Do you know that home businesses are the most competitive on the market? Smaller businesses run by stay-at-home moms and home entrepreneurs are far more flexible than large corporations in reacting to market changes. This huge advantage can be enlarged even more when you know how to use business analytics to your advantage.
According to recent studies compiled by Ohio University, there are a lot of benefits to be gained from knowing how to perform business analytics effectively. For starters, you can save a lot of money on mistakes by making accurate, data-driven decisions based on information. It is also easier to know the things customers really like – and use these insights to expand your business further – through analytics in business.
So, how can you get your business analytics game on and enjoy these (and many more) advantages? The Importance of Business Analytics infographic by Ohio University has all the answers for you.
Ohio University Online
This infographic was created by Ohio University.