Back then, most companies use the seniority rule. If you become older, you are the priority in moving up the corporate ladder. These days, age is no longer an issue. As long as you are competent and you have proven that you can move a step higher than your current position, you will most likely
Getting millennials to work for your company is a good thing. They are young, driven, energetic and optimistic. They have the right attitudes you need to grow your company. They also know how to follow instructions or innovate depending on the situation. The only problem is that they are quite picky when it comes to
With the advent of social media, your business can grow or burn overnight. Online reviews are so powerful that people’s decisions are influenced with what they read online. As a business owner, it is important to manage your reputation online since it could affect your business as a whole. Unfortunately, there are people who are
Failure in a business is inevitable. In fact, even the most successful business owners today have experienced failure at some point in their lives. Some of them have even filed for bankruptcy as they can no longer sustain their business and repay their debts. It doesn’t mean though that the game is over. You might
You definitely understand how it feels to be asked to buy something even if you don’t need it. This is true especially if the person selling the product seems too pushy. You might have been convinced to buy the product if only the person was not that pushy. As a business owner, you should also
Deciding to lay off some of your employees due to the financial problems your company is facing is extremely difficult. In as much as you want to keep all of them, you just couldn’t. There are instances where laying off some of them is the only way to keep the business alive. Otherwise, the entire
There are a lot of reasons why your business won’t succeed the way you would have wanted it to be. You might not be aware of it, but your own actions could result to your own failure. You might be too concerned about everything that is going on around you that you fail to realize
There is nothing wrong in running a small business if you want to start that way. However, it does not mean that if you are running a small business, it should look small too. There is a way for it to be bigger than it actually is. This also helps you prepare just in case
Your business might be doing well right now but it can’t remain the same way forever. You should do something to make it bigger. Investing on the right things would help improve your business. It might be small for now, but with the right strategies, it would just be a matter of time before it
Thinking of business ideas could be such a challenge if you think of all great ideas that have already been materialized. However, if you stop now just because you felt like every idea has already been done, you won’t come up with anything significant. In fact, if every successful business owner had this kind of