Stories | Business & Finance


How to Improve the Sustainability of Your Business

Tags: , ,

In recent years, sustainability has seen a huge boost in the public eye. Climate change has plagued the world for decades now, but people are taking it increasingly seriously in every aspect of their lives.

Customers and governments alike are favoring businesses that can prove that they are sustainable. This means that a sustainable business is a healthy business. Sustainable practices usually have a higher up-front cost than other methods, but they can be as good for your wallet in the long run as they are for the environment. This means that companies have even more motivation to switch to a greener way of doing business.

Reducing Utilities

One great method to kill two birds with one stone is to reduce the utility usage of your business property. This saves on utility costs and can help the environment. There are a few methods to go about this.

First, ensure that your property is well maintained. Any breakages or wear and tear can result in higher utility bills. For example, if the doors and windows are old or damaged, they are less efficient at keeping the heat in. This means that your heating system will use more energy to maintain the temperature. A dripping faucet will waste plenty of water.

Another option is to reduce the amount of energy that your business uses by getting rid of wasteful practices. Use smart thermometers and turn off devices and lights when they aren’t being used. If your business uses a lot of power, then switch to green energy. Some companies use a commercial solar system to generate green electricity.

Remote Working

Since 2020, remote working has taken the world by storm. But a surprising benefit to remote working is that it is usually less harmful to the environment than people commuting to the office. Cutting the commute plays a large role in this, as driving vehicles is a massive contributor to pollution and climate change.

As well as cutting the commute, people use less power at home than they do in the office. As you’d expect, this reduces your costs as well. However, remote working can improve morale as well.

While some workers prefer the office, many appreciate the option to work from home. Some companies have taken to offering remote working options for their employees, only allowing them to be in the office part of the time. True, some industries require employees to be physically present, but there may be room for flexibility.

Getting Involved in Charity

Another way to improve morale and help the environment is to get involved in charity. This could be as simple as donating funds to a green charity or may require getting more involved. Some companies offer promotions where part of the profits go to charity, while others give employees opportunities to volunteer for events.

Getting involved in charity also looks good. Customers, clients, and shareholders all look favorably on companies that make an effort to get involved and help others. This markets your brand and makes it far more attractive.

Posted in Business & Finance0 Comments

How Can You Improve Your Online Business’s Delivery Process?

Tags: , , , , ,

Image Credit

There is no denying that online retail enjoyed a huge boom in Australia and worldwide due to the pandemic. According to Statista data, this rise in online clients saw retail sales account for more than 15% of the total retail market in Australia by September 2021. If you run a local online business, you have an even massive opportunity to boost sales if you offer local delivery straight to customers. However, it is prudent to deliver to clients without taking on unnecessary risks and expenses or harming the customer experience. Here are some of the best ways to improve your online company’s delivery processes.

  1. Prevent package damage

Customers have the luxury of spotting damages when purchasing items in-store. However, they can’t physically inspect goods before buying them from online stores, leaving this quality control aspect entirely in your hands. Therefore, it will be a real disappointment for them to receive goods damaged during the delivery process. It is no secret that packages can become damaged due to water exposure, improper handling, and other factors during delivery. Luckily, you can take effective measures such as wrapping every item, selecting the right box size, and affixing a “Fragile” shipping label on the boxes containing delicate products. Galvanised trailers from manufacturers like Big Man Trailers can also help you keep products safe during deliveries by vehicle, so keep this in mind.

  1. Prioritise delivery speed

A recent survey of Australian consumers revealed that 27% would not buy from a retailer again if they didn’t receive their package in time for the then-upcoming Christmas holidays. Late deliveries ruin the customer experience, so you should do all you can to optimise delivery speed. You can readily achieve this by reducing behind-the-scenes paperwork, remaining organised with your inventory, and setting clear expectations with clients before the sale to give you accountability. Fast deliveries can readily lead to positive customer reviews on your website, making your online products more attractive.

  1. Communicate effectively

Time seems to slow down when you expect a package, so clients are usually tense during the delivery process. Therefore, keeping them in the dark regarding their delivery is one of the worst things you can do as an online business. Consequently, rely on various automation tools to let clients know when their packages are dispatched and the best time to expect their driver. This way, they are less likely to constantly reach out to your store to ask where their products are.

  1. Simplify your delivery options

It is tempting to provide a handful of delivery options when running an online business. However, too many options can cause confusion and human error, resulting in avoidable shipping delays. Consequently, simplifying your shipping options is the first step to improving your delivery strategy. Delivery within the neighbourhood,  county, or state, shipping from one state to another, and international shipping are excellent examples of simplified delivery options. Simplified delivery alternatives help narrow down your list of preferred logistic partners. Indeed, you can simply employ one carrier for state-wide deliveries, leave inter-state deliveries to another, and find an international logistics partner to handle international shipping.

Posted in Business & Finance0 Comments

How Your Business Can Leverage A Connected Digital Worker Strategy

Tags: , , , ,

The past couple of years has seen many businesses adopt various digital solutions to navigate the business world’s challenges. Businesses have had to resort to remote working solutions to minimise physical contact as much as possible. The traditional working environment is becoming outdated, with digital work solutions taking over. This means there is a need for effective mobile communication, especially among frontline and remote workers. And this is where a connected worker strategy comes in. Here are some ways you can use this strategy to improve your business. 

  1. Keep your frontline workers connected on the go

Image Credit

Frontline workers are employees in an organisation who need to show up physically to their jobs. They include factory workers, retail associates, site workers, customer service reps, and nurses. Unfortunately, in most cases, most of these workers feel out of the loop with no clear perception of their company’s direction. Of course, they show up and do their jobs as required, but they also deserve access to the same digital productivity tools and cloud collaboration your in-office workers enjoy. That will also help them improve their daily functions and even stay connected with management. For example, with digital solutions or apps like Claris Filemaker Go, site workers can update project status and tasks lists from the site to keep everyone up to date and on track.  

