Take charge of your team's performance by working with the group to establish annual performance objectives. By mapping out specific goals to achieve over the course of a year, you...
Interpersonal skills are extremely important for managers dealing with a wide variety of personalities. All of your employees will be different—each will have his or her own way of thinking...
Patience is a virtue that every leader should embrace. Panic is the enemy of efficient problem-solving and can be detrimental to the productivity of your workforce. As a small business...
Unplanned change is a business reality. Behaving constructively and calmly in these situations of surprise and unexpected change is a leadership essential, and can sometimes mean experimenting with something you...
Consumers have more options than ever when shopping online. Retailers must continue to adapt to offer options that will satisfy customer demands, and keep them coming back for return orders....
Branding is one of the most important tasks for a business, yet it can be one of the most challenging. Building a brand, conveying the brand to the public, and...
According to a survey conducted by eBillme and Market Platform Dynamics, 64% of small businesses shop and bank online. Convenience and the ability to compare prices make online shopping an...
A small business owner recently asked me: "How will I know when it's time to open a new location to grow my business?" As a coach, I find it helpful...
Insatiable curiosity is a key to great leadership. In contrast, the leader or business owner who presents himself as the perpetual expert shuts people up, and shuts them down. Curiosity...
[As a small business owner, it is important to be aware of laws that require you to implement safeguards for protecting your customers' information, including proper due diligence when destroying...
If you want to safeguard your company from identity theft, know your employees. Make sure they are who they say they are. At a minimum this requires that you check...
Workers' compensation benefits provide coverage for medical expenses as well as reimbursement for lost wages when employees are injured on the job. Workers' compensation coverage includes two types of protection:...
Once you've decided your business needs funding, investors will need to carry out due diligence before finalizing their investments. Though all investors have their own particular considerations when deciding whether...
On average, small businesses pay 75% to 100% of the total insurance cost for their employees and 0% to 50% of the cost for an employee's dependents. You can ask...
Businesses can become victims of financial and non-financial types of identity theft. One of the most well-known business and corporate identity theft schemes is standard electronic data breaks, or hacking,...
While people usually think of identity theft in terms of individuals, a new and disturbing trend is on the rise with exponentially increased potential for damage—the theft of business identities,...
Some inventors come to me and say, "I have this idea. It's the only one of its kind. It's brand new. No one has ever thought of it! In fact,...
So you've made the big decision to look for an investor to hold a stake in your company. The timing is perfect—you don't need the capital just yet, but as...
Interns can be valuable resources for all employers. Don't think that aspiring college and graduate students flock only to large employers when they're looking for experience. If you have a...
If you want to ensure that the best financiers are interested in investing in your small business, you need to take charge of the process and make sure you're investment-ready....
Measuring the effectiveness of any promotional or advertising campaign has always been a challenge for small businesses. Knowing the money invested in an advertising campaign is delivering solid ROI (return...
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.
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