POST CATEGORY : Management

5 Plus Tactics to Scale Your Online Store

The future of online shopping is very bright indeed. It’s believed that global ecommerce sales will exceed $2 trillion in 2017. Of the some 20 million online stores that are now considered to be actively selling products and services worldwide, it’s believed there are only a paltry 650,000 that make more than a thousand bucks a year.

Online shop

Depending on your outlook, maybe those few who do make money are lucky. That’s very unlikely though. The smarter bet is that far too many people started their site in the hopes of a passive money making venture, then soon realized there was a lot of actual thought and work that goes into maintaining a successful online storefront.…

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Efficient Safety Solutions – 5 Ways to Boost Workplace Wellbeing

For most of us, work is a means to an end. We work to live, not the reverse. Our hard earned pay is channeled into creating a lifestyle for ourselves and our families.

Ensuring employee wellbeing

With this in mind, we expect our workplaces to be designed to keep us safe. Unfortunately, a number of industries are plagued with a greater share of workplace injuries than others. Labourers and workers in healthcare, have over double their share of work related injuries. This is especially so for those labourers within the transport, storage and manufacturing industries.

According to Safe Work Australia, approximately one in five serious claims involve injury to the back and one quarter of serious claims require at least twelve weeks off work.…

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Collaborative Workspaces are more than it’s Quirky, Creative Designs

Google’s office has an indoor slide for their employees and it’s exciting.

But there’s one thing that this tech giant wishes to tell us—there’s nothing wrong with injecting a little fun in the collaborative office environment. It’s good for your employees, therefore good for the entire business.

If we follow Google’s logic, office design is not just a gimmick. It’s a game plan to spike employee productivity to the roof! A recent UK workplace research proves that a well-designed office can boost a person’s happiness by 33%. This means that investing in good office design pays you back with more satisfied customers, bringing profit to the business.…

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To Partner or Not Partner? That is the Question…

When someone starts a new business, one of the first decisions to make is whether or not to form a sole proprietorship or partnership. Partnerships alter the legal structure of the business, taxes and relationships in ways you must consider before you simply assume the best solution is dividing ownership of the business.

To partner or not partner? Shakespeare meme

There are pros and cons of bringing in others as partners instead of hiring them as employees or receiving loans instead of giving away equity.

Paperwork

It is easier to create a general partnership than form a corporation. The biggest risk this creates is personal liability. A corporation is a separate legal entity that has to have its own financial accounts and takes on the financial and legal liabilities of the company.…

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The First Five Things You Should Consider When Your Business Starts to Boom

Everyone who starts a business does so with a dream in mind; however, very few actually make that dream a reality, let alone a profitable one.

However, what happens when the seemingly unthinkable happens and the money actually starting rolling in?

Startup growth

Oddly enough, raking in the dough as an entrepreneur can be both a blessing and a curse. After all, there are plenty of options on the table which can be quite daunting as a business owner.

For example, is it best to conduct business as usual and pretend like your profits aren’t even there? Should you immediately invest the money back into your business?…

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Stopping Slip and Fall Accidents: What to Do Before Bad Things Happen at Your Business

If you are a small business owner then you have plenty to worry about, including ensuring that your clients are satisfied, double checking that your inventory is well stocked, and making sure that your suppliers can be relied on. One thing that you may have overlooked but which could make a big difference to your business’s bottom line is a slip and fall accident.

Caution wet floor sign

As a business owner, you are responsible for ensuring that your business is safe for any visitors, including customers and employees. If you fail to provide a safe space and a person slips and falls then you could be held liable and the cost to your business could be extremely high.…

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How Your Small Businesses Can Compete With Big Companies

A few years ago, small businesses that tried to compete with big brands found it difficult to keep up. For those business owners, it was an uphill battle they could not win. But today, your business can co-exist profitably with big box stores using these tried and tested approaches:

Customer service is your competitive advantage

Take Your Business Online

If you haven’t done so yet, it’s time that you do. Having a strong online presence is key to your success. Why? Because everyone is online nowadays! Build a professional website and use professional SEO services to help get your website as high up as possible in Google searches.…

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Your Business Automobile – What You Need To Know

Even your personal vehicle can be considered your work vehicle, part of the time, especially if you’re self-employed. Whether you already have a vehicle and want to know more about what it can do for your business, or you’re now in the market for a business vehicle, there are some things you want to keep in mind.

Business car and stylish businessman

When it comes to your work vehicle, especially if you also use it for personal means, you want to keep track of a lot of things, from repairs to where you’re driving it to and from. Here are some things you need to know if you want to get the most out of your business automobile.…

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3 Signs Your Business Is Starting To Take Off

Starting your own business can be a tumultuous road which requires a lot of patience and tenacity. Often when a woman starts her first business she has high hopes of it taking off the first year and becoming a millionaire right away.

Business launch

Unfortunately the reality is that it takes years to get to a point of really reeling in the success. However, when success finally does hit you there is a huge wave of satisfaction knowing that your hard work has finally paid off.

Your Income Is Greater Than Your Debt

Getting your business going can often mean a lot more going out of your pocket than going into it in the beginning.…

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3 Time Management Tips for Small Business Owners

One of the toughest parts of owning and managing a small business is the feeling of never having enough time to accomplish everything. To reduce some of your workload, you add a few employees. But, having employees brings a new set of small business owner responsibilities, such as employee hour tracking.

Time management

There never seems to be enough time in the day to complete all your small business tasks.

Do these statistics resonate with you?

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