Published on: 17 April 2019
Last Updated on: 22 April 2019
Building a portfolio in today’s competitive corporate environment is a tough challenge for professionals. After all, you need to stand out from the crowd in order to land your dream job. So the question is, how do you make sure you set yourself apart from your competitors in the industry?
Staying Ahead of Your Competitors in the Corporate World:
Everyone has their own competitors to live out with. Whether you’re a doctor, artist, musician, or a business owner, you will come to a point where you need to stand out and draw your market’s attention. Moreover, the corporate world is like the complex rollercoaster ride, where you can skip your job or play some other trick, to reach to a level much higher than your previous one.
Therefore, you need some effective strategies to stay ahead of your competitors in this world where change is a constant thing.
The following are some tips you can use in order to develop a more competitive edge from your corporate competition. Also remember that no trick is the short cut, talent, wit, and hard work is going to pay you for the long run:
Develop your strengths to better skills to become your best self. Do not stop acquiring skills and practice whatever you learn so you can turn them into qualifications. You can opt to take a masters in business administration online if you don’t have the time to go to a traditional university. With the right skills set, you can get your dream job in the company you want to work long term.
Focus on your personal branding. One of the most important factors in an individual’s professional portfolio is a personal brand. If you have strong branding, it’s easier to showcase your potential to employers and companies.
You can blog, join podcasts, attend conferences, and accept speaking engagements to get your brand out there. Creating a trend is not so hard these days. Create your own story, own character, and own trademark, and you already be considered as a brand.
For example, McDonalds’ clown is the mascot of the brand, therefore the brand is not only famous physically but digitally too. The character’s humble and funny habits have portrayed the brand as a good and humble brand. Now we know why we think of McDonald’s, whenever we feel like having burgers!
Research on the areas your competitors lack and work on them. What do you think is your edge from your competitors? What are the potential deficiencies that made you stand out from them? Work on those areas and take over the competition in the corporate world.
Provide insights whenever you can. The secret to a successful corporate life is sharing your knowledge and expertise. This will boost your personal brand while increasing your connections. One of the best way to let know of your professional caliber to your community is via Linkedin.
Linkedin not only gives you recognition in your professional field but also finds you great opportunities to enhance your lifestyle. Whether it’s in the office or on conferences, build rapport with people to improve your reputation.
Professionals, business owners, and organizations need to look for continuous improvement in order to remain relevant in their industries. If you work with talented people and continue learning, it’s easier to stand out and conquer your corporate goals.
Don’t just be hardworking and intelligent; know how to take on challenges and turn them into opportunities. Remember, it’s a dog eats dog world out there – equipping yourself with the right mindset and skills is important.
Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.
The app developers placed special emphasis on creating a system that would motivate new sop-owners to open an online store for e-commerce. As a result, PHP programming knowledge is not necessary. One of the few systems that operates in a modular fashion is Shopify.
The customer selects a pre-programmed layout and can add product images and content, as well as make additional changes. Shopify appeared to be gaining traction because of how simple it is to use, particularly for smaller enterprises.
So, who owns Shopify? Let's find out.
Who Owns Shopify?
The headquarters of Shopify Inc., a multinational e-commerce company based in Canada, are in Ottawa, Ontario. The IT expert Tobias Lütke, who co-founded Shopify with Daniel Weinand and Scott Lake, is the company's founder.
Their love of snowboarding led them to establish "Snowdevil," an online store, in 2004. But as a result, they realized that they couldn't advance rapidly because there wasn't a suitable software solution. The three of them decided to work together to construct their e-commerce platform.
Other businesses wanted a piece of the new shop system because Snowdevils presented such a polished image. The three partners officially dubbed the e-commerce platform "Shopify" in 2006.
When smartphones first started to gain popularity, Shopify wanted to be ahead of the curve and keep up with the latest innovations. In 2010, Shopify developed an application for the App Store in this manner.
Shop owners can view insights and updates about their stores from this app. Shop owners can now check and prevent potential errors by having constant access to their shop. The owners of Shopify demonstrated to the world in 2010 that there are easy fixes available.
