Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
+1 212 318 2000
Europe, Middle East, & Africa
+44 20 7330 7500
+65 6212 1000
Value your employees and understand that just because your company is small doesn’t mean you have to operate that way. A key to getting a small business to work is to keep the wonderful employees you have—and doing that often means being flexible with them.
Just because you may not have the manpower of larger companies doesn’t mean you should work your employees to the bone. Give your employees the flexibility and appreciation they need and you’ll reap the benefits; they’ll work harder (and possibly longer) because they want to and not because they have to. I’ve made arrangements with many of my employees who wanted adjusted hours because of family obligations, and I’ve noticed that they’re more willing to compromise when needed because I have.
Yakum, Israel (with offices in New York and Boston)
Want to improve the way you run your business? Entrepreneurs, academics, and consultants from diverse industries offer practical advice on a variety of topics each business day.
To submit a tip for consideration, first check our archive of previous tips to make sure you're not repeating a tip someone has already contributed. Then send the tip to Small Business channel contributor Michelle Dammon Loyalka. Because of the volume of material she receives, she may not respond to each individual.