Find out the meaning of more than 100 important business terms.
Running a business means grasping the intricacies of accounting, marketing, inventory, people operations and many other responsibilities, and each new responsibility comes with its own jargon. As a business owner, you’re likely to come across terms ranging from A/B testing and accounts receivable to Zapier and zero interest. Below, we dive into the ABCs you need to understand to succeed.
Posted in Tools and Information
Tagged accounting, Business Terms, inventory, marketing, running your own business
Executives at Disney, Yahoo, and other companies show what NOT to do.
Being the boss comes with a lot of responsibilities. They’re the person everyone else looks to for leadership and direction. But what happens when the boss is caught doing things they shouldn’t be? That’s when scandals can hit – and public relations nightmares begin.
A great boss – whether a business owner or C-suite executive – is often not only a role model inside a company, but also the public face of the business outside the office. The person in this role is usually skilled at building brand awareness and bringing positive attention to the organization. Sometimes, however, company leaders make news for all the wrong reasons. Here are some notorious examples and what small business owners can learn from them.
Posted in Tools and Information
Tagged bad bosses, leadership, small business owners
Adobe is updating its Photoshop app with a new AI-powered feature that will allow you to easily make an image larger and add context to the image based on its original subject.
The feature, called Generative Expand, is now available to Photoshop beta users. You’ll be able to expand images in any direction and generate an additional scene for the space with a combination of traditional app tools and AI. It uses Photoshop’s crop tool in conjunction with a text field for a prompt to create the details for the image you want to add.
Samsung has finally added a big cover screen to its Flip lineup with the Galaxy Z Flip 5. After years of offering tiny cover displays that are good for widgets and notifications, but nothing more, the Flip 5 is a major step forward.
Since its launch, we’ve hailed the Motorola Razr Plus as the best user experience on a clamshell foldable because it allows you to get things done without opening the phone — and in a very seamless manner. But with the addition of a 3.4-inch cover display on the Z Flip 5, has it finally bridged the gap between the two flip phones? Here’s a full comparison between the Galaxy Z Flip 5 and the Motorola Razr Plus.
Are you considering working in a startup environment? If so, there are some critical pieces of information to understand when navigating this unique work situation. Working at a startup can bring excitement, growth potential, uncertainty, and risk. Keep reading for startup tips from an experienced consultant for joining startups as we dive into what you should know when joining a startup or about how to join a startup.
Understand The Differences Between Big Companies And Startups
When choosing between a big company and a startup, it’s essential to understand the differences. A big company often provides stability, established structures, and higher salaries, whereas joining a startup is riskier but potentially more rewarding. In a startup, you will likely take on more responsibilities, have more growth opportunities, and contribute to shaping the company’s direction and culture. It’s an exciting and dynamic experience that requires an entrepreneurial spirit and a willingness to adapt to change. So, before deciding, consider the differences and weigh your options carefully.
Employee benefits are one of the most crucial things you will need to offer your workers. Both to make sure you can recruit the best and then keep them over the long term. The good news is you can find out what some of the most popular employee benefits are in the post below.
Parental leave
Did you know that even today some businesses offer zero parental leave? That means people have to go straight back to work after giving birth or welcoming a new baby into their family. Of course, as having a baby is such as big life change not offering time off for people to adjust to this will cause them undue stress, both at work and in their personal lives. It’s also pretty dehumanizing to expect people with such as important event occurring in their lives to carry on at work as if nothing has happened.
Posted in Tools and Information
Tagged employee benfits, Patental leave, popular employee benefits
Most people don’t realize just how many pollutants are swirling around indoors, where they typically spend most of their time.
For example, many of the products we use for cleaning and freshening our homes, schools and workplaces are adding invisible toxins to the air.
“The smell of fresh is not a smell,” says Anne Hicks, a paediatric pulmonary specialist at the University of Alberta.
“If you can smell it, there’s a chemical in the air that’s getting up your nose. So all of that is air pollution, whether it smells good or bad,” she says.
“Indoor air pollution is huge, and it’s a relatively unknown frontier, because even my next-door neighbour’s house has a different air pollution fingerprint than my house would have,” Dr Hicks says.
Posted in Tools and Information
Spotify is raising the price of its single-account premium plan for the first time since 2011 and hiking other services as well.
In the UK, subscriptions will rise by £1 a month to £10.99 for an individual plan, £14.99 for a premium duo plan and £17.99 for a family plan.
The price of a student plan remains unchanged at £5.99.
It follows other streaming services which have also increased subscription costs.
Similar price hikes also apply to the US, Canada and 49 other territories.
In the US, the cost will go up from $9.99 to $10.99 (£8.57) for those with an individual plan.
Posted in News and Views
Tagged premium subscription price, single-account premium plan, Spotify
A class-action damages claim is being brought against Apple on behalf of UK-based developers. The suit, which is seeking a compensation payout that could be as high as £800 million (over $1BN), accuses the tech giant of abusing a dominant position by charging an “anticompetitive” 30% fee on in-app sales made by app makers on its iOS App Store. It also argues UK consumers are missing out as developers are being deprived of money that could be spent on R&D to drive forward app innovation.
Sean Ennis, a professor of competition policy at the University of East Anglia who has held positions at the OECD, US Department of Justice and European Commission, is bringing the class action on behalf of over 1,500 UK-based developers.
Twitter has removed the iconic bird logo and adopted ‘X’ as its official logo. This move comes after Elon Musk announced the change over the weekend. The change is already live on the website.
Notably, Musk tweeted that x.com now also redirects to twitter.com. In the post, Musk also called this an “interim” logo, so we might see another logo change in the future.
The social network might not stop at just replacing the logo. Musk said the company will eventually “bid adieu to the Twitter brand and, gradually, all the birds.”
Late Sunday, Musk changed his profile picture to the new Twitter logo. Twitter’s official account @Twitter has also changed its name and display picture to the new X logo.
Dispatches From The Front 