If you are in the US and selling goods and products. Then you are fortunate. In the US, there are some products that are exempted from any taxes throughout the supply chain. However, other nations are more inclined towards Value Added Tax (VAT).

There is a basic difference between these two taxation methods. If you are a student and want to pursue a career in taxation. Then here are the differences that you must need to understand.

What Is Sales Tax?

A sales tax is the tax collected by the retailer at the end of the selling process. For instance, if a company is a manufacturer of refrigerators, the company will not pay sales tax on the refrigerators. Instead, the company will pay tax on the safety equipment that the employees are using. The equipment is not part of the final product. Hence, the company is liable to pay taxes on that.

Here are some of the typical sales that are exempted from sales tax.

• Goods purchased as resale.
• Components or parts purchased to make the final product.
• Machines that are directly used to make the goods.
• Container and packings.

What Is Value Added Tax (VAT)?

A VAT or Value added tax is a form of tax that is collected throughout the supply chain. That means suppliers, distributors, manufacturers, producers, retailers, and wholesalers collect tax on every qualifying sale. The US does not have any concept of VAT, but some other countries consider VAT as Goods and Service Tax (GST).

Let’s understand VAT in a much more practical way. A component manufacturer buys raw materials from suppliers. Other organizations then assemble the parts. Then the retailer sells these computers to individual consumers during every phase of the cycle. A value is added to the product.

The VAT covers only the entity’s extra value and not the original price of the product.

How Is Sales Tax Different From VAT?

One of the most highlighted differences will be perhaps the two’s documentation requirements when we come down to differences.

In the retail environment, the sales tax is established, and the consumers cannot do anything about it. The rate of sales tax will be the same at every level of the cycle. However, with the VAT, things change. In VAT, entities dealing with the product need to maintain thorough documentation to claim the VAT.

The VAT system imposes a sense of responsibility and self-governance on the system as the entities are entitled to look at the network as no to pay more than they can afford or less than the products worth.

Key Difference Between Sales Tax And VAT

For those who are not well aware of the key differences, we have listed the key points that will make it easier for you to understand.

1. Sales taxes are the taxes businesses pay on the sales. But VAT is the addition of the value that is done by every entity throughout the supply chain (producer, manufacturer, distributor, retailer, etc.).
2. Sales tax is a single-stage tax, where the taxation percentage is fixed. However, in the case of VAT, it is a multi-stage tax. The value is added at every stage of the supply chain.
3. In the sales tax, entities can evade taxation. But with the VAT into play, taxation is checked at every level. Hence, evasions are reduced to none.
4. In the sales tax, there are times when the phenomenon of double taxation takes place. However, this cascading effect can be caused by the VAT system.
5. The sales tax is charged on the total value of the product. But in the case of the VAT, VAT is charged only on the value-added to the products.
6. Sales tax is easy to calculate. However, VAT is quite complex, and you need a learning curve before you can calculate VAT.
7. Sales tax has been the reason for the increased tax burden on Consumers. But in VAT, taxation is rationalized.

Need Help With Filing Tax Return?

The concept of the sales tax return can be confusing for many businesses. This is where we can help you with the relaxation procedure. We, Taxconnex, have partnered with hundreds of clients to offer them our best services. If you are willing to work with us, we can help with sales tax.

 

With the concern surrounding the spread of the novel coronavirus, and the contrasting opinions among the general populace, workplaces across America are facing a new job-related risk. While the spread of traditional illnesses, such as the flu, don’t typically call workers’ compensation policies and lawsuits into question, the high risk of damages and dangerous side effects may give victims grounds for legal action. Though it is difficult to pinpoint the source of contracting an illness in the midst of a global pandemic, individuals who can prove negligence may be able to sue to recover damages if they contract COVID at work. This is especially beneficial for victims as the spread of COVID-19 can easily lead to lost wages due to lengthy quarantines and high medical expenses from hospitalization.

Workplace Injuries Vs. Workplace Illnesses

In accident based work injury cases, claimants can typically refer to a specific moment in time that led to the injury or disability. Whether it be a slip and fall incident, or a work-related car accident, a person can articulate and report a clear cause-and-effect timeline of events. This allows a negligent party to be clearly identified and held responsible. This is especially true in accidents involving a company’s violation of an employee’s right to a safe work environment.

