Remote work offers a number of benefits for both you and your team. Without a physical office, startup costs and overhead are significantly lowered. But running a remote workforce also comes with its own unique challenges. This is especially true when it comes to managing your team and keeping them engaged and motivated. With this in mind, adopt these three strategies to engage better and manage your remote workforce.
Businesses are now reopening despite the uncertainty brought by the COVID-19 pandemic. As a business owner, one of the most important factors to include in your reopening strategy will be the customer and employee confidence. You're now in a critical role in managing new and unprecedented concerns - finding ways to allow your business to function without compromising the health of your employees and customers. These important objectives can help you navigate your business in the new normal.
Creating a culture in your small business where employees are valued and appreciated is the best thing to attract stellar talents. It is important to cultivate a work-life balance in this era when go go go is a norm to retain these talented candidates who value the same balance. Read here to know some of the strategies your small business can use to attract excellent employees, even in a tight job market.
Taking a break from your business will not only help your business and employees, it will also help you mentally, physically, and/or spiritually. While it can be hard to leave your business that requires your daily attention, taking a break will benefit it in many ways. A retreat will help your employees gain great learning opportunities and helping you discover business ideas as well as connect with other entrepreneurs.
You might think your corporation and limited liability company (LLC) will protect your personal assets, that may not be the case if you aren’t careful in the way you’re running your business or handling finances. There are several circumstances that can lead you to be personally liable for corporate or LLC debt. Here are some things to consider if are thinking of incorporating or already own a corporation or LLC.
One of the commonly made mistake for most new business owners is not having a solid legal foundation. To make sure your startup is protected, you must have a set of key legal agreements in place. These agreements will help you and your company stay strong through unforeseen situations and circumstances. Read what those 4 core legal documents are.
If you want your company to succeed, you will first need to make sure your employees are happy and healthy. By offering your employees simple benefits such as access to gym and healthier eating options, their productivity will increase significantly. As you do your best to make sure your employees are doing well, your employees in return will make sure they are doing their best for the company. Here are some ways to motivate your employees.