Five Global Expansion Strategies to Consider in 2022

It’s 2022, and your business is doing well. You’ve decided that it’s time to take your company international. But where should you expand first? What are the key things you need to consider when expanding globally?

Planning for business expansion

As we move further into the 21st century, more and more businesses are expanding their operations globally. This can be a great way to increase profits and reach new markets, but it is not without its challenges. You will have to take a variety of factors into account. The political and economic landscape is changing rapidly, and it’s important to stay ahead of the curve if you want to succeed in new markets.…

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Eight Effective Resource Management Tips for Corporates

Every organization, be it small or big, looks to improve its revenue and grow more. In the process, they may look outward, for resources that can help them grow. But, internal resource management is also very necessary when you want to grow. Maximize the potential of all your available resources and see the magic happen.

Resource management

For project management, you need all the people, tools, and other resources to arrive at a common objective. Likewise, for resource management, you need to manage all the resources at your disposal and bring out the best possible results.

To help you better with this, we have listed down a few effective resource management tips.…

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The Fallout of Company Drivers Being Caught Without a License

Many people who have their own business will have to invest in a vehicle for themselves or their employees or associates for their work.

For example, if you are selling a new product, you might have to deliver your product yourself because you can’t afford to pay a shipping company to do it for you. In this case, you will definitely need to buy at least one company car to make it happen.

Driver

photo credit: Elena Sazosova / Pexels

You might also hire an employee to do the driving, but financial constraints can make this iffy. You will probably turn to anyone in your team who is willing to deliver the goods.…

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How to Keep a Healthy Balance When Your Company Moves to a Hybrid Work Model

Like many business owners, you probably experienced remote working on a large scale for the first time as lockdowns forced employees to work from home. And, the results surprised many business owners. They discovered productivity did not fall while many employees found the experience to their satisfaction.

Hybrid work model

Photo by Christin Hume on Unsplash

With restrictions easing and employees able to return to work, attitudes towards the office as the main workplace have changed. An increasing number of employees prefer the perceived benefits of working from home and are reluctant to return to the old ways.

By way of balance, employers now find it important to offer a hybrid work model where employees have the choice of working from home or in the office – full or part time – with the flexibility to use the office when it’s essential.…

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3 Employee Productivity Strategies You Should Implement in 2022

Productive and engaged employees are at the very heart of any successful company. But unfortunately, in most companies, the average employee is productive for less than three hours per day. And with that level of productivity, achieving the goals you set out and solving problems to propel the business forward becomes much more difficult.

Productivity strategy

photo credit: Alexandr Podvalny / Unsplash

However, blaming employees for being ‘lazy’ or ‘unmotivated’ is not the answer, either. In fact, it’s on the companies themselves to create an environment that nurtures productivity, creativity, and collaboration. There are relatively simple strategies and policies you can implement right now that will allow you to find out exactly how your team is spending their time and what you can do to use that time more effectively.…

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5 Useful Tips for Leading a Team of Freelancers

Whether you’re just getting started in business or just want to keep your team small and flexible, freelancers can be an incredible asset when combined with an in-house agency team.

Freelancer's workdesk

photo credit: Pixabay

You only pay on a per-project basis and can choose from a variety of different experts. However, there are a variety of drawbacks to this method.

Let’s go through some strategies you can use to manage a team of freelancers more efficiently. These will help you gain better control over your freelancers.

Learn to be a leader

Empathy has been considered the most important leadership characteristic. Unfortunately, many leaders have been promoted to their current positions based on previous performance or industry credentials, but have received little or no leadership training.…

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4 IT Tools Every Office Manager Needs

Depending on the service or product your company provides, office managers are required to keep on top of a lot of different things.

Office manager

photo credit: Andrea Piacquadio / Pexels

For instance, an office manager’s day on the job may entail bookkeeping, personal assistant duties, handling customer concerns, client account management, or even utilizing an office deployment tool.

Having the right IT tools at your disposal can go a long way in making your busy workday more efficient and enjoyable. Office, communication, and project management IT tools can help just about every office manager perform their tasks more efficiently than ever before.…

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Most Important Business Skills of 2022

The world of business changes—sometimes very quickly. Skills that didn’t even exist ten years ago can be in high demand today. To thrive in the business world, it’s important to regularly examine your skillset, and see what could use updating.

Businessman analyzing business numbers

Sometimes this might mean reinvesting in your education. Other times, it could just mean learning independently. In this article, we present a list of skills that are important for doing business in 2022.

Data, Data, Data

Data processing and implementation are skills that drive the modern business world. Big companies may have an entire staff dedicated to these exact tasks, along with an overall company-wide policy of using data as much as possible.…

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How Neglecting Your Mental Health Can Hurt Your Bottom Line

Stress is reaching new heights with deadlines and corporate politics’ ever-increasing pressure. Though you might feel an intense sense of accomplishment when you get a proposal accepted or a project deadline met, the work doesn’t stop there.

Businesswoman dealing with mental health issue

There will always be one more thought to tweak for tomorrow’s meeting and another mountain of tasks to conquer. There are so many tasks in front of us that we lose focus on ourselves – our well-being.

Missing out on self-care can have disastrous effects on your health, affecting your ability to do your job well and keep up with the demands while on the clock or outside office hours.…

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3 Ways to Improve Workplace Culture

A company’s culture determines how employees operate in the workplace, how they interact with one another, and how a customer perceives your business based on the quality of service they receive.

 

The average adult spends over 40 hours of their week in the workplace, meaning that the type of environment they are working in is likely to have a major impact on their lives outside of work. Maintaining a positive work environment will not only lead to higher rates of retention among employees but will create higher levels of productivity for your company as happy employees are shown to want to work harder.…

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