With this year coming to a close and 2023 on the horizon, a lot of people are beginning to reflect on their unhealthy lifestyle and pondering over how to start the new year with a bang. Living a healthy lifestyle is not only limited to eating right and exercising. It’s also about the reasons behind making these changes in your routine and how well you stick to your newly adopted habits. Here are a few habits to adopt that can help you start 2023 on a healthier note: 1) Change Your Motivation Instead of trying to adopt healthy eating habits and an exercise regimen just to lose weight, change your reasons for making such transformations in your life. Choose good health and happiness as your key motivator. Doing so will help you stick to your goals even when you feel tempted to give up. If you decide to inculcate good…

The Internet of Things (IoT) has progressed rapidly over the last few years. While it has always been present in some form or the other since the 1980s, however, it really came to the forefront in the last decade or so. The applications of IoT in business have grown exponentially from real-time data insights to improving productivity and managing inventory to facilitating automation. With more and more businesses recognising the benefits up for grabs here, the growth potential of IoT is limitless. According to Fortune Business Insights, the global internet of things market is projected to be worth USD 2465.26 billion in 2029, at a CAGR of 26.4% during the forecast period of 2022-2029. Applications of IoT in Business Here are some of the many ways in which business use IoT to improve their efficiency and bring down their costs: 1) Customer Service Companies are able to provide tailored end-to-end…

In the last article about introduction to business networking, I talked what the term means and how it benefits entrepreneurs in various ways Here’s a quick recap to give you brief overview on business networking: Business networking refers to the practice of meeting people to collaborate, share knowledge and cultivate mutually-beneficial professional relationships. Forming such connections helps you in broadening your knowledge base about various business fields and it also applies to working professionals in different sectors. Entrepreneurs use their networks to discover new investment opportunities, promote their brand(s), attract more customers amd diversify into different business segments. On the other hand, working professionals use their networks for referrals, new job opportunities and expanding their skillset in a bid to industry experts and leaders. Different Types of Business Networking Organizations Now that you’re aware about what networking is and how it is highly beneficial, let’s talk about how to network effectively…

Just as much as businesses need to deal with the problems and challenges in the present, they also need to be able to have a clear enough picture of what the future holds. Trends keep shifting, new demands keep cropping up and regulations keep getting modified. A competent business model always includes ways to predict or forecast the future proactively and function in accordance with those predictions in order to succeed. What is Business Forecasting? Business forecasting refers to the process of determining the future for the company in terms of economic volatility, market movement, consumer demand and growing competition. After doing its due diligence, a business must prepare short term-action plans, contingency plans and long-term operational strategies based on the previously determined forecasts. Forecasting is both an art and a science since it uses qualitative as well as quantitative data to predict the future. Accurate and timely forecasting is…