What Are The Benefits Of 3D Printing?

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StrategyDriven Managing Your Business Article | What Are The Benefits Of 3D Printing?

These days, more businesses across a huge assortment of industries are embracing the process of 3D printing. This is because of the many different advantages that it possesses. With that being said, in this blog post, we are going to explore all of the benefits in further depth to help you get a better understanding.

3D printing is rapid

There is only one place to begin when it comes to the benefits that are associated with 3D printing, and this is the fact that it is rapid. Rapid prototyping provides you with the ability to design, test, and manufactured a customized part in a small amount of time. Plus, if required, you can modify the design without the speed of the manufacturing process being adversely impacted.

Great flexibility

Not only does 3D printing deliver rapid speed, but it is also incredibly flexible as well. You can create virtually anything with a 3D printer. On the flip side, if you were to use a traditional manufacturing process, every new part of every change within a part design would demand a new jig, die, mould, or tool to be manufactured for the creation of the new part.

Sustainability

In addition to the points so far, with 3D printing, you do not need to outsource as many parts for outsourcing. This means that the environmental impact is lower because fewer things are being sent around the world and there is not any requirement for an energy-consuming factory to be maintained.

Reduce risk

By switching to 3D printing, you are also going to be able to lower the risk involved with the manufacturing process as well. This is because product designers are going to be able to verify product prototypes before they begin making significant investments in manufacturing that can be disastrous.

High levels of quality

Aside from the benefits that have been discussed so far, you can also expect high levels of quality when it comes to 3D printing. Poor designs can arise through traditional approaches to manufacturing. However, the way that 3D printing works mean that the assembly is a step-by-step process, which ensures the design is improved and that you benefit from an exceptional level of quality.

You can reduce expenses with 3D printing

In addition to the suggestions that have been discussed so far, 3D printing is also great for those who are looking to lower their costs when it comes to production. 3D printing is deemed one of the most cost-efficient manufacturing options. Injection moulding and CNC machining, which are more traditional approaches, demand a big number of costly machines, and the labour expenses tend to be a lot higher as well. Therefore, you can expect to save a considerable amount of money by making the switch to 3D printing.

So there you have it: an insight into some of the different benefits that are associated with 3D printing. We hope that this has helped you to get a better understanding of why 3D printing is so beneficial and how you can make the most of it in your business.

6 Tips for Preparing Your Business Move

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StrategyDriven Managing Your Business Article |Moving your Business|6 Tips for Preparing Your Business MoveThe move is not a stage reserved exclusively for individuals. Indeed, whether it is to integrate a more modern space or for economic reasons, a company may also have to change premises. In this case, the company has to hire a professional mover. You should know that moving a business turns out to be a very specific task and that not all movers are able to carry it out.

Let’s see together what these specificities are and how to find the right mover for your company.

1.Good material and psychological preparation for the move

You must take into account the technical difficulties of the relocation, but also the human factor. To reduce the stress inherent in any move, it is essential to communicate the move with employees and start preparing the office for the move. Preparing the office involves removing any junk or unwanted items that you don’t want to take with you, if there’s a lot of this it is worth hiring an unwanted furniture removal service to clear it for you. Informing employees involves communicating the new location, move dates and any disruptions to work.

2. The administrative procedures of the company before the move

Several months before leaving permanently, the manager of the company must terminate the commercial lease (s) (commercial leases) of the old premises. Be careful; read your lease carefully before submitting a notice of departure.

3. The appointment of removal manager

The volume of work required for a successful business move means that it requires hiring relocation services. An internal team can sometimes face insurmountable difficulties, especially when the employees are new to this field. It is, therefore, recommended to delegate this task to professional moving companies.

Thanks to their mastery of business transfer skills, they will be able to draw up coherent specifications as well as manage the budget accurately.

4. Who should you notify of your change of address?

For businesses, postal details are of paramount importance. External collaborators (customers, suppliers, and shareholders) need to send documents regularly (invoices, purchase orders, complaints, etc.).

The change of address on letterheads, invoices, or even business cards must be planned in order to maintain a serious image of the company. Ideally, the upstream preparation will have already allowed the stock to flow naturally over the months while waiting for delivery day. Otherwise, you can print these official documents a few weeks before the move.

5. Take an inventory of your furniture and IT equipment

With regard to IT equipment, it is essential to delegate a manager to it who will have to detect obsolete elements and who will have to plan the transfer of each IT unit from one room to another.

