There comes a time in every business owner’s timeline that the business becomes too big to handle alone. It’s time to think about hiring that first employee.
We brought one of the stores’ ads with us, and asked one of the clerks about the sale that had caught my wife’s eye. The employee looked at her like a deer caught in headlights.
The Fiscal Cliff, economy, lack of job security and other factors cause many employees to question their control over the events in their lives. But the fear of business ownership can be just as daunting to someone who has never done it before.
How do you think Ford, Nissan, BMW and Toyota feel about the government subsidizing General Motors, — a direct competitor? Does that seem fair to you? Why should Chevrolet make it when the Desoto and Studebaker didn't?
Successful businesses teach their employees the fundamentals that allow each transaction to flow through the sales and delivery process, with everyone doing their job seamlessly. It’s also working together as a team.
New business owners, and many that have been around for a while, often fail to understand, and capitalize, on customer thinking. The customer’s buying process has six basic steps.
Business owners often get so desperate they will accept input from anyone. The most important take away point from this article is to get the advice of people who are qualified to give it.
The hardest thing for business owners to do is turn responsibility over to others. No employee is going to give the business the same attention as the owner.
You don’t necessarily have to dress like you stopped off for the interview on your way to a funeral. I had a hard and fast rule, that employee’s dressed one step up from the customers.
Payroll is usually the largest expense for most small businesses. While income goes up and down, payroll is a constant. The employee always knows what their check will be while the employer rarely does.