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Category: Technology

Why You Should Be Wise About Your Multi-Currency Banking
In today’s globalized world, many of us find ourselves needing to manage finances across borders. Whether you’re a freelancer getting paid in USD, a business owner selling internationally, or a frequent traveler, traditional banks can make things difficult and expensive. That’s where Wise comes in.

As an early adopter of Wise for over 7 years, I can tell you it’s been a game-changer. Finding a way to transfer money from GBP to USD without bank charges felt like striking gold – a simple Google search led me to Wise (formerly TransferWise). Now, with an account that empowers businesses around the world, Wise offers access to 160 countries and 40 currencies, making international finance truly seamless.

Here are the top 10 reasons to be Wise about your multi-currency banking:
1. A Name You Can Trust: The name says it all, and the London Stock Exchange agrees – Wise is a reputable AIM-listed company.
2. Innovation in Your Pocket: Founded by the same minds that brought us the revolutionary Skype (acquired by Microsoft), Wise understands the power of connecting people and finances globally.
3. Security First: Unlike some FinTech firms that bombard you with irrelevant marketing emails, Wise prioritizes your security. They won’t share your details or exploit your contact list for cheap referral schemes.
4. Exclusive Offer: Sign up with my link and get a fee-free transfer of up to £500 – that’s real savings right off the bat!
5. Conquer the US Market: Do business with the world’s largest economy without breaking the bank on international transfers. Wise makes sending and receiving USD affordable and efficient.
But the benefits don’t stop there:
1. Transparent Fees: No hidden charges or nasty surprises. Wise uses the mid-market exchange rate – the one you see on Google – and clearly outlines any fees upfront.
2. Hold Multiple Currencies: Keep your finances organized with local account details for USD, EUR, GBP and more. This eliminates the need for multiple bank accounts and simplifies international transactions.
3. Wise Debit Card: Spend like a local anywhere in the world with the Wise debit card. It automatically uses the best currency for the transaction, saving you money on foreign transaction fees.
4. Real-Time Tracking: Never be in the dark about your money. Track transfers and balances in real-time with the easy-to-use Wise app.
5. Excellent Customer Support: Get the help you need when you need it. Wise offers exceptional customer support through various channels to ensure a smooth experience.
Ready to Be Wise About Your Money?

Don’t wait any longer. Take control of your international finances and ditch the high fees of traditional banks. Get in touch with me today using the contact form below, or simply click here to start a Wise conversation and get a free consultation. Let Wise show you how easy and affordable multi-currency banking can be.

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3 April 2024
Top 10 Tax-Free Havens for Your Bootstrapped Tech Startup

So you’ve taken the plunge, the idea is locked and loaded, and you’re ready to launch your bootstrapped tech startup into the stratosphere. But wait! Before you dive headfirst into legalities, have you considered the tax implications? Let’s face it, navigating the complexities of international tax codes can be a real drag. But fear not, intrepid entrepreneur, for there’s a solution!

This blog post unveils the top 10 tax-free havens that will cradle your bootstrapped tech startup and nurture it towards glorious growth, all while minimizing your tax burden.

1. Cayman Islands: Famed for its crystal-clear waters and white-sand beaches, the Cayman Islands is also a hotspot for startups seeking tax-free havens.

2. British Virgin Islands (BVI): This idyllic archipelago offers a business-friendly environment with no corporate or income taxes.

3. Bermuda: Boasting a stable political climate and a well-developed infrastructure, Bermuda is a magnet for international businesses.

4. Singapore: This Southeast Asian powerhouse is a hub for innovation and boasts a pro-business government with attractive tax incentives.

5. Isle of Man: Nestled between England and Ireland, the Isle of Man is a haven for tech startups with a 0% corporate tax rate on trading profits.

6. Mauritius: This tropical island nation offers a plethora of tax benefits for foreign businesses, including a 0% corporate tax on qualifying income.

7. Seychelles: Sun, sand, and a tax-free haven for your tech startup? The Seychelles has it all!

8. United Arab Emirates (UAE): Dubai, the crown jewel of the UAE, is a thriving metropolis that offers free zones with exemption from corporate and income taxes.