  1. Enhance cybersecurity through a central communication channel

Remote and frontline workers can easily resort to insecure communication platforms and unapproved messaging apps for various work-related communications. This can easily put your company’s data security at risk, as unapproved communication channels are easy to hack. Already cybercrime is costing businesses millions of dollars each year. 

  1. Reduce downtime on maintenance and operations

Various forms of operational interruptions and unexpected downtimes can negatively affect your business’s revenue. You can use a connected worker strategy to minimise this by leveraging mobile devices to boost efficiency. For example, replacing lost labour and training new employees can cause operational downtimes. Here, a connected digital strategy can fill any skills gap by making every important training material available and accessible online or on cloud solutions. That means a new employee can access all the knowledge needed without going through time-consuming training programs. This solution can also help boost the capacity of an inexperienced workforce, which means you’ll reduce the risks of costly mistakes and even improve safety. 

  1. Create a more productive and effective remote workforce

Image Credit

The more connected your remote workers feel to your business can enhance their productivity and effectiveness. Their productivity can have a massive impact on your company’s bottom line. Use a connected digital worker strategy to keep your remote workers better connected to enhance collaboration and improve innovation. Ensure that every remote worker has an open line of communication and can access essential tools and files from a central digital or cloud platform. But, as stated earlier, only use secure and approved communication platforms.

Implementing a connected digital worker strategy is important to ensure your business’s productivity, efficiency, and growth. Fortunately, these tips should put you on the right track to creating an effective strategy.

Posted in Business & Finance0 Comments

5 Ways To Give Your Employees The Best Chance Of Success

Tags: , , , ,

Image – Pixabay CC0 Licence

As a business owner, you quickly learn that leading your team is the most important responsibility of all. After all, there is only so much that you can achieve in your direct workflows. Improving the output of your workforce on an individual and collective basis is key. It can transform the culture and future of your business.

So, what are the best ways to help your employees achieve more? Here’s all you need to know.

Be A Confident Leader

You cannot expect employees to perform if you do not lead by example. Therefore, finding your strong and powerful voice in business should be a priority. Likewise, you must show your competence in business every single day. When this is combined with strong employer-employee links, it will lay the foundation for a successful team. The benefits can be enjoyed for years to come.

Employees will look to bosses for reassurance. If you’re a great leader yourself, it can only have a positive impact.

Invest In Strong Project Managers

Your overall leadership is vita. Still, you must remember that juniper staff will primarily deal with team leaders and project managers. Sending your PMs on a Prince2 foundation course will help them take a scalable approach to project management. In turn, this will aid workflows and ensure that all employees are on the same wavelength. Crucially, the agile approach means that situations can evolve too.

If nothing else, having the best senior staff members at your disposal will deliver peace of mind. You can then complete your tasks without mental disruptions.

Image – Pixabay CC0 Licence

Promote Wellness

It’s important to remember that your workers are human. If they are not looked after from a human perspective, their productivity levels can suffer. Encouraging screen breaks and regular hydration will keep them physically and mentally engaged. Meanwhile, you should consider the importance of mental health first aid in the modern workplace. After all, stress and anxiety are more common than ever.

A happy and health workforce is a better workforce. Better still, colleagues can inspire each other to improve their performance levels.

Provide The Right Tools

Building a positive company culture is a great starting point, especially when coupled with the right people. Nonetheless, it will be necessary to ensure that workers are supported by the best equipment too. Outdated systems will restrict their ability to perform at the desired speeds. It can also harm their motivation levels. You can also ask them what software and hardware would make their lives easier.

Aside from directly supporting their workflows, it can be a great way to make workers feel valued as employees. 

Be Flexible

If the last two years have taught us anything, it’s that flexibility is vital. Without it, unforeseen circumstances can destroy your venture. Implementing cloud-based software and tools can be particularly useful. It means that some employees can work from home when ill or unable to commute. It may not seem like an overly important feature, but it prevents unscheduled downtime or the need for agency staff. This will aid productivity and your budget.

As a business owner, it’s also a small way of improving the working conditions for your employees without major investments or sacrifices.

Posted in Business & Finance1 Comment

Why Is Your Marketing Strategy Not Delivering The Goods

Tags: , ,

Once you’ve set up a marketing strategy, you might find that it’s not delivering the results that you hoped for. If that’s the case, then it’s important to ensure that you take the right steps to correct the situation. These are some of the key reasons why your marketing strategy might not be carrying you home. 

Pexels CCO License

You’ve Hired The Wrong Team 

Your business will only be as strong as the team holding it up. If you fail to hire the right people for the job then this could cause you to lose money. It is essential you put in lots of time and effort to find the right people to work for you. This includes putting what qualities, skills, and qualifications you want them to possess on the job advert. 

Alternatively, you could use the help of a recruitment agency to find the right people for you. This ensures you get good quality workers while still having time to focus on the task at hand. 

Don’t forget, it’s always smart to bring in outside eyes to help you boost your marketing strategy. A small business marketing consultant will ensure that you can explore new ideas and angles with your marketing or promotion that could be incredibly successful. 

You Haven’t Completed Enough Research 

Another point to consider is whether or not you have completed enough research at the start of your business life. If you are marketing your company, then you need to know exactly who your target audience is and what they are interested in. By knowing this key information, you’ll be able to explore their pain points and what makes them tick. This is the best way to ensure that you have success marketing to your specific audience. If you don’t complete the right research, the demand simply isn’t going to be viable. 

You’re Not Thinking Outside The Box 

Next, you need to make sure that you are going beyond the basics when marketing your business. It’s easy to stay in the box with basic strategies but if you can go further than this, you are always going to see greater results. For instance, you might want to look at guerilla marketing strategies. Or, you could even use influencers to help take your brand further than before. 

You’ve Got Bad Reviews 

Finally, it’s possible that the reason your marketing strategy is failing is due to the fact that your company has a lot of negative reviews. To deal with this, we recommend that you think about responding to the reviews instead of ignoring them. If you ignore negative reviews, it’s like a gaping wound. It will continue to impact customers and ultimately it’s going to lead to you losing a lot of future sales. Indeed, research shows that 80% of customers now check reviews before they even think about committing to a purchase of a product or service. 

