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 you...
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 multiplying...
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 application...
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 the...
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. The...
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 risk...
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 your...
I’m sure you’ve heard the saying, “the fortune is in following up!” This is so true especially when looking at marketing strategies. Research shows time and again that direct contact and follow up creates the greatest ROI (return on investment). Are you practicing good follow up strategy? Once you’ve met someone networking, connected online, or...
Running a business requires constant vigilance. It often happens that, even though it seems like you are doing well, and profit keeps coming your way, the money seems to disappear into thin air. Don’t worry, it’s not just your imagination. It’s very likely that your finances are not as airtight as you thought they were....
Money makes the business world spin, but it does not always come easy. Finding the right source of financing is paramount to getting the operations off the ground, but around 50% of all startups have difficulties to finance via regular channels like bank loans. Namely, financial institutions are not always eager to lend money to...