Three quarters of SMEs struggle to innovate due to outdated technology

More than three quarters of SMEs with restrictive budgets are struggling to compete with bigger organisations due to the lack of access to innovative technology, impacting their ability to grow and enlist talent, according to new research.

The survey found some 84 per cent of small businesses say they are unable to keep up with the bigger budgets of larger organisations for technology innovation and digital transformation, with nearly half saying it is restricting growth and nearly the same number saying it has impacted their ability to recruit.

Combined with the impact of COVID-19, a lack of fit-for-purpose technology options and prohibitive costs could lead to many SMEs losing out long-term if they do not take advantage of more flexible and cost-effective solutions.

The research found Technology concerns moved way beyond operational efficiencies, however. A third of businesses surveyed said they felt they were exposed to cyber security risks by … Read more

4 Ways To Boost Your Business’ Performance In 2021

No matter how experienced and successful they are, every business owner is always looking for ways to increase the performance of their business. This process can seem daunting at times, but if you know the right strategies you can apply, it’s going to be easier than you think.

Another thing people worry about is how 2020 was hard on all industries, as it was a very stressful year full of uncertainties and failures. However, 2021 is a fresh new start and if you know all the necessary steps, not only will your business survive this year, it will also thrive.

Use Data Wisely

The importance of data in the modern business world is immeasurable and here are three steps to using data that will ensure you get the best business performance:

  • Know what you’re trying to achieve. There are certain issues your business can solve with the help of
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How to Overcome the Most Common Difficulties During Students’ Distance Learning

The emergence of technology and its increased dependability has offered the education sector with distance learning programs and courses. A major factor that leads to the growth of online education is the factor of cost. These programs are fairly cheap and offer students from various geographical boundaries to participate.

However, there are some challenges that distance learning education faces despite offering convenience and easy use of technology. These factors are important to keep in mind before choosing a long-distance learning program.

Poor time management 

The class timings and duration might be set in particularity but as a student is new to an online learning format, it often gets cumbersome as they navigate through the modules, learn connections. All of which takes intensive work and time from their schedules. 

A student in his college days is faced with multiple assignments and tests that are a key aspect of quality education. AssignmentBro Read more

Starting a Business in Malta – Quick Guide

Malta is recognised as one of the best countries in the Mediterranean to start a business. The country has a great local workforce, a stable economy, and a flexible tax system. However, its main advantage is its location. Malta’s location gives it a great connection to both mainland Europe and North Africa, which makes it a country of choice for many shipping and logistics companies. Let’s take a closer look at the steps you’ll need to take to start a business in Malta.

Self Employed or Limited Liability

The first thing you’ll have to think about when you’re setting up a company is what your business’s structure will be. While you can always go as self-employed, you will open yourself and your assets to legal action. As a limited liability company, you will be better protected as a shareholder, and you will be more respected as well. Note that limited … Read more