9. Belize: This Central American nation is a hidden gem for startups seeking a tax-free haven with a low cost of living.

10. Anguilla: Rounding out our list is Anguilla, a beautiful Caribbean island with a tax-friendly environment for tech startups.

So, you’ve picked your perfect tax-free paradise. Now what?

Launching and scaling a tech startup requires more than just a sunny location. You’ll need the right tools and resources to propel your venture forward. That’s where we come in!

Join our free trial membership and gain access to an immense $8,000 worth of resources within our remote-first platform, designed specifically to empower the growth of digital businesses and unlock a world of multiple income streams. This treasure trove of resources will equip you with the knowledge and tools to streamline your operations, optimize your marketing, and propel your startup towards success.

Want to fast-track your success? For those seeking a more comprehensive solution, we offer premium packages that provides everything you need to hit the ground running.

Don’t let the complexities of international tax codes hinder your bootstrapped tech startup’s journey. Take action and progress today!

Free Trial Memberships: empowerbusinessclub.com/free-trial

Premium Solutions: empowerbusinessclub.com/solutions

Let’s turn your bootstrapped dream into a roaring tech success story together!

21 March 2024
Bootstrapping Your Dreams: 6 Tech Startups You Can Launch Remotely (Without Breaking the Bank)
Ever dreamt of building your own tech empire? The good news is, you don’t need a million-dollar investment or a Silicon Valley office to get started. The beauty of the tech world is that many businesses can be bootstrapped – launched and grown using your own resources – and operated entirely remotely. This means you can be your own boss, work from anywhere in the world, and turn your idea into a reality.

But where to begin? Here are 6 tech startup ideas that are perfect for bootstrapping and remote work:
1. SaaS (Software as a Service): Identify a common pain point for a specific niche and develop a subscription-based software solution. This could be anything from project management tools for freelancers to marketing automation for small businesses.
2. E-learning Platform: Share your expertise! Create online courses, workshops, or tutorials on a subject you’re passionate about. Platforms like Udemy and Skillshare make it easy to host and sell your content.
3. Content Marketing Agency: Businesses are hungry for high-quality content. Offer remote writing, editing, and social media management services.
4. Mobile App Development: Do you have a killer app idea? With the right tools and coding skills, you can develop and launch your app remotely, reaching a global audience.
5. Freelance Marketplace: Connect skilled professionals with businesses. This could be anything from web development to graphic design.
6. E-commerce Store: The world of e-commerce is booming. Find a unique product or niche and start selling online. There are plenty of platforms like Shopify that make setting up your store a breeze.
The MVP Advantage:

Before diving headfirst into building a complex platform, think Minimum Viable Product (MVP). An MVP is a basic version of your product with just enough features to validate your concept and gather user feedback. This allows you to test the market, refine your idea, and avoid wasting resources on features that nobody wants.

Empower Your Business Growth:

Ready to take your bootstrapped business to the next level? The Empower Business Club offers a variety of “done-for-you” solutions specifically designed to help online businesses achieve faster growth success. Their flagship program, “6 Weeks to Start Online,” provides you with the tools, resources, and mentorship needed to launch and scale your dream business – potentially generating 6 or 7-figure cash flow from the beginning.

Join the Empower Business Club for Faster Growth (with a Bonus!)

The best part? If you join the Empower Business Club during their 30-day free trial, you’ll have the opportunity to participate in “6 Weeks to Start Online” at a 50% discount. That’s right, get expert guidance and support for half the price! Don’t miss this chance to turn your bootstrapped dream into a thriving online business. Head over to the Empower Business Club website today and take control of your future!
21 March 2024
Why Bootstrapping is the Secret Weapon of Tech Startups (and How to Get Started with Zero Cash)

The allure of venture capital (VC) funding is undeniable. Fat checks, big names, and seemingly instant success – it’s the dream, right? But hold on. Before you dive headfirst into the fundraising frenzy, consider the power of bootstrapping.

Here’s why bootstrapping – building your business with your own resources – might be the smartest move for your tech startup:

1. Freedom & Focus: VCs often come with strings attached. You answer to their vision, which might not always align with yours. Bootstrapping allows you to stay true to your core idea and build a product your customers truly need.