When illnesses come into play, however, building a case becomes much more difficult. The mass spreadability of illnesses such as the flu or the novel coronavirus makes it hard for claimants to specify when exactly the illness was contracted. This becomes easier when test results can be traced back to specific dates or workplaces are found to be violating the individual’s right to safety by not observing social distancing, mask policies, and respecting quarantine requirements.

Negligence, Burden of Proof, and Tort Law

For an employee to hold an individual or employer accountable after becoming infected with COVID, there must be evidence supporting the claim that he or she was exposed at work. This makes it significantly easier for a claimant to prove negligence, a necessary component in a workplace injury or illness claim. A clearly identifiable negligent party can be held liable if it can be proven that he or she acted outside of what are considered reasonable standards. A claimant can also prove negligence by identifying that a person spread the infectious disease knowingly. This can be accomplished using dated test results.

An employer or individual who knowingly violates a person’s right to workplace safety by exposing others after a positive test result or failing to honor state and local ordinances regarding COVID-19 related policies can be held liable even though no criminal act was committed. This is because of Tort Law, where a person can be held liable for damages or injury resulting from his or her negligence or malice. Tort law can apply in claims involving the spread of infectious diseases as well. Cases involving the known transmission of sexually transmitted diseases have used Tort law and burden of proof in successful claims. The burden of proof must transcend reasonable doubt in these circumstances, meaning it must be abundantly clear that an individual was knowingly the source of a workplace outbreak.

Damages Resulting From COVID-19

Contracting COVID-19 can result in a variety of damages. A person may become sick enough to require hospitalization, racking up high medical bills. Additionally, more severe cases may lead to lost wages as a result of extended time away from work. Pain and suffering, or permanent physical side effects are other considerations for damages.

Some people get the best education but end up not getting any job in the future. It feels unpleasant to work hard in school and tarmac for the longest time. When choosing a career, you should know what you have to get after you are complete school. You do not have to go for something that offers less. It is good to go to school, but since technology is growing every day, you will need to stay up to date.

Most technical opportunities require an outgoing person who can figure out new things. Do not stress yourself because not all chances expect one to be a computer wizard. Some of the jobs involve both software and hardware. Employers depend on the people they have employed to make the right decisions using the data they have. They should also know whatever their customers want and work on that. There are skills that one should not miss if you need to get many opportunities now and soon, so don’t hesitate to do my calculus homework. Here is a list of jobs to consider;

Mobile Applications Developer

Mobile development grows fast across the world. Many businesses cannot work without mobile technology, because the developers have so many opportunities around the world. The professionals can know what works best for smartphones and how to create them. They work on different things starting from making to testing phones. They have a bright future because of the pleasant salary they take home.

Data Architect

Data requires a lot for it to work well. Employers cannot do it on their own, thus need people who can help them. As technology continues to grow, so is data, and it has to grow well without any mistake. A single mistake can take a company back. Many businesses are looking for data architects to help them manage data and solve any database problems.

DevOps Engineer

These are in between the people who code and engineers. They are in demand because many companies are trying to advance their services. They can make sure software works efficiently to enable a company to reach whatever level it wants. For you to be a DevOps engineer, you need to practice for years so that you have the necessary skills required. You will be able to pocket a maximum of $120000. They must also have an idea of the different coding methods and how to use them.

Compliance Manager

It is work that requires a lot of experience. Your job will be supervising the improvement of risk controls. You will also have to work with your team in implementing the right procedures that will work well with the company. You will need to have a degree and experience of more than seven years. Compliance managers are in high demand out there. Mostly, when you have the correct attributes that suit the job. The more experience you have, the more money you make from your work.

Marketing Analytics Manager

Employers need marketing analytics all over the world. If you are focusing on it, be ready to conquer the world because you will make more than enough. Your work will mostly be to work with other partners to make sure that the company grows massively. If you can get employment, you will be able to make a maximum of $97000.

 

Looking to scale your content marketing? You will need the guidelines to keep your content reliably on-brand. Figure out how to make a style guide here.

Creating one content is an urgent step that is easily overlooked. But it’s worth your time.

