5 Qualities of Emotionally Intelligent Leaders

Business leaders are not just great at making their companies a success, but they should also be great at handling their staff. After all, without a hardworking and inspired workforce, they will not be able to achieve success in business. This is why leaders are able to handle people, who are warm, approachable and able to handle interpersonal relationships.

Emotionally intelligent leader

People who have these traits have a high emotional intelligence quotient. This means they are great at being aware of their own and other people’s emotions. While these traits can be natural, they may also be developed and honed.

Here are 5 traits of emotionally intelligent leaders:

1.

…Continue reading →

Business Addresses: Different Types and Why You Need One

A business address is the official headquarters of a business. They may be the actual place where business is conducted, a mailbox, or virtual headquarters to add legitimacy to the business. Regardless of whether your address is a real place of business or not, the last thing you want is to have a business that’s linked to a residential address, as it makes you look like an unprofessional, non-established upstart to potential clients.

Business Address

Here’s a list of the various types of business addresses you can get:

Sole proprietor address

These people may use their home addresses, but this isn’t ideal.…

Continue reading →

The Importance of a Board of Directors in the Formation of a Company

To build a successful venture, CEOs and other management involved in forming a company need to know it takes teamwork and good communication. The board of directors in a company are responsible for its ultimate success or demise. Unfortunately, a board of directors may collaborate together, but each are individually accountable for anything that goes wrong.

Directors UK company formation agent have to come together before any new corporation is set up. A corporation’s board of directors have the responsibility of steering the company through the rough waters to appease shareholders. In addition, a board of directors also have other duties to perform such as satisfying legal obligations and others, such as those discussed below.…

Continue reading →

The Most Common E-commerce Checkout Mistakes and How to Fix Them

The e-commerce world is only getting more competitive. Setting up an online storefront and selling products and services directly to customers is easy to do these days, especially with CMS platforms like WordPress and Joomla being easy to use, with many e-commerce plugins available for them.

Ecommerce checkout

The competitive market means there is little room for errors. Ensuring a smooth user experience and a pleasant customer journey is one of the ways you can take your online store to success. Customers can go all the way to the checkout page and then decide to abandon their carts because of the slightest disruption in the user experience.…

Continue reading →

How to Protect Your Business from Exchange Rate Volatility

Exchange rates can be incredibly volatile which is problematic for businesses because this could have a serious impact on your bottom line. So, what can you do to protect your business from exchange rate changes?

Foreign exchange rates

Although impossible to predict movements in this market, there are a few steps that you can take to protect your company.

Planning

Like many areas of business, planning is crucial to success in this area. Analyse past trends and set a budget each year which accounts for the number and timing of transactions with a realistic assumption of current and future rates – speak to foreign exchange specialists for advice on this.…

Continue reading →

Branding Your Business: Everything You Need for Small Business

Branding your business correctly is key to its success. Creating a brand that resonates with your customers gives your business a unique personality, and establishes a unique position in the marketplace. Not only does this attract the right customers, but it also helps to raise revenue as more customers turn to you for their purchases.

Small business branding on small budget

So how can a small business develop a strong brand on a tiny budget? Here are five simple things to get you started:

1. Make a Great Logo

Your company logo is an important part of your branding. Not only is it a visual representation of your business, but it also builds brand identity and customer loyalty.…

Continue reading →

Entrepreneurship: 3 Myths and Misconceptions About Starting Your Own Business

Entrepreneurship is alive and well in the USA as each month the number of entrepreneurs is growing. Whether a person just starts something small on the side for extra income, or quits their job and works at their business full-time, it seems like starting a business is a popular way to make money. It’s easy to see why.

Myths about entrepreneurship

When we think about starting a business, we think of the fact we can set our own hours, be our own bosses and be in total control of our lives and business. While this is the case for some and starting a business can be an awesome thing, it’s not all peaches and cream.…

Continue reading →

The Importance of Having a Strong Risk Culture

Every business has its own risk culture, as companies across all industries are exposed to a wide variety of hazards on a daily basis. The difference is how they deal with such risks and how successful these measures are in getting through to employees and forming the risk culture of a business. Creating an enterprise-wide awareness of risk is essential according to RSM and one of the first steps towards a strong risk culture is understanding why it’s so important.

Protect Your Assets and Reputation

With a range of recent headlines highlighting instances of fraud, employee scandals, misconduct and more, a strong risk culture is required to prevent this happening in your business.…

Continue reading →

How to Protect All Your Valuable Business Gadgets

In the digital era, we’re all surrounded by electronic gadgets like smartphones, televisions, laptops, computers, Wi-Fi, and many other devices. We buy them from various ecommerce or small business supply platform sites. They help make our lives better, and certainly make businesses run more smoothly. If you don’t take care of electronics, it can cost a lot of money.

gadgets

Even if you’re one of the few out there who only have just one gadget, such as a smartphone, it’s important to take a few minutes here and there to keep it in good condition. Here’s a few tips to keep all your electronics clean and in good working order, to make them last as long as possible.…

Continue reading →

4 Life Lessons You Can Learn From Sharon Bush

Sharon Bush has proven herself to be resilient, generous, loving, and entrepreneurial despite life’s problems. Emulating her ability to overcome adversity and subsequently flourish, one can find valuable life lessons that will help them succeed.

Sharon has applied a variety of knowledge gained from her personal life experiences to become a well-known philanthropist and respected entrepreneur. You may think of her as just another every day entrepreneur, but her story offers many great life lessons that you can relate to and make use of on your own journey.

1. Build Resilience

After dealing with some personal struggles, Sharon soldiered on. Religion has helped her during her most challenging times.…

Continue reading →