2. Resourcefulness & Efficiency: When you’re strapped for cash, you become a master of efficiency. You learn to do more with less, fostering creativity and a scrappy spirit that can propel you further.

3. Customer Validation Before Big Bucks: Remember Dropbox? Their founders started with a simple video explaining their concept. The response was overwhelming, proving the market’s need. This is the MVP (minimum viable product) magic. Build a basic version of your product – it can be as simple as a WordPress landing page – to gauge real customer interest before seeking big investments.

4. Building a Sustainable Business: Bootstrapping forces you to prioritize profitability from the get-go. You learn to generate revenue through creative means, making your business self-sufficient and less reliant on external funding.

5. True Ownership & Pride: The success you achieve through bootstrapping is entirely your own. You built it from the ground up, overcoming challenges and celebrating milestones without owing anyone.

6. Avoiding Dilution: When you take VC money, you give up a portion of your company’s ownership. Bootstrapping allows you to maintain greater control over your business.

So, how do you get started with an MVP and potentially monetize it without spending a dime?

Empower Business Club offers a free platform to help you hone your business idea and explore monetization strategies. This is your chance to validate your concept before seeking external funding.

Ready to take action?

For those with some cash flow, Empower Business Club also provides a 6-week to startup online program – a fast-track to success solution. This comprehensive package equips you with the tools and knowledge to launch your tech startup efficiently. Get started now and take advantage of their 50% discount offer.

Remember, over 70% of startups fail. Don’t become another statistic. Bootstrapping might just be the secret weapon that propels your tech startup towards sustainable success.

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18 March 2024
Launch Your Dream Startup in 6 Weeks: From Idea to Action!
Have you been sitting on a fantastic business idea, but the thought of launching feels overwhelming? You’re not alone! Many aspiring entrepreneurs get stuck in the planning stages, never quite taking the leap.

But what if you could transform your dream into a reality in just six short weeks? That’s right, six weeks to go from concept to a launched startup!

In this post/video, we’ll break down six actionable tips to fast-track your startup journey. But first, let me introduce you to a game-changing program designed to propel you towards success: 6 Weeks Online Startup.

6 Weeks Online Startup is our exclusive done-for-you program that provides everything you need to launch your dream business:
- Weekly Coaching from the Founder: Gain invaluable insights and personalized guidance from a successful entrepreneur to navigate the startup world with confidence.
- Strategic Roadmap: Craft a clear and actionable plan outlining your key milestones, marketing strategies, and financial projections.
- Client-Ready Website: Make a strong first impression with a professional website built to showcase your brand and attract your ideal customers.
- Targeted Marketing Support: Learn powerful marketing tactics to reach your target audience, generate leads, and drive sales.
Space is limited for this exclusive program! So, if you’re ready to turn your startup dream into a thriving business, don’t wait! Here are six essential tips to get you started:

Tip #1: Validate Your Idea:

Before diving in, ensure there’s a real need for your product or service. Conduct market research, talk to potential customers, and refine your concept based on their feedback.

Tip #2: Develop a Minimum Viable Product (MVP):

Create a basic version of your product or service to test with early adopters. This allows you to gather valuable feedback and iterate quickly before investing heavily in development.

Tip #3: Build a Strong Brand Identity:

Develop a clear and consistent brand that resonates with your target audience. This includes defining your brand voice, creating a logo and visual identity, and crafting a compelling brand story.

Tip #4: Create a Killer Pitch:

Learn to communicate your business idea concisely and persuasively. Be ready to pitch to investors, partners, and potential customers in a way that captures their attention and gets them excited about your vision.

Tip #5: Leverage Online Tools:

Utilize a variety of online tools to streamline your operations. From project management platforms to marketing automation software, technology can significantly boost your efficiency and productivity.

Tip #6: Network, Network, Network!

Connect with other entrepreneurs, potential investors, and industry influencers. Attend events, join online communities, and don’t be afraid to ask for advice and support.

These are just the first steps on your exciting startup journey. If you’re serious about launching your dream business in just six weeks, enroll in 6 Weeks Online Startup today! With our expert guidance and comprehensive support, you’ll have the tools and resources you need to turn your idea into a thriving reality.

