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Survival Tips for Small Businesses: What to Do to Make Your Venture Last as Long as Possible

Starting a business is a gamble. No matter how great your products are or how knowledgeable you are about trends, there is still a chance that your venture will crash and burn. According to statistics, eight out of 10 businesses fold within its first 18 months. That is an 80% failure rate within one and …

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Finding the Balance Between Micromanagement and Delegation

Over the years, several books and articles have been published about the benefits of delegation. Harvard Business Review said it’s a sign of a great leader. The University of Southern California calls delegation an essential skill in the workplace. But there should be a balance. Some leaders have to know every detail from the packaging …

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The Beatle Who Became a Businessman: Lessons from A Hard Day’s Night

A company named MPL Communications is one of the world’s largest music publishing businesses. It holds the rights to great standards such as “Autumn Leaves,” “Blue Suede Shoes,” and “The Christmas Song.” Yes, it is that Christmas song that goes “…chestnuts roasting on an open fire, Jack Frost nipping at your nose.” The company owns …

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Human and machine

Human and Machine Translation: Is One Better than the Other?

Most businesses understand the importance of translation when entering new markets. Often, the question is not why they need translation but how to go about getting their content translated. Do they reach out to human translators, or should they use translation tools? The human vs. machine translation is an ongoing debate. Love it or hate …

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