Management

Is Your Partner Being Too Generous with Contractors? 4 Questions to Ask

When a contractor does great work for you, it’s natural to want to compensate them generously. Being generous with others isn’t just a selfless act; it makes you feel good, too. In fact, researchers at the University of Michigan proved that being generous improves your mental and physical health, and promotes longevity. Is Your Business […]

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28 Online Security Tools for Small Businesses

October is National Cyber Security Awareness Month. For small and mid-sized businesses, it’s a good time to strengthen a security plan with some free or relatively inexpensive tools and resources. Here is a list of online security tools for small businesses. There are tools for backup storage, safe browsing, password management, network scanning, and combatting

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5 Big Mistakes Your Small Business Keeps Making — And How to Correct Them

Small businesses are making a lot of mistakes that could have a major impact on their team members and bottom line. Terry Duncan, president of Duncan Management Consulting Services, has seen many of these mistakes first hand, and has guided many clients to correct these various issues. Of course, it would be unrealistic to expect

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10 Retail Blockchain Vendors | Practical Ecommerce

In “10 Ways Blockchains Can Benefit Merchants,” my previous article, I addressed potential uses for blockchain technology. In this post, I’ll describe 10 service providers that already use that technology. Blockverify Blockverify utilizes blockchains to identify counterfeit goods and make the supply process more transparent. Each product gets labeled with a Blockverify tag that helps

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How Does Fintech Affect Ecommerce?

Technology is upending many traditional financial practices. Dwolla, for example, provides an API to facilitate easy ACH payments. Fintech is the practice of applying technology to the financial services sector. Traditional financial institutions utilize it mainly to manage accounting and other back-office services. More recently, thanks to advances by startups, fintech applications are altering established

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What is a Business Pivot and How Can it Hurt Your Company?

Entrepreneurial and business topics are nothing if not rife with buzzwords.  Whatever the latest trend is must be branded with a memorable term.  And while chasing “synergy” or whatever the word-du-jour is may be relatively harmless, it’s not often that some flashy new expression carries with it meaningful insight. And sometimes, the latest craze can

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Ecommerce Product Releases: October 16, 2017

Here is a list of product releases and updates for October from companies that offer services to online merchants. There are updates on shipping, mobile returns, voice-activated commerce, payments, and shopping on Instagram. Got an ecommerce product release? Email releases@practicalecommerce.com. Ecommerce Product Releases Shopping on Instagram now available to BigCommerce merchants. BigCommerce has announced support

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The Mathematical Corporation Leverages Technology for Competitive Advantage

Usefulness Content Freshness Are you ready to peek into the future of business today? “The Mathematical Corporation: Where Machine Intelligence and Human Ingenuity Achieve the Impossible” will give you that glimpse. This book showcases how current organizations are using artificial intelligence, Big Data, and analytics to

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10 Ways to Update Your Marketing with New Trends and Technology

New technology, trends and techniques are likely to have an impact on how you do business in 2018. These changes can vary depending on your business or industry. But members of the online small business community have lots of experience updating their online marketing and other operations. Here are some tips to help your small

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