We hope this helps you understand some of the key points that you should consider when you are building the right marketing strategy for your business.

Posted in Business & Finance, PR & Marketing0 Comments

4 Reasons Why Every Business Should Use ID Cards

Tags: , , ,

Almost every business, regardless of size, has a need for employee ID cards. There are many reasons why ID cards are important, but some of the most important reasons are security and identification. In this blog post, we will discuss the importance of employee ID cards and why your business should start using them today!

Image Source – Pixabay CCO License

Increase Security

One of the most important reasons to use employee ID cards is for security purposes. ID cards can help you to control who has access to certain areas of your business and they can also help you to track employees. Investing in access control solutions and ID cards means that you know exactly who can and cannot gain access to the building. If somebody does not have an ID card, they can be easily escorted out by security.

ID cards also help to deter crime. If a criminal knows that your business uses ID cards, they are less likely to target your business. This is because they know that it will be more difficult for them to gain access to the building and they also know that you will be able to identify them easily if they do.

Give People A Sense Of Identity In The Company

Another reason to use employee ID cards is because it can give people a sense of identity in the company. When employees have an ID card, they feel like they are part of something larger and they feel more invested in their work. This can lead to increased morale and productivity levels.

ID cards also help to build team unity. When people see each other’s ID cards, they are reminded that they are all working towards the same goal. This can help to foster a sense of camaraderie and teamwork within the company.

Improve Customer Relations

Making personal connections with customers is the best way to build relationships with them and foster trust. Something as simple as knowing somebody’s name can make a big difference in how you interact with them.

If you require employees to wear ID cards, customers will be able to see their name and title easily. This makes it easier for employees to strike up conversations with customers and build relationships with them. Customers will also appreciate knowing that they can easily identify who they need to speak to if they have any questions or concerns.

Ensure Employee Accountability

Another important reason to use employee ID cards is because it can help to ensure employee accountability. When employees know that their name and photo are on their ID card, they are less likely to engage in activities that could jeopardize their job.

ID cards can also be used to track employee time and attendance to ensure people are not turning up late or missing work. This information can also be very useful if there are problems with internal theft, for example.

In conclusion, employee ID cards are a must for your business. They offer many benefits and can help to improve the security, unity, and customer relations of your company. If you have not already started using ID cards, we recommend that you do so today!

Posted in Business & Finance0 Comments

A big deal in company podcasting

Tags: , , ,

Podcasting is sweeping the corporate world, as customers, employees and investors demand more convenient and compelling methods of engagement.

Company Podcasting an industry leader, has flagged a massive shift in how companies around the world are embracing podcasts to engage their stakeholders.

Many companies have considered podcasting, but they find it difficult to produce, find an owner, or find a compelling host – this is where Company Podcasting leads the pack – it’s hosts are bachelor degree educated, and non-executive directors of Australian companies – they speak your language, they put your executive and leadership teams at ease, and they stay on script.

As stakeholder groups around the world fragment, the value of podcasting is beginning to be embraced and realised.

Traditionally communicating with investors is poorly done and has little cut through. Investors know they are reading highly polished content that in all likelihood has been written to avoid litigation and meet minimum disclosure requirements – investors know this, that’s why the open rates on investor emails are at an all time low.

However, putting on some headphones and having the CEO or chairperson directly talking to you, you can hear their intonation and character – you get a sense of their authenticity, their drive, and you are maximising all of your leaders skills to deliver a highly targeted message directly to your target audience – and the audiences are listening.

Audiences (and workplaces) love podcasts because unlike video they can continue working – either listening through headphones, their phone, in the car, or with a google/apple/amazon smart speaker.

Podcasts are also a lot easier and cheaper to produce than full video – and those being interviewed for a podcast don’t have to worry about what they look like, and worry about all the visual components of the podcast.

Editing a podcasting to ensure consistent corporate messaging is also much easier – Company Podcasting provide unlimited edits with each podcast – you can’t easily edit a video mid sentence – you can with audio – we have the technology to stitch conversations together that provide clear and consistent messaging – that meet all of your compliance needs.

Company podcasting even provide full transcripts that you can post to stock exchanges to meet your continual disclosure requirements.

Lastly – Company Podcasting will split your podcast into 10-30 sound bites – this gives you endless opportunities to spread the one recording into many social media streams – think linkedIn, Facebook, Instagram, TikTok – you can achieve all of this without the burn out!

Whatever your stakeholder group – www.CompanyPodcasting.com is a global leader and can deliver high quality, fully hosted, fully edited, compliant, compelling and professional podcasts in lightening speeds at a fraction of the price of traditional stakeholder messaging.

The world is changing, so should your communications.

Posted in Business & Finance, Featured, PR & Marketing, Small Business, Technology0 Comments

Making Your Warehouse Environment So Much More Productive

Tags: , , ,

https://unsplash.com/photos/BNBA1h-NgdY

If you have a warehouse or factory environment to run, then you’ll know all about the kinds of work that needs to be done in order to keep it functioning properly. We all dream of productivity day-in-day-out, but it doesn’t always come about as we’d like it to. When we have all kinds of machinery and equipment to take care of and a lot of different jobs to finish, things can get a little awkward. Anyone who has had things pile up in the past will know how frustrating it can be. 

Making a warehouse environment a lot more productive and smooth, however, isn’t as difficult as it might seem. When you have lots going on, the idea of making things flow better might be a little tedious. Here are a few things that can be done, though: 

Ensure Everything Is Organized And Tidied

You simply just cannot work well in a workspace that is all over the place. Everyone needs to know where everything is located so that they can get things done properly. It’s also imperative that the warehouse isn’t caked in clutter and all kinds of different items. A clear workspace allows for a clear mind. 

