Investing Archive
Hiring the right employees was challenging even before the pandemic. It only worsened during the health crisis. Everyone has to work remotely. Even job candidates can’t come to the office for an in-person interview. Hence, screening the right person for the job became more exhausting. Several companies also needed people to fill the post. Despite
You want to start a business because of financial reasons. You hope to grow the company and make money from it. However, it shouldn’t be the only motivation to open a business. There are other reasons to start a small business. Help the local economy You might be helping yourself grow financially through the business,
Your business has tons of opportunities for growth. It might not seem promising now, but you will see potentials when you look at the right places. If you don’t know where to start, here are some ways to determine opportunities for growth. Conduct market research It pays to have a thorough market research to know
You can’t expect your business to succeed overnight. You will experience serious struggles along the way. However, it doesn’t mean you’re about to fail. It’s natural for businesses to face challenges. The key is to stay calm. You can’t panic since it could lead to things falling apart. Here are some tips to remain calm
You must be excited to finally launch your startup. After months of brainstorming and polishing, your business is finally off the ground. You will eventually make profits and your dreams will be a reality. However, it’s only a matter of time before realizing that your business isn’t doing well. Things aren’t where they’re supposed to
It’s easy to say that you should be honest and transparent to your employees. You want to maintain an open communication line. However, you should understand that there are possible consequences if you’re too honest. You might hurt their feelings and the problem will escalate quickly. Here are the potential consequences of your honesty and
You don’t want to lose your best employees. They keep your company alive and they’re your strength. You want them to stay and be with you as long as possible. The problem is these people are of high-caliber. You can’t expect them to stay in a job when there’s a better offer elsewhere. You need
Conducting an employee performance review is necessary to ensure that you only have the best people in your team. It doesn’t mean you’re going to fire employees who don’t perform well. The goal is to see where they are, and what you can do to help. The company’s growth depends on the employees. Hence, improving
The pandemic paved the way for the closure of several brick-and-mortar stores. The stringent requirements killed these businesses since they can barely make a profit. The good thing is that this pandemic seems to be at the end of the line. It’s only a matter of time before we can finally get back on our
Finding the right CEO is tough. You want someone with enough experience and leadership capabilities to be on the helm. You can’t make a wrong decision as it affects the company’s growth and success. It’s natural for most businesses to start inside. Employees work their way to the top. The most loyal and competent people