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Small Business Trends to Watch in 2014

By Ben Posey posted Jan 08, 2014 16:41

  
As we close the books on another year, small business owners are now turning their attention to the trends and predictions for 2014. As the times change, additional business skills training and new strategies become necessary. Here are three key areas to keep an eye on as you plan for next year:

Technology
According to Entrepreneur, technology is vital to being able to compete in the marketplace and increase profits. They have identified cloud technology, tablets, rewards programs, accounting apps and sales plug-ins as keys to small business success in 2014.

Marketing
Being able to effectively market your business in a technological world continues to be a challenge for many companies. Small Business Trends sees social media, mobile capability and online video as being the top three tools for successful marketing in 2014.

Demographics
Small Business Labs has released their annual Top 10 Small Business Trends List. In it, we see inter-generational workplaces continuing to be a factor. This time, we’re seeing Baby Boomers and Millennials teaming up to start small businesses. This one-two punch partnership brings a strong combination of business experience and modern tech skills to a new business venture.

A new partnership is one way of starting a business and immediately tackling the demands of the 2014 workplace. For businesses that are already competing in the marketplace, training continues to be key to gaining the must-have skills to succeed.

See more at: http://www.trainup.com/Blogs/1/Training-Insights/post/9076/Small-Business-Trends-to-Watch-in-2014#sthash.SlR6Jtfg.dpuf
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