Hire People Who Have The Right Personality And Attitude 

It’s not just about the qualifications and the experience. People need to have the right attitude when working towards certain goals and working with certain people. If you have tension in the air or people with terrible attitudes each day, then things won’t get done as well as you’d like. 

Bring In Fresh, Modern Equipment And Apparatus 

Using old equipment or simply relying on bodies would not allow you to get things done as quickly as you’d like. There are so many new products and services around that can allow you to get things done smoothly and without a fuss. Look at the kinds of products that Robotunits provide and see what you could be working with. It’s 2022, so you have to use a little initiative and work smarter – you may fall behind otherwise.  

Ensure Your Location Is Accessible In The First Place  

If you have a workplace that employees and contacts alike can get to easily, then it makes the majority of the work so much easier. An accessible home in the right area can make a world of difference. Also think about making sure the workplace is easy to get around, too. These kinds of problems exist in so many companies.

Make Sure You Have Up To Date Technology And Systems 

In order to keep things flowing as well as you’d like, you need to make sure that you have the right kind of technology and software on your side. Competitors will be able to possess the right things so you’ll need to make sure you’re keeping up or you will fall behind. From things like CAD software/hardware to continuity systems that limit downtime, you’ll need to make sure you have them on board. Even aspects such as project management programs will be necessary. 

Posted in Business & Finance0 Comments

Why Your Business Cannot Afford To Miss Out On Online Marketing

Tags: , ,

The internet plays a part in everyday life and more importantly, it is influencing consumer behaviour like never before. The internet has changed how customers shop, how they find services and how they connect with businesses. As a result, online marketing has become one of the most effective tools when it comes to business promotion. Online marketing can result in greater lead generation, attracting new customers and increased visibility and awareness of your brand. If that is not enough to convince you of the importance of online marketing then consider these reasons below.

Photo credit; Tracy Le Blanc from Pexels

The competition will be online 

You might not be using online marketing but you can be sure your competitors are and you will be losing out to them. If the competitive world of retail has taught business owners anything is that if they fail to adapt, evolve and keep up with the changing times and technology they will lose out and someone will take their place. The best thing you can do to keep up with the pace is to create an online presence, whether that is a website, e-commerce store, or social media account. You need to define a space for business to be visible online. 

You will be wasting money 

Traditionally marketers would look to magazines, newspapers, or TV ads as a means of advertising. However, these traditional methods of marketing are on the decline because they are not having the desired effect they once had. Print newspaper and magazine sales are down and younger generations prefer to stream digital entertainment. While there is still a market for some advertisers to go down the more traditional route for many it will be a wasted expense. Online marketing methods such as content writing, SEO, and social media marketing have all generated incredibly successful proven results, which leaves businesses wondering if their marketing budget is better spent on a Facebook ads agency over a TV commercial. 

It gives you direct access to the right people

Again this is where online marketing is more advantageous than the traditional marketing methods. Marketing methods such as radio adverts, TV adverts or print adverts have the potential to reach hundreds of thousands, if not millions, of people. While that sounds great the reality is an overwhelming majority of the people who saw your marketing campaign simply won’t care about it. Yes you may be casting a huge net but the quality of your catch is severely compromised. Whereas online marketing is so sophisticated that it can allow you not only to potentially reach hundreds of thousands of people but importantly you will be reaching the right people. People who are genuinely interested in what you have to offer and in turn are more likely to purchase from you. Online marketing allows you to target the people you want to see your ads, the ones who will benefit from it by clever algorithms and cookie tracking, you just need to know how to do it.

Posted in Business & Finance1 Comment

11 Easy Ways And Tips To Generate Additional Income

Tags: , , ,

No matter how well you plan, there will always be times when your regular income just isn’t enough. That’s why it’s important to have a backup plan – a way to bring in extra money when you need it.

Image Credit

Here are 11 easy ways and tips to generate a second income:

1. Start a side hustle

A side hustle is a great way to bring in extra money, and there are lots of options to choose from. You could start a blog, do freelance work, or sell items online.

2. Rent out a room in your house

If you have an extra room in your house, you can rent it out to a lodger for a second income. You can even appoint a company that does short term rental property management to keep an eye on things for you.

3. Get a part-time job

If you already work full-time, taking on a part-time job is an easy way to bring in some extra money. Go for something that uses your existing skills or abilities – you could teach swimming lessons, fix computers, or provide customer support from home.

4. Invest in stocks or shares

Investing in stocks or shares can be a great way to bring in extra income, but it’s important to do your research first. Talk to an investment advisor to find out what type of investment is right for you.

5. Start a small business

If you have some entrepreneurial spirit, starting your own small business could be a great way to bring in extra income. You could sell handmade items online, do odd jobs around the neighbourhood, or provide a service like pet-sitting.

6. Sell unwanted items

One of the easiest ways to generate a second income is to sell unwanted items online or at a garage sale.

7. Use a cashback credit card

A cashback credit card is a great way to bring in extra money, as you can earn rewards for every purchase you make. Make sure to compare different cards before you choose one, and always pay off your balance in full each month.

8. Don’t forget to pay yourself

Even though you might be bringing in extra money each month, it’s important to set some aside for savings. This will help ensure that you have enough money to cover all of your expenses if your regular income is reduced unexpectedly.

9. Get creative

There are lots of other ways to bring in extra money, so don’t be afraid to get creative. Think about what skills you have that could be used to generate income – like designing websites or tutoring students.

10. Stay motivated

It can be hard to stay motivated when you’re trying to bring in extra money, even though it’s important. Try setting a goal for yourself and staying focused on that goal until you achieve it.

11. Don’t give up!

If one method isn’t working for you, try another one and don’t give up! It may take some time, but eventually you’ll find something that works for you.

There You Have It

No matter how you choose to generate a second income, you’ll need to take the proper steps to make it successful. Always research your options and follow the relevant laws in your country before you get started!