There was a contest to see who could create the best online store and use Shopify most effectively. The Shopify Foundation offered the winners a mentoring program to help launch businesses.
When it comes to answering the question of who owns Shopify, a whole new world opens up. The idea behind empowering shop owners to have an online shop with ease changed the world of business forever.
Success Of Shopify
Shopify's growth has been exponential over time. If you search on Google "who owns Shopify," you will find out how big the company is. This is how initiatives like Shopify Plus, which addressed big businesses for the first time, changed the game. As a result, there was heavy criticism of Shopify for the Shopify Payments. There will be additional costs if you do not use PayPal or Klarna payment options.
However, it's crucial to keep in mind that Shopify provides excellent customer service. In 2019, the e-commerce platform was among the first to set up a live chat feature so that store owners could get free assistance and recommendations.
Payments On Shopify
You can use the built-in Shopify Payments feature or link your own payment processor to Shopify. Shopify charges a transaction fee for each online sale, which can range from 0.5% to 2% of the total charge if you use your own payment processor. If you use Shopify Payments, you are exempt from this fee.
The flat-rate payment processing rates that Shopify Payments offers are based on your subscription plan. Using Shopify's retail store POS system and mobile POS app, in-person sales are also supported by Shopify Payments.
You can use Shopify's integrated shipping label printing on any plan if you ship orders. With USPS, UPS, DHL, and other carriers, you'll get competitively low rates; additionally, your discounts get bigger with higher-tier plans.
Every time you process an order and print a shipping label, shipping costs add up. When charges exceed a certain threshold based on your average shipping volume, your card will have to pay these expenses. On the other hand, there will be shipping costs for your monthly Shopify bill if you only ship a small number of orders each month.
Pros
Overall user-friendliness: Novices in rank can quickly deploy a stunning Shopify store, numerous sales channels, and order processing workflows in the morning, ready for sales by the afternoon.
Competitive monthly fees: Entry-level plans have low monthly fees, while higher-tier plans have competitive rates.
Safe technology: All technical details are taken care of by Shopify's fully managed platform.
Smooth retail and mobile in-person sales: You can sell in person anywhere with fully integrated mobile and retail store point-of-sale features.
Integrated product sourcing: Utilize Shopify's integrated dropship and wholesale networks to stock your store with little to no initial outlay of funds.
Integrated email marketing: With just one click, you can increase sales with the help of automated email marketing and abandoned cart alerts.
Limitless growth potential: Shopify hosts some of the largest brands on the internet and is equipped to handle both rapid and steady expansion.
Cost: If money is tight, there are free or incredibly inexpensive alternatives to Shopify that you can use.
Transaction fees: Every credit or debit card sale you make will result in a transaction fee if you choose not to use Shopify Payments.
Cons
The limitations of Shopify themes include their basic design, which makes it difficult to add advanced features and functionality without specialized coding.
Reduced options for search engine optimization (SEO): When it comes to SEO, Shopify online stores are less advanced than WordPress platforms.
Easy-to-use blog tools: In comparison to WordPress, Squarespace, and Wix, Shopify's blogging features are fairly limited.
Other Costs
The point-of-sale (POS) feature of Shopify facilitates in-person sales for mobile pop-up shops, services, market selling, and even multiple retail locations. Online sales, inventory, customer information, and business reporting are all seamlessly connected to POS-based sales.
Every Shopify plan comes with free POS Lite, or for an additional monthly charge, you can add full retail checkout functionality:
High-end Shopify Themes
Although Shopify offers nine free store themes to its merchants, many sellers choose to use the premium themes that come with more customization options, specialty designs, and additional features. Over 100 premium themes are available in Shopify's theme store.
Wrapping Up
It's almost impossible to find an e-commerce platform that matches Shopify's level of simplicity and smooth integration with sales channels. Shopify's many selling opportunities and essential business management tools outweigh its few shortcomings.
It includes basic SEO tools, limited store customization options, and simplistic blogging features. There is just no platform that compares to Shopify in terms of ease of use, sales volume, room for expansion, and cost for both new businesses and seasoned retailers.
