Wells Fargo Small Business

Business ServiceWe provide resources and information to help Canadians get their businesses going and growing. With the deadline for the EU’s General Data Protection Regulation (GDPR) fast approaching, and other incoming regulations on the horizon, banks and other financial services institutions should use their regulatory and digital programs to drive a stepchange in value across their ecosystems.

By buying time in bulk from wholesalers, long-distance resellers ring up sales by servicing long-distance consumers-often at significant savings. You make the call: Either purchase the telecommunications equipment you’ll need now, or rent it and simply focus on the marketing of your service.

Adam Smith ‘s book The Wealth of Nations, published in Great Britain in 1776, distinguished between the outputs of what he termed “productive” and “unproductive” labor. The former, he stated, produced goods that could be stored after production and subsequently exchanged for money or other items of value. The latter, however useful or necessary, created services that perished at the time of production and therefore did not contribute to wealth. Building on this theme, French economist Jean-Baptiste Say argued that production and consumption were inseparable in services, coining the term “immaterial products” to describe them.

Gartner’s maturity model shows that among Infrastructure & Operations personnel, the current ranking on the maturity scale (stages include: Awareness, Committed, Proactive, Service Aligned, Business Partner) is 2.35 out of a possible 5. That means that majority of IT organization have not yet achieved a service-aligned view of their operations.

With specialized software, creating websites comes easy, so long as you have some basic technical and graphic savvy. Home in on business by helping businesses establish a site; existing clients will need help keeping their websites up-to-date, as well.