Business

6 Procurement Priorities for 2025 Geopolitical tensions and economic uncertainty are changing what is expected of procurement in 2025. This blog explores six procurement topics we expect to trend this year, revisiting established practices and highlighting emerging ones. 2025 has started with procurement facing a perfect storm of change. The world is moving faster than […]

2025 Franchising Economic Outlook The 2025 Franchising Economic Outlook is IFA’s annual study, in partnership with FRANdata, detailing the franchise sector’s performance for the past year and projected economic outlook for the year ahead, as well as an in-depth state outlook for all 50 states and Washington, D.C.  This year’s report shows that franchise growth exceeded projections for […]

Top 8 Benefits of Global Expansion 47% of business owners said they plan to expand globally by going digital.*  Think about it. Just a few years ago, setting up shop overseas meant investing in brick-and-mortar stores or offices. Today? A robust digital infrastructure can launch your brand into new markets with a few clicks. But […]

Understanding the Concept of Outsourcing The benefits of outsourcing include cost savings and increased efficiency. Companies delegate tasks to external vendors, focusing on core operations. Outsourcing simplifies processes by assigning work like customer service or manufacturing to experts. This strategy improves productivity and reduces expenses. What is outsourcing? Outsourcing transfers tasks like IT support, accounting, or […]

8 Best Advantages of Business Process Automation Digital process automation carries innovative technologies together to accelerate manual operational tasks. Automation eradicates the manual effort required to accomplish paper documents. In its place, digital process automation modernizes these tasks for better productivity and improved results. While advances in automation may have appeared far-fetched just a few […]

10 Digital Transformation Trends for 2025 The rapid pace of digital transformation trends is revolutionizing business operations, customer experiences, and market strategies. As industries embrace digital technologies, companies must adapt to stay relevant and competitive in this increasingly tech-driven world. Research suggests that 90% of companies worldwide have adopted some form of digital transformation to drive growth […]

Buying a business can be a good way to skip some of the startup costs and growing pains of starting a business from scratch, like launching a product or service or building a customer base. But buying an existing business comes with its own risks, and the process to close the deal is complicated. 1. […]

Creating an independent or small business is a really exciting time. You’ve put in the hard work, and now your creative ideas have come to life, but unfortunately sustaining that business is easier said than done.  The number of small businesses in the UK grew 55% in the past 20 years from 3,535,500 in 2002 to […]