POST CATEGORY : Management

6 Ways to Grow Your Business and Not Break Your Bank Account

There are a number of ways to market your business. But they can cost a great deal of money that you don’t have yet. If you’re looking for a way to grow your business and get your name out there inexpensively, you need some skill and effort. The following are tips on how to grow your business without breaking the bank.

Growing your business

Free Publishing

You don’t need to spend a penny to give customers what they want. Publishing content that pertains to your business and entices customers can be done without shelling out any money through newsletters, blogs and emails. But in order to do this wisely, you need to come out with current material that is useful to the consumer.…

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How to Optimize Safety Stock to Improve Supply Chain Performance

Business developments can be hard to predict; for instance, a customer could place an unexpectedly large order for one of your products. That should be great news for you–but only if you’re prepared to fill the order on time. That’s where safety stock comes in.

Warehouse worker managing safety stock

Forecasting precisely how much inventory you’ll need is always a difficult proposition; safety stock, by acting as “buffer inventory,” allows businesses to build up some margin for error. The downside, of course, is that holding inventory–let alone extra inventory–is expensive.

Some studies have pegged it at 20–40 percent of the cost of stocked merchandise. Making matters worse: That’s an ongoing, recurring cost, not a one-off purchase.…

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What to Do When an Employee Has a Health Issue at Work

Emergencies are not predictable. That’s their nature. They happen when least expected, and they wreck havoc on everything they come into contact with. If you’re the owner of a small business or you’re a manager, emergencies are your least favorite kind of surprise. They set you back, they lose you employees, they lose you time, and they lose you money.

Employee sickness funny cartoon

If you’re managing a small business and you have employees who are having health issues that either happen at work or interfere with work being able to get done, here are things you can do:

Encourage Time Off

Health issues arise when somebody is stressed.…

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Looking To Sell Your Small Business? Here Are Things You Need to Do

If you’re a typical entrepreneur, you have a habit of jumping from one idea and project to the next. When you find something that works and you build a successful business out of it, you’re already looking for the next thing to sink your teeth into. You get easily bored and can’t do the same thing for too long. That’s the reason you’re in the line of work you’re in. Entrepreneurs innovate. They don’t sit on successes of the past. They create the success of the future.

Sell a business

If you’re an entrepreneur anxious to move onto the next project, but you have to offload the current one, it’s not always easy.…

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How to Choose the Perfect Company Car

When you have the responsibility for buying a car for your company, the choice can be even more difficult than when you buy one for personal use. Whether you run your own small business or are in charge of an extensive fleet of vehicles for a larger company, the basic elements are still the same – you need to get good value for money and you have to make sure the vehicle will be up to the task.

Businesswoman and her business car

Business professionals can find it difficult to access reliable advice on how to choose the perfect company car, simply because manufacturers and sellers can make confusing claims, which might not always be able to be taken at face value.…

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4 Ways to Make a Small Business Feel Like a Big Business

Many people dream of owning small businesses. Unfortunately, not all of them realize that small companies often have a hard time competing with larger businesses. Perhaps that isn’t such a serious concern, since you can use these four tips to make a small business feel like a big one.

Hipster workspace

Build a Professional Website

It doesn’t matter whether you own a farm or a travel agency, your company needs a professional website that gives visitors valuable information about your business, products, and services. If you don’t have a website, a lot of consumers will assume that you’ve gone out of business. Despite this, about 60 percent of very small businesses don’t have websites.…

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Freelancing Tips: Building Long-Term Relationships with Your Clients

So, you’ve decided to be a freelancer, and you’ve successfully acquired your first set of clients. You were able to negotiate the payment rate that you want, and you’ve worked on a contract and terms of conditions that detail the responsibilities of both parties. Give yourself a pat on the back, you’re well on the way to independence.

Freelancer working on a cafe

Of course, things don’t stop at this point. Successfully closing a deal doesn’t necessarily mean it’s going to be plain sailing for you from here on in. You’re just about to get on with some real work, so it would be good to learn a few pointers on how you can forge long-term relationships with the people you’ll be working with.…

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Using a Meeting Room Manager for Increased Efficiency

Do you think of meetings as a waste of your company’s time and energy? Meetings can be the backbone of any well run organization. They can also be a time waster that leads a good business down the pathway to disorganization and lost opportunities.

Meeting room

How you as the captain of your small ship use the time spent in meetings can have a huge impact on the entire organization in the long run. Having the right tools to keep meetings on topic, on time and a way to solve problems instead of creating them goes a long way towards turning meetings into a key part of your business instead of a time waster.…

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6 Elements of a Perfect Work Environment

Happy people are better workers.

According to one study, happy people are 12% more productive at work. Happiness is a key to your well-being at work as it affects your working performance, and you start working better not harder.

Clean workspace makes employee happy

Here’s the kicker:

It is more important for people to work in a good work environment than love what they do.

A perfect work environment is not just about getting salary on time. It’s also about feeling good about coming to work as you get the recognition, support, understanding, and motivation from your boss and colleagues.
All in all, it’s the best way for employees to set business goals and move toward achieving them with great ambitious.…

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Generative Design: A Transformation in How Products Are Made

In modern manufacturing, an innovative new process sees the designer create a system and that system actually generate the product. The process is known as generative design and it represents over a paradigm shift in product design.

Here is a look at how generative design works and the revolution underway in modern product design.

What Is Generative Design?

The end result of generative design, whether it’s a chair, an image, an animation or an architectural model, is the byproduct of an algorithm. A set of rules entered in to a computer program and uses highly complex protocols of parametric modeling to generate and test different variations of a product design.…

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