Management 19
Small Business Advice – Pick of the Week February 6th, 2021
This week’s top stories include small business advice covering the following four topics:
- Why Most Entrepreneurs Aren't Delegating Effectively
- Inmates are learning to be their own bosses after they leave jail behind
- The ultimate side hustle guide for 2021
- 25 Awesome Customer Service Tips You Must Employ in 2021
Each week we scour all the top business-related magazines and newspapers for articles with the best advice for the small business owner, so you do not have to.
What Is the Value of Real-World Business Experience as an Entrepreneur?
To Prosper in Business, You Need A Foundation of Solid Kenntnis Knowledge Through Firsthand Real-World Business Experiences Before You Dive in And Start Your Business.
The Anatomy of a Business Owner
Inside every small business owner, there are 3 personas, each competing for time as the leader. The three personas are the technical person (work-focused), the President (inwardly-focused), and the Chief Executive Officer or CEO (outwardly focused). To succeed, a business must possess all three personas.
How to Improve Employee Retention with Maslow’s Hierarchy
Abraham Maslow theorized that people are motivated by five types of needs. How an employer meets these needs changes with each level and contributes toward employee job satisfaction resulting in lower turnover and higher employee retention.
How to Calculate the Cost of Employee Turnover
Do you know what it costs when you make a bad hire? Do you know what it costs if one of your star employees leaves you to work for a competitor?
How to Become an Employer of Choice and Why You Need to
For companies that have to compete for skilled talent, the world is getting harder every day. This is based not only on economic expansion but also on the demographics of the workforce.
What is the Difference Between Leadership and Management in Small Business?
Leadership and management are both essential elements of business success. Leadership is closely aligned with the role of a CEO and Management to the role of the President. Even though there is a difference between leadership and management most people use them interchangeably which is incorrect.
How To Create Your Corporate Management Structure
Corporations are legal entities that have stockholders and require a rather specific corporate structure to be compliant. The structure can be thought of like a pyramid with shareholders at the bottom, the board of directors in the middle, and officers at the top.
Your Old School Management Practices Are Dooming You To Failure?
There is a mismatch between what science knows about motivation and what the business does. Many businesses continue to use techniques designed for the industrial era workers that no longer work.
Are Your Employees Free-Agents?
My 89-year-old mother lives in an independent living facility that has several businesses connected to them. They have a bank, a maid service, and even a beauty parlor as my mom calls it. During a recent visit, my mom was telling me about how her hairdresser was let go because she was in such high […]
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