Did you know what people resent the most about working for a small business? Well, although you can enjoy a more personal work relationship in a small company, there is one major turnoff: Lack of employee training. Many perceive this as inherited, due to smallish size in capital and budget, but I can assure you,…
Many business owners spend millions of dollars each year to keep their valuable assets and properties safe from thieves and trespassers. From the finance, retail to the manufacturing industries, implementing security policies and acquiring sophisticated security systems have become the norm, considering the possible losses and damage that theft and fraud can cause to a…
Your accounts give you a hefty amount of basic information on your business – but what if they’re wrong? Well to put it simply – you’ll end up in trouble of course. One of the most commonly miscalculated areas in business’s accounts tends to be in the area of commissions and payments to sales people.…
Whether your company is new or not or whether you are one of the millions of mobile workers or home based business owners, conventional ways of securing an office is no longer a must. The path towards greater productivity means that one needs low risk, commitment free, flexible terms when acquiring offices. In addition, headaches…
Everything big must start with small. This also holds true for business. Big companies you’ve seen today often have a humble start (Apple Inc. started in a basement.) What makes small startup big is vision, innovation and execution – among many others. Vision You are what you think you are. If you think that you…
One of the most important aspects of running any successful business is to have solid action plans in place. For example, a marketing plan can help ensure that you reach out to your local community, and it will also make it easier to avoid exceeding your budget. Unfortunately, many business owners fail to properly take…
The key to a successful meeting involves a lot of preparations. Regardless if it is an emergency meeting or periodic meeting, one should know not only how to conduct effective meetings but also finding the right meeting space or room. There are various factors to consider; some are obvious and others happen to be omitted…
Labor is the biggest challenge many businesses face, especially in the food service industry. There can be constant churn and the need to keep sourcing good candidates and training them quickly. In addition to this never ending process of hiring, onboarding and training, you’ve still got a restaurant to run. All these moving parts of…
Implementing new business methodologies is a significant process that can change the way your company operates for the better. Before you decide on a new methodology, you first need to understand why it pays to change the way your company operates in the first place. Over time, a company naturally changes and evolves to meet…
Recently there has been a significant legislative change to employment law rights and to the employment tribunal system. Of which there are three main changes that especially business owners need to be made aware of. 1. Settlement Discussions: From 29th July 2013, a new law allows an employer to hold pre-termination negotiations or protected conversations…
