Most likely, there’s a silent don’t ask, won’t tell rule in your business; not everyone will offer up negative feedback to the boss. So it’s necessary to ask certain questions in order assess how you can hold on to all of your key players.
There’s no way to avoid the fact that millennials are everywhere—in classrooms, the workforce and the marketplace. Knowing how to appeal and sell to millennials is essential for the survival of many businesses. With the rise of technology and online marketing, this generation is more aware of marketing gimmicks, requiring retailers to be more strategic and creative. Here are a few details to consider when targeting a millennial audience. Millennials grew up in the Digital Age. For this reason, … Read More
Every small business owner knows that growing a company isn’t an easy task and doesn’t usually happen overnight. It takes long hours, strategic planning and sometimes a lot of help from family and friends. From finances to marketing, your business has many components that take up a bulk of your time, even with the help of your staff. There are several resources you can use to relieve some of your stress and allow you to focus on growing your business … Read More
You put a lot of trust in your employees to produce quality work for your company, but do they trust you? When your employees feel that they have your faith and loyalty, they will give their best efforts to get the job done. Employee trust in management can greatly improve productivity, employee engagement, and employee retention. Here are a few ways you can build a foundation of trust between you and your employees. Communicate Openly When communicating with your … Read More
As you may have already come to realize, starting a business is not cheap. Not everyone can effortlessly launch a multi-million dollar corporation with a few hundred dollars and a great idea. Getting your business off the ground could mean cutting back on personal expenses and being savvy about how to make the most out of the resources you have. Operate as a Sole Proprietorship Sole Proprietorship is the least expensive operating structure you can use to launch a … Read More
A football team is comprised of linebackers, receivers, guards and a quarterback. Despite their title, the players work together to meet one common goal—to score a touchdown. Your business can work according to the same dynamic. Encouraging teamwork throughout your business builds trust, stimulates creativity and improves efficiency. If two heads are better than one, think of what a team of five could conjure up during a quick brainstorming session. Use these methods to help your employees collaborate effectively, so … Read More
Getting back to work after the Holidays may not be easy. Once everyone is back from vacation, it’s likely that your inbox is full and your calendar is getting crowded with meetings. If you’re having trouble catching up with your workload, here are a few tips that will help you get back on track. Review Last Year’s Business Plan Now is the perfect time to take a look at how your business performed in the previous year. Did … Read More
Company layoffs and early retirement packages are sometimes beyond your control, however, the next step is always in your hands. You could travel the world, move out of town, or you could share your years of experience with other business owners who need your help. Business coaches are in demand for a number of reasons; some entrepreneurs are so engrossed in their businesses that they can’t find time for their personal lives. They need help extracting themselves from their companies. … Read More
Most job seekers and entry-level workers understand the impact a good connection can make on their careers; the same can be applied to business owners. Networking is a necessity, even after you’ve successfully launched your business. In some cases, ‘who you know’ could lead to new business ventures or an increase in your client roster. Following a few networking guidelines can significantly expand your list of contacts, and potentially connect you with your next business partner or client. One … Read More
One of the most often forgotten aspects of business is continuing education for employees. There is plenty for every worker to do each day and it might not seem possible to fit in employee development. However, employee development presents several benefits for the company as a whole.