With the end of the year approaching, small business owners are preparing to spend time with their families, tie up their taxes, perform reviews and continue to fight for their share of holiday sales. Another activity many will be engaged in is creating a list of goals and resolutions that they plan on carrying into the New Year with the aim of improving the health and competitive ability of their companies. When setting a business resolution, as with a personal resolution it is tempting to aim for a radical change, such as giving up a certain guilty pleasure food or promising yourself to give up a vice cold turkey. For this reason, a large number of resolutions never make it more than a couple of months into the year before being forgotten and repackaged for next year. In order to create a set of resolutions that can work for your business, you must think about the goals you can reasonably achieve and how to build

The holiday season is one that can be bittersweet for small business owners. While it represents one of the best times of year for sales, and can be the difference between make or break to a business owner’s bottom line, there is no debating whether or not all that pressure can add up to some major stress, not only on business owners themselves but on their staff as well. While it’s not a time to turn back the dial unless you are truly trying to do way too much, in which case hiring some temporary workers might be in order, that’s not to say that you should ignore the signs of stress you and your employees are feeling and push ahead without making an effort to manage it. Start the day with a reminder of your goals as a team. While every staff member is working on getting what needs to get done taken care of, people’s moods can start to rise and create the fuel for

A small business environment is one that lends itself readily to distraction if you are not careful to focus on the priorities you have defined for yourself. This can be especially true if you know that you have a personality that is prone to distraction. A restless mind is by no means a bad thing, and as an entrepreneur you will often be well served by the ability to quickly shift gears and think on your feet. When the time comes for less exciting tasks, however, you might find yourself slipping more than you would like to. In order to manage your productivity while acknowledging the nature of your attention span, consider the following ideas for getting through the workday. Don’t over-caffeinate. Caffeine, when used in a responsible amount, has been generally found to not produce significant side effects, and is recognized as a legitimate aid to productivity within reason. It’s the “within reason” part, however, that some business owners can have problems with, especially if

What’s Your Friday Habit?

Friday, 22, August , 2014 by

Friday is the most popular day of the week, since for many it represents the beginning of the weekend and a much needed break. However, because of Friday’s boisterous reputation, it can be difficult to get things done when your mind has already clocked out. There are probably things that you could be getting done at the end of the week that you don’t get around to because of a loss of focus. In fact, even when you are seemingly busy at the end of the week, it can be incredibly easy to get drawn into working on tangential tasks that are really just time sinks. In order to get more out of the end of the week, business owners may want to consider creating a new habit for themselves that an help them get things done without the need to mentally scramble to figure out what they should be doing, which can help them to keep sight of long and short term goals. What

If you have a solid managerial foundation in your office, working from home can help you to beat some of the distractions present in your office and plan for the big picture. While being in the office can help you to galvanize your employees and stay involved in projects in real-time, it can also become a distraction that takes time away from macro-processes vital to the long term health of your business. While it is important to be available to your employees and managers and be able to successfully steer your employees in then right direction so that all goals are met, as long as you are confident that your employees recognize the areas where they are accountable, Use time in your home office to review your long term strategies. The long term goals of your business can often become clouded over by the demands of the the day to day, and unless interim goals are created and met as stepping stones to a larger goal, it’s

Inertia in the workplace refers to the series of habits and actions that you and your employees can fall into, becoming comfortable with a routine that can get in the way of real progress. Generally speaking the larger your team becomes, the more likely it is that a series of routine actions will be established as the proportion of employees to managers becomes higher. The problems caused by a too strict adherence to a routine include missing opportunities, reduced confidence in the face of innovative competition, a sliding standard of performance, and complacence in general that leads to less getting done. What causes inertia in the workplace? Common in the corporate world, a fear of experimentation and risk taking is a common cause of a glacial pace of organizational change. When employees feel that they are not valued for their ability to be innovative, and rather, are important only insofar as they can perform a specific task, then the risks involved in experimentation and innovative thinking

Small business owners should value their employee relationships as the keys to their business’s future potential. Promoting a strong sense of community, as well as grooming leadership potential in your staff creates a line of continuity for you business and can reduce the negative effects of employee turnover and the hiring process. When creating morale boosting perks for your employees, a few things need to be kept in mind. Whatever you propose, the rewards offered should not create antipathy among your employees. Try to ensure that your rewards are commensurate with the performance that you are able to get from your employees, and you should consider creating some runner up awards as well. You should also not promise anything that goes outside of the reasonable bounds of your business’s budget. Luckily, there are many ways that you can reward your team without throwing your small business financing plans out of whack. One of these ways is by inspiring them with a contest in the spirit

As in many things, confidence in business goes a long way towards helping business owners achieve their goals. Confidence is what allows you to put yourself out there, whether it is while pitching your business to a prospective partner or investor, creating a new product line or marketing strategy, or showcasing your successes at an industry event. Cultivating confidence in yourself and your organization takes some time and thought, but raised confidence is a truly powerful motivator and in most cases is well worth the effort, especially when paired with other management strategies, such as the addition of some employee benefits or hands on training events. Set goals for your business and your employees. Goals are important not only because they help keep your business on track, but it also can help to raise your confidence levels as your team sets them up and knocks them down. Planning your goals effectively requires some give and take with your employees, so make sure you understand where they

TOP css.php