Investing Archive
In most companies, the seniority rule is followed. It means that those who have been in the organization for a long time have a greater chance of getting a promotion. If a post opens up, they’re first on the list. However, seniority isn’t necessarily an indicator of good leadership. If someone else is more deserving
You must have done the right thing if you successfully sold your business. It shows that you have an excellent idea and a profitable one at that. If it has tremendous potential to even grow, you might find bidders. It’s a challenge to finally close the deal since you might hesitate selling your business. It’s
Success in business doesn’t happen overnight. You have to work hard if you wish to see your business succeed. You also need to change plenty of things about yourself. It’s not enough to have excellent business skills. It takes more than that to do well. Your view of money One of the reasons why aspiring
Businesses try to make changes to keep their doors open. Given what’s going on around the world this year, almost all businesses are doing poorly. Some are affected more than the others. If you’re still thriving and you have to make some changes, you can start by having local suppliers. It’s an excellent way to
It’s an honor to know that someone wants to buy the small business you started. You worked hard to build the company from scratch. To find an interested buyer means that you did something right. It also means that you have a profitable business. The problem is determining what to do next. Should you sell
Several businesses already decided to shut down because of the coronavirus pandemic. The lack of business paved the way for these closures. Companies rely on profits to continue operation. If the amount coming in is close to zero while the operational expenses remain the same, it makes no sense to keep the business going. However,
It’s tough working from home when you don’t have the chance to see your employees. Calling their attention could be challenging. Following up delayed tasks is also difficult. The worst part is that the work from home setup makes people lazy. There’s no regular schedule to deal with, and it leads to procrastination. These tips
It’s not easy to transition to a work from home setup. If you’ve been working in a regular office for years, these changes could be tough. However, given the continued spread of the virus, working from home will remain as the new normal. If you’ve succeeded in adjusting to this setup, you’re lucky. For some,
Finding the best suppliers can help boost your business. You can guarantee the quality of your products if you have the best suppliers. You can also sell these items at a lower price if your suppliers are willing to reduce the cost. Since they mean business, negotiating with them could be challenging. These tips will
Having loyal employees is a good thing for your business. Requesting talented individuals to stay longer isn’t easy. Some of them could easily get taken away by competitors. Others would decide to start their business. You have to take good care of them and make them realize that they’re important. You don’t want to start