Project management is failing. Almost half of all traditional software projects are delivered late or exceed their budgets. For every $1 billion invested in the U.S., $122 million is wasted due to poor project performance. Only 2.5 percent of companies successfully complete 100 percent of their projects.
Using the right project management software can play a crucial role in solving this problem. Project management solutions are the most sought-after software in 23 U.S. states among small and midsize business (SMB) buyers. So, it’s not surprising that project managers who work in small businesses are actively using project management software. What is surprising is the lack of loyalty to project management software that’s in today’s market.
Attracting and retaining clients will be top of the list of small business priorities when company owners plan their New Year’s resolutions for 2017. New GetApp research says more than half of small business owners value customer attraction and retention as their number one priority.
With small business uncertainty at a 42 year high, there couldn’t be a more pertinent time for small businesses to decide on their biggest priorities for the near future. We polled SMB owners to ask them what their company’s biggest priority is. 58% said attracting and retain clients was their number one interest.
The second most important concern, according to the survey was to reduce costs, with 13% of respondents saying this was their top priority. The next most popular choice in the list of small business priorities was improving business software and IT infrastructure (selected by 8% of respondents), which was more highly valued than getting paid faster, tracking workflow better, and reducing time spent on admin.
If you’re a small business owner, it’s a safe assumption that your prospects are on Facebook. The world’s largest social network had 1.71 billion monthly active users as of Q2 2016. And two-thirds of those users log onto Facebook daily. But does this high user volume mean that Facebook will drive strong organic traffic to your small business website? (more…)
Techorating – the fusion of technology and decorating – can be a powerful way to improve employee morale and customer experience, according to new GetApp research.
63% of small business owners and managers polled said that they agreed that interior décor, such as “techorating” a company’s premises (using digital signage solutions to adorn a shop/office) can reap rewards for both staff and customers. In fact, 19% of those polled said they “strongly agree” that digital interior décor can have a significant impact.
By contrast, only 6% of small businesses said that interior décor doesn’t make a difference to morale and customer experience, while 30% were undecided.
Almost three quarters of small businesses admit that errors are made in their invoicing, according to new GetApp research.
Some businesses even confess to sending or receiving error-ridden invoices every day, while a worrying 8% admit that invoicing mistakes are being made at least once a week in their company.
Only 26% of small business owners and managers polled say they never send or receive invoices with errors in them.
The majority of those surveyed say they “sometimes” receive invoices with errors in them, although less frequently than once per week.