Why Does Cash Flow Have Priority over Profit?


Perhaps one of the most frequently asked questions in the world of business is: should I focus on profit, or make cash flow my priority? Although they both play critical roles in your business success, there are some points to be made in cash flow’s favor. So, don’t fall into the trap of putting all your efforts into making profit, since it is not the main indicator of a successful business. There is no denying it is crucial when observing the bigger picture and long term benefits, but while trying to stay afloat in a sea of corporate sharks, you need stable cash flow to maintain financial health. Read More

7 Reasons Why You Should Outsource Your IT Support

Today, most of the businesses out there rely heavily on technology. That is why they need IT specialists who will be able to fix any tech problem as soon as it occurs. If this is the case with you, chances are you are thinking about hiring an IT team for your business. Still, more and more entrepreneurs choose to outsource their IT support. That being said, make sure you check out our seven reasons why you should go for outsourced IT support. Read More

Outsourcing and Your Ecommerce Company – How to Do It

One of the most common business ideas these days is running an eCommerce company – an online store that exists only on the web. It can be a fantastic way to make a living if you know a market that still has a need for a new online store and if you know how to put everything together so that you can sell your products at a profit. Read More

Is Your Outsourced Digital Marketing Agency Doing Enough For You?

Nowadays, everyone does some digital marketing and for most companies, this is something they gladly outsource for any number of reasons. And while most people will be careful when choosing their outsourced digital marketing partners, this does not ensure that they will continue to provide fantastic service, even if their pitch was phenomenal. Read More

The Pros and Cons of Outsourcing

In today’s world, with the internet and globalization, workforce has changed significantly. While 9 to 5 office jobs used to be the norm, in a lot of cases, it doesn’t work like that anymore. When you call customer support, the person answering your call might be on the other end of the planet. When your internet crashes, the person troubleshooting the problem is possibly in a different country. Here are some of the most important things to bear in mind when it comes to outsourcing. Read More

How To Mix In-House and Outsourced

Often times, when we are talking about outsourcing a department or keeping it in-house, we talk as if the only way to go is binary. In other words, we think you have to go EITHER outsourced OR in-house. In reality, however, there are many, many companies that combine the two and that get fantastic results from this. Read More

Outsourcing and Other Tricks SMBs Can Use To Get Ahead

The ultimate goal of every small business (or in fact, any business regardless of its size) is to get ahead of the competition, grow and increase its revenue. Often times, it is enough for a company to stick to the tried and true tenets of doing good business, but often times, there is need for those little tricks other SMB owners do not think of. Today, we will be talking about these little tricks and how they can do wonders for a smartly run small business. Read More

The Resurgence of Telemarketing and How to Outsource It

In the last 10 years or so (with the emphasis on the last few), people have gone absolutely crazy for everything digital and everything that happens online. Marketing people, sales people, even the decision-makers; everyone has been totally in love with digital and web-based. Read More

How Release Management Helps with Outsourced IT Services

The IT ecosystem within companies is becoming more and more complex as time goes by. This is especially true for large corporations that employ thousands of people and who have a whole number of IT teams working on various projects for the company. Read More

How IT Outsourcing can Affect Your Company

The issue of outsourcing a company’s IT department has been the subject of many an article on the Globality Consulting blog. Today, we will be looking at some of the main ways in which this practice can affect a company, but also at those that most people do not think about that often. There are those, believe us. Read More

4 Reasons Why Outsourcing Your IT Makes Total Sense

In the business world of today, an IT department or an outsourcing service can make a huge difference. With innovation and quick responses being more important than ever before and with online marketing becoming such a huge factor, a company’s IT efforts have become a crucial part of its functioning. Read More

Why and How to Hire the Right Independent Financial Advisor for your SMB

Like we mentioned on a few occasions, running a small-to-medium business is a 24/7 kind of a job. It more or less becomes your life and there are innumerable things to keep in mind and juggle around. Of course, a huge part of it all will be your company’s finances. This will entail wages, income vs. expenses, retirement plans, contract negotiations, negotiations with suppliers, tax and insurance paperwork and so much more. Read More