4 Ways Workplace Injuries Cost Your Business More Than Cash

Workplace Injuries
January 27, 2017
75 / 100

~by Brooke Chaplan~

When a worker is injured on the job, employers may be held responsible for a wide variety of costs. There are direct costs associated with workplace injuries, such as the payment of worker’s compensation, legal fees and medical care for the employee. Businesses also incur indirect costs, such as finding a temporary employee, lost productivity and decreased profit margins.

Consider these four ways in which workplace injuries cost businesses more than just cash.

1. Decreased Profit Margins

Many businesses operate on a tight profit. When an experienced and skilled employee becomes injured on the job, this decreases the company’s profit margin. There may be a time when that worker’s job is not performed or must be taken over by a less skilled worker. A less skilled worker may do the work inefficiently or even incorrectly. According to the Safety Management Group, a business that operates at a 10 percent profit margin may have to increase their revenue by $2,400,000 in order to make up for an injury that has a combined direct and indirect cost of $240,000. Boosting revenue by this amount may be a considerable obstacle for many businesses.

2. Lost Productivity

The loss of productivity of an injured employee also costs employers. As explained by the American Society of Safety Engineers, the median number of days off of work for an injured employee is nine. Up to 25 percent of workplace injuries result in at least 31 days off of work for the injured staffer. These missed days of work lead to a considerable amount of lost productivity. In some businesses, employees are not cross-trained. If the injured person is the only worker who can do a specific task, a business may have a great deal of hardship in maintaining a high enough productivity level. Even when other workers are cross-trained, they will still have their own tasks to perform. Overworked employees are at a higher risk of becoming injured themselves, which could snowball the effects of a singled injured worker.

3. Legal Costs

When an employee is injured on the job, employers may incur considerable legal costs. The business will need to hire a defense attorney in case the injured employee files a lawsuit. Even if a workplace injury case is settled out of court, which can take many months, the lawyer will still need to be paid for their services.

When an injury case does go to court, the employer could be faced with paying for their own legal defense as well as the legal costs incurred by the injured worker. These fees are in addition to any medical claims and pain and suffering awards by the court or the jury. Employers should also be aware of any local or regional laws by consulting with lawyers in their area. Finding local lawyers is as simple as performing a search such as “personal injury lawyers Las Vegas” or “accident attorney San Diego”, and should be one of the first things a company does when an injury occurs.

4. Hiring and Training Temporary Staff

An injured worker who will need more than a few days off of work may need to be temporarily replaced by another person. Hiring and training a new employee takes both time and money. Human resources staffers and managers will have to create a job opening, post the position, wait for applicants, screen and background-check applicants, and set up interviews. Once a person is finally selected, he or she will have to be trained on how to do the job. Every job has a learning curve, and it will take time for the temporary staffer to learn how to do the work efficiently and correctly.

Workplace injuries are extremely costly to all types of employers. Even a moderate injury to one employee could result in losses of hundreds of thousands or even millions of dollars. And the losses of productivity and profitability are difficult to measure. Employers can work to prevent occupational hazards and purchase liability insurance for increased financial protection.


Meet the Author: Brooke Chaplan

Brooke Chaplan is a freelance writer and blogger. She lives and works out of her home in Los Lunas, New Mexico. She loves the outdoors and spends most her time hiking, biking and gardening. Contact Brooke via Twitter @BrookeChaplan.

Categories

More Posts:

Dollars and Sense: Building a Solid Financial Foundation for Your Small Business

Financial management is the heart of any business, no matter its size. Learn key financial practices to help your small business achieve financial stability.

What Goes into Maintaining a Commercial Office Building

Maintaining a commercial office building is no small task. It requires careful attention to various aspects to ensure a smooth and efficient operation. By addressing these essential factors, building managers can create a conducive environment for businesses to thrive...

How to Develop a Strong Photography Portfolio

Creating a strong photography portfolio is essential for showcasing your skills and attracting clients in the competitive world of photography. A well-curated portfolio demonstrates your unique style, technical abilities, and creative vision. Here are three key...