If you have thoughts to share or questions to ask about who owns Shopify, please leave a comment below. We would love to hear from you!
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Taking your brand overseas? Having your eyes set on a global market, you are definitely going to begin creating the right strategies on how to tap into it. Realizing that what works within your borders might not work across them is the first important thing. And, so is understanding that English may not be enough to communicate internationally. Thus, translation and interpretation services might be necessary, and the first thing to do is learn more on how those two concepts differ.
Have you been assuming that English will be quite enough for the plans you have to take your business to the international scene? After all, it is rather widespread, and while not everyone speaks it, people all around the world are definitely using it. I can see where such an assumption may be coming from and you’re not wrong thinking that people all over the world use this language, but here’s the thing.
Not everyone uses it. Plus, statistics show that somewhere around 75% of global buyers are far more likely to order certain products or services if the information is provided to them in their native language. So, adapting your brand to the foreign market is a must, and it begins with starting to use their language for providing information and for communication for that matter.
How can you do that, though? Are you now expected to learn all the languages in the world so as to be able to make a name for yourself on the global market? Fortunately, no. What you are expected to do, though, is provide clients with the option of communicating with your brand in their native language, and you’ll do that by using language services. And, using those services starts with choosing the right provider.
Figuring out you need these services will be easy. Actually choosing the right provider can be a bit more difficult. Important things to consider when trying to make this choice, and I’ll tell you about those below, hoping to make things quite easier for you.
Your Very Own Requirements
When choosing the language translation services provider you want to work with, the first thing to do is figure out what your very own requirements are. Put differently, which languages do you need? Depending on the part of the global market, that is the part of the world, you’re trying to reach, you’ll have different needs. And, choosing providers without knowing those needs is basically a shot in the dark.
Qualifications
You won’t be shooting in the dark, however, will you? Instead, you’ll figure out precisely what you want and then start researching those providers you’ll come across. And, you’ll come across them, of course, with the help of the Internet. The first thing to check when you begin the research is their level of qualifications. In few words, what you want is to find companies that have highly qualified translators and interpreters working for them, as that’s how you’ll always get the perfect quality services.
Technical Expertise
Speaking of getting the best quality services, do you think that would be possible without proper technical solutions? Of course it wouldn’t. Using certain tech solutions to communicate with the translators and interpreters and for them to provide their services to you and make client communication easy is certainly a must. This is why checking the technical expertise of the companies you’re considering is significant, because you want to choose someone who knows their way around these solutions and who can provide you with great remote interpretation and translation.
Overall Experience
Choosing those professionals that aren’t experienced enough with this type of work would also be a mistake. Thus, when checking out companies, remember to determine how experienced they are, as that will show you how long they have been successfully serving their clients. Companies that aren’t successful won’t survive in this climate, meaning the longer someone has been in business, the higher the chances of them offering the perfect language services. Giving new firms a chance is not wrong, though, as long as you’re sure that you’ll get connected to experienced professionals and that you’ll absolutely get the quality you deserve when it comes to interpretation and translation.
Read about the significance of translation in business: https://marketbusinessnews.com/importance-translation-business/263816/
Prices
While your focus should always be on quality and while you should never go for low quality services just because they might be cheaper, that doesn’t exactly mean you should completely ignore the prices. Finding reasonable solutions is the goal here. And, doing that is possible by comparing the prices offered by various language services providers. Taking as much time as you need to compare all the information, including the prices, is what will lead you to getting the perfect quality and the most reasonable quotes, which is what you want.
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Business Succession planning is one of the important levels of strategic planning that gives you an opportunity to formulate a plan on how your business is expected to perform after your tenure in leadership.
Business Succession can make things more effective and wise in all aspects. Effective succession planning is highly advantageous as it gives you an opportunity to set in place mechanisms that ensure operational efficiency and transfer of leadership where necessary.
When undertaking succession planning, emphasis should be put on ensuring that every aspect of business leadership is handled as comprehensively as possible.
