Business Management Articles For Entrepreneurs & Small Business Owners

How To Run Family Businesses

Working with family may be a necessary move for most small businesses.  It could also be very challenging especially when non-family employees resent their favored status.  How then should you deal with family members in a business?  The Globe and Mail quotes Peter Jaskiewicz, who teaches a course on advising family enterprise at the University [...]

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4 Tips to Running a Productive Workforce

In today’s growing economy, more and more businesses are opening every day that employ millions of Americans. With the unemployment rate slowly decreasing, more and more people are starting to get jobs. So how can you tell if the people you hire are going to be a good fit for the company and are going [...]

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Today’s Managers May Not Know How To Manage

Many managers look at themselves through rose-colored glasses. They believe they’re good managers but, unfortunately, the majority of people they manage don’t agree. A survey conducted by the Chartered Institute of Personnel and Development, Europe’s largest network of HR professionals, revealed that 80 per cent of managers in the UK believe that their employees are [...]

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Become You in Business

We all go through it, spending all nighters on the computer and basically shutting down all life around us whilst chasing our business dreams. What makes it even harder is that usually a successful business is not the only thing driving you. It could be a financial situation, family or whatever else that is responsible [...]

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3 Big Mistakes Made By Entrepreneurs

Victor Green, a successful entrepreneur who has founded several successful businesses, names some mistakes made by entrepreneurs that cause the failure of their businesses.  In an Inc.com article, he says one of the biggest mistakes of business owners is their failure to test their product or service in the actual marketplace. Green says, “And once [...]

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Equipment You’ll Need For Your EPOS System

Depending on your industry and requirements you will need certain equipment to accompany your EPOS software. In addition to a cash drawer, computer and monitor which are required by nearly all EPOS system users, there are a number of other additional pieces of equipment that can be used to make your system even more efficient. [...]

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How To Make More Money By Making Your Employees Happy

How can a manager sustain his/her employees’ enthusiasm towards their work?  Noelle C. Nelson, author of Make More Money By Making Your Employees Happy, has some answers that she shared with FastCompany.com.  She noted that most employees lose their eagerness and work enthusiasm after the first few months.  She advises managers to value their employees [...]

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Are You An Effective Manager?

CBSNews.com lists some attributes of effective managers.  Good managers have open communication lines with their employees.  They understand the needs of their employees.  They create a working environment where the employees can develop their work skills.  They encourage and guide their employees to do great work.  They give credit to the accomplishments of their staff.  [...]

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10 Tips to Succeed in the Business You Love

Starting a business is a daunting task. Without the passion for the business and its products or services, you may feel overwhelmed by the challenges you face day in and out. To increase your chances of success, you have to love what you do. Choose to work with talented people who help you develop and [...]

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5 Steps for Effective Document Control

Document control has become one of the most efficient ways for businesses to manage their various documents, from policies through to internal memos, contracts, proposals and other vital documentation. As an online system, the need for traditional filing cabinets becomes obsolete with a wide range of useful features to archive, create versions, edits and delete [...]

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Using Social Networking Sites in the Hiring Process

Social media websites can offer substantial opportunities for employers who are searching for information about prospective employees. However, these social networking sites also create serious challenges if employers want to use them for employee screening purposes and background checks. For some businesses, searching for the names of potential employees on popular social networking sites such [...]

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Doing Business As … Does Your Business Need a DBA?

The DBA (Doing Business As) protects consumers from unscrupulous business owners.  A sole proprietorship, general partnership, corporation or LLC (limited liability company) may file a DBA.  Nellie Akalp at SmallBizTrends.com discussed the salient points of the DBA – who needs to file, why it should be filed, and when to file it.  Requirements for filing [...]

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Basic Sales Principles for Entrepreneurs / Business Owners

Garry Duncan, in an article that appeared at Businessjournals.com, enumerated a few key principles for sales people.  Among the roles of a business owner is being the company’s top sales person – the rainmaker.  It is not enough that you, as an entrepreneur, know everything about your products or services.  You should be able to [...]

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Empowering Your Staff as an Entrepreneur: 3 Steps to Success

While the current economic climate hardly lends itself to commercial growth and prosperity, the practice of entrepreneurship continues to remain a viable option for many. As concepts such as outsourcing, social media marketing and networking have driven down the cost of business start ups throughout the world, it has become far easier for entrepreneurs to [...]

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Accountable? Yes, But to Whom?

Healthcare, or rather its costs, is an ongoing and hotly debated topic likely to dominate much of this season’s Presidential debates.  And, it is an important concern as Medicare’s bank account becomes increasingly strained under rising healthcare costs coupled with an aging population. Washington’s latest answer to solve this burgeoning spending crisis:   Accountable Care Organizations [...]

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When Should You Raise Rates?

As your business grows, your time becomes increasingly valuable. The rates you set a few years ago for your products or services may have been appropriate at that time, but chances are your expenses have increased since then. It’s quite common for businesses– whether a freelance individual or a large corporation- to be so busy [...]

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3 Essential Productivity Tips for Teams

Managing an effective, productive team is not only rewarding but profitable. Keeping your team synched and focused means projects are accomplished quickly, on schedule and on budget. Often, with the right collaboration tools and organization, teams can even come in under budget. How can your team be more productive? There are many schools of thought [...]

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Cutting Down Your Carbon Emissions With ISO 14001

Businesses throughout the world are becoming more and more aware of their impact on the environment. From factories to warehouses, retail facilities to offices, all types of companies are looking to reduce their carbon emissions and save money. Even if you’re a climate change sceptic, you have to admit that saving money in your business [...]

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Four Keys to Building a Profitable Business

The American system of business management has been admired and emulated around the world. It is, characteristically, reflective of two traits in the American psyche: (1) enthusiasm for the future and making things better, and (2) an openness and willingness to change in order to achieve that end. No society in the world is better [...]

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Pro-Active Techniques for Getting Referrals

SUMMARY: The typical business loses as much as 20% of its customers every year because of errors, changes in customer’s buying influence or personnel, customers moving or going out of business,  customers that are acquired and lose local purchasing authority or customers whose need becomes obsolescent. Prospecting new accounts is crucial to the survival and [...]

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