Treating your employees well isn't exactly a requirement. Sure, there are certain standards you have to meet under the law. But these vary and are usually only a minimum level of responsibility to provide a duty of care and avoid discrimination. Even the regulations that are in place aren't necessarily controlled very well and are only for businesses of a certain size, so many companies have a poor reputation for treating their employees badly. If you can get away with doing the bare minimum, … [Read more...]
5 Steps To Safeguarding Your Bright Idea
The cause and effect of the internet has many far-reaching consequences, some more familiar to us than others. Information now moves at lightning speed, and sources are getting harder and harder to track. That means your ideas - your intellectual property - is at risk. Stealing ideas is rife in a world where information travels fast. In fact, when it comes to copyright, cyberspace is the modern equivalent of the wild west. It doesn't matter whether you’re a blue chip multinational or a start-up, … [Read more...]
Potential Is About More Than Profit Through The Eyes Of An Investor
When it comes to showing the worth of a business, most of us focus on profit. Why wouldn’t we? This is, after all, the aim of the game. There’s no denying that you don’t stand to see success if you don’t have decent profit margins behind you. That’s basic stuff, and you don’t need to be an entrepreneur to realize it. But, what you might not realize is that building a valuable business doesn’t stop when your profits shoot up. There’s more to this matter than making money, especially if you’re … [Read more...]
Forgotten Ways To Be Financially Savvy In Business
Every business owner in the world wants and hopes for their business to be financially viable, and this is something that can often seem like an ongoing problem that needs to be solved. If you are on the lookout for new ways to ensure that your business is better in financial terms, the truth is that there are many ways to approach this issue. Being financially savvy in business is often enough to save the business, and if nothing else it means that you are that much more likely to keep your … [Read more...]
4 Reasons to Start a Healthcare Business
With so many different business ideas out there, you may be wondering what your new venture could be. Have you ever thought about getting into the business of healthcare before? Obviously, it will help you out enormously if you have worked in this field before, but even if you haven’t, there are plenty of compelling reasons why you should get involved. In the following blog post, we are going to look at four of them in a greater level of detail. Always in Demand If you are starting a business, … [Read more...]
Introducing Yourself To Sustainable Business
There’s a lot you have to know as a business owner, and at the base there’s a lot of numbers for you to crunch. It’s something you have to be ready to handle, but don’t worry, there’s a lot of advice out there for you to run by. But in terms of sustainability, especially when it comes to the corporate world, do you know what you can do? Are you someone looking to start a business? What kind of business do you want to run? Is your company going to be something you’ll look back on with absolute … [Read more...]
3 Questions to Ask Before Spending Your Business Investment
When you are starting up a business, it is easy to go overboard on your spending. Setting up any business - even a solo business run from your back room - requires an initial investment but keeping the costs down isn’t your only concern. You must also make sure that every tiny expenditure is going to benefit your business down the line. So how do you know what is worth the spend or where to cut back? Well, there are 3 questions that might just help you there. Is it Good Value for … [Read more...]
A “Safe” House: How Can You Make A Working Environment Nurturing And Healthy For Your Employees?
What is your biggest priority when it comes to your employees? Is it their productivity, their contentment, or is it their safety? Safety, in all of its various forms, has to be adhered to, not just for compliance with the rules and regulations, but it's beneficial for your employees’ state of mind. Creating a “safe” house of sorts, requires a lot of work, not just for the benefit of your employees, but to ensure that you are complying with all of the various rules in place set by a higher … [Read more...]
A Business Leakage: How Unmonitored Processes Damage Profits
Modern business is ruthless. The hard-hitting, fast-paced climate of continual change and evolution usually catches small businesses off guard. Entrepreneurs are sucked into the whirlpool of spending money they don’t have and trying to play catch up with the earnings to loss ratio. And guess what, modern business isn’t going to change anytime soon and it has no reason to. The way you succeed as small business owner is by using everything you have further and more efficiently than you … [Read more...]
5 Ways To Reduce Your Business Fleet Costs
As a business owner, you understandably want to make savings where you can. This isn't so easy when you are reliant on business transport. Whether it's delivery vans or haulage trucks, you have all the expected expenses to consider, such as fuel, insurance, and maintenance costs. The cheaper option may be to reduce the number of vehicles you use, but that may not be practical. However, there are other ways to make savings when keeping your fleet on the road. Below are just some of them. Shop … [Read more...]
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