A Comprehensive Guide to Conduct Effective and Efficient Business Meetings

April 4, 2016

Meeting
Here is a startling fact that you may not know – Businesses in U.S. lose approximately $37 billion in salary cost as a result of meetings! This is equivalent of annual revenue of some of the largest companies in the U.S. Imagine the money that companies can save just by avoiding, or at least being effective in, those meetings.  Ask any professional about his opinion on the meetings he has to attend as part of his job and more than likely you will hear lots of complaints. According to Atlassian, employees on an average attend 62 meetings per month. Nearly 50% of those meetings are considered waste of time by employees attending those meetings!

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Filed Under: Employees, Management Tagged With: ,

How can HR Professionals Harness Technology to Improve Hiring Process?

April 3, 2016

Hiring
The success of any business is highly dependent on the quality of its employees. Hiring the right employees, training them and taking care of them should be a priority for any company that wants to grow and succeed in the market. As a result HR department plays a crucial role in making this successful. Unfortunately, these days HR departments have to deal with number of challenges, including job applicant screening, government regulations and so on.

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What Features Should You Look for When Building Ecommerce Website

April 3, 2016

E-Commerce
If you are the proud owner of a new small business, there are certain features that you will want to insist on when it comes time to build your first ecommerce website. One of the most important features is full interactivity with your customers, business partners, and other visitors. You’ll want to have your ecommerce site linked up with your WordPress blog and social media network pages so that any and all updates and new developments that occur there can be quickly linked back to your official site.

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Filed Under: Technology Tagged With: ,

What do You Need to Set up a Car Dealership

March 31, 2016

Car Dealership
Much like setting up any other type of business, starting your own car dealership requires lots of planning, budgeting, and paperwork. Depending on your circumstances, you have to declare your status to HMRC, whether that is registering as self-employed, or registering as a limited company. As you move on with your business, registering as a limited company may be more of benefit to you, as well as things like getting more appropriate cover from your insurer. Below we discuss several points to consider when setting up a car dealership.

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Filed Under: Management Tagged With:

Does Open Office Environment Really Work in Business?

March 31, 2016

Highly Flexible Open Layout
Open office environment has been talk of the town these days. If you visit offices of start-ups n Silicon Valley or even in well established companies the leaders are tearing down the walls of cubicles and putting up open desks. According to International Facility Management Association, nearly 70 percent of companies have open office environment.

The open offices take various shapes in different companies. Some have just long table and chairs along it so employees are sitting side by side. In other places they still keep the cubicle walls, but the height is reduced so that employees can see each other without having to get up. In some other offices you will also find open spaces where employees can gather to discuss.

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How to Stretch your Money to Succeed as Entrepreneur

March 30, 2016

Money
As a small business owner or an entrepreneur your resources are very limited, which means you have to watch your cash flow very carefully. Every penny saved is a penny earned. Making your money go further will help you stay in the business longer and compete effectively in the market. There are number of ways in which you can save money on your everyday operations. Here are few of the important suggestions you can follow to succeed as an entrepreneur.

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Why Communication is the Most Important Skills for Business Leaders

March 30, 2016

Communication
What did Martin Luther King, Nelson Mandela, Winston Churchill and Gandhi have in common? They were all excellent communicators. Their speech could galvanize the entire nation and spur everyone to follow their footsteps. Think about what they have accomplished by defining a clear vision and communicating that effectively and in simple terms so that even tan illiterate person could understand what he was being asked to do, and would do it without asking any question.

Such is the power of effective communication. While good communication is no doubt important in politics, its importance is no less in the business world. When you think about it a business leader is tasked with the same mission as a political leader – to galvanize the entire organization to rally behind him and give everything to the business he works for so that the business would prosper.

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10 Most Unusual Ways to Promote Your Business

March 30, 2016

Marketing
When companies form, they instantly think about how they can market their brand. You won’t be any different because you need to advertise to sell products and make money. That is how the industry works. Still, that doesn’t mean that you can deviate from the norm by choosing different marketing techniques. The ‘experts’ will try and tell you that there are only a few ways to ensure that you effectively market your brand, but they are wrong.

There are hundreds of ways to market your brand if you know where to look. In fact, there are several unusual ways to market your brand. And, these are the ones that you want to concentrate on if you want to make a splash. The great thing about the weird and wonderful world of marketing is that it is new and fresh. Unlike the tried and tested methods, consumers aren’t wise to them, which makes them more effective.

If you are a non-believer, here are ten methods you can try that will transform your marketing strategy.

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IQ vs. EQ – What is More Important to Succeed in Business?

March 28, 2016

IQ vs EQ
What is an important criterion to determine success in business – Intelligence Quotient vs. Emotional Quotient? The debate of importance between IQ and EQ has been going on for quite some time. Some argue that IQ has been standardized over number of years and hence is a pretty good indicator of a person’s ability to deal with the challenges of business. On the other hand, there are people who make a case that IQ has nothing to do with the success of failure in business. It is how you deal with your own emotions and those of others that helps you succeed in business. So who is right? What is more important IQ or EQ? Let’s understand what they are and how they help a person succeed.

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What do You Need to Know before Starting an Engineering Business

March 24, 2016

Engineering
Engineering is one of the most reliable, thriving industries out there. No matter how the economy is performing, there will always be a demand for good engineers. We will always continue to build higher, explore further, and invent new technologies. Engineers are at the heart of these industries, and there’s a secure, exciting future ahead. However, not all of us fit the mold for working at a traditional engineering firm.

Some engineers also have an entrepreneurial heart. After all, the engineers are the world’s best inventors. So, how does an engineer start building a business? How do they compete with the biggest companies in the industry? In this post, we’ll dig into the specifics of starting an engineering company. Think you’ve got what it takes?

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