1. Make It Clear Who’s Responsible For What A crisis is usually an offshoot of being unprepared. Create a plan for the most common snags in your business and assign authority and responsibility. Make it clear who is responsible for what and how to get in touch with them. Then share that plan with everyone…
Owning your own business can be a double-edged sword. On the one hand, it means that you can work on your own time and set your schedule. On the other hand, navigating an industry as a business owner is considerably more difficult than doing so as an employee or a consumer. Sometimes, new business owners…
We live in a world that is busier, more expensive and more demanding of our time than ever before. This impacts a variety of areas of our lives. Consumers are more skeptical and more informed than they were in the past, and research has become the order of the day for many shoppers. That means…
One of the most stressful aspects of a business is deciding the type of healthcare you will provide to your employees. Most are conflicted with wanting to cover everyone but not wanting to spend a fortune on it. Choosing the wrong plan may cause a negative impact on the company’s bottom line. Therefore, we’ve compiled…
Millennials make up a significant portion of the consumer market, and companies are still trying hard to appeal to this population—some with more success than others. Marketing tactics that have worked in the past simply may not be effective when trying to reach this particular generation, especially since most of them have now entered adulthood.…
As a business leader, you have the responsibility to properly care for your employees and provide a positive working environment. Not only is taking care of your new colleagues the right thing to do, but it will also help you to attract and retain quality employees. Here are three ways that you can take care…
Throughout the years, it seems that more and more books on leadership and management have emerged. Why? Well, it appears that the majority of people in the workforce may be fully aware of the lack of leadership around them and, thus, feel the need to educate themselves. They may not feel safe nor confident obtaining…
When you hear the phrase “public speaking,” you might envision the act of standing in front of a group and giving a speech. It may even give you instant anxiety. But when you take the” public” out of public speaking, your stage fright might dissipate. Here is an example: I recently walked into a retail store…
According to the Small Business Administration, the odds are stacked against you if you desire to start a new small business. First of all, the SBA notes that 30 percent of new businesses will fail within the first two years, 50 percent within the first five years, and a whopping 66 percent within a 10-year…