(Call to Action): Visit our website (empowerbusinessclub.com) or click the link below to learn more and secure your spot in 6 Weeks Online Startup. Let’s launch your dream together!

6wos.empowerbusinessclub.com
21 January 2024
The Top 10 AI Trends That Will Impact B2B Expansion in the Next 5 Years
Artificial intelligence (AI) is rapidly transforming the business world, and it is no exception for businesses looking to expand into new markets. AI-powered technology can be used to automate tasks, analyze data, and make predictions, all of which can help businesses expand more effectively and efficiently.

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Here are the top 10 AI trends that will impact B2B expansion in the next 5 years:
1. Chatbots: Chatbots are computer programs that can simulate conversation with human users. They can be used to automate customer service tasks, such as answering questions and resolving issues. Chatbots can also be used to generate leads and qualify prospects.
2. Natural language processing (NLP): NLP is a field of computer science that deals with the interaction between computers and human (natural) languages. NLP can be used to analyze text and speech data, extract insights, and generate text. NLP can be used to personalize marketing campaigns, create customer personas, and improve customer service.
3. Machine learning (ML): ML is a type of AI that allows computers to learn without being explicitly programmed. ML can be used to analyze data, identify patterns, and make predictions. ML can be used to optimize pricing, forecast demand, and identify fraud.
4. Deep learning: Deep learning is a type of machine learning that uses artificial neural networks to learn from data. Deep learning can be used to analyze complex data, such as images and videos. Deep learning can be used to develop self-driving cars, facial recognition software, and medical diagnosis tools.
5. Virtual reality (VR): VR is a technology that creates a simulated environment that can be experienced by the user. VR can be used to train employees, provide customer support, and create immersive marketing experiences.
6. Augmented reality (AR): AR is a technology that superimposes a computer-generated image on a user’s view of the real world. AR can be used to provide information about products, services, and locations. AR can also be used to create interactive games and experiences.
7. Blockchain: Blockchain is a distributed ledger technology that can be used to record transactions securely and transparently. Blockchain can be used to track the provenance of products, manage supply chains, and facilitate payments.
8. Robotics: Robotics is the field of engineering that deals with the design, construction, operation, and application of robots. Robots can be used to automate tasks, such as manufacturing, logistics, and customer service.
9. Big data: Big data is the collection of large and complex data sets that can be analyzed to reveal insights. Big data can be used to understand customer behavior, identify trends, and make predictions.
10. Quantum computing: Quantum computing is a type of computing that uses quantum mechanics to process information. Quantum computing is still in its early stages of development, but it has the potential to revolutionize AI and other fields.
Xpertizy is a B2B SaaS tech startup providing crucial AI-powered information to companies for successful expansion into countries across Africa and Asia. Let’s talk…
8 September 2023
Emerging Technologies in Healthcare To Get Excited About

There has never been a more exciting time in the digital healthcare industry at the moment, despite the challenges posed by the ongoing COVID-19 pandemic. This is due to the explosion of new health technologies which are designed to expedite healthcare, reduce costs and boost the overall care given to patients by doctors and healthcare professionals such as Hanid Audish DO.

Some of the emerging technologies in healthcare to watch going forward include:

Artificial intelligence (AI)

Healthcare organizations are transforming their procedures as a result of artificial intelligence (AI), which is altering how they handle and derive knowledge from the huge volumes of empirical information and patient data that are now available. Artificial intelligence can be used to design and customize treatment for patients and drug options in a way that is significantly more efficient and precise than what can be performed by human healthcare practitioners working alone. In the long run, it is hoped that artificial intelligence will be able to improve diagnostic performance and predict patient results.

Electronic health records

Progress in health data technology has enabled organizations to save health records in a centralized, cloud-based interface that allows both professionals and patients to have instant access to their medical histories. Therefore, healthcare professionals have all of the information they require at their disposal, which can be important in an emergency scenario, when there is a communication problem, or when a patient is unable of speaking for himself or herself. For circumstances in which doctors from multiple hospitals or clinics must work together on patients with complex medical reports or diagnoses in order to determine the most effective method of treatment for them, this type of healthcare technology is particularly well suited.