Introducing your brand image reliably can increase the revenue by 33%.

Also, the company’s image consistency isn’t just about logos, it’s additionally about the picture and character you pass on in your content.

In case you don’t have a style guide as of now, don’t whip yourself. Many Digital Marketing companies begin delivering content before setting up a guide, still, end up generating good leads for them Before everything, let’s check what a style guide is, and why you need one.

Style Guide and its importance

A content style guide is generally a document in a PDF file, webpage, slide deck, or word doc – that explains the rules and regulations of creating content for your brand.

• Your content methodology subtleties what type of content you will make, and when.
• Your content style guide manages the stray pieces of making that content.
• It gives your content makers specific directions on the most proficient ways to create on-brand content.

A style guide additionally sets the guidelines for more reasonable issues of writing:

• Should it bea white paper or a whitepaper?
• Which words need to be capitalized in headers?
• Is your tone relatable and fun or legitimate and educational?

A style guide keeps everybody on the same page. It’s occasionally dominated by its flashier and the visual style guide. A few SEO agency companies join their content guide into their general branding guide.

Be others make it its different entity.

Depending upon how included your content guide is, you can select what works best for you.

The need for a Style Guide

Everybody makes content nowadays: salesmen, executive heads, SMEs, etc. You need one rulebook to keep all of you walking to the beat of the same drummer.

Without a style guide, the content made by various makers is everywhere.

It is highly unlikely to not maintain the principles when they aren’t documented. When you begin scaling your content creation, things can truly gain out of power.

Planning, creating, and distributing content occupies a ton of time. A style guide keeps your content on the correct path.

Steps of Writing a Content Style Guide

• Start by Swiping: There is no point to make your style guide from the beginning. You can begin with an old dedicated style, for example, AP Style or The Chicago Manual of Style. Or then again you can go with one of the more current guides that are accessible online, similar to Mailchimp’s or Mozilla’s.

The way towards this step is swiping. Swipe away.

• Mention Your Content Mission: Why do you make content? Think of your objectives for your content marketing program and work in reverse from that point. Having a documented mission keeps you genuine as you build up each bit of content.

  Make that extra effort to think about the reason behind your content. Is it to enlighten? To engage? To clarify complex issues? Report what you need your content to do and be for your crowd.

• Set Your Voice and Tone: This is the truly smart aspect of the style guide. This segment of your guide would depict how your content goes over to your audience.

Your voice and tone should go hand in hand with your brand’s image. The video marketing agency, Prism will be the best fit to evaluate your content on this note.

Google’s designer style guide gives a Goldilocks-style table outlining how to get their voice and tone just right.

• Lay the Ground Rules for the Basics: Now it is time to keep aside the law. and focus on the basics.
• Do you use the Oxford comma?
• Either use numerals or write numbers out?
• To emoticon or not to emoticon?

The guide will back you up for the rest of the time (or until you change it).Regardless of whether you decide to observe the rules from a mainstream style guide, it’s a smart idea to sketch out basic usage practices and provide examples.

Look below to find how it clears the confusion.

 

• Address Specific Types of Content: Different kinds of content may expect you to switch up your tone of voice. This is an opportunity to plot best practices for the kinds of content that you make.
• Document Your Rules for Graphics: While your visual style guide goes inside and out on the most proficient method to use logos, pictures, and visual design components, your content style guide should feature some direction for pictures, as well.

Your design group may not touch each blog or content piece you produce. Should pictures be left, right, or center-aligned? Are there specific kinds of pictures to avoid?

Put those principles in the guide to ensure brand consistency.

Final Tips of Style Guide

Now you are aware of what a content style guide is, the reason you need it, and how to do it. It’s the ideal opportunity for you to begin making your guide. Also, the guide is just as good as your ability to implement it.

Somefinal hints for an effective guide:

• Make it effectively accessible to your content makers: Regardless of whether it’s on the web or shared folder, this should be known and accessible to them.
• Follow it when giving feedback: Adjusting your style norms can require some time. Continue pushing your makers to take a look at it so the guidelines can truly sink in.
• Make it simple to read: A style guide can be a beast of a document. Break it into pieces that users can undoubtedly comprehend.

