A company retreat takes the workforce away from the typical four walls of the office to discuss strategy, establish business relationships, and work on team-building. You could sail away on a cruise with your team or go on a beach holiday trip – both options seemingly more appealing than a traditional team-building activity within office premises. After the meetings, you ... Read More »
There are many important safety items for wholesale business first aid kits. Having an adequate first aid kit at the ready enables businesses to address injuries and accidents quickly and can potentially limit the need for you to hire a personal injury attorney. This way, you can mitigate the the damage done by these occurrences for the business’s reputation and ... Read More »
There are many employee incentive programs for small businesses. Business owners implement these programs to increase employee satisfaction, productivity, and engagement. Investing time, money, and effort into developing incentive programs significantly lowers costs and increases profit margins due to more productive employees. As a business manager, there are several employee programs that can be implemented at little to no cost. ... Read More »
Leading a team and business comes with many stressors. No matter how strategically or efficiently you manage your business, at the end of the day, if you don’t learn to take care of yourself and reduce your stress, you can be putting future success and growth to a halt. Andrew Miller, a CEO of numerous businesses including two $1B plus ... Read More »
For small businesses, employee retention strategies keep key team members growing and thriving at the company. Often times, keeping their talent from moving on to larger firms can be a constant challenge. Higher pay can help, but many employees are actually willing to forego a pay increase if they feel the job fits their expectations better. These expectations can range ... Read More »
Deterring theft through security systems is a way to ensure that the loss of revenue is minimal. Theft and fraud account for an estimated annual loss of revenue that between 5 and 10 percent. These crimes can be perpetrated by customers, employees, or third party criminals meaning businesses can have multiple vulnerabilities. Managers looking to prevent security risks or reduce ... Read More »
Digital transformation involves the incorporation of digital technology into all areas of the business. Such fusion changes the way the company operates and meets customer needs. It also entails a change in the culture of the organization. Businesses need to challenge the status quo, experiment, and be open to failure. Such changes encompass areas like: Transforming The Business Process As ... Read More »
There are various reasons to outsource human resources (HR) administration for your small business. Experienced HR professionals have deep understanding of many processes such as payroll, onboarding programs, and more. Additionally, several of these regulations and processes have severe consequences when they are not followed. As a small business owner, outsourcing HR administration helps mitigate legal risks and enables you ... Read More »
There are many ways to make a disaster preparedness plan for business recovery work. Natural disasters and related emergencies often have a significant impact on business infrastructure, profitability, and daily operations. In fact, about 25% of businesses that close due to a disaster do not reopen. As a business manager, creating and implementing a disaster preparedness plan is imperative in ... Read More »
There are several dependable strategies to host an inclusive virtual meeting with your small business team. Remote meetings have become an popular option for businesses looking to improve connectivity and keep staff engaged. As a small business owner, you may have already even tried hosting a virtual conference with your team. However, since virtual meetings allow participants to connect from ... Read More »
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