Small businesses are the lifeblood of the economy, but it is not easy to run one and succeed. Indeed, it is much easier to start strong and find yourself struggling down the road – and not too far down.
Finding the right candidate for a job opening is complicated, especially if the position requires specialized skills. Many of the traditional ways of finding candidates (online job boards and classified ads) are not returning the results that employers need.
Typically, a large part of your day is spent in the office, so it is quite natural that you and some of your co-workers become thick friends. But, even though one may feel that they know their colleagues really very well, one is stuck when it comes to choosing a gift for them. You cannot just pick any gift; you need to pick something they will find useful and which will be in line with their interests and preferences and won’t offend them in any way.
If you’re running a business you will know that hiring truly exceptional talent is getting difficult these days. Rather, it was always difficult. Yes, there is a wealth of individuals out there looking for jobs who are armed with high profile degrees from the best colleges. But this doesn’t mean they have the required proficiency in a particular domain which can deliver the results you are looking for.
We all keep bumping into them, don’t we? What’s worse is that we can’t always (or rarely, if ever) speak our mind about them. And yet here we are, stuck with a client that simply doesn’t get it.
Every successful business is built on the effort of quality employees within the organization. If your business has effectively recruited an all-star team, how do you continue to keep them motivated to perform? Many employees find that after working with the same employer and in the same capacity for years, that their morale can decline.
Owning and starting your own company is a difficult task, but it is possible as long as you have an idea that can be sold. Unfortunately, however, in order to succeed you need to maintain an almost faultless start.
As business people we are all working to increase our share of the market. But, having the best products at the best prices may not be enough. To build a successful business you have to build relationships – relationships with your peers and colleagues, with your customers and clients, with your suppliers and distributors, with your employees and co-workers, with your support services, with your board of directors, and even with your competitors.
Businesses review their financial results every month. They look at the revenue, expense and net income. They compare the results for the month with the budget figures. They look up the assumptions made in the budget, investigate the activities that took place for the past month, and derive an explanation for the variance.
The world is filled with all kinds of individuals with varying skill sets, experiences, educational backgrounds, and cultures. Each Individual brings in a unique approach to work.