POST CATEGORY : Management

3 Tips for Managing Your Inventory as a Small Business

As a small business owner or manager, you likely have a lot on your plate already. However, one area you can’t afford to take chances with from a business standpoint is in regards to your inventory.

Inventory management

If your inventory isn’t properly managed and accounted for, you could have innumerable problems within your business. From losing money to losing customers, inventory issues can really set you back.

To help you avoid running into problems with insufficient inventory management, here are three tips for better managing your inventory as a small business.

Have the Right Storage Space

Depending on the type of business you’re running, you’re going to want to have a set amount of your product stocked and ready to go when a sale comes in.…

Continue reading →

3 Tips for Throwing a Business Party Your Employees Will Love

Although the holidays are coming to a close, you can always find a reason to throw a party at work. Whether your company hit a large goal, you’re having a valuable employee retire, or it’s simply that time of year, throwing a party for your employees can be a great way to help them relax a little from the pressures of work while showing them you care about their relationship with your company.

Fun business party at the office

To help you set up the best event possible, here are three tips for throwing a business party your employees will love.

Two Ingredients for A Memorable Event

While it can take a lot to have your business party come together, Liz Taylor, a professional party planner and organizer, tells Hester Lacey of Forbes.com…

Continue reading →

5 Ways to Run a Secure Business

Running any kind of business involves a lot of risk. From the daunting prospect of your company going bust due to financial problems to health and safety hazards that may exist, it is important you minimise all such possibilities occurring.

Business security and safety

There are many different areas to consider when aiming to successfully run a safe and secure business. Make a note of the following five points and ensure they are being implemented within your company.

Safe Recruitment

Effective recruitment is important for every business, whatever industry it may be in. Using a specialist recruitment consultant for your sector can be a good way to pick out the best people for any positions you have open, and it can also provide the added bonus of ensuring they are all safe to employ.…

Continue reading →

Improving Customer Service within a Small Business

In the cut-throat world of small businesses and start-ups, it’s often customer service that will differentiate you from your competitors. It’s rare that you’ll have a product offering completely unlike other businesses in your space, so those relationships that you make really have to count if you’re to retain and win business.

Customer support staff

The following are some practical tips that you can follow to improve your small business’ customer service.

Bricks-and-Mortar

If you’re lucky enough to come face to face with your customers on a daily basis (or your employees do) then you’ll find this challenge much easier than everyone else, for the simple fact that you’ve got an extra opportunity to impress.…

Continue reading →

The Introduction to A/B testing

How can we know that our website is easy to use? Is it convenient enough for visitors? What attracts them more?

There is a good tool which helps to find out the answer to these questions and you probably know it. Yes, I’m talking about A/B testing.

A-B testing

So, what is A/B testing?

A/B Testing (also known as Split Testing) is a website optimization technique that involves sending half your users to one version of a page, and the other half to another version, and watching the web analytics to see which one is more effective in getting them to do what you want them to do (for example, sign up for a user account)

Simply put, it’s just a way to figure out how you can get your website visitors to click that shiny red button instead of yesterday’s green one.…

Continue reading →

How Damp Meters And Moisture Meter Can Save You And Your Property Thousands

As anyone that has ever suffered from damp in their own property, or maybe a property they own, knows that if you do not catch the damp and sort the issue before it becomes a major problem, the end result can be a very costly repair effort, taking much time and money to truly fix and prevent the damp from occurring again.

Damp meter

Many people believe that damp and moisture is only ever found in older homes, but this could not be further from the truth, because water will always find a way to get into your property if it can, whether you own a 4 bedroom new build in the city or a 100 year old cottage in the country.…

Continue reading →

3 Ways Technology Can Improve your Online Customer Service

Customer service plays a huge role in the satisfaction and return of your customers. However, many online companies have forgotten that having good customer service for an online business is just as important as for a brick and mortar business—maybe even more so. And because many other companies understand this, there are a plenty of different technologies available to help you improve your customer services as well as your overall relationship with your customers or clients.

Caring customer service

To show you how, here are three types of technologies you can use to improve your customer service with online visitors.

Finding Weaknesses with Analytics

Before you can know how to improve, you first need to know where you should be improving.…

Continue reading →

How to Get the Most out of your Training Courses

What result signifies the success of a professional training course? Is it gifting of key skills to professionals and businesses? Is it the effective communication of key learnings? Is it an improvement in business operations and profitability as a result of the new skills and knowledge acquired? Or is it the commercial success of the course? The simple truth is that all of these outcomes are required for a training course to be considered a success.

Training course marketing

But in order to achieve the ultimate goal of commercial success, you need to create courses that address specific needs in your industry – and then promote them effectively.…

Continue reading →

Understanding the Basics of Acquisitions

An acquisition is a financial term that describes what happens when an organization develops its competences and resources by taking over a different company. There are many different types of acquisition strategies. More information about the various strategies can be obtained through General Equity – Acquisitions.

Acquisition agreement

Some of the popular strategies include single purpose documents and standalone acquisitions, as well as multi-purpose documents, which are more comprehensive. Regardless of the chosen strategy, the goal of an acquisition strategy is always to minimize the cost and time used to obtain a specific, validated need and this is achieved through sound business practices and common sense.…

Continue reading →

How NOT to Ruin a Corporate Event With your Music Choices

Getting the music wrong at your corporate event is not what you, as the organiser, want to be remembered for. There are many pitfalls and obstacles to consider but by taking three key areas of consideration at the basis for your decision, you can avoid even a slight disaster.

Screaming and angry rocker at corporate event

Think about the guests

Before you do anything else it is important to think about who is coming to your event. That way you know whether the music your choice has to be appropriate to your corporate identity, or instead reflect the type of event and its attendees.

If you’re launching a product or out to impress new clients, make sure the band suits the brand.…

Continue reading →