Wearable technology

The capabilities of modern smartwatches and other wearable extend far beyond the simple function of counting steps. A range of other functions is possible with these devices, including tracking sleep patterns, monitoring heart rates, detecting heart disorders such as atrial fibrillation, taking your temperature, acting as ECG and blood pressure monitors, and a variety of other purposes. Patients can keep track of their own health by wearing these devices, which can assist in the early discovery of any health problems. If their physicians require it, they can also share the reporting and data with them. Patients who have just undergone surgery can benefit from the usage of wearables to monitor and track their vital signs, as well. In addition to smartwatches, new wearable medical devices are being launched on the market that allows patients and their healthcare professionals to monitor glucose levels, oxygenation levels, and hand movement in patients with Parkinson’s disease, among other things. There is a possibility that more types of wearable technology will become available in the future, such as glasses, clothing, and other devices.

Video conferencing

As a result of the Coronavirus pandemic and restrictions in face-to-face meetings and appointments, hospital patients, their families, and medical staff have all benefited from the expanded use of video conferencing. In addition to ensuring the safety of doctors, nurses, and hospital personnel, video conferencing has assisted in the creation of a richer, more personal connection between patients and their loved ones, as well as the improvement of various other aspects of patient care, as well.

It is always a problem to coordinate care among many healthcare providers; but, video conferencing with patients in the hospital can make the process run more easily. Patients can remain in one location while their complete team of health care providers communicates, consults, and advises them in real-time thanks to instant access to photographs, scans, and other pertinent patient information made possible through video conferencing software. Video conferencing significantly alleviates the frustration associated with this level of patient care, and it also has the added benefit of saving time – it is the perfect collaboration solution.

15 November 2022
4 Technologies For Efficient Work
Today’s work environment is fast-paced, collaborative, and loaded with endless data streams. The digitization of business processes has forced employees to adapt their workflow and adopt new technologies in the workplace. From AI and IoT to blockchain, we see a rise in novel solutions that allow businesses to operate more efficiently than ever before in a modern environment.

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These emerging technologies are designed to streamline operations within any organization by automating routine tasks, identifying redundancies, and enabling real-time communication among team members. Experts like Marta Hall testify about how useful they can be. In this blog post, we explore the benefits of implementing these four emerging technologies in your organization today:

Artificial intelligence

Artificial intelligence is a powerful technology that can be applied to virtually any industry. Businesses use AI to analyze patterns in their data and make better decisions. They can also use AI to automate manual tasks, such as AI implementation will make your organization more efficient by improving customer experience and identifying process inefficiencies. In addition, artificial intelligence can facilitate employee training, empower field agents with knowledge discovery, and enhance customer interactions. For example, AI can be used to organize content, automate tedious tasks, and conduct real-time analytics. AI can also be used to monitor employee performance and flag anomalies in real-time, which helps organizations identify issues and take corrective action.

Internet of Things

IoT is an interconnection between devices through sensors and the internet. IoT-enabled devices can improve business outcomes by increasing operational efficiency, decision-making, and customer relationships. In a workplace, IoT devices can be leveraged for a number of use cases, such as inventory monitoring, real-time location tracking, and identifying potential threats. Even simple office equipment, such as printers and scanners, can be integrated with IoT. IoT devices can improve employee productivity by automating recurring tasks and providing real-time insights into business performance. Moreover, its security features can be leveraged to protect sensitive information, such as customer data.

Blockchain

Blockchain is a distributed ledger that enables secure and real-time digital transactions. Blockchain technology is a decentralized digital platform that can be used to store any digital asset. Businesses are exploring blockchain to address issues related to data security, identity management, and data sharing. With blockchain, companies can create trust among their employees and partners, increase efficiency, and improve customer experience. With data security being a primary concern for organizations, blockchain can be used to manage and secure confidential information. For example, blockchain can be used to maintain a single source of truth for financial data and records. Moreover, it can be used to store customer data securely, which will help businesses achieve GDPR compliance. Blockchain can also be used to create an immutable record of transactions, which can be leveraged by businesses to fight fraud.