Smart Tools That Your Office Needs

From automating mundane tasks to boosting security, smart tools bring a new level of efficiency and sophistication to the modern office. Incorporating these technologies into your workspace not only promotes productivity but also ensures a secure and comfortable...

How to Reduce Your Liability From Accidents

Maintaining a safe work environment is crucial for any business to protect its employees and minimize liability. Accidents can lead to injuries, lawsuits, and reputational damage, which can have severe consequences for a company. These are three important strategies...

Signs You Need to Start Delegating Responsibilities

As a business leader, it's important to recognize when you need to start delegating responsibilities. Delegation is an essential skill that can help you achieve a better work-life balance, enhance productivity, and ultimately lead to business success. Here are three...

How to Smooth the Hiring Process at Your Company

Efficient and effective hiring is crucial for the success of any company. Streamlining the hiring process not only saves time and resources but also helps attract top talent to your organization. We will explore strategies to smooth the hiring process at your company,...

How to Vet an Amazon FBA Coaching Program or Course

How to Vet an Amazon FBA Coaching Program or Course
Are Amazon Courses Legit or a Scam? 8 Ways to Tell!
By: Ashley Kinkead

Legal Essentials for Online Entrepreneurs: Insights from Business Lawyers

The blog “Legal Essentials for Online Entrepreneurs: Insights from Business Lawyers” offers crucial advice for online entrepreneurs. Business lawyers provide insights on vital legal aspects, such as forming a business entity, protecting intellectual property, drafting contracts, and complying with online regulations. Understanding these legal essentials is essential for safeguarding the business and avoiding potential legal pitfalls that could arise in the digital marketplace.

How a Women-Owned Law Firm Can Find Excellent Hires

To find excellent hires, your women-owned law firm must use varied approaches, prioritizing transparency, inclusivity, and diversity. Design recruitment strategies to attract emerging talents in the legal sector and help build a quality, reliable and empowered workforce. Also, provide comprehensive and competitive benefits for new hires. Use employee referrals and foster a healthy work environment to attract new hires and create a progressive and prosperous work environment.

Improving Company Performance with Outsourced Customer Service

In today’s business landscape, outsourcing has become a popular strategy for companies looking to optimize costs and enhance operational efficiency.
As mentioned, specialized service providers have the necessary expertise, technology, and infrastructure.
Luckily, outsourcing customer service can help you tap into the resources and capabilities of service providers.

Mistakes You’re Making With Company Benefits

As a business, marketing, or HR leader, it's essential to fully understand and optimize company benefits to ensure the well-being of employees and the overall success of the organization. Unfortunately, mistakes can be made when managing these benefits, resulting in...

How to Expand Your Hiring Pool

A diverse workforce can bring fresh perspectives, increased innovation, and a range of skill sets to your business. To create a more dynamic team, consider expanding your hiring pool in unconventional ways.  Hire From Outside Your Industry Hiring employees with...

How to Keep Your Business Safe From Cybersecurity Threats

How to Keep Your Business Safe From Cybersecurity Threats Find more business software and technology tips at Leadership Girl. Cybersecurity is a major concern for businesses big and small. Every year brings a new record number of cyber attacks and by 2025, cybercrime...

5 Tips for Recruiting Younger Real Estate Agent Candidates

To ensure your agency’s survival, you may need to renew your focus on recruiting professionals that belong to the millennial and Gen Z demographic. To guide you in this task, here are a few helpful tips you may want to follow:

When it’s Time to Hire an HR Professional for Your Company

As your business continues to expand, it might be a wise decision to employ an HR specialist who can help you manage and optimize your workforce. An HR expert brings with them essential services that will streamline the operations of your company while keeping your...

Manufacturing Tips Businesses Should Follow

To be a victorious business, it takes more than having an outstanding product. Knowing the significance of manufacturing and how it impacts their financials is integral for any organization that wishes to thrive in today's marketplace. To keep up with the competition,...