When progressed well, a content style guide can be a key step towards delivering content that establishes a long term impression with your audience.

 

 

Investing in rental properties is a good option for many, but this venture can sometimes be risky. Being a landlord, you always have liability risks, and your property can get damaged or destroyed.

Here, rental property insurance can aid you in Massachusetts to protect yourself and your properties from varied types of risks that accompany this kind of investment. In simple words, landlord insurance is a policy for you if you rent out a home that you own.

It is an insurance that typically encompasses two different types of coverage: property and liability protection. The purpose of both the coverages is to protect you, the landlord, from any sort of financial losses.

Landlord Property Protection 

The property protection in your landlord insurance policy characteristically helps cover your physical property related to the home you plan to rent out. It can include the house itself and the equipment you keep on the property site to maintain it.

Coverage Mostly Includes:

• Dwelling

Dwelling coverage helps you pay to repair your rented home, condo, or apartment if fire, lightning, wind, hail, or other covered things harm your space.

• Other Structures

This area of your policy helps you pay for repairing detached structures on your rental property, like a detached garage or fence, if they get damaged by a covered loss.

• Personal Equipment for Maintaining the Rental Property

If you leave a snowblower or lawnmower onsite to maintain your rental property, landlord insurance can help cover this equipment if it gets damaged. However, if you left your vehicle or DVD player at your rented home, rental property insurance may not cover it.

Keep in mind the above types of coverages have some limits and deductibles given in your specific landlord policy. Your deductible is the sum you will pay for a covered loss before your rental insurance kicks in.

What is a Limit?

A limit is the maximum amount that your policy will pay after you suffer a covered loss. Every single coverage typically has its own separate deductible and limit. You may also be in a position to set your deductible and limit amounts for such coverages.

Landlord Liability Insurance

Landlord liability insurance is mostly known as liability coverage. It is an insurance plan particularly tailored for rental property owners. It is your safety guard against any financial damages you may experience if any visitor or resident tries to sue you for specific damages.

These damages can be in different forms. For example, it can be a financial problem, physical injury, emotional-offense, or even adverse death. Hence, landlord liability insurance is here to rescue you and can bear all your legal expenses, as well as hefty medical fees.

However, the attributes of legal claims are not one size fits all. You will find them in different forms. These encompass anything from theft, falls and slips, property damage, to various others. Because of this, the coverage will shoulder the expenses that come with your legal defense, no matter if you are guilty or not.

Who Should Take Landlord Insurance?

If you are an individual or a business in Massachusetts and have leased out your residential properties, you should consider purchasing a landlord policy. Mostly, sole proprietors, LLCs, and other corporations go for landlord insurance.

Though some of these structures offer you some legal protections, the protections that landlord property and landlord liability insurance coverages offer you are still important.

To sum up, it is crucial to speak with an agent who has experience with property rental insurances to help you choose the suitable rental property insurance. After all, not every landlord insurance policy is created equal.

 

How do you know the customers who shop at your business once will come again?

It’s difficult to stand out as an enterprise these days, even when you compete at a local level. If you have no strategies in place, you’ll have a difficult time keeping up with your millions of competitors. You’re likely to fade into obscurity before long.

Don’t give up yet.

We’re here to show you how to retain customers. With our tips, you’ll have a more loyal customer base and get more revenue. Read on and find out more:

1. Offer Customer Service Surprises

As a society, we love pleasant surprises. So, when you want to nurture your customer base, think of valuable offers you can offer without them knowing it. Take note, you need not spend a fortune to offer surprise packages or offers.

A surprise is something as simple as delivering a handwritten note to your customers. Even this small gesture can mean a lot since customers feel like you value them. It’s easy to imagine how much time you’d take out of your day to write these notes to customers manually.

Customer loyalty comes from standing out from other competitors. To do this, you must go for the extra mile beyond what you normally offer as a product or service. That’s why surprises are great motivators for customers.

The best part is that surprise can come as appreciation. This is a big plus since appreciation is a major motivating factor for them to become loyal. So, when you appreciate people, your customers feel excited about working with your company.

