Small Business Owners Charge Full Steam Ahead

Small business owners are feeling good about 2013 so far and even more optimistic about the year ahead, according to Manta’s Q1 2013 SMB Wellness Index. The survey of over 1,100 small business owners found more than half (56 percent) think the first quarter of 2013 was successful and 79 percent believe the second quarter will be positive for their companies.

While only 17 percent hired new employees in the first quarter of this year, almost one-third (31 percent) plan to do so in Q2. But that’s not where they’re putting most of their money. Thirty-one percent say they plan to invest most of their money on referrals and finding new customers; 26 percent on online advertising and social media; 24 percent on creating new products and services; and 12 percent on traditional advertising and marketing.…

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Build A Championship Team With Document Management

When you own a business, or hold an executive position within a startup, keeping up with your brand and all of its working parts can be a heavy responsibility. In fact, it’s much like being a head coach. Your business team requires training, nurturing, direction and encouragement to reach its fullest potential.

Build A Championship Team With Document Management

A good head coach knows how to surround himself with assistants, specialists and equipment that enhance the team’s performance. A good executive will do likewise for his business by utilizing technology to track data and minimize human interference.   For example, electronic content management (ECM) can help manage office operations, while raising employee skills and productivity; ultimately helping the business to perform at its best.…

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What Every CEO Needs To Know About Cloud Computing

Small businesses thinking about a move to the cloud need to consider many factors. A CEO should study these factors to obtain a good understanding of the benefits and which type of solution is best for them.

What Every CEO Needs To Know About Cloud Computing

There are three basic types of cloud computing options:

Private Cloud

This is a cloud computing environment owned and operated by a business. Access to data stored in the cloud is available to users who are given access. This allows a business to oversee all aspects of the infrastructure.

However, maintenance and management is done in-house and storage is based on available capacity. Additional hardware needs to be installed if extra capacity is needed.…

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4 Smart Business Lessons From Warren Buffett

Warren Buffett is regarded as the richest stock investor in the world. In fact, Forbes magazine regards Warren as a man who made his wealth from the stock market although his success actually came from selling businesses.

business lessons from Warren Buffett

Warren didn’t become rich by selling stocks but became a Billionaire by buying and selling businesses. I call it, ”Berkshire Hathway”. In fact, Warren is not interested in the price of stocks but in the value of businesses. It takes determination and business intelligence to buy and sell businesses; that’s why I regard Warren as an entrepreneur as much as an investor.

In this article, I’ll be sharing with you, 4 business lessons from Warren Buffett.…

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9 Useful Tools for a Small Business to Manage Work Better

A small business requires a lot of work in order to prove successful. You can use all the help you can get in order to manage the work and the employees better. Luckily for you, there are many useful tools available that will make your job much easier.

PandaForm

PandaForm is a great tool which can help you centralize all of your business data into one single database. You can also use it to create many different kinds of forms such as for orders, meetings and customer surveys. The program is also able to export and import the data it gathers and even share it with clients.…

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Managing Business Growth: Fail To Prepare, Prepare To Fail

Managing an expansion is a difficult task. Should you be overzealous or over ambitious, you could end up doing your business more damage than good. Equally, it’s important not to be overcautious, subsequently missing opportunities. It’s up to you as a business owner to find the right balance and largely, your knowledge and experience will dictate this.

tips for managing business growth

That said, there are steps you can take to ensure you navigate the process more smoothly though. Here’s some things to consider before you undertake a big expansion…

Recruit wisely

With expansion, comes the need for extra staff. Integral to this process is a HR manager, so make sure they’re amongst the top of your recruitment priorities.…

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Qualities of a Great Restaurant CEO And Why This Industry Is Different

Everyone knows that a great CEO, Chief Executive Officer, is one of the most important positions in any company. However, being a restaurant CEO is a little more specific than other executive management positions in other companies.

Qualities of a Great Restaurant CEO

Being a great restaurant CEO takes specific skills along with dedication.   Owning a profitable restaurant takes more than hard work – it takes the know-how of the daily ins and outs. So how do you know if you have what it takes?

Top 5 Qualities Needed in a Restaurant CEO

Unfortunately, it’s tough to know exactly what it’s like to be the CEO of a restaurant until you try.…

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3 Best Practices for Managing Employee Performance

Managing Employee Performance

When your company is small, having formalized employee performance and talent management processes can seem unnecessary. But since your staff are your most strategic resource, and your only sustainable competitive advantage, it makes sense to establish some HR processes that help maximize employee performance.

Here are 3 basic employee performance management best-practices that every company should have in place, regardless of their size:

  1. Goal management
  2. Performance feedback
  3. Development planning

Goal management starts with setting organizational goals and communicating these to all staff. Then, every employee should work with their manager to establish individual goals that are pertinent to their job/role, and help the organization achieve its goals.…

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Personal And Professional Development With PRINCE2 Training

project management with Prince2 training

PRINCE2 is a process-based methodology that offers non-proprietorial best practice guidance on project management, encompassing the management, control and organisation of a project. In addition to being used as a widely-used standard for effective project management internationally, it also takes the form of an official certification for accredited project managers across a wide range of sectors. Effective project management is critical to any business or organisation looking to successfully complete a new project whether it is IT, building or any other sector.

When making sure you and your people have the skills they need to become successful project managers it’s important to look beyond the project management certification.…

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Leadership Styles – Be An Empowering Leader

“I am the type of manager who is most comfortable giving direction to my team members. I am very good in my field, and I believe that my knowledge has gotten me promoted to management positions. Therefore, I need to keep directing them since I’m the expert and highest in authority. But lately, I’m hearing more and more about empowerment to create engagement. What is it and how do I do it?”

how to be an empowering leader

This thought process is a common one for many of today’s managers. We simply do not know how to empower others. To empower is to give over power and authority to someone else; to enable others.…

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