Businesses that operate on a shoestring budget are always in pursuit of tactics for saving money and conserving resources. In a nutshell, they have to find a way to do more with less. Hence, unlocking the full productivity potential is the holy grail of business. This endeavor involves getting the operations off the ground...
Pros and cons of buying vs renting technology office equipment for your growing small business Running an office in the 21st century means having to deal with issues of both the digital world and the physical one. Office technology is where both of these worlds overlap. Namely, while buying equipment is usually a cheaper...
10 actions small business owners can take that make them a bad boss to employees It’s one of those cases of being unable to see the forest for the trees — most bosses think they’re on the same wavelength as their employees. Unfortunately, in more situations than not, their employees are actually miserable. No...
What to consider when evaluating if a survey to your employees is right for your business Employee surveys – they’re only for large organisations, right? Not so. But while there may be many attractions to running an employee survey in your small business, there may also be similar levels of concern. So, how do...
When it comes to the health of your business, there’s nothing as thoroughly detrimental as employee burnout. Excessive turnover, reduced engagement, and decreased productivity can all be tied to employee burnout. What’s more, these frazzled employees can destroy the morale of their colleagues by transferring their stress, anger, and workload to others –- thereby...
Avoid the potential pitfalls or rejection when applying for a small business loan Financing your small business in its early stages is never easy. And ever since the global financial crisis of 2008, fresh entrepreneurs have found it more difficult to obtain some extra funds through business loans. Still, sometimes a business owner’s loan...
A small business is a big responsibility. Although running a small enterprise might not seem like a big deal, it’s a daunting task. Since you’re a small business owner, you don’t have too much room for maneuver. Every mistake you make might be the fatal one for your business. Therefore, it’s vital you limit...
How small business startups are revolutionizing work process and organization in changing markets worldwide The 1980’s were the yuppie era. In the 1990’s, corporation capitalism reached its peak. The 2000’s saw the unprecedented growth of digital technologies and its penetration into the business world. Nowadays, we’re witnessing significant differentiation of the global business market....
For most of us, the New Year is a time to pursue freshly made personal goals. As a marketer, I think it’s also the perfect time to set new business objectives. In the wake of 2016, the majority of us are craving a clean start, and what better way to do that then with...
Young and inexperienced startup owners often experience financial difficulties. The root of such problems lies in their inability to focus on the economic side of the startup. Instead, they get carried away by their original ideas and work hard to put them to practice. Neglecting your finances will bring your startup to an end, so...