Employee retention is serious business because hiring new employees is time consuming, expensive, and disruptive to team efficiency. This is why it’s so important to keep the top talent at your company happy! If you’re looking for the best ways to reduce employee turnover, here are the most important things to eliminate:
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There are a lot of people out there who are chomping at the bit to start their own business, which is great if you already have a fabulous business idea that you’re just waiting to launch. However, there are plenty of people who know that they want to be self-employed but don’t yet know what that will look like.
Finding the right business idea can be the most difficult part of becoming an entrepreneur. Basically, you have five options. You can:
So where can you find ideas for products/services to sell? If this is a question that you’re struggling with, these are the most effective places to find great ideas: I recently started tracking my own time to get a better sense of how my day was divided between client work and internal LionShark activities. I signed up for a free Toggl account and just began stopwatching my day as I moved from one project to another. It’s given me a better idea of how our services pricing strategy is working and where I can improve my own efforts. Needless to say, it’s been really interesting looking at the data!
I would definitely recommend this as an exercise for any sole proprietor or freelancer because the results might surprise you as well. But then it also got me thinking about whether or not time tracking is a good idea for employees of larger companies. From what I’ve seen, these are the pros and cons of time tracking: Tradeshow season is here, which means it’s the season for rampant promotional giveaways! If you’ve ever been to a tradeshow floor you know that there’s a big difference between the companies that put a lot of thought and consideration into their swag and the companies that just get any old thing printed with their logo and call it a day. From a business perspective, you want to make sure that the money you spend on promotional items is a marketing investment and not just a budget waster.
To get the most out of your swag, follow these 4 helpful tips! When companies release products or exclusive service offerings it’s incredibly important to get early adopters on board. Early adopters are integral to a successful launch strategy because they’re usually the people at the forefront of their industries and the ones that are most likely to become brand advocates if they like what you have to offer. So how can you reach this all-important audience?
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