After a year’s postponement, new lease accounting standards will take effect in December 2021 for private companies and non-profits operating in the U.S. Under ASC 842 and IFRS 16, long-term leases must now be captured on the balance sheet. This is a significant change and makes accounting for leases much more difficult. Let's look at how to make it less demanding.
Well, it’s March again. For many of us, March 2020 marks the last time business felt “normal.” Even though many companies have gone back to their offices physically, the impact of the changes to sales and marketing can still be felt. In fact, there are some things that changed about how we do marketing and sales that are permanent.
Unfortunately, the only free cheese is in the mousetrap. You pay for everything you use. Even the free applications and subscriptions you enjoy every day have their price – the data. It’s also the natural component of using services and applications you pay for. While some people are terrified of the idea that someone’s using their data, others find it a norm because they understand why data is valuable and how it circulates in the Internet World. In this blog, we’re looking at the value of data.
The process that turns those ideas into actual innovations can be referred to as intrapreneurship or corporate innovation. It relates to a system that allows employees to act like entrepreneurs within a company.
Let’s start with the basics. B2B e-commerce, short for business-to-business electronic commerce, is the sale of goods or services between businesses via an online sales portal. In general, it is used to improve the efficiency and effectiveness of a company’s sales efforts. Instead of receiving orders manually, relying on human assets, like sales reps, and communication by phone or emails, orders are received digitally, reducing overhead costs.
When we ask our clients what their ultimate business goal is, their answer is usually centred around growth: company growth, exponential growth, etc. This forward-thinking and planning are, of course, part of why they decide to engage with a HubSpot partner and invest their money and time into Inbound Marketing efforts. In this blog, let's look at one of the key growth elements – customer retention.