Posted in Business & Finance, Money0 Comments

Tips on How To Improve Employees’ Productivity

Tags: , , , ,

Image Credits

Employee productivity is an assessment of the efficiency of a worker or workers. It is measured by the amount of work an employee can produce in a certain period. For example, in companies, employee productivity is calculated based on the amount of output on a project versus the time it takes to complete it.

When you measure employees’ productivity, you know how efficient employees are for a particular task. Much success of an organization depends on the productivity of its employees. This blog post will discuss tips on improving your employee productivity.

You Should Ensure Employees Are Happy

Your employees portray the company’ image. You should always ensure that your employees are happy and comfortable. Employees are happy to work on pay, but what makes them happier is feeling like part of the company. 

You can often be taking your employees on outside office activities. Activities outside the office enable employees to break the monotony of working and always be enclosed at the office. You can take them out for team building activities to bond and socialize away from the office. You can search for practical team building activities that can benefit your workforce on www.hiddendoor.com.au. Indulging in suitable team bonding activities promotes company teamwork, which reflects the overall improvement in the company’s productivity.

Encourage Your Employees on Healthy Ways of Living

Personal employees’ lives have a significant impact on the company’s progress. You should, therefore, ensure you keep advising your employees on healthy ways of living.

You can even get them an advisor to talk to them. In addition, encourage your employees to indulge in things that can build their energy levels. When employees are motivated, the energy is also transferred to productivity.

Communicate Clear Company Goals and Targets

Once you employ every employee, it is vital to take them through the company mission, vision and goals. Then, once you assign them roles, they can work towards the goals and targets. Employees tend to be more productive when they have clear and defined plans.

Direct managers are pioneers to employees. They are the ones that guide employees to move in the right direction. Therefore, managers’ expectations should be clear because they significantly impact employees’ productivity.

Always Celebrate Success

Well, who does not want to be recognized? Every person would like to feel recognized and appreciated. You should therefore ensure you appraise and motivate your employees. When successfully achieving the set goals, always incentivize them and celebrate them. 

Celebrating your employees gives them a sense of belonging and motivation, which improves their productivity.

You can also check out other ways of making sure your business becomes successful so that you can have more celebratory moments.

Provide Employees With Technology

The entire world is moving the modern way, where almost everything is being made more accessible through technology. However, your company should not be left behind. You should, therefore, provide your employees with technology in terms of knowledge and operations to ensure productivity improvement.

In conclusion, intelligent employers collaborate with their employees to ensure high productivity. Leaders lead by example. Therefore employers should be ready to do the hard work and make sure employees are in their best position to improve productivity. They ought to start from the recruitment process to assign tasks to employees and lastly to appreciation, which all lead to the company’s productivity.

Posted in Business & Finance2 Comments

How To Go About Getting Equipment For Your Business

Tags: , ,

When you own a business, you are responsible for making sure that everyone has the right equipment. There are so many things that you are going to need to make this possible and it’s true to say that there are some things that are more important than others. In this article though, we’re going to be focusing on how to go about getting this equipment for your business and the steps that you should take to do this. Keep reading down below if you would like to find out more.

Credit Link – CC0 Licence

Make A List

The first thing that you should be doing is making a list. On this list, you should have everything that you think you are going to need to provide for the product or service that you provide to be of the highest possible quality. One you have a piece of equipment, you can tick it off of the list, ensuring that you are not missing a single thing from your company. It makes for a far more efficient process, and doesn’t leave you feeling confused about what you do and what you don’t have.

Remember that it depends what industry you are in as to what you are going to need. For example, you might need a telescope if you work in the dental industry, or you might need a huge piece of machinery if you are doing some heavy work.

Set A Budget

Once you have made a list of all of the things you need, you’re going to need to set a budget. At the end of the day, you have got to spend what you have got to spend to get the right equipment. However, having a budget should be able to keep you on the right kind of track so that you are not blowing through money when there is no need to. Of course, there are always going to be things that are more expensive and those that are cheaper, so do your research and work out which fits best with your budget.

Look At Potential Suppliers

The final thing that we are going to say is that you then need to start looking at potential suppliers. Find someone that has good reviews from previous customers, that offers you a price you like without being too expensive, and that is able to provide you with what you need. You don’t want a company that is known for swapping items they don’t have with others that they think you will like as if it’s not what you ordered, it’s not what you want.

We hope that you have found this article helpful, and now see some of the things that you are going to need to do in order to go about getting equipment for your business. We wish you the very best of luck, and hope that you now know some of the things that you need to do in order to get the right equipment for your business.

Posted in Business & Finance0 Comments

The Art Of Smoothly Adopting Compliance Measures

Tags: , , ,

Pexels – CC0 License

No matter what industry or market you operate within, it’s essential to keep a close eye on the compliance therein. For instance – Biden’s recent cybersecurity executive order has increased the strict number of stipulations required for companies that take on government contracts, as well as the managed IT services that fuel them. This renewed legislation is intended to standardize and more effectively interlink stronger cybersecurity measures and protocols, allowing for a better approach going forward.

As such, many companies are pouring over the documentation and making adjustments as necessary, hoping to prepare for the time when this is enshrined into law. This pertinent example is hardly the only one however, nor is it the first time where compliance and legislation has become more essential to deal with. If you find that you need to make sure your project plans are properly curated, it’s important to know how to adhere to this process without having to work on revisions, have projects denied flatly, or tangle with compliance measures in confusion. In this post, we’ll discuss how to do that:

Define By Your Industry

It’s important to define what compliance you need to follow by the industry you’re in, and the location that industry operates in. For instance, food manufacturing standards are very different in the US and the EU, where GMO products are largely accepted in the former, and often restricted in the latter. Reading into that particular legislation, and the legislation of adjacent industries you work with, will ensure your informed approach.

Use Essential Consultants

Consultants that have a wide understanding of local legislation, restrictions, and how to optimize project planning are worth their weight in gold. For instance, town planning services that can manage projects and keep you updated with essential reporting is key if you hope to invest in property development, understand the necessities of an area, and more easily interface with the housing authority of such an area. Without this, all that work has to be done from scratch.