Virtual Collaboration

Real-time communication and collaboration tools are essential in the modern workplace. With modern collaboration tools, companies can easily create a virtual collaboration space that delivers real-time notifications and enables online meetings. With collaboration software, employees can access files, manage projects, and communicate with their team members across the globe. Other pieces of technology like the 12g-sdi distribution amplifier can be incredibly valuable if you want to create a broadcast throughout the office so you can address all employees at once.

Remote Working

5 days to consulting online – you’ll receive an online business coaching and advisory session, a business consultancy action plan sent after the session and marketing support for 4 days after the session to empower your six-figure income business. What we provide In 5 days to consulting online:
- One-to-One Virtual 3 hour Business Consultancy Session
- Step-by-Step Action Plan delivered at the session
- WordPress Online Platform with Domain – Consulting online process ready for high-ticket client in-take of business professionals
- Marketing Support – We will build and run inbound/outbound marketing campaigns over 4 days to drive consistent sales revenue growth. Becoming your interim marketing team.
6 week online startup – you’ll receive an online brainstorming/coaching sessions once a week for 6 weeks, documented action plan and marketing support to empower your six-figure income internet-based business. What we provide In 6-week online startup:
- Weekly Virtual Business Consultancy Sessions
- Step-by-Step Action Plan
- Online Platform with Domain – Online process ready for high-ticket client in-take of business professionals
- Marketing Support – We will build and run inbound/outbound marketing campaigns over 4 days to drive consistent sales revenue growth. Becoming your interim marketing team.
Key client growth success – this solution is for a company or individual with an established client base, that has a key client turning over 5 figures a month, that has the potential to bill six-figures monthly following on from gaining access to the Key Client Growth Success program. What we provide In key client growth success:
- Virtual Business Consultancy Sessions – delivered weekly to embed 6 Step Process
- 6 Step Program (Strategy, Value, Information, Technology, Monitoring & Touch-Points) – We will run through a six-step Key Client Growth Success Program developed in a global consultancy firm to empower key client lifetime value and profitability. You will receive the free 6 Steps to Key Client Growth Success which you can click to download. You will also receive this download in your confirmation email, however, you may have already received a copy.
- Online Platform with Domain – For new or existing client service online to empower additional income streams and manage the client relationships
- Marketing CRM Support – We will provide virtual marketing and client support to ensure the six steps are embedded for continuous improvement and revenue growth.
Client testimonials

The brainstorm session with Lena gave me a ton of ideas, resources and leads. Looking forward to exploring my lifetime access.

Lena’s commitment is unwavering. She’s already helped me focus to grow my business and put some challenges into perspective.

We are looking forward to great outcomes from Lena’s bespoke consultancy service
17 June 2022
IT Services For Small Businesses

The digital world is increasingly challenging small businesses. The internet has brought changes in the way people shop, learn and communicate. Small businesses need to be able to adapt to these changes quickly and seamlessly. Companies are expected to have a digital strategy to stay competitive and relevant in this fast-paced world.

IT services are becoming a must for every business today. Small businesses are being hit particularly hard by the current economic climate. The already tight competition between companies has only become worse. These factors have amplified the need for managed IT services.

Managed IT services are essential for small businesses to succeed. Therefore, here is a list of why managed IT services are a must for small businesses and why you should start looking for them now.

Protection from cyber attacks

Today’s cyber attackers have various tools that make it easy for them to find your information and get what they want from your business. Small businesses need more than antivirus software and firewalls to protect themselves from these attacks. They need managed IT services.

Managed IT service companies such as Pointivity Managed Solutions offer better protection than any antivirus or firewall could by providing 24/7 monitoring and response to alerts without being intrusive on your network or slowing down your system.

Moreover, managed IT services can detect new threats in your network before they become an issue. This way, you can quickly take action before the danger damages your company. Managed IT Services also work with you to help you stay compliant with new regulations so that you stay up-to-date with changes in cybersecurity law and technology.

Less downtime

If your business is on the web, you’re likely doing at least one thing that relies heavily on the internet. If you don’t have an IT service, you risk losing customers and revenue when your site goes down.