What I Wish I Had Known When I Started My Business

Starting a business is hard work. There are so many things to think about and do, and it can be easy to feel overwhelmed. Trust me, I know from experience! When I started my business, there were a lot of things I wish I had known. But thankfully, I've learned a lot...

The Power of Women-Owned Small Businesses

     Women-owned small businesses are on the rise, and their impact is undeniable. In fact, in 2019 alone, women-owned nearly 12 million businesses that employed nearly 9 million people and generated over $1.9 trillion in revenue. From retail to technology to finance,...

Nyago Michael Emmanuel

We invite many people who can invest in our Akiba Ya umoja community benefit savings and investment group of Uganda to enable us expand our operations in Uganda

Product Mistakes You Might Be Making at Your Business

Running a business isn’t easy, and making product-related mistakes can cost your company time and money. From creating products without doing market research to holding excess inventory or failing to file patents, there are numerous pitfalls that you need to be aware...

How Entrepreneurs Can Stave Off Burnout

Have you been feeling more stressed and exhausted than normal lately? Everyone experiences burnout at some point in their career, and this is even more common with entrepreneurs due to the many responsibilities that they have. Here are a few ways to stave off burnout...

A Five-Step Guide to Starting a Logistics Company

If you've been considering launching a transportation and logistics company, now is the moment. The transportation and storage sector is very important and profitable. Statistics show that by 2027, the global logistics market would have grown from its 2017 valuation...

Strategies and Technology for Female Entrepreneurs

Since entrepreneurship is the foundation of any nation's economy, it is essential to economic development in developed and developing nations. In the last several decades, there has been a significant improvement in the role of women in our society. Women are now...

Role of female entrepreneurs in a changing society

Over the past few decades, there has been a significant increase in female entrepreneurship. More women are choosing to launch their businesses and participate in the world of business creation, one of the rapidly expanding facets of entrepreneurship globally. But in...

How to Reduce Your Tax Burden When Operating a Business

As a business owner, you already have many financial responsibilities. Adding on the burden of taxes can be overwhelming. To reduce any stress, you need to find ways to reduce what you’re spending on taxes.  Start a Retirement Plan  Having a retirement plan in place...

​​How to Prevent Lawsuits From Ruining Your Company

No one wants to deal with the hassle and expense of a lawsuit. Unfortunately, lawsuits can happen to any business, no matter how big or small. The best way to protect your company is to take preventative measures to make sure that you are doing everything possible to...

10 Strategies an Ecommerce Business Needs to Follow to Increase their Customer Base

Online retailers need to drive traffic to their websites to boost sales. It is important to choose the right marketing strategies to drive traffic since not every strategy will work for every business. This article provides an overview of efficient marketing...

Why Digital Menu Boards Are A Game Changer For Restaurants

There are numerous benefits of using digital menu boards in restaurants. The best drive-thru menu boards can be controlled remotely to make updating fast and easy. Convenience is the main focus of drive-thrus. Customers don't need to leave their automobiles to place...

How to Avoid Manufacturing Woes at Your Business

If your business relies on manufactured goods, then you know that there are a lot of potential problems that can occur during the production process. From defective products to missed deadlines, manufacturing woes can cause big headaches for your business.  Here are...

5 Strategies to Build Team Spirit in Your Business

The manner in which we connect and communicate with our staff members can have a considerable influence on their levels of motivation as well as their output. In this article, we explore a variety of psychological and motivational approaches that can inspire teams and...

Features Every Health Insurance Plan Should Have

When creating a health insurance plan for your employees, you want to be as thoughtful as possible. Not everyone is in the same situation and they need health plans that are flexible and customizable.  There are some features you can add to your plan to make sure your...

How Entrepreneurs Can Feel More Confident in Their Appearance

When you are an entrepreneur, the way you look is a big part of your success, because people will tend to want to help your business if you make a good impression. It can be difficult to like the way you look, but when you put in the effort, you can improve your...

