Peerview Data Insights

Companies are generating more data than ever before. When it comes to analyzing and utilizing this data, many companies are under the false impression that getting insights is difficult or time consuming. To help companies better understand how Peerview Data’s process of Big Data, analytics and benchmarking software process works, we're continuing a series of blog posts that examine the individual performance metrics that are at the heart of this analysis.

In a recent article from Small Business Trends, ten of the top reasons that small businesses struggle or fail were highlighted. Starting a business and operating as a small business can often times be hard to navigate and scary, no matter how confident you are in your product and ideas. Through this article, author Jeff Charles lists the complications as follows: 

1. Healthcare
2. Government Regulations
3. Federal Income Taxes
4. The Economy 
5. Tax Compliance
6. Cash Flow
7. Staying Passionate
8. Not Diversifying Client Base
9. Growth vs. Quality
10. Hiring New Employees

We finally made it to Friday, everybody. In case you missed anything this week, here's the content we shared and passed on to you! 

"Your clients are looking for an expert to give them an edge, and if you can’t, they’ll find someone who can." -Ryan Watson

We recently came across this article that we found to be extremely interesting. Here, Andrew McAfee and Erik Brynjolfsson spotlight the way that business management has been reconstructed and made to be more innovative in recent years with the help of Big Data. 

Even as the passing days take us further and further from January 1^st and its surrounding stigma about resolutions and goals, a quick glance at the calendar and all the months to come this year still inspires ideas and optimism about what one might be able to accomplish in 2018.

Sometimes you have those potential client meetings that take you back to eighth grade speech class. Who cares if you currently have a mortgage and are married with a car that’s (almost) paid off? You’re sweating like the pubescent, nervous wreck you used to be. But why?

Name: Miles Z. Sterrett