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How To Accelerate The Growth Of My Small Business?

Growth is one of the most important aspects of creating and developing any small business. Furthermore, growth is extremely crucial for the long-term development of an organization.

Organizational growth can enable your small business to fully take advantage of all available opportunities, attract the best human resources, increase marketing communication and increase sales and overall organizational performance. There are several smart business practices that your business can undergo to facilitate and encourage organizational growth.

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How To Speed Up Sales

One of the key indicators of a successful business is its current amount of sales. Sales metrics are not only indicative of a company’s current performance but also the potential for prospective future growth. Therefore, almost any company with long-term organizational goals and objectives in terms of growth and scalability must prioritize increasing sales.

However, as targeting new customers becomes more and more difficult over time with the integration of digital technology, some businesses may not be able to utilize the same sales tactics and strategies that were once effective for their products and services. Read more

How To Predict My Company’s Results

Predicting organizational results and key company behavior is one of the most crucial processes that can help businesses foster future success, scalability, and long-term growth.

Forecasting future organizational performance has a wide variety of advantages, such as helping businesses gain valuable insight, refining existing strategies, fostering self-reflection in terms of which strategies are not effective and do not align with organizational objectives, and decreasing operational costs.

Studies have shown that 67% of businesses lack a consolidated and formalized approach to forecasting. Therefore businesses must understand how to predict company behavior.

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Is Cloud Computing Really Safe?

Cloud computing is defined as the delivery of various technological solutions such as data storage, databases, servers, and analytics through the internet. As digital technology continues to evolve, many businesses are beginning to integrate the use of cloud computing into various business processes and functions.

Cloud computing can help businesses reduce operational software costs, facilitate cross-departmental collaboration, automatically update software, increase data accessibility and ensure that different types of software are compatible.

Although many businesses may be highly concerned about shifting towards cloud computing, studies have shown that it is extremely secure and can even help businesses implement advanced data security features. 94% of businesses stated that they experienced significant online security improvements after moving their data to the cloud.

How To Make Cloud Computing Safe?

1) Real-Time Data Monitoring

One of the most effective methods of protecting digital security and encryption is carefully monitoring usage patterns and user activity to identify deviations and digressions from normal acceptable patterns. The irregular patterns usually indicate a data breach or a vulnerable aspect of your system.

However, unless this data is monitored in real-time with minimal delays, security threats may already significantly impact the security of your digitally stored organizational data and information. However, many cloud-based solutions provide users with constant real-time data activity monitoring and identity authentication management.

 

2) Data Security Features

According to IBM, the estimated approximate global average cost for a data breach is $3.86 million. Therefore, before choosing a cloud-based platform, it is crucial to ensure that it contains all the required security features that your organization may need. An effective cloud solution should be equipped with activity monitoring features, authentication access modification, and encryption controls.

Planet Crust’s 100% open-source, cloud-based solutions have numerous security features and can even be privately hosted on your business’s firewall.

 

3) Data Backup Support

Studies have shown that 40-60% of small businesses will not reopen after a significant data loss. Therefore, modern businesses must ensure that they have adequate data backup storage at regular time intervals.

Cloud-based data backups have numerous advantages, such as saving scarce financial and organizational resources, providing comprehensive data protection in the event of a data loss, ensuring a high level of data accessibility, and facilitating scalability.

 

4) Monitor Authorization Access

Although cloud solutions can ensure that employees can easily access organizational data, information, and resources, many employees do not require access to certain sources of data. Therefore, it may be beneficial to carefully monitor and refine user authorization access of certain sensitive types of data to ensure that your business’s data security is protected.

Planet Crust – A Secure Cloud Destination:

Planet Crust’s open-source, low-code solutions are the perfect secure, cloud-based solutions for your business. Your business can help make its cloud computing initiatives more secure by monitoring data in real-time, taking advantage of various data security features available with cloud-based platforms, and monitoring authorization access.

Planet Crust’s CRM solutions are equipped with role-based access tools, multi-factor authentication, identity management, instant deployment features, advanced chart building tools, flexible data modeling, scalable architecture, and much more. Try a demo so that your business can take advantage of the various benefits of secure cloud computing technology.

How To Set Up E-Commerce Adapted To My Business

As digital technology continues to evolve at an exponential rate, both traditional retail organizations, as well as modern enterprises are beginning to shift towards e-commerce.

E-commerce is defined as any business or commercial transaction that is administered through the internet or o through online communication channels. Studies indicate that 95% of all purchases made will be through e-commerce by 2040.

As more and more businesses continue to increasingly implement e-commerce into their product distribution strategies, it is extremely crucial for businesses to understand how to adapt their business to e-commerce.  

How To Adapt Your Business To E-Commerce

1) Blueprint Customer Experiences

When introducing an e-commerce oriented business strategy, it is essential to ensure that customers have adequate communication channels with your organization. By designing and developing customer journeys and experiences, your business will be able to minimize potential areas of disagreement and grievances through the shift to e-commerce strategies.