How to Be a Better Mentor to Your Employees

As an employer, you have a lot of responsibilities on your plate that you need to take care of. And while you can get through your work by just handling those basic responsibilities, you can make a bigger impression with your business if you focus on creating an...

What Your Business Needs to Make Remote Work Function Well

In the post-pandemic world, the necessity of remote work has become clear to more and more companies. It carries with it unique advantages as well as unique challenges for both employer and employee. Here’s what you need for it to work smoothly. Regular Communication...

How to Attract Executives to Your Company

If you’re trying to quickly expand your company, one of the most difficult steps will be finding experienced and talented executives. You’re going to need to work fast if you want to find the right people. Here are some of your primary tools for attracting the best...

How to Create a Vetting Process for Potential Hires

Have you ever been through a lengthy hiring process only to have your new hires turn out to be a bad fit? Finding the right employees can be a frustrating and tedious process, so you want to make sure that you’re handling the process successfully. Here are a few tips...

Community Causes Your Business Can Donate to This Year

The best businesses find a way to give back to their communities when they find their own success. And if you want your business to make a good impression and improve its reputation, it helps to be involved in your community. You can do this in many ways, it is really...

Software Tools That Make Everything at Your Business Easier

A modern business is impossible to run without technology. This is especially true for a rapidly growing company that needs to expand quickly and efficiently. Most companies in such a position utilize certain software and tools in order to keep them functioning....

Common Issues with Old Office Buildings

Whether you own an office building, rent space in an office building, or just work in an office building, then you know that they are just as prone to issues as houses, and that caring for a commercial property can be just as intensive and costly as maintaining a...

Hiring A Machinery Recruitment Expert For Your Next Executive Search

If you are looking for talents for certain manufacturing environments, such as equipment and heavy machinery, you might have realized a while ago that finding the perfect people can be extremely difficult. Sure, you might have an entire recruiting strategy in place...

Answer the Following Questions Before Importing Items from Overseas

Importing goods from overseas for your business can be a good idea because you have access to high-quality items, something you might not get locally. However, importing is more challenging than you might think. You will need to look at various things before ordering...

How Does Legal Compensation Work? All You Need to Know

In a life-threatening accident, the victim's family members are entitled to compensation. The guilty party must pay compensation for the loss of life and physical injury if it involves a criminal act (e.g., murder or rape). However, if you're injured in an accident at...

Economic Factors That Are Affecting Businesses Right Now

With a worldwide pandemic and a war in Ukraine, the current state of our economy is on everyone’s mind right now. Oil and gas prices are soaring, and inflation continues to rise. Furthermore, the labor market is abnormally tight. But what do these economic factors...

Growing Industries Software Companies Should Target

When you are in the business of creating software, it always helps to find new sectors that you can branch into. Every industry relies on software to get its work done, and having newer and more effective software options makes those industries work more effectively....

What to Consider When Planning a Corporate Event

So, you’ve been put in charge of your company’s next event. Maybe you want to do a good job in order to climb the ranks. Or maybe you simply pride yourself in the execution of a good, productive event. Regardless, here are some things to consider right out of the...

How to Deal with an Influx of New Employees After a Merger

Mergers are incredibly common in the corporate world as businesses purchase other businesses and join forces as one large company. But when a merger happens, there are a lot of details to iron out and plenty of change that goes on. There is bound to be an influx of...

Annual Trainings You Need to Hold at Your Business

Training meetings are nobody’s favorite, but they are an important part of any business. It is critical that everyone in your company be onboarded correctly and kept up to speed as important changes are made. It is also a well-known fact that people learn best through...

How to Keep Your Company’s Offices Secure

Your office should be a safe place for you, your employees, and any patrons you may have. Keeping up with security should be a priority for you. There are plenty of ways you can keep your office safe. Use Surveillance Cameras When installing a security system, one of...

