Borrowing money to start or expand a business is a good way to grow your income, but it can be hard on your credit rating. Borrowing smart can protect your credit rating. Working to keep your interest rate low will reduce your payments and help you keep more of your money in your pocket. Here…
The relationship between a boss and their employees is unlike that of a romantic relationship or that between friends. You want to have positive relationships between you and your employees, but you need to make sure they’re appropriate and not showing any signs of favoritism. These are things you can do for the best relationships…
We have all seen it and even experienced it: a reaction to an event, a comment or even a thing that triggers an immediate emotional response accompanied by secondary and tertiary effects. But when and why does this happen? Well, these questions have myriad answers, but I believe many people experience these feelings when trying to…
Bringing in the right people to work for your company can be one of the most challenging things a business leader can do. The process can leave a recruiter jaded after a while. However, reviewing a potential employee’s application must be taken seriously, and the process must be thorough. The following list details some of…
A financial audit can be done at any time within a company. The purpose is to look at a variety of different processes and practices. Flaws in these systems will be discovered. Audits can also confirm that things are running exactly how they are supposed to. Usually, a sampling of information is taken from various…
The number one challenge for new business owners is not their product or service — it’s the challenge of getting people to their website. Obscurity is truly the number one killer of businesses around the world. So, where should you begin when it comes to attracting and keeping new customers? In the following article, we…
For the longest time I’ve held the position that referring to leadership skills as soft skills is a misnomer. The inference has always been that leadership is not necessarily a science or a technical field; hence, the soft skill mantra, as if calling it a soft skill makes it less important — rendering it less…
Gone are the days of top-down business management structures, where employees receive direction from superiors and simply carry out commands. Success in the modern era requires adaptive leadership , data-oriented strategies, and continual feedback from employees to maintain steady growth. Employees, who work “on the ground” interfacing with clients, managing projects, and using company resources…
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…