Business Management Articles For Entrepreneurs & Small Business Owners

The Art, Science of Managing the Virtual Team

Balancing Time, Focus – Today, team members come from inside and outside the company and may be working in the same town or across the globe. They come together for a specific project and set of goals. For the project to succeed, the project/program manager has to clear the path for the team members, keep [...]

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Leadership and Management: What’s the Difference?

Precisely among most frequently rehashed topic for debate and discussion in the field of business are the concepts behind being a leader and a manager. Taken from their exact terms, leaders are meant to lead people, while a manager is expected to manage tasks. More often than not, however, the two ideas are misrepresented and [...]

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3 Work-life Balance Tips For Small Business Owners

As a small business owner, you understandably want to put forth all of your effort into making your business venture a success. After all, you may have your personal financial resources at stake in your company as well as your professional reputation. Your family’s livelihood and financial well-being coupled with your ability to plan for [...]

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Top 10 Lessons Business Owners Learn After College

Learning is an integral part of human existence and going to school embodies the formality of it all. We aim for higher education to enrich our knowledge faculties and complete this educational phase with flying colors. Little do we know the real world out there is about to give us bigger and brighter lessons that [...]

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Success is All about Managing Failure

It was tough making this year’s annual company picnics – back-to-back meetings, a redeye back to make one picnic and an early morning flight to make our next location’s picnic. Attending our company picnics has always been important to me because it gives me a chance to both recognize and encourage teamwork. Perhaps most important, [...]

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Top Franchisors Share Tips On Expanding Your Business

Many individuals who breathe and live entrepreneurship have faced, in one way or another, the enormous challenge of worrying about their lack of experience or resources. With majority of businesses reportedly failing in the first five years, many entrepreneurs are becoming too picky about the industry they intend to become part of. Without the right [...]

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4 Ways To Rehire Employees Who Have Left Your Business

Welcoming new workers who aren’t exactly new – those have left the company and have come back – is increasingly becoming a more common phenomenon in businesses. Entrepreneurs are seeing the value of getting boomerang employees back on board, particularly those who have spent a considerable time and earned significant experience working in the company. [...]

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Business Owners: 5 Tech Tools To Manage Your Business On Vacation

Taking time off is one of the most important ways for any business owner to recover lost energy and relax from work pressure. In fact, vacationing is recommended for hardworking entrepreneurs for a chance to take a much-needed break and recharge. Taking a short or lengthy retreat from your business – depending on your need [...]

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Smart Strategies to Select a Successor for Your Family Business

Admit it or not, family-run businesses constitute the majority of the enterprise pie. Most of these businesses start small and has expanded dramatically over the years. Now the problem is, the heads of the companies, be it the patriarch or similar to that does not live forever. Sooner or later, they are bound to choose [...]

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Perfecting, Promoting the Company of One

“We work as hard in here every day as we did when we were trying to get a job, we’ll be alright. What’s the worst thing they can do…” – Bobby Walker, “The Company Man,” Weinstein Co., 2010 There has been a lot of discussion – pro and con – on whether employees are more [...]

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Your Company in 2013: Think and Act Innovation

In the Chinese calendar, 2013 is the Year of the Snake. Snakes are notoriously intuitive. At most times, along with intuition is innovation. There is nothing wrong with that. Not that everyone should follow the Chinese zodiac, but this year should be the year when innovation plays a pivotal role in your company. This should [...]

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5 Online Tools that Boost Corporate Productivity

If you’re running a small business or are a freelancer working from home to provide for your family, staying productive is an absolute must at all times. However, it can become difficult to feel productive day-in and day-out. Not because we’re incapable, and certainly not because of a lack of effort. Sometimes, staying productive at [...]

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How To Manage Your Contacts & Customers

Most of us need, at some time or another, to group our contacts according to type. Most often, this is because we need to know who is to be included in something; maybe a list of people attending a proposed event, or a list of everyone who has signed up for a newsletter. HOW to [...]

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5 Things about Best Practices that Every Entrepreneur Should Know

Your business idea and even your business model are only part of what it takes to get a company off the ground. Many a great idea has failed to take off, or the business build around that idea failed, because an entrepreneur didn’t develop the best practices that build efficiency and help a company to [...]

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Get Your Business Ready for 2013: Tackle These Vital Business Areas

Are you sure that you have covered your tracks? Is your business ready for this year? Are you sure that with your current plan, your company will grow? It is a great time to contemplate and think about your future plans. These plans should be congruent with your company and how they can improve operations for the year. [...]

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How Lean Six Sigma Can Improve The Success Of M&As? Beyond The Financials

Did your last merger or acquisition (M&A) result in something less than what you had hoped or expected?  The financial statements and business valuations do not reveal every opportunity and potential problems that you will be faced with when you conduct your merger or acquisition.  In fact 70 percent of mergers fails to achieve its [...]

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Effective Project Management with the Help of Document Control

The ability to multi-task is one of many skills that women entrepreneurs take full pride in for day to day business operations. A typical day includes anything and everything from planning a project strategy to dealing with customers, drafting contracts, seeking suppliers, negotiating new deals, and more often than not, keeping things organised on the [...]

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Audio Visual Technology In Business Leads To Faster Learning

Audio visual technology (AV) has been on the market for decades, however the snowballing emergence of new digital technologies means that it is becoming increasingly important for businesses to utilise AV in order to thrive in the modern market.  AV technology helps businesses in many ways from improved communication and training, to saving costs. AV [...]

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How to Avoid Employee Lawsuits? Tips for Small Businesses

“Employers being sued” is the bottom of the stories at the time. Workplace disputes are rising dramatically around the globe. There is no single region which we can ignore while studying about the employee lawsuits and legal compliance. However, there are managers that never had the bitter chance of experiencing such cases. Their employees never [...]

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Why Family Businesses Fail

Many small businesses are family-owned or –controlled.  Nevertheless, most family businesses struggle and about only a quarter survive.  The Globe and Mail lists why most family businesses fail.  Writer Leah Golob decries the lack of professionals – lawyers, accountants, financial planners, etc. – who have thorough understanding of the intricacies of family businesses.  These usually [...]

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