2. Set Proper Customer Expectations

No matter what business you’re in, always give your customers something positive to look forward to. It’s because customer service must now go beyond answering queries and solving complaints. You must meet their expectations, regardless of whether they gave some feedback.

The problem is that it’s difficult for you to satisfy people you barely know. To solve this, you must start knowing your customers intimately. Understand their desires and use them to guide the expectations you’ll set.

As you do this, you make them feel empowered. You want this because customers always want to feel this way instead of feeling controlled. With this, you must always act with empathy as your priority.

This is where lots of businesses fail spectacularly. After all, most will make unrealistic promises to their customers. When customers expect high-quality services or products but get crappy ones instead, they will regret it.

That’s why you must realize that your customer’s satisfaction is the key to sustaining them. If you do, your business becomes sustainable. You won’t end up becoming one of the many businesses that fail within its first eighteen months.

3. Build Trust Using Relationships

Your business’s success hinges on your customers’ trust. When two parties engage in business but have no trust for each other, the business dies out. The parties involve your business and your customers.

With the importance of trust a big thing for your business, you must make conscious efforts to promote trust. As you make relationships with both new and existing customers, enable them to trust you.

In an ideal scenario, look at your customers’ behavior since it allows you to give tremendous value to your products or services. This is an important step if you want to build your customers’ trust. With this, they’re more likely to accept the products and services you recommend.

As soon as customers find out you aren’t trustworthy, they immediately look for your competitors. The best way to scare off your customers is to give them a bad experience. The worst that can happen is that they’ll spread this negativity with other people, making you lose them before you even had the chance to prove them anything.

4. Use Automation to Re-Engage Customers

With automation, the software will automatically handle some of your routines. It’s especially beneficial to marketing since tracking your customers manually is a tedious task. It’s because you must repeat a lot of processes to keep your brand fresh in your customers’ thoughts.

Take note, marketing automation still faces lots of challenges. The most obvious ones include the quality and integration of data. If you have a poor marketing process, you’re negatively affecting the effectiveness of automation.

So, to make the most out of automation, you must use it to re-engage your customers. You’re likely to see a conversion rate boost whenever you manually engage customers. But if you want stronger and faster communication, you must automate it.

When you promise to send email newsletters to customers each week, you’re unlikely to get swamped without automation. It’s a time-consuming task, especially if you’re a small business with no substantial resources and manpower.

After standardizing your processes, you can deliver the promises you made to your customers. With automation, you can let it do tedious tasks like managing customer contacts, scheduling promotional emails, and delivering event notifications.

5. Improve KPIs Related to Customer Service

Key Performance Indicators (KPIs) are measurable values showing how your company effectively achieves your primary business objectives. You must use these to think whether your business succeeds in attracting loyal customers.

You can see it as a roadmap since it’s a visual representation of your business’s future. This allows you to know the right direction you must take. If you study your KPIs, you’ll see the things that make your customers happy or unhappy.

For example, if you’re running custom rewards programs, your KPIs will reveal whether it’s working. Here are some KPIs you must consider:

• Response time
• Conversion rate
• Funnel drop rate
• Actions per engagement
• Communication freshness

You must satisfy these KPIs by dedicating time to engage with your customers. Until you do this, your business will suffer.

Learn How to Retain Customers Today!

These are some methods on how to retain customers. Use this to ensure that your business stays sustainable for years to come.

Did this help you learn how to attract customers? Are you looking for more ways to keep consumers engaged to keep them interested in your brand? If so, don’t hesitate to keep reading our other marketing guides today.

 

Farming technology has advanced at a rapid pace in recent years. Farmers have developed a substantial system of crop protections that ensures plant health from germination to harvesting and everywhere in between. Growers represent a diverse and changing community that relies on a unique blend of tradition and science in order to ensure high yielding harvests year after year, and crop protection is essential to this mission.

Seeding technologies for the future.

Farming improvements begin with the seeding process. Seed treatments to optimize germination time and proper seeding procedures help growers ensure the highest quality crops year after year. Educational expansion has created a robust curriculum in plant science, revolutionizing the way our community approaches the seeding process. Agricultural science programs all across the country are adding a science based component to the essential knowledge that farming families have been cultivating for generations. The added layer of scientific understanding to underpin generational understanding of the different needs and planting strategies for unique crops species has made for a much more efficient growing community in pockets all around the United States. After all, there are new ways to protect your seeds from crows and blackbirds and approach seed treatment, beyond the traditional methods. U.S. boutiques have popped up in these areas to sell the superior products fresh from the fields as well, making for a tight knit and unique farming community that really rallies together.

