While it may seem simple, joining forces with a like-minded entrepreneur to form a business partnership doesn’t come without risks.
Business owners can boost employee morale by making an effort to communicate their requests politely and maintaining a positive attitude. When delivering bad news, such as layoffs or pay cuts, address the issue plainly instead of talking around the issues, advises Karen Friedman, the author of “Shut Up and Say Something: Business Communication Strategies to […]
Entrepreneurs who are getting ready to start a corporation, will be faced with the task of balancing short- and long-term goals, which can leave business leaders feeling overwhelmed. In an article for Forbes magazine, contributor Kate Beatty offers advice for how business owners can become strategic leaders. Entrepreneurs need to know how to position a […]
Entrepreneurs looking to get more out of their employee’s may want to consider productivity-based incentives, writes Ken Sweet, executive director at GPS, a management consulting firm. Economic instability has left employers in difficult situations when it comes to improving employee compensation. Sweet states that productivity-based incentives will spark employee activity and create initiative to drive […]
For entrepreneurs who form an LLC, it can be difficult to step away from the work they are attached to and review their leadership methods. Toddi Gutner addresses five common leadership mistakes and how they can be fixed in an article for Entrepreneur magazine. In order to have time to create a strategic business plan, leaders […]