For many small business owners, their staff is more like family. That’s why it can be so painful to think that one of your employees is an embezzler. The majority (55 percent) of embezzlement takes place at companies with fewer than 100 employees.
Discipline puts an employee on notice of the severity of a problem, as well as the consequences for not correcting it. Read more
Small businesses tend to take the lean approach to marketing. They don’t outsource it much, and they often underfund it. But you can beat your competitors, even if they have much larger marketing teams.
What is a strengths-based company culture? No, it’s not sugarcoating everything and making employees feel good about themselves. It means recognizing each employee’s strengths and finding ways to use those strengths productively on the job.
If your business employs just a few workers, it’s in your best interest to establish clear workplace guidelines. Read more
Creating employee schedules can sometimes resemble a round of managerial Tetris for small business owners. When you’re a small business owner with shift workers, every minute counts. And inefficient scheduling doesn’t exactly make the best use of your creative mind and entrepreneurial spirit.
87% of employers indicated that improving retention was a top priority for their organizations. Beyond avoiding high turnover, fostering a positive and engaging work culture also encourages higher levels of performance while reducing the risk of negative or potentially destructive behaviors.