Keep Up On The News

Industries, markets, and regulations change over time. Keeping up on the trends and news from your industry will help you forecast and prepare for different compliance measures that may not only be implemented, but pondered, put forward, and tested in a trial run. An approach like that can help you ensure your business thrives more capably, without any compliance measure having to hit you unawares.

Your Professional Candor

Of course, your professional candor as a business may help you with inspections, applications, reports, and official communications between governmental departments defining and enforcing compliance and your business in general. A careful willingness to be thoroughly communicative during issues noted via an inspection may help you avoid a penalty and give you some leeway to make changes, for instance, or how transparent you are will allow regulators to trust your firm more responsibly. We must do everything we can to stand up and take responsibility as a firm, rather than seeing compliance as a painful chore to uphold.

With this advice, you’re sure to smoothly adopt and maintain compliance measures from now into the future.

Posted in Business & Finance0 Comments

What a Building Contractor Has to Hire: 5 Things

Tags: , , ,

Many people don’t know the first thing about what a building contractor has to hire. A new business owner may not be aware of how many different types of workers they have to include on their payroll or equipment they have to hire, and it can be confusing for someone who is just starting out. 

Photo by Andrea Piacquadio from Pexels

Covered By Insurance 

One of the most important things that a building contractor has to get is their own insurance. This will cover any damages the person may cause while working on an assignment. It might also be necessary to obtain liability insurance to protect themselves from lawsuits by clients who feel they did not receive adequate service. If they hire subcontractors for work, these individuals must be insured too. If something happens during their time at the job site, and someone gets hurt, they don’t want to sue them either.

Equipment 

If you have ever built anything with your hands, the odds are good that you know how much equipment can cost when starting a new project. Depending on what type of contracting business they are running, it could be necessary for them to hire various tools and equipment to get the job done. Therefore, they must have enough power sources and make sure these items can handle what is required by their project.

Dumping Point 

If your business is based in an area that receives a lot of rain, then the odds are good that one thing they will need to hire on occasion is a dumpster and commercial bins. This type of bulky item may not seem like something they would ever need. Still, if there’s a big job underway involving many workers clearing out debris from several areas throughout the day, things could get very messy quickly without this important tool. It might even be necessary to have additional helpers who focus mainly on taking care of any garbage disposal duties.

Assistants 

A professional building contractor has likely learned that hiring one or more assistants is an excellent way to keep expenses low. It might seem like simple math, but if they can do three jobs in the time it would take them to complete just one, their profits go up while keeping labour costs down. Of course, the type of assistant they hire will depend upon what kind of company they run. If you are located within an area that has strong construction worker unions, the odds are good that finding reliable workers won’t be very difficult.

Storage 

Building contractors have come across something that most people don’t know before receiving bids for work is how much money local suppliers charge businesses that lease equipment from them rather than buy brand new items themselves. If your business runs out of space after bringing too much equipment on board, it might be necessary to hire one or more storage facilities for their items which can help save money if they do so frequently.

Image by Manfred Antranias Zimmer from Pixabay 

As you can see, there are many different positions which a building contractor has to hire to have the best chance at being successful within their geographical area. Considering how much time and energy they already spend working hard every day, it’s no wonder that so many professionals with this career path choose not to take on additional duties themselves when possible. That way, they can focus more of their efforts on work happening at the job site

Posted in Business & Finance, Property1 Comment

5 Steps To Improve & Modernize Your Recruitment Processes

Tags: , , ,

Unsplash

Finding the best people for your company is crucial, and you’ll only do this with an effective recruitment process. Developing a recruitment process means paying attention to trends, keeping up with technology and striving to remain competitive. Using these five steps you’ll modernize and improve your recruitment processes.

1 . Employee referral program

Consider putting an employee referral program in place, this is a great way to enhance your recruitment procedures. Think about it, your current employees know your company culture, and so they can recommend people who are a great fit. You hired them because of their talent, and they are likely to know similarly talented people in the same industry. There are several benefits to using an employee referral scheme such as:

  • Can help you save money.
  • Can speed up the hiring process.
  • Improved chance of finding the right people.

2. Remote recruitment

Remote roles and remote recruitment processes were popular before COVID-19, and the events of the pandemic have driven these trends forward. Besides adapting to the new normal there are many advantages of remote recruitment processes. Using remote recruitment procedures you can access a larger talent pool, and hire candidates in many different locations across the globe. Remote hiring processes are typically faster and more convenient, allowing for a streamlined onboarding process. Whether you run a remote business or not, remote hiring processes can be helpful to boost productivity.

3. Applicant tracking software

Applicant tracking software helps businesses to track and organize their candidates. The software means that companies can collect info, and sort prospects according to their skills and experience. The benefits of using ATS include:

  • Allows employees to organize their candidates in one place.
  • Using ATS software can save time.
  • Can quickly filter out unsuitable candidates using algorithms and keywords.
  • Allows you to remain competitive in your industry.

4. Work with an RPO company

RPO companies work to support recruitment agencies and businesses that need internal recruitment. Recruitment Process Outsourcing companies develop recruitment procedures, and offer support to build back office teams. RPO company clients can access valuable support such as:

  • IT support for remote and office based teams.
  • Human resource support including talent acquisition, payroll and organisation management.
  • Software support from communication tools to CRM or timesheet logging.
  • Access to hardware including laptops and computers.

5. Focus on company culture 

According to BuiltIn, ‘46% of job seekers cite company culture as very important when choosing to apply to a company.’ If you’re keen to find the best talent you’ll need to focus on company culture throughout the hiring processes. When you advertise your positions use job descriptions that demonstrate what your culture is all about. Use your social media accounts to reinforce your core values, helping you appeal to like-minded people. Building a strong company culture fuels success, and so it’s important to find candidates who are a good fit.

These five steps will support you to improve and modernize your recruitment processes. Keeping up with recruitment trends can help you to remain competitive and find the best hires for you.

