Government, Politics, and the Economy No Rebound Yet For Smallest Businesses Confidence among America’s smallest business owners fell to the lowest level since February, according to the latest Discover-Small Business Watch. BusinessWeek.comManagement and OperationsDisaster Protection: The Need for Small Business ContinuityBusinessKnowHow has reprinted the latest edition (Fall 2009) of Disaster Recovery Journal and the article “The Need for Small Business, Business Continuity” by Mark R. Lupo. BusinessKnowHow.com Management and Operations [Read Full Article]
Government, Politics, and the Economy
U.S. Stocks Extend Global Rally on Retail Sales, APEC Pledge U.S. stocks added to a global rally, sending the Standard & Poor’s 500 Index to a 13-month high, after retail sales increased more than forecast and Asian government leaders pledged to maintain economic stimulus spending. Bloomberg.comThe Economy6 Steps for Surviving the RecessionThe news today just is not very good. Every time we think we are on the upside of the downturn, we get thrown for another loop, hit with another tax, told it will be just a few more months before all this turns around. BusinessKnowHow.com... [Read Full Article]
Tips from October 9, 2009 The Small Business tips today discuss providing leadership.
Be in touch with reality and optimism. Know which situations you can/cannot control & how to lead in hard times.
Inspire your employees. Go over your company's motivation and mission. Encompass your vision for all employees.
Stay informed on current situations to plan ahead. Thinking ahead shows you are concerned about the future.
Be honest. Tell the truth, even in tough situations when it is hard to accept. Take control and face the problem head on.
Daily Overview: Be a great leader with honesty, integrity, respect, and knowledge. [Read Full Article]
Tips from October 8, 2009 The Small Business tips today discuss how to boost morale.
Do something good for your business and for a good cause! Run a charity race as a company; donate time and money. Help out!
Provide incentives for good work. They could be something simple as dressing casual to extravagant as trips, days off, or a raise.
Boost morale through team building strategies. Try a role reversal: switch employee and management roles for the day.
Company outings will get employee minds off work & encourage fun outside the office. http://bit.ly/Cxmal.
Daily Overview: Be helpful, encouraging, and creative to give morale the boost it needs. [Read Full Article]
Being a small business owner comes with a ton of responsibility. One of the most important things small business owners need to remember is the effect that emotions have on the business, and most importantly, your employees. As a small business owner, you are the role model, spokesperson, and face behind your business. You assume a leadership role as your employees and customers look up to you. As a leader, it is important to be emotionally stable and in control to manage your business and employees. Let's take a closer look.PositivityAs the leader and one in control, it is essential for small business owners to be positive. It communicates that you are ready to take on any challenge optimistically. Positivity also comes in the form of being inspirational. Tell your story and how you got to where you are today to motivate others to think positively as well. It is important to remember that employees' moods are just as important as the owners'. Employee positivity keep... [Read Full Article]
Tips from October 6, 2009 The Small Business tips today cover working towards a happy workplace.
Engage your employees. Reiterate your goals and have them working hard to get involved and participate.
Encourage productivity and offer rewards by giving hard workers breaks: they deserve it!
Ask for feedback. What keeps employees motivated? Engaged? Energized? Incorporate their suggestions
Make sure employees Say, Stay, Strive. Say good things; intend to Stay at your biz; Strive to give 100%.
Daily Overview: A good environment leads to happiness, which in turn will lead to productivity & satisfaction. [Read Full Article]
Tips from October 5, 2009 The Small Business tips today are about focusing on employee development.
Learn employee long term goals. Find their motivation and inspiration to help them learn and develop their biz skills.
Create a fun and productive environment to help employees reach their goals to develop. Encourage getting involved.
Set a good example. Show employees what you have accomplished and what it took to get there.
Set standards and goals. Present a schedule/timeline as a guide. Offer assistance and make yourself available for help.
Daily Overview: Help your employees develop their careers by providing motivating guidance. [Read Full Article]
Tips from September 24, 2009 The Small Business tips today discuss managing your finances and finding funding.
Research your area's development departments, including state, county, and local. They may offer a funding program.
Community banks are a good source to contact for funding. They are usually willing to help small businesses, like themselves, out.
Ask your bank if there are any revolving loan funds (RLF) you can qualify for. RLFs allot funding for periods when you cannot pay.
Visit the US Small Business Administration. Research their funding programs & see if you can qualify for one.
Daily Overview: Finding funding is no easy task. Do your research & don't be afraid to ask for help when you need it. [Read Full Article]