There’s something about starting a new year that is invigorating. You have a clean canvass upon which to create a masterpiece. But if you remain mired in your old ways of thinking, instead of a masterpiece you may wind up with a boring copy of years past.
Business owners wear multiple hats. We do everything from collecting the cash to taking out the trash. But as your business grows and you begin adding team members, your job function evolves. For employees, you understand the importance of writing job descriptions — or at least you should. Have you ever thought about writing one for yourself?
Doing business on a handshake sounds nice, but it’s not smart business. No matter how well you think you know someone, or how much you feel as though you can trust them, when it comes to business, ALWAYS, ALWAYS get it in writing. Without a written document clearly defining responsibilities and expectations it’s simply your word against their word when something goes wrong.
Most small business owners and entrepreneurs would agree that the need to add employees is a great sign that business is booming! Hiring the wrong person, however, can not only stunt growth, but significantly sting your bottom line.
Weeding out the wrong candidates to hire the right one is one of the most important decisions any business owner will make. There are three major factors that you should focus on when interviewing a potential new hire.
The cold and flu season takes its toll on America’s businesses. According to the Centers for Disease Control, the flu alone costs U.S. companies $10.4 billion in direct costs — which includes hospitalization and other medical expenses. In addition, illnesses that spread throughout the work environment cause 22 million sick days which cost businesses significantly in terms of lost productivity. Healthy Work Place Project estimates a 25 employee company loses $33,000 every year to lost productivity and having to hire temporary workers to replace those who are because of illness.