Understanding exactly how to make your employees more productive can be tricky. Many businesses blame distractions like Facebook, smartphones, and a general lack of motivation. But you don’t have to ban websites and overload your employees with extra work to get them to be more productive. Instead, consider solutions that give them more confidence, a better understanding of their roles, and incentives to do well. Your employees will flourish in a goal-oriented, positive work environment.
Provide Ongoing Training Opportunities
Many times employees are unproductive because they feel frustrated by a task or a certain aspect of their job.…
It’s challenging for local business owners to focus on core activities when they have to juggle a hundred different balls at the same time. How can you focus on networking when you’re wrapped up by IT requirements? What about local partnerships and social media?
As local businesses operate with smaller workforces compared to corporate giants, staff members are pushed all the times, and the growing demands of business can often make you lose track of core business operations.
Fortunately, there’s the option of outsourcing.…
Outsourcing is becoming a more common practice in the business world, especially when it comes to smaller and medium sized enterprises. For those that aren’t familiar, outsourcing refers to the process of enlisting third party services to carry out tasks that are traditionally done internally. Thanks to advances in technology, outsourcing has become a more practical and in many cases more cost-effective and efficient than handling all of your processes yourself.
The increase in this process means that many smaller businesses can routinely outsource things like the payroll and accounting to cut costs.…
One of the main objectives of any business owner is to grow their sales. There are a number of things that a person can do in order to accomplish this.
First off all, taking the time to research how to best improve a company’s marketing CRM can prove to be very beneficial. Also, making sure that the relationships that a company has with their customers is strong should be the main concern for a business owner. Finally, neglecting to adequately take care of the customer’s business has can make it very hard to grow over time.…
Most startups have to do the maximum with minimum budget. You’ve worked hard to sell your idea to an investor. You’ve been given what seemed like the ideal funding, but you soon find that most of your expenses are much higher than you anticipated.
This is especially true when employing staff. While you thought you could make do with the team that you already have, your needs keep on growing, until eventually you’re forced to hire or burn everyone out.
The good news is that there’s an affordable alternative.…
Whether you’re looking for a complete change of career direction or have been looking at an opportunity for promotion, you’re probably aware that in order to get the business job of your dreams, you’ll have to put a lot of work in. The business industry is very competitive, and in order to be a successful candidate for a number of different positions, employers are looking for various different traits, skills, and qualifications. Thankfully, it’s possible for you to highly increase your chances of getting your dream business job by improving your skills, knowledge and qualities.…
Off-shore companies have been a synonym for dishonest business and tax evading, but in the time of fast technological advancement, when successful business can be run from anywhere in the world, founding a company in countries that ask for less taxes and provide better conditions for startups sound like a very logical thing to do.
Before you decide to start your own off-shore company in some of the tax havens around the world, you should ask yourself a few basic questions:
Is founding an off-shore company going to cut my business cost?…
There are many benefits to growing your small business beyond your home office. Having a professional office space instantly boosts your business credibility and will hopefully attract bigger and better clients.
Below are some top tips for growing your business – whenever you are ready to go to the next level:
Find a suitable office space
Moving out from your home office can be daunting. Looking for office space which is affordable, suitable and relatively close to your home is tricky.…
If you’re running a business, don’t underestimate the importance of bookkeeping and accounting. Many companies have found themselves in trouble with the law after failing to keep accurate records of their income and expenditure. There are many other good reasons for taking bookkeeping seriously. It’s important not to bury your head in the sand when it comes to paperwork, as the more you do so, the bigger the problems you might face in future become.
Help your business grow
One of the biggest advantages of bookkeeping is that it allows you to grow your business.…
In the last five years, cloud computing has grown from a relatively unknown force to the backbone of a huge deal of personal and business data, although this has lead to security concerns for some. For businesses, this becomes extra tricky, as the risks of loss of theft of clients’ personal data can break an organisation. With new protocols soon to be introduced by the European Commission, it’s important for EU businesses to think carefully about how to back up and who to trust with sensitive data.…
