The Federal Reserve is likely to raise interest rates in the near future if the economy continues to perform well, according to the minutes from the Fed's latest meeting. Federal Reserve Governor Lael Brainard believes that the strong performance of the global economy has reduced the risk facing the US economy.
Reliable Auto Repair in San Jose, Calif., has relied on outsourcing the most complicated tasks as it has sought success on social media. "We have to seek more technologically advanced ways of reaching people that are constantly staring at their phones and computers," said Operations Manager Michael Jidkov.
If you find that your sales team is consistently reaching out to customers but getting very few replies, a change in strategy may be in order, writes Victor Ijidola. The best way to stop this trend may be to give free trials, useful content or other freebies that will ultimately attract potential customers to your offerings, Ijidola writes.
One of the best ways to build a successful sales machine is to do business with the most influential buyers in your market, says ListenTrust founder and CEO Craig Handley. Have your sales representatives share knowledge freely with potential buyers and use strategic selling techniques, Handley says.
Infosys is helping teams gather better insights from their data with its Boundaryless Data Lake solution. Boundaryless Data Lake allows for universal data access and runs on Amazon Web Services, allowing users "to fast-track their data on to the cloud," according to Sandeep Dadlani, president and head of Americas for Infosys.
Grants may be available from states and private organizations to help female entrepreneurs build their businesses, this book excerpt states. Here's a look at grant programs and tips for applying.
Garrett and Melanie Marrero, co-founders of Hawaii's Maui Brewing Co., have been named Small Business Persons of the Year by the Small Business Administration. The Marreros' success illustrates the need to be resilient and learn the intricate details of your business.
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