Maybe business has been slow lately. On the other hand, maybe it’s booming, and you’re continually thinking of ways to get ahead of your competition. Regardless, it’s important to think about how you can innovate and stay ahead of trends, so you can continue to grow your business.
Of course, you should be cautious before investing in the newest, shiniest technology. New technology can take a bite out of your savings account, and it might just be a fad.
But there are a number of trends in the technology, eco-friendly, and culture spaces that you should investigate.
For example, in the technology space, some small business owners provide their employees with wearable technology that can track heart rates and exercise. By encouraging healthier lifestyles, owners also encourage a more productive workforce.
Or, take the emerging cultural trend of working from a remote location. If your small business doesn’t offer this flexible perk, it might be time to change your policies to stay relevant. After all, about 70% of the global labor force works remotely at least once a week.