Sometimes a company is left functioning in an out-of-date mode of operation. It might be because the owner is too tight with the company purse strings. It might be because a company has difficulty obtaining top talent for filling key positions. While the reasons and excuses are numerous, often the real problem is that the people in charge simply do not know how to identify and enact meaningful change. This is especially the case when it comes to revamping a company’s IT department. Here are a few ideas to help a company bring its IT department into the 21st century. (more…)
One of the hottest topics in salary and benefit negotiations that today’s human resources professional is dealing with centers on maternity and paternity benefits.
As the developed world braces for what some forecasters are predicting will be a significant baby boom, companies seeking top talent and hoping to retain current talent are expanding their benefit packages to remain competitive.
Already Netflix has announced an unlimited maternity leave policy, and expanded benefit programs for new parents have been announced by Adobe and Microsoft.
How will the boom be? (more…)
When going it alone as a freelancer, a quick glance at the likes of Sir Richard Branson, Elon Musk and Bill Gates may fill you with a sense that you’ve got an awful lot of ground to make up. Going from a blank sheet of paper to stratospheric success will seem like an impossible dream.
Reality check time. Few freelancers make that leap to supersonic success and wealth. There aren’t many Elon Musks for a reason; the ability to become that successful requires an awful lot of stamina and an even greater degree of luck. We can’t all be in exactly the right place at the right time. (more…)
One of the most important parts of effectively running a business is ensuring all parts are running as productively as possible. As much as pushing great ideas factors into this, so too does removing the clutter of things most people don’t like to do, allowing for more time to focus on meaningful tasks that help drive the business. The following are eight time-saving tools your business can start using right away.
No matter the size of your business, having a virtual team can come in handy. For that, Wrike offers web-based project management to allow teams work with one another in real time to complete business projects. Employees with Android and iOS devices can also continue their work on the go. (more…)
Holding regular training programs for your salesforce is crucial for the success of your organization. Employees that are well-trained will carry out their tasks more effectively, thus enhancing your chances of achieving your business goals. However, training should not just be held as a ritual or formality. An ineffective training program will only end up being a huge waste of time and money.
Summer is the season to take the time to enjoy the beautiful weather. It’s also when the sun is out a little longer, allowing us more time to enjoy the hobbies we love. Be it knitting a sweater or organizing a softball game with friends, summertime is the best time to make, create and build on the things we love. For young entrepreneurs, it is also the best time to take those hobbies to the next level. There is nothing greater than creating a successful business doing the things you love, especially when you can start today. Below are some tips to spend the least amount of money while still making sure your new business is off to a successful start: (more…)
One of the most important hurdles – or rather opportunities – for an entrepreneur to come to terms with, is limitations. Aside from knowing what limitations lie in the way of your business, you must figure out how to use these limitations to your advantage. Having the ability to harness such resourcefulness will ultimately give your firm a competitive advantage in the market. For being able to turn a constraint into a new opportunity, is a differentiating skill that separates the “okay” entrepreneurs from the “great” entrepreneurs. Finding a way to do this will safeguard your enterprises self-sustainability, which ultimately will lead to your business’s success.
Take for example the Facebook business model, the offering of a free product while relying on revenue from advertising to survive. This model was born from the idea of wanting to offer a fun and free service, but still needing to make some sort of income in order to remain operational. (more…)
In the first quarter of every year many businesses are renewing their commercial insurance policies. In most states General Liability and Workers’ Compensation Insurance are required by law. General Liability covers injuries that occur on your property, to customers and other third parties. Workers’ Compensation covers injuries that happen to your employees. Workers Comp provides medical costs and some lost wages while your employee is not able to work. Most businesses need additional coverages like Commercial Auto, Professional Liability, Liquor Liability and even Cyber Liability; but Workers’ Compensation and General Liability are the bare minimum to be in business. Workers’ Compensation is the one coverage where businesses can save quite a bit of money by taking just a few small steps. Here are five fairly simple steps Small Business Owners can take to save on Work Comp Insurance. (more…)
There is not a single business on the planet that does not have an online presence. Any enterprise that hopes to be successful must employ the internet. You can promote your business online to an audience of billions. Even better is the fact that you can sell your products right from the comfort of your home through your website. However, owning a website is not as simple as getting a random site set up for you. (more…)
Consumers spend millions of dollars on gift cards every year, especially during the holiday seasons. Offering gift cards can be a very lucrative strategy for increasing your business profits. Whether an egift card or a plastic gift card, every business needs to have some kind of gift card program.
Here are some of the ways your business can benefit from gift cards: (more…)