{"id":7703,"date":"2021-01-22T13:45:25","date_gmt":"2021-01-22T08:45:25","guid":{"rendered":"http:\/\/pclearnings.com\/?p=7703"},"modified":"2022-08-12T19:43:51","modified_gmt":"2022-08-12T19:43:51","slug":"modern-ways-of-doing-business","status":"publish","type":"post","link":"https:\/\/pclearnings.com\/modern-ways-of-doing-business\/","title":{"rendered":"An Entrepreneur\u2019s Checklist of Modern Ways of Doing Business"},"content":{"rendered":"

\"modern<\/a>As you move into the new decade, the business world becomes savvier and the competition gets tougher. Entrepreneurs must, therefore, be constantly aware of the latest trends, market demand, and their customers\u2019 preferences. This way, their businesses will gain loyal customers and last for a long time.<\/p>\n

The success rate of first-time entrepreneurs is only around 18 percent. If you want your business to prosper, you must not only work hard to promote your brand and build customer relationships. You should also integrate new technology and try innovative ways to thrive in the industry.<\/p>\n

Gaining a foothold in a competitive market is never easy. To help you become a successful entrepreneur in this fast-paced and modern business world, here\u2019s a short to-do list.<\/p>\n

Create a Drug-Free-Workplace Policy<\/h3>\n

Even though states are taking matters into their own hands, and many have their own laws for the medical and\/or recreational use of cannabis, entrepreneurs should still test their employees for substance abuse.<\/p>\n

State drug-testing laws change from time to time. Be updated on the latest policies to avoid any legal problems. Employers usually require employees to pass drug tests<\/a>, especially when safety-critical occupations are involved.<\/p>\n

Make the Most Out of Social Media Marketing<\/h3>\n

Social media can influence a person\u2019s buying decision. As a matter of fact, more than 47 percent of Americans say that Facebook greatly impacts their purchasing behavior. Without any social media presence, businesses are missing chances of gaining more sales and new clients.
\nSocial networking sites enable you to increase brand awareness, promote new products, and receive real-time feedback from clients. To effectively market the business online, you can do the following:<\/p>\n