Business Tips

June 28, 2022

How To Boost Your Small-to-Medium Enterprise’s Innovation With Digital Tools

Photo by Jason Goodman on Unsplash Most small-to-medium-sized enterprises (SMEs) run on digital tools these days. If you’re not incorporating modern technologies, chances are your competitors are running a step ahead of you in innovation, efficiency, and productivity.  Fortunately, finding and implementing the right tools is relatively simple. And many solutions are affordable too! Below, My Rich Brand briefly explains how digital improvements can push your SME toward long-term growth and success.  Optimizing Your Processes      Your business operations center around the processes you have in place. The more efficient and refined your processes, the better your company will be positioned for intelligent decision-making and […]
May 11, 2022

Why New Businesses Need To Get Social Media Right

One major challenge every new business faces involves building the foundations for a strong and loyal customer base. Solving this challenge requires making the public aware of your products and services in the first place. One of the best and most cost-effective ways to start marketing your business is through social media. With 7 in 10 Americans now using online social networking sites, social media marketing will give you the reach to effectively build your customer base. However, you can’t just assign the job to one token, “social media manager,” and call it a day. Below are a few reasons you should take […]
April 28, 2022

How to Leverage Data Analytics to Grow Your Small Business

Data analytics can offer robust value to your small businesses. If you feel like your business has plateaued and you’re unsure where to take it from here, data will show you the way. By tracking your business data and analyzing trends, you’ll be able to make effective business management and marketing decisions that have a real and measurable impact on your growth. Here’s a basic data analysis guide from My Rich Brand to help you get started! Boost Your Cash Flow If you need more cash on hand to market your business, start reviewing your cash flow; making cash flow improvements can free up […]
April 7, 2022

How Your Stance on Cybersecurity Can Make or Break Your Company

Photo by cottonbro from Pexels Digital systems are essential to every business, as they streamline operations and help enterprises deliver better service. However, these same systems that improve efficiency also create new vulnerabilities. Cyberattacks can have serious financial consequences, such as when hackers demand ransom or businesses rebuild after losing vital assets. According to one report, in 2020, cyberattacks cost companies $2.7 billion. Of course, money isn’t the only concern. Servers hold a wealth of sensitive data, including information on employees, customers, and vendors. In some cases, this data is more valuable to criminals.  Below, My Rich Brand presents some things you need to know about […]
March 14, 2022

How Hard Is It to Start a New Business?

Photo by ANTONI SHKRABA from Pexels When the pandemic struck, many people decided to turn to self-employment to keep their families afloat. But, many others paused for fears of the process being too difficult. So, how hard is it to start a new business? Easier than you might think, and you can create your entrepreneurship endeavor with whatever level of dedication you’re willing to put into it. Today’s My Rich Brand blog covers some of the basics. Business Ideas for Beginners No one business type works for everyone, and the best advice you can get is to piggyback off your current skills, expertise, and experience. […]
February 17, 2022

Outsourcing to Freelancers: What to Outsource, Where to Hire, and More

BY ABBIE MALON Photo by Christina Morillo from Pexels Are you searching for the right digital marketing talent to grow your business? My Rich Brand specializes in telling your brand’s story through digital strategies. Is your free time shrinking as your business grows? Entrepreneurship should give you freedom, not leave you chained to a desk. Outsourcing is a quick and affordable way to start delegating some of your workloads. Business owners can outsource to freelancers in the U.S. or overseas. However, effective outsourcing involves finding people with the right skills. Here’s how to cover your bases when adding freelancers. What to Know Before Hiring Independent […]
February 9, 2022

How To Build a Strong Brand on a Budget: A Guide

BY ABBIE MALON Every business needs a strong brand. It differentiates your business from others, better positions you against your competitors, and fosters brand loyalty. A strong brand is essential to the long-term growth and success of your business.  However, creating and establishing a strong brand is more than starting and naming your business. It entails a series of strategic actions and activities to position your brand.  All these activities and actions require a lot of financial, human, and intellectual resources. As a small business owner or a startup, you may be wondering: Is it possible to build a strong brand […]
January 3, 2022

Making a Career Out of It: How Pursuing Your Passion Can Change Your Life

Photo by Michelangelo Buonarroti from Pexels Perhaps you are tired of working for someone else. You have big dreams, and you would like to live life on your own terms. That might include taking a break when you need it, working hours that are better for your lifestyle, or even getting rid of your commute. Choosing to work in a field that you are passionate about can mean greater professional and even personal happiness. You might feel reenergized by the thought of work or look forward to sharing your gifts with the world. Discover what you should know about taking on your passion as a […]
December 27, 2021

13 Resources for Young Professionals Interested in E-commerce Entrepreneurship

 December 27, 2021 Photo by Nataliya Vaitkevich from Pexels If you’re in your twenties or thirties, you’ve probably spent a few years working for a traditional employer and dabbling in side hustles. But what if you’re interested in pursuing entrepreneurship full-time? Launching an e-commerce business can be a great way to create a sustainable income stream and continue sharpening your professional skill set, particularly when it comes to sales and marketing.  With that in mind, My Rich Brand has gathered a collection of resources covering everything you need to know about breaking into e-commerce, from finding suppliers to building your brand. Laying the Groundwork As […]
13 Resources for Young Professionals Interested in E-commerce Entrepreneurship
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