Mikkie Mills's Blog (73)

New Technologies that Will Change Business Insurance

The insurance industry has witnessed incredible transformation over the past few years. Stakeholders continue to introduce new technologically advanced techniques and methods to help improve customer satisfaction and offer businesses more robust product and service delivery. As new technology emerges in the form of Internet Of Things, Machine Learning, FinTech, and…

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Added by Mikkie Mills on July 18, 2017 at 4:33pm — No Comments

How IBM is the Game-Changer in Consulting

IBM is one of the largest tech firms in the world. The company, through a number of its consultants, has been playing a key role in the revolution of the provision of consultation services.

 

Healthcare

Through Watson Health, IBM has been useful to health care by…

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Added by Mikkie Mills on July 18, 2017 at 4:30pm — No Comments

What every small business owner should look for in insurance coverage

Small businesses are the backbone of the American economy. Small business owners derive pride from being responsible for the running of their own enterprises. As such, it is important for them to ensure that the businesses are run in a most professional manner. One of the ways to achieve this is through risk management. Businesses are exposed to different types of risk during their operations. It is imperative for the owners to prepare for such occurrences by getting…

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Added by Mikkie Mills on July 3, 2017 at 4:17pm — No Comments

Developing Leadership in Your Employees

While you may want to control everything in your company on your own forever, that is not possible. Some things must be delegated for a business to operate properly. Furthermore, you need to think about the future of the company without you. If you want your business to have a lasting legacy, you need to be constantly thinking about the next generation of management. If you don’t, the entire business may collapse as soon as you step aside.

With…

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Added by Mikkie Mills on June 20, 2017 at 3:53pm — No Comments

Data Analysis And How You Can Do It

 

Data analysis is the process of inspecting, cleansing, transforming, and modeling data. The goal is to discover useful information and utilize it to the best of it’s ability. One can use it to gather conclusions and support decision-making. It’s a rapidly growing job field essential for every business. There are certain skills necessary to be…

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Added by Mikkie Mills on June 15, 2017 at 4:26pm — No Comments

Where You Can Afford to Cut Corners for Your Small Business

Small business owners often need to find creative ways to cut costs in the first few months of business. It’s expensive to start a new business, and navigating all these strange new waters is stressful enough without worrying about the expenses that seem to grow rapidly when a business opens. Fortunately, there are millions of…

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Added by Mikkie Mills on June 13, 2017 at 6:09pm — No Comments

5 Reasons to Expand Your Business Startup

For entrepreneurs, one of the main goals is to see their business startups flourish and expand on a global scale. But a lot of business owners are hampered by the thought of it. After all, managing a small scale business is already challenging, what more if you want to expand it. And yet, if you are going to take a look at it, there are actually a lot of reasons why you should take that big…

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Added by Mikkie Mills on June 2, 2017 at 12:46pm — No Comments

Overcoming the Difficult Hurdles of Starting a New Business

Twenty-two percent of all businesses fail within the first year, according to Business Know-How, and that figure increases to 50 percent after five years. That's why it's so important to fully understand the business you're getting into, who your main competitors are and how large the potential market is for your products or services. If you're just now in the process of…

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Added by Mikkie Mills on May 12, 2017 at 8:28pm — No Comments

5 Questions to Ask Your Agent When Buying Business Insurance

Any business owner has a duty to protect his investments from possible risk and tragedies. Otherwise, all his money, effort, time, and other resources will be in jeopardy. This is the essence of business insurance. There are lots of insurance packages in the market offered by various providers. There are a number of questions that a firm owner should raise in order to figure out which business insurance package works best for his firm. Here are the five questions you should…

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Added by Mikkie Mills on May 9, 2017 at 4:22pm — No Comments

How to Survive B2B Negotiations in a Digital Economy

Business to business negotiations is an important aspect of every growing business. Anyone who has been to any negotiations knows how tricky they can get hence the need to equip themselves…

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Added by Mikkie Mills on May 4, 2017 at 6:26pm — No Comments

4 Ways of Using Analytics to Increase Your Bottom Line Income

The tendency to use analytics to determine how a business spends its revenue and how it runs their operations has become a common thing for business owners in the 21st century. Competition for clients and economic conditions are getting higher every day hence the need to convert the business operations into predictive data. Additionally, statistics…

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Added by Mikkie Mills on May 2, 2017 at 6:10pm — No Comments

5 Mistakes Every Failing Company Makes

At some point, many business owners find that their organizations are no longer thriving. When this happens, it's important to carefully analyze your organization so you can determine what types of mistakes you may be making. Below you'll find five mistakes that could be causing your company to stagnate or…

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Added by Mikkie Mills on April 20, 2017 at 4:54pm — No Comments

Helpful Tips to Save Money for a Small Business Startup

Some small businesses are launched on a shoestring budget of a few hundred dollars, but many others require thousands or even tens of thousands of dollars more to get established. Substantial funds may be required for product development, equipment or machine purchases, office and facility space, marketing and advertising and much more. If you…

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Added by Mikkie Mills on April 14, 2017 at 2:23pm — 2 Comments

Is Purchasing a Company Car a Good Idea for Your Business?

Being an entrepreneur means having to make many important decisions on a daily basis. To make the right decisions on questions regarding serious investments, you have to do an exhaustive cost benefit analysis. 36 percent of business…

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Added by Mikkie Mills on April 7, 2017 at 10:00am — No Comments

How to Transition into Owning Your Business

If you are thinking about starting a small business, you are in good company. There are tens of millions of small businesses across the United States, and the Small Business Administration estimates that 54 percent of all sales in the country are derived from small businesses. These are promising figures, but you may think it would cost a small…

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Added by Mikkie Mills on March 22, 2017 at 4:04pm — 1 Comment

Three Easy Ways to Conquer Your Goals in 2017

It seems that setting a goal is easy but actually achieving a goal can feel impossible at times. Millions of Americans try - and fail - to reach certain goals throughout each year. Fortunately, certain tips can make it easier to accomplish your goals and be successful.

Whether you…

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Added by Mikkie Mills on March 21, 2017 at 4:29pm — No Comments

Tax Deductions Every Small-Business Owner Should Use

Being a small business owner is no simple task. In fact, the vast majority of small businesses don’t last for long. According to an article from Forbes, 90 percent of start-ups…

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Added by Mikkie Mills on March 21, 2017 at 1:48pm — No Comments

Challenges to Expect When Starting a Food Truck Company

Corporate America can wear down its workers and inspire them with entrepreneurial ideas such as starting a food truck company. If you have a passion for food and for running your own company on your terms, this is an appealing idea. However, there are challenges to be aware of when beginning your own food truck…

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Added by Mikkie Mills on March 20, 2017 at 3:38pm — 1 Comment

Pros and Cons of Allowing Employees a Company Car

A company car is usually a vehicle that is provided by a firm for both the business and personal use of the employee issued the car. The company car is issued to employees whose jobs require constant traveling such as a sales manager who moves from one region to another to capture the market niche for an organization's goods. The car could also be…

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Added by Mikkie Mills on March 10, 2017 at 2:04pm — No Comments

Roughing Out the Edges of Your Start Up

If you are planning to start a business, you are probably aware of the rather daunting statistics for launching a successful startup. The difference between success and failure is often a few years of hard work, timing, vision, and sometimes luck. At one point, the vast majority of successful entities were startups. At this point, you may…

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Added by Mikkie Mills on February 23, 2017 at 6:07pm — No Comments

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