So you have finally taken the plunge and are either starting a franchise from scratch or have bought an existing branch. If you are thinking about running a franchise as a small business, you should have a good idea of what it takes to run it, from the day-to-day operations to the administration tasks. You should have also decided how involved you will be in the daily running of the business.
staff management
Gareth Southgate has been praised highly for the positive management of the England football team in the Euros 2021 as well as in the 2018 World Cup.
No company wants to have to lay people off, but it is often necessary due to budget issues. Especially during this difficult time, almost every business in the country has been impacted. COVID-19 brought the world to a halt including millions of businesses. Many lost their employees, and some of the biggest names in business had to let go of thousands of staff members.
[continue reading…]Managing a remote team, while extremely rewarding can come with its own set of challenges. The good news, however, is that with the right tips on how to organise and manage your remote team, you can conquer the problems you might face and create a high-performing remote team.
[continue reading…]As an entrepreneur, starting a new business and hiring employees to join your team can often be a daunting first move to make as your business expands. It can be difficult to create the right environment and culture as a start-up business whilst also developing your brand.
[continue reading…]Your business needs happy, healthy employees who enjoy their work. They are your greatest business asset while for the individual their greatest asset is their health and mental wellbeing. A person who feels appreciated will ALWAYS do more than expected.
[continue reading…]Companies that are at the forefront of development prioritise the continuing education of their employees because it not only increases their comparative advantage, but it also stresses a continuous system of growth. A company’s trajectory for growth is based on its foundation, which is its people.
As an employer, managing maternity leave is an inevitable part of doing business. You will be understandably thrilled for your employee, whilst also wondering whether your team will be overstretched, or how this change might hurt productivity. On top of that, you have the financial commitments surrounding UK statutory maternity pay (SMP) to navigate. It can all end up feeling rather admin heavy.
These days, when we think about improving productivity there’s probably a good chance that we think about automation and process improvement.
If you are running a small business, you might have some employees that work for you on a remote basis. This new generations of employees expect more from their work and employers. They expect their employer to care about their work-life balance and offer them flexibility through remote working. So if you are one of those employers, then it is essential that you regularly communicate with remote employees for several reasons.
There’s a lot more to human resources than just handling personal functions such as hiring and firing. HR is also responsible for managing talent and supervising the entire lifecycle of employees. Therefore, to ensure that your business flourishes, a successful talent management strategy is key to helping your employees reach their full potential within the workplace. After all, a firm’s most valuable resource is their people, so, the role of talent management should be considered an essential part of your organisation’s strategy.
[continue reading…]
Employees are the backbone of working institutions. It is therefore important to maintain a good relationship with them. As humans, we want appreciation and to be recognised for our achievements. Lack of this can demoralise us from putting in the effort. We advise employers to drop their ego and create a good relationship with their employees by showing their appreciation.
Technology has broken any barriers of distance and culture. Thanks to this, virtual teams are the ideal solution for small businesses or for tasks which don’t require too much human interaction. Truth be told, there are even solutions that allow people who require high degrees of interaction to work remotely with great success as well.
Every manager needs to be well acquainted with the performance of their employees. It’s an essential part of the job. You can’t make any effective changes if you don’t know who is lacking and why they aren’t reaching their full potential. A lot of managers, including us from MAUS Business Systems, use staff performance software to help them keep track of many employees and their progress over time. These programs come with their own pros and cons.
Businesses often think of training as a benefit for the employee – a way to build skills and level up in their career. Sometimes this kind of thinking hinders companies, especially small ones, from offering comprehensive training and implementing training programmes. However, this narrow view only harms businesses, big and small, in the long run.
A company retreat can seem like a pre-paid vacation to some and yet another work obligation to others. Companies today are recognising more and more that company retreats are highly valuable for the morale and overall productivity of their employees. At the same time, companies that have never run a retreat before may not be entirely sure where to start.
The reason why you started your business is because you want it to be an empire. Simply put, you want it to become one of the most successful enterprises around. Your dream is to dine with renowned entrepreneurs in the globe or appear in the next issue of Forbes Magazine as one of the wealthiest people in your country or the world. However, to earn all this, you need first to encourage your employees to be the best version of themselves. You need to enhance their productivity so that you cannot only make them happy but also more efficient in their jobs. But how do you do this?
Now more than ever professionals are keen to move away from traditional working hours in favour of a better work-life balance, and as more of life moves online, the idea of working from home seems to make sense. Many organisations are now offering, or at least trialling flexible working hours, but some are still behind the times.
Your company depends on your employees being able to perform at a high level. When you facilitate this process, you are critically serving your company’s business goals. In turn, your employees also get more out of working for your company, because you are a forward-thinking business owner, and ultimately this means that your employees will be happier.
[continue reading…]
The subject of dealing with sexual harassment in the workplace is a big topic of conversation in the mainstream business sector. CEO’s and business owners are continuing to find ways to address the problem that appears to be an ongoing matter across the sector. This doesn’t just involve large fortune 500 companies and global enterprises either, it’s an issue for small businesses too. Although there is less staff in a small enterprise, it’d be naive to suggest that there’s less chance of sexual harassment occurring.
[continue reading…]