Category: Business Education

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Business Education

Small Business Owners Who are Still Skeptical of Remote Work Should Know These Stats

Remote work has certainly become more common these days, particularly post-shutdown. It’s allowed companies to reduce some of their costs, while offering increased flexibility to employees. But it definitely has its downsides. For instance, limited face-to-face camaraderie and mismatched employee output in relation to workload. So, it’s no wonder that some small business owners remain skeptical of adopting such a model. However, it’s important that entrepreneurs understand what they’re missing out on and why.

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Business Education

Yes, Loyal Customers Will Lie to Protect Your Feelings

Small business owners often operate under a set of assumptions. For the most part, these beliefs are typically correct, but not always. Even when something seems positive, it might well be obscuring a negative. What makes this particularly disturbing is the fact that the concealment can easily go unnoticed until it’s too late. For instance, repeat customers. Although the relationship may appear strong, there just might be a few things stewing under the surface that those loyal customers simply don’t share. So, how do you get that information without being overbearing? Well, there are subtle ways to obtain important intel.

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Business Education

5 Ways Public Awards Quietly Damage Your Small Business

Everyone enjoys recognition, especially when it’s given publicly. And even more so when it contains a monetary reward. So, it’s only natural that entrepreneurs think these are great ways to show their appreciation. Although this works at the surface level, it can actually do more harm than good. Wait? What? That doesn’t make sense! Well, it does when you look deeper.

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Business Education

The Quiet Work That Builds the Strongest Customer Relationships

There’s a Confucius saying that goes, “The man who moves a mountain begins by carrying away small stones.” It’s an interesting observation. And, it demonstrates just how important unglamorous, day-to-day operations truly are. We often think about success as a celebration, as big achievements, as huge leaps and bounds toward a lofty goal. But it’s actually built on small steps, done largely unnoticed, practically in silence.

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Business Education

New Research Shows Monitoring Employees Does More Harm than Good, and Small Business Owners Should Pay Attention

In theory, entrepreneurs need to know everything that’s going on in their businesses. From the smallest detail to the most obscure, to the nuances that make up daily operations. Sounds like a great idea, doesn’t it? After all, who wouldn’t want to know each detail? It’s their company, after all. But like the old cliche goes, be careful what you wish for. And now, there’s proof the devil is definitely in the details. Read on to learn why monitoring employees can inflict far more damage than the problems it ostensibly solves.

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Business Education

How Comfort Is Slowly Eroding Your Business’s Creativity and Quietly Killing Your Busines

High turnover is a self-evident sign that things aren’t going well for a business, regardless of its size. When people constantly come and go through a proverbial revolving door, it points to several problems. But what most business owners don’t consider to be a subtle warning is the opposite, and that’s a low turnover rate. The truth is, the former is obvious, while the latter silently damages a company from within. That’s right. Although most entrepreneurs think a low turnover rate is great, it can actually be doing extensive harm. Read on to learn why.

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Imagine Selling Your Business…

How Would Your Life Change?

You didn’t start your business just to stay busy—you built it to create freedom, security, and options for yourself and your family. Selling your business can be life-changing, but the real question is whether you’re intentionally building toward that outcome or simply leaving it to chance.

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