You have decided to strike out on your own. But are you completely prepared? We look at things to get your business up and running. Ask pertinent questions – Brainstorm on certain questions. These include the type of business you want to run. How many locations you want? How many employees you want? Do you have the skills to run … Continue reading
Posts Categorized: Management
7 Tips for making a successful sales plan
Every sales department and company makes sales plans. However all the plans do not necessarily meet with success. Small businesses need to have sales plans just like established players do. A sales plan outlines sales goals, deadliness to meet the sales goal as well as the process to achieve the targets. By not planning, small businesses are setting themselves up … Continue reading
How Small Businesses Can Ride Out Tough Economic Times
It is natural for the economic conditions in business to have ups and downs. While there are relatively fewer problems during good times, small business owners should be prepared for the bad times. We look at ways how to tackle the small business impact on economy. Concentrate on existing customers – It is always easier to get more or different … Continue reading
Stress management tips for small business owners
No one is immune to stress, especially small business owners. The latter wear many hats ranging from receptionist, marketer, salesperson, administrator, accountant and more. They are usually on a tight budget, overworked and have to meet tight deadlines. In short, they are usually under considerable stress. Stress can negatively impact both health and productivity; hence, the need to tackle it … Continue reading
How to retain your best employees
Your employees are both the face and engine of your business. Retaining good employees is critical to any organization’s success.There are ways to increase employee retention rate, meaning significant savings for your company by spending less money on hiring, training and development. We look at ways to Retaining good employees. Recognize and appreciate accomplishments – Take the necessary time and … Continue reading
Keep Your Employees Happy
The employees of a company constitute the most important part of its foundation. Every organization big or small needs to keep its people happy to conduct business smoothly. Job satisfaction, sense of ownership and employee recognition etc. are important factors that motivate your employees to stay on the top of their class. Your employees are the internal customers of your … Continue reading
Work Smart Not Hard
It is said that when one lives for a stronger purpose, then hard work is not an option but a necessity. No matter how inspirational this saying may sound, it doesn’t have much to do with real life scenarios. The endless list of tasks that need to be completed on time, the overbearing bosses and ever-increasing work pressure render the … Continue reading
5 Tips to Keep Your Meetings Productive
Do your subordinates perceive workplace meetings as boring and futile? Have you given a thought on making them more interesting? Making your meetings more fun shall spontaneously make them more interesting and productive as you begin to achieve the underlying objectives. Holding meetings with your team is one of the best means of strengthening interpersonal relationships, boosting morale, identifying the … Continue reading
Find Yourself a Business Mentor
The importance of having a business mentor has often been undermined by many of us. In the modern day business environment where competition has taken a front seat, it becomes all the more necessary to find yourself a suitable mentor who will advice you and guide you through the maze of corporate warfare. Who is a Mentor? Sometimes, we tend … Continue reading
4 Ways to Improve Your Memory
We certainly grow wiser as we grow older. Nevertheless, the risk of losing our grip on our memory is impending. Our memory is like a diary. It holds our past experiences and choices that define who we are. These experiences guide us as we move forward in life. The memories work like a base for our decision making processes. We … Continue reading