Midstream protections to ensure high crop yield.

After planting seeds, the next test comes in the form of predatory birds like crows and blackbirds. Seed treatments from Avipel can help slow these attacks from the get go, but farmers must remain diligent throughout the growing season. Applying crow repellent for corn seed is the best way to ward off avian threats to your harvest. These treatments can be applied quickly and without much hassle, and many outlets can get doses to you with fast and free shipping so you don’t even have to leave home to take advantage of the solution.

Utilizing repellents is a great way to keep crows and other hungry birds away from your fields. But these solutions also protect your seeds and leaves from the miniscule mouths of insects and rats as well. These harder to see predators infest a field and can eat their way through your crop faster than you can find and eradicate them. Keeping vigilant with repellant use is essential to protecting your horticulture from becoming gobbled up while still in the field. These agricultural products that you are growing are necessary to feed livestock and people all around the country, so a downturn in production because of an infestation spells doom and gloom for your community and your wallet at the same time.

The lifestyle of a farmer in the modern world.

Farmers have an array of tools at their disposal that weren’t available to the prior generation. From heavy machinery to naturally created repellants, growers have a unique power at their fingertips that outpaces anything that humans have used before. Farmers also live in more hospitable climates than their predecessors. The expansion of farming techniques and tools has created a new wave of farmers taking advantage of land that doesn’t have to lie within specifically rough terrain that isn’t conducive to rough terrain. As such, farmers can be seen in petites and comfy jeans nowadays, taking full advantage of the comfort extended to them in this new world of growing. Taking advantage of comfortable work clothing is a great new way to increase productivity, as we all work better when we feel relaxed and comfortable in our favorite outfits.

Farming has come a long way in a short time. Protecting your crops from crows and blackbirds and enjoying the creature comforts that you deserve as the backbone of the American economy are central to these changes.

Running a business can be daunting, with its demands and challenges. A small business can be negatively affected when there are not enough hands to assist. Thankfully, technology offers several options that business owners can leverage in an even more effective way. It can provide greater versatility and efficiency for your processes. When harnessed efficiently, technology can also significantly enhance the success of your organization. On that note, here is a list of the tech services that can help your business operations.

1. Sales Strategy

Sales are the lifeblood of every business, and practical strategies make all the difference. With this in mind, platforms like Selling Power offer a best-practice insight on boosting your company’s performance. The site includes a healthy load of well written, high-quality articles on various business topics. This includes lead generation, internet marketing, sales leadership, and training programs, among others. You simply need to subscribe to the platform and your sales manager can get started on skyrocketing your business’ output.

2. Business Development Training

Business development refers to the progress experienced by a company over time. Achieving a corporate image or brand image, consolidating a particular competitive position, achieving a good work environment, or becoming a socially responsible company are indicators of business development. To speed up business development, the right training is necessary. Hence, it’s a good idea to take an online certification program in that area. OKR coaches, for instance, help businesses achieve success with the technique faster and more pervasively.

With this certification program, you can help customers and colleagues set high integrity objectives, gain proper alignment, and achieve better results altogether than ever before. The certification will help your business achieve its growth plan while increasing your impact and advancing your business knowledge.

3. Website Design and Development

Online visibility is vital for every business. This way, you can advertise products and services to draw more customers. Tech services like Webolutions offer custom website design services that’ll align with your specific business goals. Webolutions web design is a popular Denver-based company that has held the city’s record as a leading digital marketing agency for 17 consecutive years. Among other services, the company offers internet marketing, content development, SEO, and comprehensive digital strategies for your business to thrive.

4. Web-Based Payment

A web-based payment system will ensure a business sends and receives payments with ease. Because of the various options and flexibility a web-based payment system offers, companies can now reach new customers worldwide. Offering a means of paying digitally, for one, opens your business up to patronage from customers who may otherwise be limited by factors like location. There’s also a significantly lower risk of theft and personalized customer service. More so, it’s a lot faster than the traditional options.