Posted in Business & Finance0 Comments

Running A Small Business? Consider Outsourcing These Areas

Tags: , ,

Image Credit: Chalo Garcia from Pixabay.

Small business owners consistently look for ways to improve their company to give them a competitive edge. They’ll typically focus on particular areas, such as product innovation. There are multiple other ways that this could be done, however.

Outsourcing is one of these, as it lets small business owners concentrate on some of the more important tasks. If you’re running a company, then you might want to consider this approach. Not only does it reduce your workload, but it’ll be more affordable than you’d think.

Some business areas are more commonly outsourced than others, so you may want to consider them.

Areas Your Small Business Should Consider Outsourcing

Marketing

Effective marketing is one of the fundamentals of growing a small business. It’s almost impossible to do so without it. You mightn’t have the funds to hire a full-time employee and have an advertising budget, however.

Outsourcing solves that, as you’ll typically pay much less for your marketing strategies. Since freelancers work on an as-needed basis, you’ll save on most of the expenses. You can also make sure that you’re only paying for what you want, such as social media marketing, among other techniques.

Alternatively, you can outsource to an agency to get access to a full team of marketing professionals.

Legal

You’d be surprised by the number of small businesses that outsource their legal duties. In fact, the majority of them seem to do so to a certain extent. Usually, this revolves around registering your company, among other start-up-related duties.

Other companies also work with firms like Accuro Maxwell, among others, on a range of larger issues. These often relate to mergers, acquisitions, and much more. Should your business grow, then it’s possible you might need to take care of your legal duties more often.

In these cases, it’s recommended that you outsource to a professional. They’ll know much more about the intricacies of the law, after all.

Customer Service

Few small business owners realize that they can outsource their customer service. While this isn’t the case for your in-store service, it can be the case for all email and phone support. Working with a call center can be the most effective way of doing so.

Typically, these will employ multiple highly-trained employees specifically for this. With that, you’ll have access to a much larger customer service team than you’d think. That’ll save you on a significant number of costs, especially when you’re starting up.

In many cases, these call centers can continue to act as your customer support team when your company grow, making it quite a scalable option.

Wrapping Up

With the sheer volume of ways that you can improve your business and make it more competitive, you could get overwhelmed. As tempting as some ways might be, others could be more recommended.

Outsourcing certain business areas is one of the more common. A significant number of firms have found how effective it can be. Not only will these tasks be done well, but you’ll have more time on your hands to focus on the areas that matter most.

Posted in Business & Finance0 Comments

Is Your Business Spending Too Much?

Tags: , , ,

If you’re running a small business, you would likely have noticed how quickly your business can burn a hole in your pocket. Ideally, your business can pay for itself, but that’s not always the case – and there’s a lot of things you need to do before it gets to that point. If your business was more expensive than you thought it would be, it might be time to start looking into how to make the costs a lot lower than they currently are. There’s plenty you can do to cut those costs, but you need to be ready to explore your options and keep an open mind. Not everyone has the experience needed to make the right decision for their business, but the risks are low when you try free alternatives.

Source

Free marketing strategies

Marketing is something that no business can go without, and it’s not something that you should consider cutting corners on. One thing is certain, and it’s that you need to let your target audience know that you exist. Whether you’re offering a service, running a store, or running your business online – you’re going to have a hard time getting noticed if you haven’t already got a following. This is where you want to try out all of the free marketing strategies that are available to you.

If you’re running a store, a really simple but helpful way you can help to market your business is by using pamphlets. Having something to give out to people can be a good way to begin your following, especially if you make sure it seems appealing. It might cost a little to have it made and printed, but the cost is nothing compared to the amount of money it could bring your business.

No matter what kind of business you are in, you should be making sure that you have some form of social media page. If your business relies on customer interaction, having a social media page can not only improve your reputation as a whole, but it’s a good way to reach out to your target audience. Many businesses make use of the popular trends to get themselves seen by more social media users – further growing their audience. Just make sure you’re not all business on social media; your followers won’t want to be spammed by constant advertisements.

Bulk buying supplies

You need to be making sure you’re taking advantage of all of the sales that are available to you. If you work in retail, supplying your business with products can be very pricy – but a lot of suppliers will have exclusive deals for you. Take these heavy duty headphones for schools, for example. It’s not a price that you would be able to get for personal use, but as schools need to bulk buy a lot of their supplies – they’re able to get their products at a much cheaper rate. The same applies to retail stores, and it can save you a lot of money if you aren’t already taking advantage of it.

Posted in Business & Finance1 Comment

The Mindset Of A Financially Savvy Individual

Tags: , ,

Pixabay CC0 License

Money matters. The pandemic has highlighted the fact that it isn’t the most important thing in our lives. Still, there’s no escaping the stress that financial shortcomings can bring. Therefore, it’s imperative that you make a conscious effort to put things right. Building a strong mindset should be the first item on your agenda.

While we all have to discover our own pathways, embracing a few simple strategies can make a world of difference. Here are five that will lead you to success.

#1. Repair, Don’t Replace

Products break or become faulty from time to time. Unfortunately, life has a tendency to throw up those problems at the worst possible times. A quick change of mindset could reduce the financial burden, though. It is often possible to restore items, which will cost a fraction of the price. For example, experts like Tony’s Auto Wreckers can help you find certified spare car parts to avoid replacing the vehicle. Similarly, professional appliance repair workers can help you save money. DIY tutorials are readily available too.

#2. Make Assets Work Harder

Learning to appreciate what you have will make you a far happier person in all aspects of life. As far as your assets are concerned, learning to make them work harder can transform your financial health for the better. There are several ways to get more out of your garage, from short-term financial boosts to ongoing revenue opportunities. You may also be able to look at the possibility of hiring out camera equipment or other items that people may need for a short loan. When your assets are used to their full potential, you will notice a difference.

