Business

Inflation has resulted in businesses grappling with escalating production costs, dwindling purchasing power, and the urgent need for pricing strategy recalibration. Here are some strategies to help firms deal with inflation. Monitoring and projections Businesses should closely track key economic indicators and the effect of inflation on their respective sectors of the market. By keeping […]

In today’s demanding business environment, it is crucial for businesses to recognise the importance of establishing equilibrium between productivity and mitigating the risks of burnout. While productivity fuels organisational growth and success, excessive workloads and unyielding deadlines can result in exhaustion and diminished motivation. Burnout, an unfortunate consequence of such circumstances, not only affects individuals […]

The metaverse is an online virtual reality (VR) or augmented reality (AR) space where users can interact with a computer-generated environment and with other users in real-time. It is an interconnected digital universe that extends beyond individual VR or AR experiences, offering a shared online space for people to work, play, and socialise. While the […]

Is your firm’s website accessible and inclusive? Find out how to improve your offering now. In our highly digitalised business world, creating a website that is accessible and inclusive is no longer just an optional add-on, but rather a crucial element for success. Not only does it ensure that all users can access and navigate […]

Use Porter’s Five Forces model to assess the overall competitive landscape for your particular market – here is all you need to know.  Porter’s Five Forces model is a widely used framework for analysing the competitive environment of a particular industry or business sector. Porter’s Five Forces are five separate  factors that can impact business […]

In today’s competitive marketplace, attracting and retaining top talent, fostering employee engagement, and managing workplace diversity can be complex issues that require a strategic approach. To start with, recruiting and retaining talented employees in the current market is a major challenge for many small and medium-sized businesses. While you may not be able to offer […]

On 29 May 2023, Revenue confirmed that the facility to make claims under the extended Temporary Business Energy Support Scheme (TBESS), in relation to periods from 1 May to 31 July 2023, is now open. The TBESS claim portal can be accessed via the e-Repayments system in Revenue’s Online Service (ROS). Businesses who have already registered […]

Businesses need to be vigilant and take steps to manage cyber risks effectively. Cyber-attacks are on the increase and it’s not just large, international corporations that are being targeted. As businesses increasingly rely on technology for their day-to-day operations, they are also exposed to new and evolving cyber risks. Cyber-attacks can not only damage a […]

Chat GPT is an artificial intelligence technology that has the potential to revolutionise the way businesses operate. It is a state-of-the-art language model that uses machine learning to understand and respond to natural language input. It has been trained on a massive dataset of text, allowing it to generate responses to a wide range of […]

Knowing when and how to increase prices in business is imperative but is now a good time to do so? Inflation has been running high for a while, wages are rising and supply chains are still catching up after the disruption of the pandemic. Many businesses are facing increased costs and many managers are considering […]