On the relocation day, the movers will have already received dispatch instructions on arrival to facilitate the distribution of moving boxes. The transport of the computer park is delicate since these machines often contain precious and confidential data.

The designated person is, therefore, often responsible for backing up company data. Labeling is also an essential step to take in the aftermath because it simply allows employees to get back to their jobs more easily and quickly after the move.

6. Develop the specifications and schedule of operations

Once the details of the move are known (signed lease, fixed date, employees notified), the move should be planned and organized. In other words, you have to prioritize the parts to be moved. For example, some departments will have to wait last, such as customer service or after-sales service. This kind of precaution is necessary in order to avoid oversights and unpleasant incidents.

To calculate the cost of the move, it is important to refer to the estimate of your mover. In general, it is based on the specifications and the schedule of operations. It is imperative to have excellent time management and optimization of each trip between old and new premises.

How to Grow Your Dispensary Business

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StrategyDriven Managing Your Business Article | How to Grow Your Dispensary BusinessYou are reading this article because you are probably intrigued about what a dispensary SOP is, or you are trying to find a way to improve your current model. The only thing that matters is that you are taking the necessary initiative to get things done and ensure the future success of your business needs. If you are a beginner who isn’t quite certain about the world of dispensary SOP’s, then it is best to start by establishing its meaning. A dispensary SOP is a shortened name for Dispensary Standard Operating Procedures PDF which is the most significant document that is unique to each business because it sets out specific outlines, procedures, and regulations particularly in the cannabis industry. Even though it can be a complex document to formulate, it is the most effective document that you need to ensure that your business’ resources are managed adequately.

What Is A SOP? 

A well-thought-out and professional dispensary SOP will benefit you with acquiring your license but it is the main building block towards your success in dispensary marketing. A strong dispensary marketing strategy will elevate your cannabis business and ensure that it ranks highly because the dispensary SOP provides a step by step manual that guarantees an understanding of the core areas of the business that require standard operating procedures. This is why it is important to establish a dispensary SOP that your employees and management can understand.

What To Cover 

When establishing a dispensary SOP for a cannabis business, you ought to have a detailed assessment of how your business will be able to cover these areas.

Security

The potential for theft and other related illegal activities is high when dealing with large amounts of money. The types of security measures need to be considered alongside the state requirements.

Quality Assurance

Your dispensary SOP needs to detail how it will maneuver environmental, sanitation, and inspection factors. Adequate testing has to be conducted by any of the licensed cannabis testing facilities.

Packaging and Labeling

States have different laws regulating how cannabis products should be packaged and labeled, particularly where products could be exposed to the youth. Safeguarding measures are necessary for children.

Inventory Control

This is also known as “track and trace” in some states. Strict inventory management is a necessity to outline the procedures of handling and storage.

Storage

It is generally separated into the storing of records and cannabis products. Licenses and any required documents need to be stored in a secure place that will enable authorities to see them when requested.

Cash Handling

This needs to be addressed to avoid any potential fraud allegations. Strict practices are necessary for a dispensary SOP.

Making Your Business Known

Once you have compiled an efficient dispensary SOP that covers every area of your business including your founding values, vision, and mission the next thing that you need to concern yourself with is to devise a quality and innovative dispensary marketing strategy. The industry is highly competitive and with more countries relaxing their strict laws around the sale and purchase of cannabis it will become more saturated. This is why it is important to come up with a dispensary marketing plan that can adapt to the current digital age. The advertising laws in this industry are still strict and it makes it a challenge to advertise cannabis freely. Moreover, cannabis is still classified as a Class 1 drug, as a result, dispensary marketing is a major challenge. If your adverts are not being removed from advertising channels, they are too costly for most businesses to afford. As a result of these problems, most businesses have opted to use practical and less costly methods to improve their dispensary marketing challenges – direct mail, mass SMS, and email. However, mass SMS seems to be the most effective option of these three methods of advertising.

Word of Advice 

If you still feel like you don’t quite understand how dispensary SOP documents work or feel as though you might struggle coming up with a unique dispensary marketing campaign, then you can enlist the services of a company that will assist you to come up with great ideas to improve your business to be world-class standard and compete with industry giants.