Normal Wear and Tear Commercial Properties Can Experience

As a property owner, you are responsible for all the maintenance on your property. In some cases, there will be examples of tenants causing damage to your property. However, there is also normal wear and tear that you should expect at your property. Floor Damage At a...

Critical Hiring Decisions You Need to Get Right

Hiring for your business is never an easy task to take on. Your employees are the flesh and blood of your company and choosing the right people to join their team is critical for keeping your business successful and at the top of your industry. If you can make better...

5 Online Tools to Save Money When Shopping for Company Cars

Online sale options have opened up the world of car shopping. To make sure that you get a great vehicle and find a reputable seller, you may be better off applying with one of the marketplaces below. You can easily sell your current car quickly, get pre-approved for...

How to Catapult Your Productivity with Business Certificates

Investing in updated certifications for yourself and your employees will do a great deal to increase your business output. Existing employees who don't have the time or flexibility to go back to school even part time can improve their skills by getting new...

How BIM is Shaping the Future of the Construction Industry

BIM, or Building Information Modelling, is a technology that is transforming the construction industry. It is a three-dimensional, digital model of a building that contains all the information about the building, including its structural, mechanical, electrical, and...

How to Implement Time-Saving Techniques at Your Business

When you are running your own business, you’ve got a lot on your plate. As the ultimate person in charge, you have to protect all of the assets of your business and balance them to get the most from them. Perhaps the most important asset that you need to protect is...

How to Write a Business Plan for Your Car Dealership

Nuts and Bolts of a Winning Car Dealership Business Plan Starting a car dealership involves much more than simply placing for sale signs in the windows of a few cars parked in your driveway. Becoming a car dealer requires you to understand and meet your state's legal...

What Ecommerce Entrepreneurs Need to Know About Data Privacy and Compliance

As the race to build a better customer experience intensifies, companies across the world are being forced to navigate complex regulatory landscapes. At the forefront of these regulations is data privacy – the European Union’s General Data Protection Regulation (GDPR)...

What You Need to Create Your Delivery Fleet

Sure, it's possible to deliver to your customers using any kind of vehicle, but keep in mind that each part of your business stands to make an impression and affect your budget. While you may want to focus on your products, don't overlook your transport equipment....

What is Customs Clearance?

When it comes to transporting goods from one country to another, customs clearance is mandatory. It has made customs clearance services indispensable in transport and logistics for businesses in international trade. These professionals will help you navigate complex...

How to Manage Corporate Reputation After an Arrest

Being arrested can impact your business reputation in a big way. Even if you are not found guilty, having an arrest incident on Google means anyone who searches for your name or related incidents will find you. This isn't good for your corporate reputation, so you...

Maintenance Issues That Put Your Employees at Risk

As a business owner, it is your responsibility to provide a safe work environment for your employees. One way you can do this is making yourself aware of common hazards and keeping up with regular maintenance. If you address issues early, you can create a safer...

What to Make Sure You Have on Your Commercial Vehicle Insurance

Your commercial vehicle is an asset to your company. It is also an important piece of your business to help move people or products. Having commercial vehicle insurance is required and you want to make sure you have basic liability coverage, roadside assistance, and...

How to Increase Effectiveness Among Your Employees

Whether you’re just hiring your first employees or whether you’ve overseen many employees for years, it is important to make sure that your team is working effectively and successfully. There are many practices that you can implement, as a boss or supervisor, to help...

How to Save Money Over the Long Term with Company Vehicles

Cars cost a lot of money. With the current supply chain shortages caused by the global pandemic, even used cars are surging in price beyond what is reasonable for many people to pay. But if you run a business that requires you to own company vehicles, then regardless...

Starting A Food Manufacturing Business: 5 Things to Consider

Food manufacturers produce a wide variety of goods. Whether it’s everyday products sold in grocery stores or specialty items sold via independent delicatessens, if you’re thinking of going into this industry, there are numerous factors to consider before your...

