Five business lessons learned from going undercover in a company
During my recent experience on the CBS Emmy Award winning show “Undercover Boss,” I learned more than just how to hand roll dough and deliver late-night pizzas. People should always be the best they can be and go the extra mile, because it will not go unnoticed.
How leaders may minimize the impact of tomorrow’s disasters on operations and financial health
Businesses must identify potential vulnerabilities within their organizations and take the appropriate steps to deal with disasters. Here are four actions business leaders should take as they look to minimize the impact of emergencies and natural disasters on operations and financial health.
How to find employees with 'true grit'
Is there a relationship between grit and work performance? And does measuring someone’s “grittiness” meaningfully predict performance above and beyond other traits that have previously been shown to predict work performance?
Royalty financing may be an option for entrepreneurs
The premise behind Royalty Financing is simple: a company sells a negotiated percentage of its future revenues to an investor in exchange for a capital investment.
Five ways to make a new employee feel welcomed
The first day on the job can be intimidating for a new employee. Just as it is important for new hires to make a great first impression, it is just as critical for the business to do the same. The company must focus on making the employee feel welcomed and appreciated rather than immediately burying them with paperwork and other tasks.
The employee needs to feel as though they belong, so be sure to show them more than just the ins and outs of their day to day. Show the employee what the culture is about and how everyone interacts with each other. It’s imperative to make them excited about their future within the company.
None of us can do individually what all of us can do collectively
I just gave the above message to a sales team this week. You do not want to have a culture that says, “If I can’t make this sale, then no one can.” It needs to be a team effort.
Women in technology are taking a seat at the table, so move over
With a deliberate focus on education around STEM (Science, Technology, Engineering and Math) to attract more female employees into the workforce, men are now having to learn how to adapt their form of communication and style of working.
Five things you should know about estate planning for a family-owned business
But have you taken the steps needed to sustain it? Business ownership complicates your estate and requires careful planning to make a successful transition.
The five biggest teamwork ills and prescriptions for them
A well-documented phenomenon, social loafing, is an issue that plagues any group of individuals working together, but it isn’t the only one. Knowing what to look out for can be half the battle. Below are the Five Biggest Teamwork Ills, and some prescriptions to help you avoid them.
How to package your SBA loan application
As company balance sheets improve, banks are beginning to look more favorably at providing loans to businesses. But in some industries and for certain types of financing, however, it still can be difficult to obtain a traditional loan. That’s where U.S. Small Business Administration (SBA) loans can help fill the void.