Non-Performance Reasons to Recognize Your Employees It’s important to show your appreciation and recognize your employees when they achieve their goals, go above and above with their efficiency, or receive positive feedback from customers. However, you shouldn’t always wait for a worker to impress you with their performance before praising them for their contributions...
Mass Layoffs in 2022: What’s Next for Employees? In the business world, mass layoffs are a difficult but frequent occurrence that often leaves employees unsure of how they’ll be affected and what to do in the event that they receive a pink slip. The US employment market is now strong, with low unemployment rates...
7 Steps for Making Constructive Decisions in Business Because entrepreneurs must make hundreds of decisions each year, decision-making is essential to the entrepreneurial journey. For the business or organization, one poor choice can result in a substantial loss. One must take into account each step of the decision-making process in order to produce decisions...
The Benefits & Importance of ERP ERP (Enterprise Resource Planning) is elevating the management and general operation of organizations to a new level. Is ERP software beneficial? What function does it serve in managing business operations? Let’s examine numerous more crucial factors and determine why ERP systems are necessary for modern-day corporation management! What is ERP?...
What Is Commodity Trading? The majority of people probably already know what commodities are, and for those who don’t: they are fully raw materials or agricultural products. The key question is how many people are aware that trading in commodities involves buying and selling these goods. Previously, people would really exchange these goods, but nowadays,...
How to Minimize the Lead Conversion Gap There has been a gap between the marketing and sales businesses for many years now. How then, as business owners, can we reduce the distance between leads and conversions if that is the case? The misalignment of the marketing and sales departments is what causes the lead...
SEO VS PPC: A Comprehensive Guide to Which Is Right for Your Business Are you unsure if SEO or PPC will benefit your small business more? Do you have a limited budget and NEED to make the best decision? This thorough guide will analyze each method and assist you in selecting the one that...
The Latest Features on Instagram 2022 Instagram experienced a lot of activity and change in September in 2022. The platform keeps evolving quickly, with fresh updates and features appearing virtually every week. Will Instagram find a fresh method to stand out or follow TikTok’s meteoric rise? Will the switch to Reels be successful? Stay tuned;...
New California Law Requires Job Postings to Include Salary Ranges Thanks to a new salary transparency bill that Governor Gavin Newsom signed into law on Tuesday, pay ranges will soon be listed on job listings in California. Nearly 200,000 businesses with 15 or more employees will have to begin posting wage ranges on advertisements for tasks...
Selling your small business is never a simple decision. Selling a business can be emotionally difficult, regardless of whether you want to retire, are having financial difficulties with business expenses, or simply no longer have a passion for the sector. Let’s simplify things by talking about the value of a third-party business valuation. When...
Employee training is a crucial business strategy that is frequently neglected and undervalued. It’s possible that business owners may not invest the necessary time in properly training people, and that the staff will just want to get to work after learning what is necessary. Training is sometimes viewed by small organizations with little resources and few...
Reaching out to potential clients via cold calling offers both many advantages and difficulties. The practice of calling prospective clients whom you have never spoken to before is known as cold calling. Some advantages of cold calling include strengthening your marketing and enhancing your sales pitch. Cold calling has a number of drawbacks as...
Financing Options for Small Businesses: Small Business owners have numerous financing options available, from traditional installment loans to lines of credit to microloans. However, the requirements for capital vary based on the nature of the firm. There are several loan solutions accessible, depending on your needs, whether you’re completely new to the market, your...
Undoubtedly, Fridays are among the nicest days of the week. It’s a day of excitement, forward-thinking, and distraction as the work week comes to an end and the weekend begins. Let’s face it, most people mentally shut down and anticipate an easy day. While to some extent it may be true, if you’re not careful,...
We’ve previously written about the importance of spreading equity to your employees or key partners. Stock options or other similar incentive plans are a great way to attract and retain top talent, incentivize current employees and build long term loyalty for your business. Some companies prefer to only reward senior management. But, I am a...
For many business owners today, managing surging inflation in a new experience. The responsibility and commitment to operating and growing a fiscally successful and sound business can be daunting, even more so during these challenging times. Business owners need to be creative in their approach. Inflation can have an impact on everything from materials, wages,...
Establishing boundaries early on will help you navigate your workplace, avoid toxic environments, and create a clear path that will enable you to achieve your best work without being exploited or burned out. Does your work email get checked outside of working hours, for example? If a problem arises, are you available on Slack 24/7?...
Many of us can remember the days of posting a job in the newspaper. While hiring methods have certainly evolved since the digital revolution, the ability to reach a wider audience has led to even more competition. This being said, every business at some point will need to invest in their job advertisements. As we...
It’s no secret that in today’s world, employees expect more from the companies they work for and are less afraid to leave those that fail to meet their expectations. As you sit down to calculate the employee turnover rate in your company, you may find yourself with some unique questions: “What if I had two...
There are many contributing factors that can drive an employee to resign from his/her position. Employees who find themselves constantly buried in their workloads and without the proper support from their peers and management will suffer the “need to get out” mentality. In a recent survey nearly 600 individuals said they left their job without...
Clearly, there is a lot of attention on the growing gig economy as workers continue to create their ideal arrangements and businesses benefit by embracing the future of work. While we have explored and outlined the direct benefits to hiring a virtual assistant, the whole process of finding the right one for you can be...
LinkedIn is a widely popular site to use here in the United States, as well as, in over 200 countries all across the world. Whether you are searching for a new job, looking to hire a new team member or want to stay up to date on the latest news and trends in the professional...
It has become increasingly common for companies to hire contingent workers to fill staffing needs and help with short-term or high-skill projects. But what exactly are contingent workers, and how can employers navigate the sometimes-confusing rules and regulations associated with them? Our team explains everything you need to know about contingent workers below. What is a...
After 11 consecutive months of hard work and perseverance to get his business up and running, the owner finally reached his breaking point. If you’ve experienced this yourself, you can probably remember the same feeling. At some point along their entrepreneurial journey, every founder will eventually reach this crucial moment in their life, one where...
Do you think that having a virtual assistant is a sort of luxury that only the big companies can afford? Not exactly. In fact, hiring a physical assistant not only soaks up more of your time and energy, but it also costs much more than hiring a virtual one. With the recent rise and development...