How to Prepare Your Business for International Expansion

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StrategyDriven Managing Your Business Article | How to Prepare Your Business for International ExpansionInternational expansion can be a big step for any business, no matter its size. It can bring plenty of benefits to a company – a whole new array of potential customers and the opportunity to operate in a less saturated market. However, it does come with risks – expanding is expensive and you’ll be operating in unfamiliar territory. What can you do to prepare for international expansion?

Market Research

Before you begin to think about expanding overseas, you need to understand the new area, and who you’re selling to. Market research is a vital tool for success. You need to have a firm knowledge of the country’s culture, how your customers think, and if your brand would succeed there. To get a firm understanding of the region you’re aiming to expand in, you need to spend some time there. For example, if you’re hoping to operate in the States, you can stay in a serviced apartment in New York to help guide your research and develop your understanding of the market.

Understand Your Capabilities

You need to assess whether international expansion is the right step for your business at this current time. You need to ensure the company is strong and secure in its current market. Venturing abroad won’t help if the business is already struggling. How are your finances? Review your budget and make sure you can afford to invest in international expansion. Expanding your business should help its success, not further hinder its funds. You also need to assess your company’s infrastructure and whether it would work abroad.

Delivering Goods

When it comes to shipping packages you need to understand a variety of global regulations. These can differ from country to country, so you need to ensure your packages are labelled properly depending on when they’re being shipped. Plus, take into account shipping times as well. You want to ensure effective delivery service and customer satisfaction in whichever country you’re operating in. Research courier systems and see which ones could benefit your business the most.

Right Team

Take due diligence with selecting your team members. Whether you’re intending on opening an office abroad or hiring remote workers – spend plenty of time considering who is right for the role. Hiring within the international market comes with pros and cons. You have got access to people who know the culture but potentially lack experience and vice-versa. There is a solution to this. Research countries that have a lot of professionals within your line of work, then you can hire new staff with ease. Your team will have a drastic impact on future success so don’t rush your decisions.

International expansion offers incredible opportunities for a growing business, but it is not a decision that should be taken lightly. Do everything you can to ensure your company is prepared. Have you had any experience with international expansion in the past?

Growth Strategies For Your Online Business

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StrategyDriven Managing Your Business Article |Growth Strategies|Growth Strategies For Your Online BusinessCountless people are starting online businesses, and even though it might seem easy, it is hard work. There are 582 million entrepreneurs globally; however, 22.5% of companies don’t make it past the first year. To develop a successful business, you will need to connect with the right audience using the proper strategies such as the following listed here.

1. Conducting market research

You need to understand your market when venturing into a business. Research should be conducted directly with potential customers, allowing your business to recognize its target market and get feedback about interest in the product or service you are offering. Having a fair idea about your market will also help you know if you will be successful. Additionally, it enables you to refine your ideas and strategize ways to help your business stand out from the rest.

2. Getting a website

Developing your website is vital to getting your business online as most people looking for information on your business will check the internet. Having a website is essential whether you will be selling goods online or providing some information about your business and your contact particulars. It should not be a complicated or expensive process. Note, however, that customers usually expect your domain name to be related to your business name. Therefore, choose a domain name that reflects your products or services so that customers can find your business quickly through a search engine. To register your domain name, discover an accredited registrar, and go along with their registration demands. Services, charges, terms, and conditions may differ from registrar to registrar, so be meticulous in checking differences.

3. Leveraging social media

Social media should be a choice in enhancing your presence in the online market. Instagram, Facebook, YouTube, Twitter, and other social media platforms have highly engaged audiences. If you want to be successful, it’s best to begin by determining what social networks work best for your business. Also, cross-promote your social media accounts on your website to raise brand awareness and engage with customers to gain valuable insights, share content, get feedback, and build brand loyalty. And by keeping your profiles active, you can grow your following and drive more traffic back to your website.

4. Email marketing

Messaging platforms are escalating, but emailing has stood its ground, and you can use it to grow your online business. Start by looking through your old contact book for email addresses that might come in handy. If you don’t have any, don’t fret; start building an email marketing list. Compiling one will require time and effort, but with patience, you will see its fruits. Once you’ve amassed a sizable list, start reaching out to the people to promote your business. You can work with an online data broker for a faster yet reliable process at a reasonable price. Data brokers already have an extensive email list and the necessary information for a more targeted advertisement.

If you’ve been discerning ways to start your online business, be patient; you can establish a formidable business online once you enhance your presence in that space. With these steps, you can develop something for your target audience and grow your business successfully.