How to Transition your In-Home Small Business to a Commercial Location

~by Haley Lynn Gray~ When you started your in-home small business, you probably had big dreams and plans, and now that your business has taken off it’s time to turn those dreams into reality. Taking your business to the next level is an exciting move, especially for an entrepreneur who has been behind the scenes since day one. It’s time to put on your big girl pants and go out there and rock it! Here are some things to keep in mind as you plan to upgrade your at-home business to a commercial location. Evaluate Your Customers As a small

How long is your hiring process? It should probably be shorter…

~by Haley Lynn Gray~ How long is your hiring process? It should probably be shorter… A staggering 99% of Australian CFOs say it is challenging today to find skilled finance professionals. Yet companies could be letting quality talent slip from their grasp by unnecessarily dragging out the recruitment process. Research by Robert Half reveals a clear disconnect between the length of time companies take to recruit new talent, and how long jobseekers are prepared to wait. For staff-level employees for instance, the recruitment process takes an average of 2.5 months. For management-level staff it takes an average of three months

10 Unique Tips On Motivating Your Employees

~by Rachel Summers~ As a manager, you probably often wonder how you can motivate your employees to perform better. This is not an easy thing to achieve. You have to work hard on understanding what can bring value to your team and what your team wants from you. If you want to be a good leader, there are a few steps you can take to make sure your staff is motivated and happy at their workplace. 1. Set an example Don’t be one of those leaders who just sits around and does absolutely nothing to contribute. It sets a bad example

Reasons for and Benefits of Business Coaching

~by Haley Lynn Gray~ Being a successful businessman is not the same thing as being a great writer or a great salesman. The latter two require you to have a single skill that you excel at (creative writing, negotiation etc.) while in order to run a business, you need to possess a set of skills and even that may not be enough. Experience, while relevant in any occupation, plays the greatest role in running a business and nowhere do you get to learn so much from a failure. Nonetheless, it would be false to presume that a business is something

Open Office Layout: How to Do It Right?

~by Haley Lynn Gray~ The days when employees used to sit in their own cubicles cut off from the rest of the world are long behind us. The modern workplace is now focused on a more functional and stimulating design that can boost the employees’ performance and inspire cooperation among teams. Thus, a great number of employers and designers have turned to the open office layout as a perfect solution for the modern office. Of course, there have been some reservations and scepticism regarding this layout, but with the right approach, you can reap all the benefits that it brings. Why

What Are You Liable For as a New Business Owner?

Most owners think about liability at one point or another, but it’s possible that with everything else that goes into running a company, this detail has slipped through the cracks. Certain businesses are more obviously liable than others. For example, if you run a daycare center, premises liability is likely one of the first things that crossed your mind, as according to Lane and Lane, any property hazard that can leave someone injured, whether it is a dangerous dog or a slippery floor, can be grounds for a case. Liability is going to be something important to learn about, no

5 Strategies To Manage Revenue And Maximize Cash Flow

Revenue and cash flow are one of the most important parts of running a company. Long gone are the days where you could leave these things to chance. In today’s world, you need to be able to understand exactly where your money is coming from, how often it’s going in or out, and what to do to put it to use most effectively. Here are five strategies to help you manage your business revenue and maximize cash flow. Understand the revenue cycle When your business makes a sale, it gets revenue. There is usually a pattern in this process. If

Empowering Women to Embrace Their Power as Entrepreneurs

More and more women are breaking into the exciting world of entrepreneurship, which offers them many benefits. For example, most entrepreneurs enjoy flexible schedules and see huge opportunities for career advancement and financial gain. More importantly, entrepreneurs have more control over the direction their company takes—they can utilize their ideas in a way that is difficult to do in other professional settings. Despite all these clear benefits to entrepreneurship, men still dominate within the business world, which begs the question: how can we empower women to be entrepreneurs? If you’re interested in exploring this question further, then here’s a look

How To Use Conferences To Improve Your Business

Conferences provide a great means to improve and expand your business. They can introduce you to contacts, products, suppliers, investors, leads, and mentors by bringing together a dynamic mix of people. But there’s more to conferences than just demos, seminars, and key speakers. Here are some things you can do to improve your conference experience and how to get the most out of your next event. Generate Leads A conference gives you the opportunity to generate leads. You will be surrounded by potential prospects who can turn out to be long time customers. Most people at these conferences are either

The Ultimate Guide On Boosting Your Learning Habits

One of the best ways to hone your mind will be to get your eating and exercising habits properly aligned. If you eat right and exercise regularly, you’ll be able to flourish with greater success. You want to remove any impediments toward learning you can. This is something much easier to say than to do, but if you’re healthy and in shape, it’s less difficult. Also, you may want to look into tangential means of acquiring your education. Going with ivy-league schools may get you in the “good old boys” club, but they’re not necessarily going to do a better