3 Communication Trends All Food Manufacturers Need to Know About

Effective communication is the basis of any successful business or industry. It allows for efficient teamwork and collaboration, helps identify and prevent problems, and leads to unique and innovative solutions. On the other hand, when it’s lacking, the final product...

How to Start a Small Business: 8 Basic Legal Requirements

Many people would tell you that “In order to succeed, you need to take some risks.” But putting your business legalities on the line isn’t ideal. It might even cost you a fortune to recuperate the loss. Moving into this competitive market without adequate knowledge of...

Does Your Business Need a Surety Bond? Here’s What You Need to Know

What to Know About Surety Bonds for Businesses If you are an entrepreneur or small business owner and have learned you need to purchase a surety bond, you might not fully understand your bonding requirements, the purposes of surety bonds, or how they work. Surety...

Factors That Affect Workplace Safety

What do you consider the most important thing about managing your business workplace? Perhaps you jump right to things like profit and revenue numbers, as the main driving factors behind growth and savings for your business. Or maybe you jump to your branding, instead...

How to Successfully Open for Business Overseas

Expanding any business will always come with exciting challenges and opportunities, but when you are expanding overseas, things can get even more complicated. Operating a business on the international market means understanding the rules of business in various areas...

Departments at Your Business That Could Use a Larger Budget

In order for your business to run successfully, each department needs adequate resources. In many cases, the departments within your business could function much better if they had the right funds. Consider creating a larger budget for these departments. IT Technology...

6 Effective Ways to Support Your Employees Living With Disabilities

While there are millions of persons with disabilities across the globe, the unemployment rate is surprisingly high, often around 80% or higher. The main reason for this is the fact that employers have pessimistic views regarding disabled employees' work-related...

Why Do Small Businesses Need to Be Bonded?

Understanding Why Small Businesses Need to Be Bonded Most people have seen advertisements for small businesses that state they are licensed, bonded, and insured. If you have a small business, you might not understand what a bond is or whether you need one. Many new...

Why Should You Have A Business Lawyer For Your Growing Organization?

Has your business been piling up in terms of paperwork and legal processes? Maybe it's time to accept some help and call the professionals to work their magic. In the 2020s, businesses are being called to be more open about delegating the technical aspects of their...

Why You Need to Hire an HR Person

At a certain point, the pressures and responsibilities that you carry as a business owner may be simply too much. And that’s normal and healthy! What you need to do is hire other people to take off some of the administrative weight – and an HR person is perfect for...

How to Make a New Employee Fit in at Your Company

When you think of your biggest concern when hiring new employees at your company, what is it? For many, the concern is whether or not the employee hired will be able to handle the tasks of the job. But rarely is the concern about whether or not the new employee will...

How to Solve Your Personnel Issues

Your personnel are essential to your business. Without them as a foundation your business can’t run efficiently. You need to ensure you have the right employees, so you don’t run into personnel issues. To help solve personnel issues you can increase retention, improve...

Commercial Property Maintenance to Complete Post-Winter

As summer approaches, it’s important to ensure your commercial property is up to code. There are property issues that, if left untreated, can lead to extensive property damage. Invest the time and money into fixing them now, and you’ll save yourself a lot of money...

How to Save Money on Personnel Costs

Running a business means having a thousand tiny ways through which you can lose money. One of these is the cost associated with the hiring, firing, and the maintenance of employees. Here are some small and simple ways to cut unnecessary corners with your personnel....

How to Keep Your Workplace Clean

There are few things that are as disruptive to efficient and productive work as a dirty, unorganized, and unkempt workplace. Without a clean and organized workspace, you are bound to waste time searching for the thing you need and have a more difficult time focusing...

What it Takes to Create a Successful Brick-and-Mortar Business

Today, a lot of business is done online, but this doesn’t mean brick-and-mortar businesses are obsolete. They are an important and essential part of the business world. In order to make your brick-and-mortar business work, you just need to know what it takes to be...

