Finance Archive
The hiring process isn’t always perfect. You end up getting the wrong person for the job. There are instances when you got the right person, but for the wrong post. As such, it’s smart to consider moving that person to another post. You still have a quality employee in your hands, but not used fully
You might notice that one of your employees takes a leave of absences regularly. At first, you understand what’s going on because it’s the person’s health on the line. However, if it’s a recurring situation, it might seem unacceptable. As such, you decided that it might be time to let go of this employee. Before
Giving your employees a bonus is a good thing. It shows that you care about them and you reward them for a job well-done. Usually, companies give bonuses based on how the employees perform. Those who displayed exemplary performance and contributed a lot to the team will receive higher bonuses. On the surface, it seems
After starting your company for some time, you have already created your brand. Everyone knows what your name is synonymous to. It’s a good thing that you succeeded in branding. Many other companies struggle to even make a mark. When someone mentions the name of the brand, no one knows what it is. Since you’re
When pitching ideas to potential business investors, you hope for a positive result. Without the funding from these wealthy individuals, you can’t transform your ideas into a reality. The problem is that even if you have great ideas, there’s no assurance that these investors will feel impressed. They could still decide against giving you the
As a leader of a company, you’re under intense pressure to ensure that everything runs smoothly. One of the biggest reasons why you face tons of problems is budget. If the company isn’t earning well and the operating expenses are increasing, you might be forced to think of ways to cut the cost. There are
The worst thing that could happen is to see your business getting bankrupted. It’s painful to see something you’ve worked hard to build over the years finally going down. You still have a chance to finally get back on your feet and build the business again even if it’s in trouble. Just notice these signs
There’s nothing wrong in coming up with ways to market your products in a way that can generate lots of interest. For instance, you can setup a game through social media where the winner receives some items you sell. Another option is to collaborate with a social media influencer to help reach out to a
The reason why you want to know people’s email addresses is that you want to send newsletters and other updates. You can also do it via social media pages. It might seem like an outdated strategy, but it could still work. With the right message, you can convince people to buy what you have to
The time for doing a quarterly report is something many people in the corporate world dread the most. It’s the time of year when expectations have to be met. Failing to do so could have terrible consequences for the company. Blame will start to run around and it could further weaken the team. However, when
