The widespread economic disruption triggered by COVID-19 in the USA had left the small business segment battered and bruised. The initial impact of the pandemic in America in March 2020 was extremely shocking, both for health and the economy. Rampant closure of businesses almost overnight and surging unemployment that reached levels never seen since the […]
Tag: Business and Economy
Industry 4.0 And The Foundation Pillars!
Have you heard of Industry 4.0? Yes! No! Maybe! Well, if you are in the manufacturing sector, then you may know about the 4th revolution in the industrial sector. This term refers to the development of manufacturing processes and chain production. The 4.0 is the evolution of the fourth phase that grew popular in 2011 […]
Industry 4.0 for Laymen
In contemporary times, we are seeing a tremendous change in the way products are being manufactured, in various industries. This is with respect to the usage of several sophisticated technologies in different manufacturing processes. Market experts call this major change “Industry 4.0”, to indicate that this technological surge in the manufacturing sector is the fourth […]
Understanding the Term and Beyond – Industry 4.0
Technology has a crucial role in every sector of the modern business world and every aspect of human life. There is no question that the increase in connectivity has helped lead to a revolution across several industrial sectors, including manufacturing, distribution, and development. However, it can get tricky to explain Industry 4.0 for a layman. […]
Challenges For Business During The Pandemic
One virus, infection spreading rate high, human beings clueless, and it results in chaos – Pandemic brought everything to a stand-still. Over the past two years, the world economy is wobbling and struggling to bounce back. There are several challenges for business during the pandemic. These include loss of market, governmental restrictions, struggles with logistics, […]
Software Apps to Boost SMB Productivity And Performance
Business management software and plugins support in improving the automation of the core business process. The software not only boosts the overall business performance but helps increase operational visibility and ensures data security. Software apps to boost SMB productivity and performance can target several gaps that form in the business. Some of the major areas […]
The Economic Dynamics Of SMBs After The Pandemic
Pandemic has brought sales and businesses on their knees. The changes are immense and forced the world to emerge into newer operations and opportunities. Small, medium, and even large businesses are all experiencing challenges. To explore the SMB (Small and Medium business) manufacturing of post covid & issues; you must foremost comprehend the extent of […]
Small Businesses Play an Important Role in the US Economy
The title says it all and it’s true… For many, small businesses are just local businesses and it is the big industrial giants that are contributing to the economy of the US. We need to correct them and change their wrong perception. Studies show that small businesses employ over half of US workforce. According to […]
Attract New Business Leads with the help of New Technology
All business entrepreneurs are constantly searching for the new leads but they are hardly getting the leads. Entrepreneurs spend more money and time on acquiring the new leads. New technology brings the business opportunities both online and offline. It is the right opportunity to the entrepreneurs to promote their business in internet. They have many […]
Forbes Report on the U.S. Small Businesses in Smaller Metros
Some businesses plan to choose their headquarters at major metropolitan areas and some do not. It is generally felt that small venues are found to be the best places for small businesses. According to the Forbes study in combination with Moody’s Economy.com, it was found that small places having populations of less than 245,000 were […]