How to Avoid Critical Errors That Cost Your Business Money

No matter what kind of business you are in, there will always be opportunities to make mistakes. And while no one can avoid every mistake in business, you can do what you can to avoid serious errors that will cost you a lot of money. Here are a few of the most...

How to Get Started With Your Independent Venture

You have an incredible idea, you possess the necessary knowledge and skills, and you are brimming full of passion. It is time to take that leap and just go for it. With the right tools and mindset, your venture can be fulfilling, successful, and lucrative. Here are...

How Can Automation Actually Improve Employee Engagement?

Technology has been a major part of businesses for a very long time, but one of the most exciting technologies to make its way into the business world is automation. The automation industry worldwide will likely generate hundreds of billions of dollars and is still in...

7 Strategies to Help Grow Your Online Business in 2022

Running an online business is becoming more challenging and, at the same time, more simple with each passing year. What do we mean by this? Well, as the internet keeps evolving, we’re seeing new ways to market and sell products and services. All this variety is...

How Employee Assessment Tests Can Improve Your Business

Generally, a healthy business, company, or organization has the best pool of employees. That is why you find employee assessment tests are a prerequisite for them. Employee assessment tests are conducted on job candidates, acting employees, and organizational leaders....

6 tips for choosing the right business accounting software

When it comes to running your business, knowing your numbers is an absolute must. Good decisions come down to cold, hard numbers, and your numbers are only as accurate as your accounting processes. The right accounting software can make that process go much more...

10 Productive Ways to Rebuild Your Small Business After Covid-19

We all know that a lot of businesses have been affected by the Covid-19. We’ve seen many small businesses shutting down because they couldn’t handle the devastating impact that the Covid-19 brought with it. To be honest, there is no doubt about the fact that the...

R&D Your Business Needs to Spend More On

For most businesses, you are usually trying to find ways to save money. But when it comes to your research and development, you need to make sure that you are spending money where you need to. By investing in your research and development, you can make sure that you...

Industries That Are Hurt Most From Employee Turnover

In any business, experiencing a high rate of turnover can be detrimental and frustrating for everyone involved in that kind of work. And certain industries tend to have more turnover and experience a bigger negative impact when turnover occurs. When you understand the...

What You Should Know Before Buying the Property You Lease

At some point, you’re going to have to make the decision to either buy your commercial property for your business, or to continue renting. It’s the inevitable conundrum of almost every business owner. So: what are the advantages and disadvantages? Is it right for you...

How to Find a New Office to House Your Growing Business

Your business is booming, thanks to your hard work and dedication. But, now you're outgrowing your office space. Looking for a new place can be overwhelming, but it helps if you narrow your choices by looking at key factors. Choose a Decent Location It's not a...

How to Understand the True Costs of Operating a Shipping Fleet

Running a shipping fleet can be rewarding work that is worth the time it takes to get things done. However, it comes with many costs that some people simply don’t understand. If you are thinking about operating a shipping fleet, you need to understand the costs before...

What Are the Top 5 Tips for a Resume?

If you’re in the market for the top resume tips, no doubt you want a resume that outshines your competitors and helps you land the job you want. You also want this task to be easy! Don’t worry - the following tips will help you accomplish both of those objectives. You...

How To Become A Business Analyst In 2022

Introduction Do you want to become a business analyst in 2022? If yes, you have to understand the fundamental aspects of this profile. Avoid making the selection in grey while developing your business in the correct direction. Ensure that your interest meets your work...

What You Need to Run Your Hospital Like a Business

While a hospital’s primary purpose is to care for people, it is essentially a business. This means that for a hospital to be competitive, it needs to think and act like a business. Big or small, a hospital still should understand the following to succeed financially....

How to Lower the Energy Burden of Your Commercial Property

When you are utilizing a commercial space, you can see just how quickly you run up the energy bill. Running a commercial property, regardless of whether it is an office space or a factory or any other type of commercial property requires a lot of energy. From running...

