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You might be excited with the idea of being a new franchisee. You don’t have to start your business from scratch. You also have an opportunity to grow an existing company. Before you get overwhelmed, realize that you might commit some mistakes and it can lead to failure. Here are the mistakes to avoid. Being
You must do the right thing when pitching to potential investors. You don’t want to turn them off because you didn’t hit the right spots during your presentation. The future of your business depends on their decision. Here are the common mistakes to avoid when pitching to investors. Not knowing what to pitch about You
Figuring out how to improve the work atmosphere can be challenging. You should consider several factors to ensure that all the employees feel good about working. Before you delve into other details, you might want to start with the office layout. It’s a simple change, but it can do wonders. Here’s how it can help
Understanding what motivates your employees is critical to success. Make sure that you know what helps them do a better job and encourages them to stay. You also want them to feel that you care about them. Here are some ways to determine their motivation. Ask them The best way to know what motivates your
When you head a business, you have several problems to solve. It always falls upon your shoulders to find a way to solve these issues. You might get some right, while others might fail. You can’t be a perfect leader, but you must find a way to boost your ability to solve problems. Here are
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
Deciding to sell your business is never easy. You might have second thoughts before doing it since you worked hard to build it. However, if you’ve already taken everything into consideration, it’s time to let go. Here are the things you should do after deciding to sell your business. Be smart in deciding what to
More companies are diversifying these days. It benefits the business when different perspectives are on the table. Besides, the target audiences are also diverse. It’s imperative for companies to have employees who represent their target demographic groups. If you don’t think your employees are diverse enough, here’s how you can ensure diversity. Use diversity job
You might think that you’re not a bias boss. You try your best to be fair in dealing with your employees. However, it’s possible that you’re unconsciously bias. You fail to recognize that your actions might make your employees feel bad. Here are some tips to avoid your biases as a boss and improve your
