meal options. This market segment has created opportunities for various players to capitalise on the growing meal kit delivery services trend. Understanding the market size, forecast, and industry analysis is crucial for both existing […]

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6 Do’s and Don’ts To Make Your Logo Great

ProfileTreeProfileTree // 1st February 2024

A brand’s logo is more than just an image that you put on social media and your website. Your logo is truly at the heart of your entire business. It represents your brand on promotional advertisements, product packaging, and everywhere online. Your logo is how customers will recognise you, what will draw in new potential […]

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Digital Value Proposition: Customer-Orientation

ProfileTreeProfileTree // 16th March 2024

Value proposition is defined by the Cambridge Dictionary as “business or marketing statement that describes why a customer should buy a product or use a service”. Value proposition is central to the marketing process. At a fundamental level, a value proposition is the means by which a brand answers the question of why someone should […]

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Empowerment Through Technology with Lauren Allison

ProfileTreeProfileTree // 14th April 2024

Empowerment Through Technology: We live in strange and unprecedented times, and increasing numbers of consumers are depending on technology to work, socialise, shop and learn. In the latest addition to the Business Leader Series, ProfileTree CEO Ciaran Connolly caught up with Lauren Allison of #TechMums to discuss her business journey, empowering women through technology and […]

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Understanding Financial Wellness with Nick Lawlor

ProfileTreeProfileTree // 31st January 2024

In an interview carried out pre-lockdown, we caught up with Nick Lawlor to discuss the right approach to income and money and how to stay prepared for all eventualities in life.

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The Rise of UK Farmers Markets: Stats, Trends, and the Future of Local Food

Maha YassinMaha Yassin // 22nd April 2024

Have you ever been to a farmers market? If you have, you know what we’re talking about when we say it’s where fresh produce is everywhere your eyes can see, local communities connect and socialise, and life feels straight out of a novel. Once you step foot in a farmers market, you will count the […]

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Video First: Talking UI Testing with CEO Bob Marks

ProfileTreeProfileTree // 25th March 2024

As the ongoing Covid-19 pandemic continues to trap the business world in a period of real uncertainty, more and more businesses are focusing on adapting and surviving the crisis. However, the world of digital appears to be largely untouched by the impacts of the pandemic. Professionals in the software industry have continued to innovate in […]

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Digital Transformation for Small Businesses with Rich Dale

ProfileTreeProfileTree // 23rd April 2024

Today’s marketplace is changing, and ‘digital transformation’ is on the lips and minds of business owners across the globe. Gone are the days when websites were built merely to hold an online presence: customers now have greater expectations and demand that websites serve as true digital showcases for their favourite brands, big or small. With […]

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Expanding Your Business Network with Michael Osborne

ProfileTreeProfileTree // 30th January 2024

In a highly relevant pre-Covid interview, ProfileTree CEO Ciaran Connolly sat down with Business First’s Michael Osborne to talk about the benefits of joining a business membership group.

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Welby Associates: The Benefits of Wealth Management

ProfileTreeProfileTree // 30th January 2024

Making time to plan your financial future is one of the most important investments you can make. Wealth management helps you make better decisions about your money and achieve peace of mind. However, many people do not consider this until later stages of life.  Financial planning specialist Simon Thompson, of Welby Associates Wealth Management, is […]

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Importance of Organisational Culture with Seán Grant and John Paul Taggart

ProfileTreeProfileTree // 20th March 2024

Regardless of what sector of business you’re working in, it is certain that the past few months have been filled with uncertainty and continuous change. In the midst of the chaos, many businesses have allowed their organisational culture to nosedive. In the latest episode of ProfileTree’s Business Leader Series, CEO Ciaran Connolly caught up with […]

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Health and Beauty Franchise Business

ProfileTreeProfileTree // 16th April 2024

Key things to be aware of when considering a Health and Beauty Franchise Business

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Unlocking Business Performance with Ian McClean

ProfileTreeProfileTree // 30th January 2024

In a pre-Covid interview, we sat down with Ian McClean of Flow Group to talk about the value of executive coaching and business consultancy. Check it out!

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Accounting Software for SaaS Companies; Which is The Best Option?

Sara LynchSara Lynch // 22nd April 2024

Software-as-a-Service – SaaS companies, have unique accounting needs due to their subscription-based business models that rely on recurring revenue. Effective financial management is critical for SaaS companies to accurately forecast revenue, comply with reporting standards, and make data-driven business decisions. 

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Working in Freelance? Here’s How to Convince Clients You’re Their Best Option With Katie Harrington

ProfileTreeProfileTree // 29th January 2024

How can businesses make informed decisions around freelance work, and how freelancers actually succeed? We sat down with Katie Harrington to talk about this subject and more.

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