Efficiency vs Productivity: Differences and Ways to Achieve Both
Much emphasis is placed on being productive in the work place. But is that the most important thing any business should be focusing on? What about efficiency? Is that important too, or should we forget about efficiency as long as workers are productive? Let’s go over both efficiency and productivity to find out what they mean and their differences. Then we’ll determine ways to achieve both. What is Productivity? Have you ever used the...
How to Create a Strong Work Culture with Your Virtual Team
Online businesses and teams of remote workers are continuing to define the way business is best conducted in today’s society. The virtual workplace has become more and more common leading business owners to determine how they will best manage their remote team members. Developing a solid work culture with your virtual team can be tricky. Remote workers are often spread out all over the world. It’s safe to say there’s no water cooler...
6 Crucial Startup Tips You Need to Know
When it comes to startup advice you can never get enough. Starting a business is one of the toughest undertakings you can pursue in life. Statistically you’re bound to fail and those who succeed take years to reap the rewards. So if you’re ready to take on the challenge it’s time to get informed. Here are six crucial startup tips you need to know before starting your business. Choose the right business If you want to increase your...
27 Time Management Hacks You May Not Be Using
These days, if you can save time there’s a good chance you can save money. This is true whether you are at home or at work. At home, saving time could enable you to do things yourself instead of paying others to do them. At work, it means lowered costs for your business or employer. Unfortunately, not everyone uses all of the things they could be utilizing to save time. Here are some time management hacks you may not be using to help...
Can GAP Analysis Benefit Your Business
It’s fairly obvious that if a company wants to succeed and thrive it needs to make a profit. But if your business is starting to struggle you may be worried about simply keeping the doors open. Beyond that, however, you need to also focus on what isn’t working and how to improve it. In a nutshell, this is the essence of gap analysis. When broken down, it’s much more. But the question is, can gap analysis benefit your business? To...
4 Reasons to Change Your Business Model
Changing your business model can be a tough decision to make, but it’s crucial for some business owners who are in it for the long run. Industries evolve and markets change. Not to mention, your goals and values as an entrepreneur will change over time as well. In many cases, you’ll need to pivot and change your business model at least once or twice. Here are a few reasons why you might want to make the switch. You’re Unable to Reach...