#3. Consider The Long Game

There’s nothing wrong with spending money in life. The key is to use it effectively and form calculated decisions. This is particularly important when looking at the prospect of home upgrades. Eco-friendly upgrades like Bing Lee Appliances may require a little outlay. But they can work wonders for your long-term finances. They will add value to the property while also reducing your bills. On a similar note, resisting inferior products when better items will soon be available can have a big influence on your finances.

#4. Stop Owning Everything

Society makes us believe that buying products is the only way to live. It doesn’t have to be that way, though. There are many situations where short-term hire agreements are better for your circumstances. This can range from leasing a car to renting an outfit for a friend’s wedding. Many people will also find that renting a home makes more sense than buying a property. You can travel down several paths in your life and finding the one that works for you is all that matters. Acknowledging this is a key feature of a winning mindset.

#5. Avoid Unnecessary Fees


Financial organisation is one of the greatest skills that anybody can ever develop. You don’t have to be rich to be financially stable, you just need to be in control. Using mobile banking and managing your bills to avoid late payments or interest fees will work wonders. When combined with a desire to compare prices on all purchases, money will leave your account far slower. In turn, this will remove the pressure to earn quite as much. Likewise, savings can be used to start investments and generally boost your ongoing finances. Perfect.

Posted in Business & Finance0 Comments

Stepping Up Effectively: Defining Growth on Our Own Terms

Tags: , , ,

Pixabay – CC0 Licence 

When you are establishing your image or developing your identity, the notion of growth is somewhat a misnomer. It’s a common misconception that growth is determined by sales and the bottom line. But there is so much more to growth than this. The idea of growth is how you define it. It’s important to define growth on your terms. So how can you define this, but also how can you achieve growth in your own way? 

Professional Growth

If you are looking to achieve professional growth, you can break this down into a number of different components. For example, you could look at the market in aspects and figure out how you can diversify your approach. Working with companies like an online marketing agency forces you to identify what areas of professional growth you need. This means that professional growth is not just about performing well, but it’s about the ability to promote yourself effectively, but also make sure you have the right products. This means you have to undertake a form of self-examination where you recognise your strengths and weaknesses. A SWOT analysis can help you identify how you wish to grow professionally.

Financial Growth

Financial growth is to do with the bottom line and profit. And this relies on sales. If you are to grow your business and finances you will have to, again, look at your strengths and weaknesses, however, when it comes to financial growth it’s about offering the right products, while also having the business acumen to deliver this growth effectively. Financial growth is the end product we are all after, but in order to do this effectively, we have to implement strategic plans. This is where your long-term business plan would come into effect. It doesn’t have to be a lengthy document, but it should highlight key milestones for the business that you define as barometers for growth. This could comprise KPIs such as the percentage of conversion rates.

Cultural Growth

Growth is also about what occurs on the inside. If you want to focus on turning your business into a healthy entity, it’s not purely about profit and percentages. Cultural growth is integral to the growth of your business. When we talk about cultural growth, especially in the modern-day, this highlights our abilities to work with other suppliers, and forge key relationships. If you want to grow your business in an ethical sense, you’ve got to focus directly on the cultural components. Is your organisation a great place to work? 

Many businesses make the mistake of avoiding defining what their cultural identity is and focus purely on profits; however, we must recognise that businesses need to grow in all three of these aspects. When you define growth on your terms, you can look at one of these three areas, but the best types of businesses will be able to incorporate a comprehensive approach to growth. When we understand how growth becomes an effective method to implement change in how a business improves its profits, this is how you can turn a company from a small, seemingly ineffective entity, to something that has a far wider impact.

Posted in Business & Finance, Health & Lifestyle0 Comments

How To Make Products More Attractive Online

Tags: , , ,

Pexels. CCO Licensed.

Selling products online requires different tactics to selling products in a physical store or through an in-person sales agent. Customers aren’t able to physically touch or test the product when buying online. Instead, you have to find other ways to give customers the information they need and build trust. Below are just five tips on how to make online products more attractive.

Use professional photographs

If you’re not a professional photographer, you should avoid taking your own photos of your products. Similarly, you should avoid using manufacturer photos. Instead, hire a professional photographer to take your own high-quality original photos for online purposes. 

A professional will know how to get the best lighting and angles and will be able to create a sense of consistency between all your product photos (even if you’re selling products from a variety of different brands, it’s worth keeping a consistency between them for the sake of your own brand identity). When hiring a photographer, look for someone with a good online reputation. Specialist photographers such as real estate photographers or fashion photographers may be worth hiring for certain types of product. Models and props could be worth hiring for certain products too.

Consider offering multiple photographs per product. You could even consider 3D photographs. Such photos can help to build customer trust by offering a fuller idea of what a product looks like. 

Add a video

A video can provide even more information than a photo. This could include video adverts or explainer videos. 

You could use a video to demonstrate your product in person. Alternatively, you could consider an animated video to help explain the technical aspects behind your product. As with photos, consider hiring professionals to create your video.

Write enticing product descriptions

The product description can be very important when selling a product online. It should contain detailed information about the product, while also being engaging.

Rather than using lots of big blocks of text, consider using bullet points and multiple sections in your product descriptions to present information in a way that’s easy to skim-read. Make sure to cover all the specific information that customers are likely to want to know such as measurements and ingredients/materials. Consider also adding in a few keywords to help with SEO. A professional copywriter could be worth hiring to help to get the best out of your product descriptions. 

Display positive customer reviews

Many customers rely on reviews to determine whether they trust an online product. Consider allowing customers to leave reviews under your product – or highlight select reviews left by some of your happiest customers. Haven’t got any customer reviews? Consider a few of these tricks for building customer reviews

Advertise discounts and freebies

Lots of people shop online instead of at their local store in order to find better deals. Throwing in freebies or notifying customers of discounts could be a way of attracting more customers and securing more sales. These could be deals for a limited time only in order to encourage customers to snap up your product fast.

Posted in Business & Finance, PR & Marketing2 Comments

  7 Reasons to Subscribe

Subscribe via: (Email / RSS)