Whereas business owners understand the importance of performing succession planning, few put in place the necessary measures. Here are 7 key tips to consider when planning for smooth business succession.
Initiate the planning process early:
To be thorough and comprehensive in your succession planning, you need to ensure that you start planning as early as possible.
Whereas experts do not have a recommendation on the definite duration of time by when you should start succession planning before implementation, it is generally agreed upon that early planning gives you sufficient time to come up with a comprehensive plan.
Starting as early as 10 years before effecting the plan gives you sufficient time to ensure that everyone who is involved is sufficiently prepared to take over.
This also eliminates the rush that may set in in the event of a delayed succession planning process. Such delays may lead to unprecedented and unwanted hurried succession which puts the business’s future in jeopardy.
Nurture the prospected leaders:
When undertaking succession planning, especially in a family business, emphasis should be made on nurturing continuity in leadership. This ensures that once you leave as the top manager, your junior takes your place and steers the company forward. When performing succession planning, you should have that in mind and therefore focus on nurturing and developing the prospective leaders.
Leader development and nurturing should focus on, among other things, bringing the best out of the qualities you desire to see in them. This may be done in a gradual process such as delegating responsibilities and evaluating the prospected leader's ability to perform with the integrity and precision demanded for in a top business manager.
Have an open-minded approach:
To be thorough and effective in succession planning, you need to avoid bias as much as possible. In a family business or a business where leadership succession is hierarchical, maintaining an open mind can be quite hard, especially since the second in command is the most likely person to inherit your leadership. To avoid such bias, you should have an open mind in regards to potential candidates who can take over from you after you leave office.
When looking for an appropriate leader to take after you, you may want to give a thought of every potential candidate available within the business. This gives you an opportunity to extend your options as wide as possible. It also ensures that you don't miss potential employees whose skills, competencies, and experiences may come in handy in taking over from you.
Exposed potential candidates to training:
Training is quite crucial as it ensures that prospecting leaders within your business get an opportunity to advance their skills.
In this regard, leaders that you think are capable of leading your organization in one way or another should be appropriately identified and marked for progressive training and development.
Such training should be focused on anticipated areas within your business that are of importance for the employees to take over once you leave.
Succession training is also crucial and should be exposed to all workers who show an outstanding level of managerial skills. The well-trained workers get to be prepared for advanced leadership positions that may be created after you leave office.
In some cases, promoting your immediate deputy in the hierarchy leads to vacant positions down the business administration structure. The well-trained candidates, once promoted, would be able to fill those positions effectively.
Dry-run your plan:
When planning for a smooth succession in your business, it is highly advisable to ensure that you, on several occasions, do a dry run of your succession plan.
Dry running a succession plan gives you an opportunity to evaluate how potent your plan is in terms of meeting certain expectations. The dry running process does not have to be official and should be preferably done without informing the employees involved.
This can be done by momentarily leaving your office for official vacation or even other official duties for a considerable amount of time such as between a few weeks to a month. The duration of absence gives you an opportunity to test how suited your prospected leaders are in terms of filling the void created by your absence.
Do your final plan in writing:
After concluding and making adjustments on your succession plan for your business, you should endeavor to put the final plan in writing.
To be effective and thorough, you should consider engaging qualified, experienced, and reputable succession planning legal professionals such as Boss Lawyers in Australia.
The lawyers, in such a case, help you to prepare the necessary documents including succession policies, how the current generation of employees will hand over to future generations, as well as how to resolve any arising disputes thereof.
The exit strategy created from a legal perspective ensures that everyone within the business is bound while also creating a viable atmosphere for business continuity and harmony among the workers.
Make your wishes known:
Lastly, after every element of business succession planning has been conducted, it is crucial to bring everyone on board the plan to ensure that they are well aware of the strategic direction that the business is taking.
You should, preferably, convene a meeting with everyone in the business as well as your business’s key customers.
In the business meeting, you should outline what your wish is and reveal any other pertinent information that was not captured within the succession legal framework.
You may also use the platform to ensure that any questions or concerns that your workers may have are appropriately handled in a plenary session.
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