Monthly Archives: May 2022

This article explains how hiring family members can have their strengths and weaknesses. It is much easier to hire a family member rather than a stranger because each person can usually be reliable and dependent on the other. However, in order to keep a happy family, there are several guidelines that can keep the business running smoothly. Firstly, it is essential to develop clear job descriptions in order for each member to know exactly what their tasks are. Next, keeping the family schedule in order is necessary because families often have crazy schedules, so be sure to make working hours clear and even on paper. The article also recommends agreeing on pay, putting everything in writing so that it is clear, discussing where you're going to work (if working away from home), having an agreed-upon decision-making process, figuring out how to give feedback, and finally keeping family dynamics out of the workplace. To find out more information on how to improve your family business, click the link!

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This article discusses how running a small business can be a difficult task, especially when managing your most important asset, the employees. However, by following tips such as upgrading your onboarding checklist software, rewarding employees for their experience, running effective remote meetings, and inspiring through positivity, this task can be made easier. Every small business needs great employees in order to thrive, and this article outlines different strategies you can try. Be sure to check out this link for the full list and more details!

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This article discusses how many start-up businesses eventually fail, but by utilizing the eight strategies outlined in this link, you will give your start-up business the best chance possible at succeeding and even flourishing. For example, spending the necessary time developing a marketing strategy is essential to engaging your target audience. Additionally, strategies such as partnerships and employee engagement are also essential in any successful start-up business. Be sure to check out this link for more information and the full list of strategies!

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In this article, a survey was conducted by Oracle NetSuite to get insights from numerous executives about the importance of each role and their communications skills. The survey “polled small and midsize company leadership in four categories: CFOs, nonfinance executives (other members of the C-suite), finance managers, and nonfinance managers.” The survey showed that the finance chiefs' proficiency in understanding the business was marked at a 72 on a 0-100 scale. However, CFOs believe their communication skills are better than other executives think. “Their rating on the 0-to-100 scale for communicating with employees and stakeholders was 73; other executives gave finance leaders a rating of 59.” The survey also found that CFOs are more interested in cutting costs to mitigate inflation than those in other roles are. To learn more about the results of the survey, click the link!

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