Giving an Employee Bonus: What You Need to Know
As the year draws to an end, you may find yourself wanting to show your appreciation by offering an employee bonus. If it’s a fit for your company culture and budget, it’s a great thing. But it also made us curious about who gives employee bonuses and why? General Trends for the Employee Bonus Accounting…
Read MoreHow to Collect Online Reviews by SMS
Bad online reviews can harm your reputation and harm your SEO. Search for any local service and you will likely see plenty of reviews that accompany each business listing. Reviews are fast becoming one of the most critical factors for local businesses marketing online. Not only do consumers read online reviews before making a decision…
Read MoreTop Entrepreneurial Industries
Entrepreneurs are typically the vanguard of change. They develop innovative products and services, create new ways of getting things done, and lead the post-industrial economy into previously unexplored territory. As entrepreneurs engage in evolving industries, they inevitably bring with them ideas, capital and other resources that generate momentum. The financial risks may be huge. But…
Read MoreIs Your Brilliant Idea a Viable Business? 6 Ways to Find Out
Every great business started out as a great business idea. Maybe you have a thought or two about the kind of company you’d like to start but you’re not sure if your idea has the strength to go from concept to reality. Read on as we take a look at the steps any budding entrepreneur…
Read MoreAvoid These Common Pitfalls When Making Bonus and Raise Decisions
As year-end rituals of handing out raises and bonuses near, it is important to know that it also is a time when you are framing the ethos of your business and anchoring your employees to it. Of course, individuals are interested in how they are performing. But, their perceptions of how they are treated in…
Read MoreCovenant to Non-Compete: What Are the Rules?
As a general rule of thumb, every franchisor will want to build a non-compete into their Franchise Disclosure Document (FDD). Once you give a franchisee the complete playbook to running and operating your successful business model, you don’t want them to turn around and start running their own offshoot. Which is where the non-compete comes…
Read More5 Ways to Turn Indifferent Customers into Raving Fans
Providing good customer service just isn’t enough anymore, not with companies the world over clamoring for the dwindling dollars consumers spend. And heaven forbid your customer service should be classified average! That could, literally, be the death of a company if it’s not turned around quickly. Encourage your team to take customer service from bland and…
Read MoreThe Future of Work and Automation Will Kick-Start Jobs
It’s a question that’s been asked for well over 50 years: Are robots coming for your jobs? The thing is, the pundits declaring that automation is a job killer are missing an important point. The world needs more buildings, infrastructure, and products than it has people, money, or materials to make them. If you look at infrastructure…
Read MoreHow to Make Big Money in a Small Town
When we imagine big businesses, we tend to imagine tall offices in impressive buildings at the center of some of the world’s most powerful cities: London, New York, Seoul, Sydney, and — if it’s a tech company — San Francisco. The idea is that, in order to thrive, your business needs to be located where…
Read More21 Lead Magnet Ideas to Pull in Your Top Prospects
If you aren’t optimizing your lead magnets, consider yourself guilty of gross mismanagement! But before we toss out 20-plus lead magnet ideas for you to test out, let’s quickly define what we mean by the term “lead magnet.” A lead magnet is an offer you make to prospects in exchange for their contact information. Before…
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