Making sure your employees consistently put in a top performance is crucial in business. Motivating your employees – and maintaining that motivation – plays an important role in helping them achieve that. Using money as an incentive was once the answer, from the annual staff bonus to the cash-in-hand wins for hitting daily sales targets.
But there is a much better way to motivate your staff than just dishing out the cash.
Offering employees incentive travel experiences – a night in a fancy hotel or city break through to a fantastic overseas trip – has advantages that cash can’t provide.…
The purpose of an exhibition is to catch the attention of visitors and get a buzz started about your brand and message. However, you can’t do that unless your exhibition stand attracts attention, and that means that you have to find a way to ensure that it stands out from all of the others around it. Take a look at some tips that can help you ensure that your exhibition stand is successful.
Grab a Great Location Early
“Location, location, location” may be the first rule of real estate, but it’s also a pretty good rule when it comes to setting up an exhibition stand.…
Insurance
Vehicle insurance can’t be avoided; it is the law.
Every small business running a commercial van knows that time must be spent shopping around for the best insurance policy, which gives the cover required at a price that is affordable. Wouldn’t it be great if you could reduce your premiums even further without having to go through any additional paperwork?
That’s exactly what the new Aviva Drive app offers. Utilising the GPS in your smart phone, Aviva Drive can monitor cornering, braking and acceleration skills.…
Even though globalization seems like something for large corporations, small businesses do have a pretty good chance too. In the US, countless small businesses make the leap every year. The secret is to thread with care and access markets that are familiar, like Canada and Mexico first. This way, you will get familiar with the idea of selling over borders and you will be able to slowly grow in other corners of the world.
The best way to extend over boundaries is to make use of the advantages offered by the online environment.…
It may be easier than ever to get into business these days but, with so many small businesses springing up, the competition is fiercer than ever. Every little saving you can make on the overhead increases the chance of success, and sometimes that means taking a sideways approach and being a little unconventional.
Here are couple of ways today’s business owners are taking advantage of modern storage solutions, and keeping more of their hard-earned profits in their own pockets.
The Paperless Office
Gone are the days when a business needs banks of filing cabinets or even a dedicated filing room.…
Considering it’s so important, it’s surprising how many business owners dread the regular date with their books. Much of the reluctance stems from confusion, either through lack of bookkeeping knowledge or through using a system that’s too complicated for their needs.
If bookkeeping is one giant hassle in your business world, these quick tips may help it become less of a burden.
Decide Between DIY vs Accountant
Entrepreneurs often decide to do it all themselves. But it’s not always a good idea if you don’t know the first thing about bookkeeping or have no head for figures and so let basic tasks pile up.…
When you first start a business, often you find yourself wearing many hats in the early stages. It’s easy to become trapped in the mindset of “solopreneur” over time, but eventually you reach a point where it’s impossible to go any further without help. There just aren’t enough hours in the day. If you truly want to grow and expand your business, you’ll need a stellar team in place.
To help lessen the learning curve and avoid costly missteps, here are 10 team building secrets you can use right now to boost your business:
1.…
Not that many people go for a long term lease when they rent a place. There are many reasons for this, and one is due to the need for flexibility and another is to keep their options open. While a short term lease does give you a little wiggle room, particularly when you are unsure of the area, there are many more reasons why you should actually opt for a long term lease.
Short term leases are preferred by many, particularly new businesses, because of the freedom it gives them when expansion or even closure occurs.…
Running a business is stressful no matter who you are or how long you’ve been in your industry. Whether you’re the latest tech start-up taking the market by storm, or you’re celebrating 50 years with a global corporation to manage, there will always be money saving hacks that can help you.
In today’s article, we’ll be discussing just three of these business hacks that will help shave money off your overheads. You’d be surprised how small changes can make such big differences, when the time comes to balance the books.…
Accounting can be one of the more time-consuming and expensive routine tasks for small businesses.
An estimated 20 percent of small-business owners spend 10 to 24 hours a month on accounting, and in the process can lose as much as half a week of productivity during the same time period.
When related tasks, like payroll and tax preparation, are factored in, 58 percent of small-business owners wind up spending more than 41 hours a year on accounting, including 40 percent who spend over 80 hours a year, which is equivalent to two weeks of lost productivity.…
