Working with Gen Y, the Millennials
Tips for Working with Gen Y, the Millennials With each new graduating class, more and more millennials are entering the workforce. Although Gen Y, a.k.a. “millennials,” born between the early 1980s and 2000, are often viewed as lazy or entitled this new generation can be a great asset to your business. Read on to learn how to make working with Gen Y employees a strength for your business. Gen Y Strengths – Tech savvy, especially with social media- Strong multi-taskers – Hold high expectations of themselves and employers- Prefer to collaborate and work in teams- Seek...
Read MoreBefore Launching a new Business: Test the Waters
Its easy to get carried away when the light bulb goes on and a great business idea pans out in our minds. Experienced entrepreneurs warn: text the waters first. Here are some ideas of ways you can “test the waters” before diving in to a new business venture. Check the Waters Before getting in too deep, survey the scene. Are their already companies selling the same or a very similar product or service? How will your product/service be different and attract customers? Survey the Scene Talk to people: Hunter Walk, former YouTube executive suggests you ask people standing next to in...
Read MoreIt Pays to Be a Small Business
It Pays to Be a Small Business Sometimes small business owners feel like they’re left in the shadow of bigger businesses but that’s not always a bad thing. Small businesses are flexible businesses, that flexibility is a competitive advantage. Larger institutions mean larger risk and more complexity so big businesses often struggle to change, even when the market calls for it. Small businesses can adapt and change to meet the current market needs as they arise. Small Businesses also have the advantage when it comes to customer relationships. In our world of online communication...
Read MoreBiggest Challenges for Small Businesses
Challenges Ahead for Small Businesses With the new year upon us, it time to get going and look forward to what is in store. Here are some of the biggest challenges small business owners will face in 2014. Read on to wise-up and make plans to overcome these potential stumbling blocks. Photo Credit 1. Funding While there are signs that the tight credit markets for small companies are loosening up, the loosening is happening slowly. In November 2013 big banks approved 17.4% of small-business loans which is up from 13.2% in 2012, small banks approved 49.7% 2013 versus 49.2% in 2012 according to...
Read MoreProtecting Your Business: Cyber Security
Protecting Your Business Online Cyber security is something on every business owner’s mind. Protecting your business and client information is a big worry with all the recent big company hacks. How do I protect my confidential information? How can I make sure my client information is not collected by a hacker? Here are a few tips to help keep your company protected. 1. Charge your phones and tablets at home or in the office. Hackers have created fake USB chargers. They look like real chargers and may be available in public places. These fake chargers steal data when an individual plugs...
Read MoreGifts for Clients and Associates: Holidays as a Business Owner Part 2
Gifts for Clients and Associates With an ever increasing number of holiday events, plays, parties, dinners, etc, staying on top of well wishes at the office can easily be put on the back burner. Business owners, use the quick tips and ideas in our two part Small Business Holiday series to wow your clients and associates this season. In part one of our series we gave you great tips for your holiday cards. Today, we’ve got some ideas to make gift giving a breeze. Part 2: Holiday Gift Ideas for Clients and Business Associates 1. Gift Cards- Its hard to go wrong with a gift card....
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