GETHELP_BUSINESSMANAGEMENT

HBO's TV show Succession has become a compelling exploration of power dynamics, loyalty struggles, and the pursuit of legacy. As we delve into the captivating world of the Roys, we discover that this fictional portrayal offers more than just entertainment—it provides valuable insights that mirror the challenges faced by real-life self-employed individuals embarking on the journey of succession planning.

Business owners have ideas and other intellectual property (IP), and they need to protect them at all times. Otherwise, business owners risk losing IP to others who can profit from it. To some extent, it becomes virtually impossible for business owners to recover this property if not protected beforehand. With a clear understanding of IP, you can take appropriate measures to secure your business ideas. From here, you can use these ideas to grow your business.

Managed print services (MPS) have long been a staple of big business. By handing over day-to-day management of in-house printing, companies can save themselves considerable time, money, and manpower. However, smaller businesses are increasingly turning to managed print services to streamline their document output. Provided you've chosen a reliable MPS, you look forward to improved quality control, guaranteed security of your printed assets, and dramatically lower printing costs. Interested in exploring the benefits of a managed print service for yourself? Below, we break down the key benefits for smaller businesses.

Employees are a company’s driving force to move forward. That being so, their performance highly impacts and determines an organization’s success or failure. Finding ways to assess employee performance is very crucial. It helps bring out their best and helps an organization retain the best employees.

Working from home has become the norm for thousands of people across the country. As of February 2021, a Gallup poll found that 56% of workers in the U.S. were either always or sometimes working at home. The COVID-19 pandemic created an even bigger remote work boom, and it’s clear that home offices, Zoom meetings, and remote reporting are here to stay.

Quality control is what it sounds like—it’s a process that a business uses to ensure they maintain the quality of their products or improve that quality. Quality control means that both the management and employees need to be equally invested in the products and the business.

If your business isn’t currently using collaboration tools, then you’re missing out on a fantastic way of improving the efficiency and productivity of your business! You may think that a collaboration tool is only important for a large business, but it is also helpful for a small business. Collaboration software brings everyone together, which creates several advantages for your small business.

Running a business is not as easy as most entrepreneurs will make it seem, especially if you’re looking at Instagram. All you may be seeing are big smiles, clever memes, and “huge profits” --but there’s a lot that goes on behind the scenes. One of them is setback. It’s rarely spoken of while it’s happening, but it does happen. And surprise, it’s normal.

Now more than ever, companies are allowing increased flexibility when it comes to employees’ schedules, as millennials are more interested in becoming entrepreneurs and working from home than at a 9-5 office job as well. Although one advantage of working from home is saving on gas and time spent commuting, you also increase your own energy costs. Depending on your business you will most likely be using your internet, printer, laptop and any other equipment to keep on top of your work, ultimately contributing to a higher energy bill at the end of every month. Saving energy while working at home doesn’t have to mean you end up freezing in the dark just to save a few bucks. Incorporating even a few of these tips a day can make a bigger difference than you may realize. The more energy-saving tips you can tackle, while remaining comfortable in your own home, the greater your chances of saving energy.

When you own and operate a small business, you probably feel like the majority of your time goes toward new customer acquisition. That’s likely not just a feeling and is the reality. Finding new customers is one of the most difficult parts of owning a business, but also one of the most essential.

Most companies, big and small, are aware of fraud and scams. Whether the scams are in person or online, they can come with serious consequences. Both businesses and lives can be significantly affected by fraud and scams. These crimes are committed every day and businesses need to be prepared for these attacks. There are some simple steps businesses can take to prevent losses from these crimes.

We are living in a world of abundant data and all that data is collectible for marketing purposes. A lack of data can hinder a company in a big way. Not knowing who your customers are, what they want, or how they react to marketing will negatively impact your company. That is why collecting proper data is crucial for business, no matter if you’re self-employed or a large corporation.

Increasing customer engagement is a goal for every business. Most business owners understand that the more engaged their customers are, the more profitable their business is. Gallup research shows that a fully-engaged customer represents 23% more revenue than average. Another study conducted showed that 80% of consumers are more likely to make a purchase when brands offer personalized experiences. Based on this information, it is pretty clear that customer engagement plays a huge role in a business's success. Although many business owners understand the importance of customer engagement, most of them do not know how to effectively increase it. In this article, I will be discussing four things you can do as a business owner to increase customer engagement.

As a small-business owner, you have to wear many hats and bear heavy responsibilities. Ultimately, the success or failure of your venture comes down to how well you manage, delegate, attract new business, and handle finances. Finances are a huge stress for any business, big or small, and it’s important that you manage your stress levels and quality of life through it all. That’s difficult when there’s an endless array of tasks and details to tend to every day, and important matters like diet, exercise, sleep, and stress management are apt to fall by the wayside. It’s important to provide for your own care despite the chaotic nature of your role and the responsibilities that are on your shoulders.

Starting a business from scratch can be both a liberating and exhilarating experience for the aspiring entrepreneur. However, it is not a decision to take lightly as it requires the person to willingly make significant changes to their lifestyle, mindset, and level of commitment that is required for building a business. After all, it is significantly different being a small business owner rather than being an employee that works for someone else. For instance, a person that is someone else’s employee enjoys the reliability of receiving wages and benefits for their daily efforts in helping the business stay functional. It also means the employee has vast amounts of company resources at their disposal, whereas the small business owner has to develop it themselves.

I hope 2018 was a great year for you and your business and that your expectations for 2019 are even better. Most of you haven’t even begun to think about taxes for 2018, but I wanted to start the year asking you to think about taxes for 2019. I know, I know, who cares about a tax return that isn’t due until April of 2020 but I will put my money where my mouth is. You may have heard me say that almost all tax savings ideas, the really good ones, end as the New Year comes in. Most great ideas have to be considered and implemented before the end of the year and before you actually start filling out any of those silly IRS tax forms. I want to help you save up to $5,000 in taxes for 2019 just by reading this idea and then saying, “Yes”!

No matter how experienced or skilled a salesperson may be, closing the deal is always the most challenging (and critical) part of the process. It doesn’t matter if you can reel a potential client in if you can never actually hook them.

When you are operating a business there is nothing as bad as a missed opportunity. Any unexpected event whether manmade or natural can greatly disrupt your business. To avoid such problems it’s very important to create a business continuity plan. A good business continuity plan will help you reduce the loss and downtime in case there is a disruption. It will also help boost your employee and customer confidence and ensure that your business is back on track. Read through to learn some of the tips that can help you.

With e-commerce thriving, there have never been more sales opportunities available to small business owners with a killer product. To fully take advantage of the global marketplace, business owners need to make sure their products have authentic identification numbers, which are then encoded into a UPC (Universal Product Code) barcode.

When running a business, you need to understand how to run and track your money well before your business can commence, which areas of your business you can automate or outsource, and which experts you should consult for the guidance you need to help you do well.