5. Finance & Accounting

As a business owner, monitoring your earnings and cash flow is an essential part of business management. However, this process can take a lot of your time without the right technology. You can access up-to-date minute reports with accounting software like Sage One. It has an easy-to-access user interface, and a simple setup makes billing your customers and monitoring payments easy.

Most of your accounting process can be automated, and accounting software can provide greater detail in the event of an audit. Accounting platforms like Xero and Quickbooks make it easy to connect to other third-party services companies might need to simplify cash-flow management.

6. Business Intelligence

You can use business intelligence software to automatically organize and analyze the various data points that make up your company. This includes sales information, supplier contracts, and pricing data. These platforms help identify and report vital information that can help keep track of your company’s progress. You can get information on your sales or a warning if your profit is nosediving.

Business intelligence software also breaks down the enormous data that your business generates daily into granular insights that you can use to determine your organization’s course. Examples of good business Intelligence platforms include SAP Business Intelligence, Sisense, Zoho Analytics, Tableau, and Datapine.

7. Cloud Storage Solutions

Cloud storage has transformed the way a company can store and access data. With cloud solutions, your business can save data on remote servers that are secure and make rapid scalability, prompt deployment of new solutions, and better information management possible.

Cloud storage solutions like OneDrive, Google Drive, and DropBox allow access to information while working from home or traveling, making them ideal for the mobile workforce. Usually managed by third parties, cloud computing offers the flexibility needed to build, keep, and launch new applications and ever-evolving amounts of data. It also offers a chance to adapt quickly to changing needs.

8. Collaboration & Communication

The Covid-19 pandemic has caused employees to work remotely more than ever. If nothing else, this has revealed how essential the need for collaboration and communication between team members, suppliers, partners, and customers is. Collaboration platforms help make this possible by allowing teams to store, manage, share, and edit documents extensively.

These products mean all employees need to access information wherever there is an internet connection. For instance, Microsoft Teams’ product integrates with popular Office applications such as Word, PowerPoint, Excel, Outlook, and OneDrive. And both the desktop and cloud-based Office 365 versions work great. Google workspace does the same with products like Gmail, Docs, Sheets, and Drive

Their competitor, Slack, is another popular collaboration tool with shared workspaces and communications features. The platform allows connected team members to initiate conversations and collaborate on documents in a secure and organized manner.

Also, the top collaboration platforms have easy communication functions, including instant messaging and video calls for multiple users. Conferencing tools like Zoom also allow for all kinds of conversations a business requires, including webinars, conferences, meetings, and lectures.

9. Project Management

With the Covid working era, a project manager may not have physical access to team members for long periods. Projects still need to be completed, though, and remote project management solutions can help keep employees on task and progress towards business goals.

You can use tools like Asana, Basecamp, Atlassian, Slack, Monday, Jira, or Trello software to manage workflows, assign critical tasks, and stay up-to-date on progress, all in an easy-to-monitor display. Effective project management can help boost productivity by cutting out time-consuming meetings and automating repetitive tasks.

10. Cybersecurity

Cybersecurity is essential for digital solutions. Cyber attacks are too significant a threat to leave your remote workforce unprotected. There is a need to secure confidential cloud-stored data, especially with teams spread all over. In addition to organizing employee awareness training and setting password strength standards, tech tools like encrypted VPNs and multi-factor authentication can help remote employees access corporate resources more securely.

11. Customer Relationship Management (CRM)

CRM solutions help organize customer data to allow business owners to understand them better and meet their needs faster. You may already be familiar with renowned CRM solutions like Hubspot, Zoho, Salesforce, among others. These management systems yield a thorough analysis of what needs to be done to make purchases. Companies that adopt this methodology often record shorter sales cycles, swift responses, and better retention of customers past and present. All this is achieved while simultaneously saving time with sales automation.

Since your project details will be cloud-hosted, your sales team and marketing can collaborate with other departments to meet customer needs from anywhere with CRM. With an ideal one, companies don’t just stand to improve on the customer relations front, but also their net earnings—even amidst unexpected circumstances like Covid-19.