Chloe received a bachelor's degree in journalism and mass communication from Ashford University and is currently a digital content creator for Hubworks. In her free time, she enjoys acting, writing, and spending time with family.
Small business growth involves strategic planning, as startups need to find a way to create or penetrate new markets that are already saturated by larger corporations.
A target market analysis evaluates potential consumers by pinpointing similar characteristics so businesses can finetune their marketing and product development strategies.
By establishing a new product forecasting process, businesses can project the demand, manufacturing needs, and other requirements of a product launch without any historical sales data.
Businesses that implement point-of-sale software can access POS analytics to assess their inventory, employee, marketing, and customer management strategies.
Small business technology enhances a company's business intelligence with modern functions that streamline internal operations while improving customer experience.