6 Tips for Selling Your Website Successfully

If you are no longer interested in running your website, you could sell it for a good price depending on the website. The one thing most people who want to sell a website do not realise is that it can be incredibly challenging to do so while also ensuring you get the...

What Your Business Needs as it Begins to Scale

As your business grows, you will need to change how it operates. These changes are referred to as scale. As you scale your business to meet its growth, the needs of your company will change. Here are three things that your business will need in order to scale....

Types of E-Commerce and What They Offer

From cost reduction and flexibility to affordable marketing and faster buying processes, e-commerce is an invaluable business model today. Various businesses are now considering this move. However, it would be best first to understand the types of e-commerce in the...
Smart Tools That Your Office Needs

Smart Tools That Your Office Needs

From automating mundane tasks to boosting security, smart tools bring a new level of efficiency and sophistication to the modern office. Incorporating these technologies into your workspace not only promotes productivity but also ensures a secure and comfortable...

How to Smooth the Hiring Process at Your Company

How to Smooth the Hiring Process at Your Company

Efficient and effective hiring is crucial for the success of any company. Streamlining the hiring process not only saves time and resources but also helps attract top talent to your organization. We will explore strategies to smooth the hiring process at your company,...

Legal Essentials for Online Entrepreneurs: Insights from Business Lawyers

Legal Essentials for Online Entrepreneurs: Insights from Business Lawyers

The blog “Legal Essentials for Online Entrepreneurs: Insights from Business Lawyers” offers crucial advice for online entrepreneurs. Business lawyers provide insights on vital legal aspects, such as forming a business entity, protecting intellectual property, drafting contracts, and complying with online regulations. Understanding these legal essentials is essential for safeguarding the business and avoiding potential legal pitfalls that could arise in the digital marketplace.

All Categories

Business Operations

Entrepreneur Interviews

Marketing, Networking, & Social Media

Self Care & Personal Development

Working Moms

Business Software and Technology

Entrepreneurship & Small Business

Organizing Tips

Sales

Career Building

Family Businesses

Inspiration

Starting Your Own Business

Work-Life Balance

Communication

Hiring Help

Management & Leadership

Time Management & Priorities

Women in Leadership

Recent Posts

Boost Your Local Business: 21 Effective Local SEO Tips

Boost Your Local Business: 21 Effective Local SEO Tips

Opening a local business takes a lot of effort and investment in terms of time and money. However, it is not enough to have a physical address and hope for customers to come flooding in. It is crucial to optimise your local business’s online presence by using effective local SEO strategies. Local SEO is the process of optimising your website and online presence to attract more traffic and customers from local search queries. In this blog post, I’ll dive into 21 effective local SEO tips to help boost your local business.

Evolving Your Small Business to Avoid Disaster

Evolving Your Small Business to Avoid Disaster

Meet Adil Altaf, a passionate author, leisure traveler and a budding entrepreneur with an insatiable curiosity for life’s mysteries, Adil finds inspiration in the wonders of science, the marvels of nature, and the intricacies of human existence

Video On Demand Vs Live Streaming: Top Benefits, Uses & Options

Video On Demand Vs Live Streaming: Top Benefits, Uses & Options

VOD and Live Streaming are essential in digital media. VOD is convenient and diverse, while Live Streaming offers real-time engagement and monetization. VOD app development adds to the landscape. Knowing their differences empowers viewers and creators in the digital era.

How to Avoid Afternoon Crashes at the Office

How to Avoid Afternoon Crashes at the Office

Productivity is key in the office environment, especially for those in leadership roles. However, many professionals experience the common afternoon crash, a period of fatigue that typically hits after lunch and can severely impact productivity. Understanding the...

Fitness Strategies For Busy People To Stay Healthy

Fitness Strategies For Busy People To Stay Healthy

Being busy doesn’t mean we can’t stay healthy. Exercise can help prevent future health issues, even with a busy schedule. The best part is that effective exercise doesn’t have to be complicated and can be done in a short amount of time.