POST CATEGORY : Management

Someone Else Can Do These 5 Business Processes Better Than You (No Offense)

One trait successful entrepreneurs almost all have in common is the ability to say “no” — to dodgy proposals, out-of-left-field ideas, clients who bring a whole rat’s nest of strings to the relationship.

Still, many business owners like to think they can do it all. Maybe you’re one of them.

Business process outsourcing

What separates the truly great from the just-pretty-good is the ability to know when you’re better off outsourcing non-core business processes to outside partners capable of doing them right. These process might be super specialized and high-value; they might be wholly commoditized; or they might fall somewhere in the middle. What unites them is the simple fact that they’re not central to your core operations — your moneymaker, as it were.…

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How to Pitch Your New Business Perfectly

There’s no denying we’re operating in a challenging business climate. Competition is healthy, but to stand out from the crowd and nail new business opportunities, you’ve got to do your homework.

Negotiating with new business client

Understanding your own business inside out is only half of the battle —you’ve also got to demonstrate that you have a thorough appreciation of those you want to work with too.

The good news is that in the digital age, it’s much easier to do your research than previously, thanks to the convenient tools and websites we now have at our fingertips.

Research your pitching prospect

When you’re looking for information about the people you’re pitching to, Google is your best friend.…

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Intranet Tools Are a Secret Weapon For Employee Retention in Healthcare

In an economy where it is no longer necessary for workers to stay with a single organization for their entire career, employee retention is an issue that has dogged many high performance, high-pressure sectors like finance and business — but the problem is probably most stark in the case of the healthcare industry. The average turnover rate for new employees in healthcare rose to 14.7% in 2017, a number that represents a staggering amount of lost time and money for large healthcare organizations that may need to train hundreds of new workers every year.

Healthcare workers analyzing

Although there are many factors driving low employee retention, research on the subject has found that in many cases it comes down to the employee’s sense of connection and integration into the organization as a whole.…

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Sophisticated Simplicity – 3 Businesses That Excel With Everyday Products

The world seems to get more mind-boggling by the minute.

And as we’re bombarded with info on Bitcoin, AI and complex computing algorithms, it’s easy to forget that it’s often the simplest ideas, developed to make life more stress-free, that stand the test of time.

Jack Russell and his toilet paper rolls

But a lot of smart thinking powers the popular, practical and straightforward products we use in homes and offices.

So it’s worth digging a little deeper into this sophisticated simplicity by looking at three businesses that excel with everyday products.

1. Numatic International Ltd

Vacuum cleaner brand Numatic International Ltd might not ring any immediate bells — but there’s a good chance you’ll recognise Henry the Hoover.…

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5 Ways to Promote a Healthy Work-Life Balance in Your Small Business

When it comes to maintaining a healthy work-life balance, startups are leading the charge. In fact, thinking like a startup is one of the best ways to attract top talent and keep them happy. From flexible work hours to company retreats, 53% of surveyed employees say job perks offer a better quality of life both in the office and outside of it.

Work-life balance

Keeping employees engaged and happy in their jobs is key to success, especially in a highly efficient, small team. If you’re considering implementing more perks to excite employees, here are some tips from other small business CEOs and managers who introduced new strategies to help their employees maintain a healthier work-life balance.…

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CEO Interview: Ofer Tirosh, Tomedes Translation Agency

Ofer Tirosh has been running a successful, global translation agency – Tomedes – for over ten years. Today, he has taken time out of his busy schedule to share his experience with SMBCEO readers.

Translation service

1. When did you set up Tomedes and why?

I established Tomedes back in 2007. I had previously worked for several global companies and had noticed a gap in the market for high quality translation and localization services. At the time, the existing solutions for large companies’ translation needs were archaic and out of sync with the diversified and challenging localization needs of organizations in the today’s digital world.…

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How Scheduling Software Helps Overcome Common Employee Management Problems

There are a number of ways you can streamline your workforce to increase productivity. Probably the most effective tool for this is scheduling software. It enables you to make better use of each and every minute of the work day. How exactly does scheduling software fit into the average workplace? This article will examine exactly how to use work scheduling software and the benefits that will come from using it.

scheduling software is a necessity in business

What Is Scheduling Software?

Scheduling software is a digital tool that permits that organizes staff, assigns and tracks tasks, among other things. Ximble has an effective version of this type of scheduling.…

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Grow Your Business with These 5 Social Media Tips

Social media offers plenty of benefits to businesses that are able to fully grasp the power that this form of media possesses. Not only can social media be an effective marketing tool, but it can also be an essential part of your plan to make your business grow.

Using social media for growing business

We utilize social media to assist us in marketing houses for sale in Calgary as well as to build our brand. With these five tips, you can fully harness the power of social media to create the business growth you desire.

Tip #1: Set Goals

Before you start putting any work into your social media accounts, you need to establish goals that you can effectively monitor and track.…

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5 Signs Your Business May Need More Employees

There are a few employees that companies and corporations need to function properly, without turning to bankruptcy in a few years. Being a good employee, at a good job, is the ultimate dream; as business owners, are we hiring the right type of employees?

New job applicants to fill in new positions

Let’s take a look at 5 signs we need to watch out for to ensure our business has the right type of employees.

1. Not Enough Diversity

Take culture, race/ethnicity and gender out of the equation. One of the signs your business needs more employees to do their job… is to hire employees with as wide and distinct skill-sets as possible.…

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5 Top Service Provider Tricks for Optimizing Workforces in the Field

Running a service company is about staying focused. Each job has limited money-making potential, so it’s vital to do them all as efficiently as possible. These five tips make it easier to sustain profitability starting with the workforce in the field.

Tips to maximise a service-based workforce

1. Get Smarter About Metric Tracking

Maintaining a cost-effective workforce in the field can be difficult. Some business leaders baulk when asked to make tough cash flow decisions about which projects are important, while others do this by instinct. For instance, experienced managers might have a “gut feel” for what’s a good use of company time but the data may show otherwise.…

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