Asset Management Services: What They Are and How Your Business Can Benefit

More and more businesses are outsourcing the management of assets and in the process allowing other companies to take care of and manage investments and resources. This relieves a lot of stress and increases productivity while saving money. A win, win!

Asset management

Are you wondering, what are asset management services? This is a simple yet complex answer. Asset management is the systematic process of operating, positioning, maintaining, improving or disposing of assets in a cost effective manner. Which means, having a professional organisation take care of your tangible and intangible assets for a fee or fixed price.

According to Investopedia, asset management is usually provided by a financial services company like an investment bank.…

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3 Tips for Managing Growth of your Small Business

The main goal of any small business is to succeed and to succeed well. Despite this being a universal and common goal, many small business owners are caught unawares when their company begins doing extremely well. Rather than being a pleasant surprise, this has a tendency to diminish the reputation of the business.

Growth management

This is typically because small businesses are unprepared to cater to an increase in customers or demand. This is why authorities in the industry such as Global Resources LLC insist of being equipped with an adequate strategy. Here are some things that you need to keep in mind when dealing with a sudden influx of consumers, requests, and profit:

Flexible Plan

The plan that you have for your company should be flexible.

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How to Track your Employees Time and Still Be Seen as a Good Boss

If there is something that can put off your employees’ working spirit, it has to do with looking over their shoulders again and again while they are working. To many of them, tracking is an unnecessary administrative nuisance that has to be done away with because it is just a waste of time.

Happy and productive employee

Companies know that they have to time track their employees whether they like it or not because it is really important in gauging their productivity in the business. In fact, to avoid rubbing their employees the wrong way, several companies have tried to come up with creative and fun ways of time tracking that you may have read on tech news.…

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The Advantages of Using Serviced Offices

There are so many advantages to using serviced offices that it’s no wonder their popularity has increased so much in recent years, especially in the UK. With there being so many prestigious London locations now available to rent as serviced office spaces, smaller business can instantly raise their profile by renting out an office space in an upmarket trendy location, but that’s not the only advantage.

Serviced office space

Here’s why your business should consider using serviced office spaces:

Flexibility

The amount of flexibility that using serviced offices offers businesses is invaluable. Not only does renting a serviced office space mean that you don’t have to commit to a lease on an expensive office block for a certain amount of time, it also means that you can up and move your company at the drop of a hat depending on where the new hip and trendy business areas in London are.…

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Yelp Ratings and Review: You Are in Control

Consider these facts: 98% of Yelpers have made a purchase from a business they found on Yelp, 89% of consumers make a purchase within a week of visiting reviews sites and 29% will visit a business within a day.

While there are a variety of business directory websites that offer customer reviews, none have received the acclaim and influence that Yelp has. With strong brand power and ability to directly influence customer’s purchase behavior, specifically for local businesses, Yelp should be the first place your business starts responding to reviews.

Yelp is for all small businesses

Since Yelp was founded in 2004 it has grown to see over 95 million reviews in just 11 years, that’s over 8 million reviews a year and over 23,000 reviews a day—quite a bit of activity!…

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The Value of Emotional Intelligence in the Workplace

The term ‘emotional intelligence’ was first used by best-selling author Daniel Goleman. The idea behind the phrase was so compelling that his book of the same name remained on the New York Times best seller list for over a year.

Emotional Intelligence (EI)

But why did his idea create such a buzz, and what made the sentiment so compelling? Employers and recruiters recognised that testing a candidate’s emotional intelligence (EI) level could help them decide on their suitability for a role, and EI has since become a key indicator during many recruitment procedures.

So what constitutes emotional intelligence?

Daniel Goleman named five specific character traits that define our levels of emotional intelligence:

  • Motivation: self-motivation to be more precise, rather than being motivated by money or other outside influences
  • Social skill: building rapport with people and engendering trust so that working relationships become stronger
  • Self awareness: understanding how our actions affect other people and the environment we are in, as well as the ability to put constructive criticism to good use
  • Empathy: an understanding and genuine compassion for others that also leads to trusting relationships
  • Self management: being able to identify how we are feeling, and control the way in which we communicate those feelings and emotions to others at work

He discovered that these traits, which are commonly seen in natural leaders, can also be learned.…

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Why Office Dress Codes Are Going Out Of Fashion

When you run a business with onsite staff, it is down to you to set the policy when it comes to how you expect people to present themselves at work. However, while office dress codes used to be pretty much expected by employees, more and more businesses, particularly in certain sectors, are abandoning the concept in favor of less restrictive dress policies.

Hip and fashionable business people

1. Dress Code Options

There used to be just a few options for your office dress code. You could have a formal business dress code, a business casual dress code (where men, for example, could wear a shirt without a tie but things like jeans, t-shirts and sneakers were not allowed), or no dress code at all.…

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4 Compelling Reasons Why Business Dashboards are Important to SMB’s

As a small business owner you already understand the importance of being able to collate and monitor data, to help you align your business in the future. However, this is often a time consuming process which could be made easier with the help of a business dashboard.

Cyfe business dashboard - screenshot

Through a convenient ‘easy-to-read’ visual display, dashboards pull complex data relevant to your company from multiple areas and present it on one screen. This includes information such as key performance indicators and metrics. This data can then be used to channel behaviour to deliver better results and grow your business.

Now you have a basic understanding of what a business dashboard is, let’s delve deeper and take a closer look at 4 compelling reasons why business dashboards are important to SMB’s.…

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How Your Business Can Go Global (And Why It Should Go Micro-multinational)

With the internet levelling the playing field for how far a company’s reach can extend, more businesses than ever are able to go global without relocating or losing capital in the process. Micro-multinationals, as they are known, are able to keep costs low whilst still operating on a worldwide scale. They embrace technology to keep their teams connected, but still maintain traditional face-to-face business relationships with clients, which has been proved to be financially beneficial in the long run.

Go global using digital tech

What steps can you take to turn your business into a micro-multinational? Here are a few hints to get you started.…

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6 Musts for Startup Managers Dealing With Employees

This is a sponsored post written by me on behalf of Microsoft Office . All opinions are 100% mine.

If a new business is to grow and thrive, a startup owner or manager must recruit the right talent, then successfully manage them in a way that gets the best results for the business.

Startup management

Some leaders come from a great upbringing that makes them seem like they must have come out of the womb that way. Yet, others – most, in fact – are made. Trained and educated by the people who’ve worked for them, and by those who they’ll lead throughout their career.…

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