September 29, 2022
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Starting a business can often be a worrisome decision, especially if you have never done it before. It is so easy to spend months, or even years, researching best practices to avoid potential pitfalls. But procrastination can also be just as big a hindrance to becoming an entrepreneur, especially if all your friends and family will be watching and you do not want to be viewed as a failure.
The year’s start is the perfect time to turn a new page, which is probably why so many people make New Year’s resolutions. It feels like a fresh start, and a great opportunity to change bad habits and establish new routines that will help spiritual, emotional, physical and intellectual growth.
Today’s business environment is incredibly competitive, and superb customer service is required if you wish your company to succeed.
Have you ever been terminated? Have you ever had to terminate anyone?
Can businesses be successful during a recession? It may depend on what industry a company is in as, undeniably, there are some sectors which are more likely to make it out relatively unscathed. With a possible recession on our doorstep, is this a good time to panic, sell all our stock investments and start hoarding cash?
Starting a small business can be extremely rewarding. You are your own boss. You find your own clients, and set your own hours and rates. Sounds easy, right? Sometimes the odds are stacked against you, with a surprisingly high small business failure rate. According to a research company, 20 percent of small businesses fail in their first year, with this figure rising to a stunning 70 percent failure rate by year ten.
Training and development in the workplace presents a prime opportunity to expand the knowledge base of all employees. However, many employers find this expensive, and view it as staff missing out on work time while attending training sessions, which may delay the completion of projects.