With a managed IT service, your systems are monitored 24 hours a day, seven days a week, by a team of IT experts who will be alerted as soon as an issue arises. They can then fix the problem before it becomes too much of an issue affecting your business.

Increased efficiency

One of the significant benefits of managed IT services is its ability to increase efficiency. Keeping your business up and running by yourself can be a daunting task. This is especially true for small businesses where time is always an issue. The best way to maintain a company’s productivity is not to let downtime disrupt it.

Managed IT services provide businesses with this vital advantage. Managed IT services will be able to monitor your networks, computers, and other digital assets to maintain their performance and keep them up-to-date on the latest technology. With a managed IT service provider, you don’t have to worry about downtime or any disruptions caused by preventable factors that would result in a loss in productivity.

Predictable costs

Managed IT services are usually subscription-based, which means that you pay a certain fee each month to receive the service. This means that monthly expenses are easier to predict and manage. Additionally, you only pay for what you need in IT services. There is no need to purchase expensive equipment or software upfront when it comes to managed IT services. You can opt for the managed service that offers the most attractive price.

Custom solutions

Managed IT services are customized to your business’s needs. Managed IT providers offer custom solutions for your business, which means you can be sure the service will match your company’s needs.

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12 April 2022
5 eCommerce Challenges You Will Face

There are many eCommerce challenges you will face when running a business. Unfortunately, many of the most common can be the downfall of your site if you don’t address them.

Payment Processor and Site Data Security

The internet is full of data theft these days. There’s a lot of stolen data on the dark web, which is sold to criminals for various reasons, including ID theft and fake credentials. Fraudsters and criminals buy and sell data. Insurance (onesureinsurance.co.uk) can help with liability. But data theft could damage your reputation irreparably, and your customers could suffer. Due to this, many eCommerce companies don’t store personal data after a transaction. Therefore, it is good practice to remove customer personal data from your system after a transaction.

Product Shipping and Pricing Issues

eCommerce ventures rely on order fulfillment to make it. However, getting and shipping orders is tricky. With over ten orders a day, you will require outsourced services. With fulfillment centers, you can sync, store, and ship your orders from their huge storage facilities as and when they come in. But your pricing could be your downfall. Pricing should be realistic based on what you sell in relation to supply and demand. Maybe you can get away with selling a new game console for a bit more than the RRP. But, selling it for hundreds over will lead to dormancy.

eCommerce Challenges You Will Face is Competition

There are millions of blogs and online stores on the internet. Your competition might be run by a very successful blogger, an eCommerce expert, or a large corporation. At the moment, there are 24 million active eCommerce sites. That means you have to specialize by choosing a niche with little competition but high demand, which can be challenging. Otherwise, you will face an uphill battle competing with an established company. Additionally, if you become recognized, the competition will react by offering better deals, something your business might not survive.

Thinking You Will Make Money Overnight

The web is full of failed blogs and eCommerce sites that were abandoned because of an inefficient approach. Lots of people think it’s easy to make money online. But that’s not true. Sometimes it happens, but it’s not common. Success takes hard work, dedication, a willingness to learn, and passion. You won’t be successful overnight, so be prepared for long hours for little pay at first. If you constantly think of money, you will lose focus on what really matters; offering a quality service to your customers. But if you stick it out, you will likely see results eventually.

A Lack of Inbound Sales Leads

Inbound leads can help you maximize sales. For example, suppose a user clicks a link to your video game store from a review. A potential sale is based on a link from a relevant outside source. You can help get your business off the ground with inbound leads. Inbound leads allow customers to come to you rather than going to them, like cold-calling. In addition, relevant content brings customers to your store, such as a blog about your business generates inbound leads. So, a backlink strategy becomes essential for placing your company on the web.

Summary

You can help protect your online business by addressing the issues of data protection, fulfillment, and generating inbound leads. But it would help if you focus on quality, not money.

28 March 2022

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I’m Lena Benjamin—global growth strategist and author of NIFTY, expanding into sustainable fashion and film. With 25+ years of experience in over 30 cities, I advise on UK buy-refurb-sell property ventures and have worked with startups, corporates, and SMEs. From Amazon interest to FT recognition—let’s unlock your next move.

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