73% of customers stated that customer experiences help influence and drive their purchase decisions. Therefore, it is crucial to ensure that prospective consumers have access to efficient search and navigation, customer service representatives, and order management facilities. This will not only help significantly increase customer satisfaction but will also help increase your business’s long-term profitability.

 

2) Leverage Metrics To Refine Organizational Objectives

Once your organization begins to shift towards utilizing of e-commerce strategies for business development, it is imperative to ensure that relevant and accurate metrics are being collected.

These metrics will not only help you closely refine existing operational processes but also develop future e-commerce strategies. Performance metrics can help your business improve customer experiences, improve existing processes, closely monitor the utilization of scarce organizational resources, and much more.

Planet Crust’s solutions are equipped with powerful and advanced data reporting tools that can help your business closely monitor performance metrics to ensure that organizational goals and objectives are being achieved.

 

3) Reevaluate Long-Term Strategies

E-commerce business strategies differ greatly from traditional operational processes. Therefore, your business must closely examine and reevaluate existing long-term strategies and reconstruct future growth strategies.

Therefore, when shifting towards a focused e-commerce approach, you must ensure that employees are aware of shifting priorities, continuously optimize customer experiences, establish a comprehensive plan to achieve shifting organizational goals and objectives, and understand and adapt to changing industry trends.

Planet Crust – Build Your E-Commerce Platform

Planet Crust’s open-source, low-code software is the perfect tool to help your business build an e-commerce platform that can help you blueprint customer experiences, utilize metrics to develop and refine organizational goals and objectives, reevaluate long-term strategies and undergo methodical implementation.

Planet Crust’s solutions are equipped with data-rich dashboards that can provide a 360-degree overview of organizational information, visual workflow builders, drag-and-drop editors, advanced data reporting tools, instant deployment features, cloud-ready architecture, flexible data modeling, responsive web interfaces, and much more. Try a demo so that your business can build its own secure and efficient e-commerce platform.

What Is The Difference Between ISV and COTS?

As digital technology continues to evolve, cloud-based technology and computing processes are being increasingly integrated into modern day-to-day business processes. Studies have shown that 50% of enterprises spend more than $1.2 million on cloud-based services annually.

An Independent Software Vendor (ISV) is defined as a software publisher that generates, develops, and distributes commercial software through licensing agreements. These commercial agreements may either be one-time licenses or time-interval-based subscription plans. ISV companies retain all ownership and intellectual property rights.

Commercial-Off-The-Shelf (COTS) software is defined as commercially available packages software that is ready-made and instantly available for the use of the general public and other interested parties. COTS software is commercially produced and distributed to users and does not require any modification.

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How To Make My Company’s Departments Collaborate Better?

One of the most important aspects of any successful organization is fostering open cross-departmental collaboration. Organizational collaboration can help facilitate better decision-making processes, open new communication channels, improve job satisfaction, increase employee retention rates, increase efficiency and productivity.

Studies have shown that extremely well-connected organizational teams demonstrate a 21% increase in profitability. Therefore, it is crucial for organizations to understand how they can increase overall cross-departmental collaboration and help individual departments collaborate more efficiently.

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What Can I Learn From My Business Data?

Data is one of the most important aspects of any successful business. As the value of data continues to increase and is further commoditized, modern businesses must recognize the value of data collection and data analysis to correctly identify valuable insights.

Data insights have numerous advantages and can help facilitate more informed decision-making processes, need anticipation, predictive modeling, risk management, and much more.

Studies indicate that the average ROI for organizations that utilize business intelligence and analytics is approximately 1300%. However, as the amount of data that businesses are expected to collect, track and analyze increases exponentially, you must understand how to identify and derive business insights from organizational data.

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What Are Innovative Solutions For ISV In 2022?

As digital technology continues to evolve, the integration of innovative solutions into modern business functions is increasing exponentially. Furthermore, as newer technology continues to be made available, modern organizations are expected to keep track of and incorporate contemporary technology and trends into various business processes.

According to Gartner, 2022 projects the highest growth rate for IT budgets over the past decade, with a 3.6% increase over the previous year. This indicates a heightened reliance, dependence, and adoption of innovative technological solutions over the next year. Therefore, modern enterprises must be aware of the latest trends for innovative ISV solutions to facilitate long-term growth.

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Is a Spreadsheet The Best Tool To Organize Work?

As our modern business landscape continues to shift, today’s organizations have more responsibilities and day-to-day tasks than ever before. Therefore, organized documentation and effective task management are extremely vital aspects of operating any successful organization.

However, this can be time-consuming, impractical and can ultimately lead to potentially disastrous human errors if performed manually. According to The Wall Street Journal, executive-level employees in the United States spent approximately six weeks per year retrieving misplaced information.

Therefore, it is very useful for modern businesses to take advantage of the various advantages of digital spreadsheets to organize personal and organizational data.

Your business can utilize spreadsheets to highlight important data, utilize pre-made documentation templates, sort data according to specific factors, use multiple different spreadsheets in the same file and use automatic mathematical functions to avoid the possibility of human error.

Planet Crust’s CRM Suite can help users automate workflow processes, build cloud-based centralized calendars, create customizable enterprise software, and much more.

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