Contracts form the lifeblood of any enterprise, and they’re often a company’s single greatest economic asset. Yet, according to the International Association for Contract & Commercial Management (IACCM), poor contract management is costing companies an average of 9 percent of their annual revenues.
Many small business owners sometimes get into a sales routine that then becomes a "rut." Usually the real problem is that they are feeling isolated, like no one else can help them with their challenges. But this is not true! Here are 4 tips to get re-energized for business success.
Small business owners work tirelessly year-round and may only get a short reprieve during or after the holiday season. But coming back from that brief break can be difficult after the hustle and bustle of the holiday season. Try one or more of these five ways to feel rejuvenated for the new year.
When executed effectively, strong communication can increase productivity, mitigate pitfalls and resolve issues in the workplace. When executed inefficiently, it can lead to lost revenue, employee conflict and a hostile work environment.
If you see any of these five signs in your company, it’s likely that you have run out of steam (or are on the verge of doing so) and it’s time to make some changes.
Often what makes an event a “success” are the softer issues or how participants “feel” after the event.
A coworking or shared office space may be the ideal next step for a small business that needs to get out of the home office, but isn’t ready for a long-term lease in a commercial office space.