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The medical device market is booming, opening up new opportunities for entrepreneurs. An aging population, advances in healthcare technology and growing expenditures on healthcare are among the factors driving the growth of the market. With an annual compound growth rate of 4.5 percent, the medical device market will be worth an estimated $409.5 billion by 2023, ReportLinker projects. Opportunities are especially abundant for startups proficient in cutting-edge technologies such as 3-D printing, nanotechnology, wearables and big data...

For some people, working in a factory, office warehouse or store is stifling. They want to work outdoors in the fresh air but would still like the business to be their own. There are some outdoor businesses that cost very little to set up and others where more funding is needed. If you are not happy in your 9 till 5 indoor job, perhaps the time has come for you to look closer at some of the options for outdoor businesses, what they involve and the cost of setting them up. Window Cleaning Cleaning windows is the sort of job that...

Working with SVG is not particularly new. SVG format has been a part of the trend since a long while now. Although SVG images are prevalent in website designing or website development nowadays, many people are still not aware of how they work and what are they used for. Well, for starters an SVG image is a vector based image developed majorly for the web. All significant and popular web browsers support this format, and there are so, so many software that works through it. Even Microsoft Office’s latest update has SVG support....

Women entrepreneurs are storming ahead amid a host of challenges. The National Association of Business Women reported that in 2017 women were at the helm of over 11 million businesses in the US. Even so, women still rank in the minority column when it comes to business ownership. Consequently, female entrepreneurs find it harder to fund their businesses to optimize growth. They routinely encounter investors that adhere to a different measuring stick when it comes to gender. Maybe you’re one of those women who experience having...

New technologies can help to streamline a company’s operations, making them more powerful and efficient than ever before. Despite their benefits, many business leaders are failing to embrace various technologies, which could ultimately allow their competitors to gain an industry advantage. If you want to create a sustainable business and build a brand that is ahead of the curve in 2019, find out how technology can supercharge your team’s productivity. Improved Employee Morale Slow programs, manual tasks, and insufficient...

Cloud-based technology is the new revolutionary move for businesses in today’s society. There a huge range of benefits that come along with using online software to store your documents and more, rather than relying on physical storage devices. You might be wary of using a cloud-based online software, but this is likely only due to you being uneducated as to what they entail. Let’s have a look at how cloud technology solutions can revolutionise your business strategy. Flexibility and scalability One way that...

People go into business for different reasons, but one thing that can almost be taken for granted is that everybody wants to make a profit.Otherwise you might as well be throwing cash away! We all know that profit is the key to a successful business, yet some of us are unknowingly cutting into our returns without knowing it. Here are 5 ways you could be damaging your income without knowing it. Weak Customer Service Customer service today has changed a lot from what it used to be. There was a time when this department existed...

We are living in an age when digital technology is shaping almost every facet of our lives, even the management of the front office. With this, one technology that can be used in the office is a digital receptionist. It can offer a plethora of benefits, including those that will be briefly mentioned in the rest of this post. Reduce your Expenses Employing a full-time human receptionist is an additional expense that you can actually do without. Visitor registration can be completed with the use of a digital receptionist instead....

Owning a business comes with change, growth and expansion. And whilst business is booming, sometimes we forget the necessities that keep it going. Follow the advice below, and watch your business grow from strength-to-strength.   Keep your Business Information Up-to-Date Your customers shouldn’t have to spend hours trying to reach you, and when they do, they shouldn’t be using outdated information. The most successful companies make sure they are easily accessible.Take a few minutes every two months to update and validate...

The near exponential rate of technological advancement posesmore opportunities than ever before—and more potential problems within anorganization. That’s why successful leaders atall levels respond to changes in the business environment by seizingopportunities and developing new ways of doing business. “Embracing evolving technologies will definefuture growth markets,” says Stuart R. Levine, who leads an international strategic leadershipdevelopment firm in New York.Levine’s number one tip to leaders whoare facing industry...