Your can sink or swim in your first 90 days as CEO. Set your course early, and show your team members that you’re ready to lead them for the long haul.…
Corporations aren't nearly as agile as startups. That means they've learned a few things about training that entrepreneurs can borrow.…
Every business needs to be fully stocked in order to survive. The process of stocking, however, often doesn’t work as well as it should. Being supplied by the wrong vendor means high prices, difficult relationships, and lowered value for your business all around. It’s important, then, to find the right vendor for your business. What makes a vendor “right” will be different for every business, but a few…
Whether it’s for home, health, life, or auto, choosing an insurer can be a big decision with long-term financial impacts. For all of those essentials, the question is the same: Which company offers the most protection, at the best price, and with the most reliable service? Especially when it means poring over pages of fine print, there’s rarely a clear answer. Hoping to make insurance more understandable —…
JetBlue hit major turbulence in 2007, when an enormous ice storm forced flight cancellations across the East Coast. Surely the airline couldn’t be blamed for this “act of God,” right? Wrong. While its competitors canceled flights promptly so their customers could wait out the delay comfortably at home, JetBlue dragged its feet. This resulted in passengers sitting on the tarmac for hours and snarled operations that lasted nearly…
When you own a business, the simple act of acquiring another small business is often one of the smartest investments you can make. Not only does it provide an opportunity for an additional stream of revenue, but it can also yield advantages in areas like taxes, accounting, and resource maximization. But business acquisitions are rarely easy or straightforward. Things can get messy, and it’s important to do your…
If your competitors arrived for a race on souped-up dirt bikes, you wouldn’t roll up to the starting line on a tricycle, would you? While you struggle with administrative headaches and repetitive tasks, your competitors rely on smart software to do the heavy lifting. It’s time to catch up. By automating more tasks, you can reduce your day-to-day burdens and spend more time growing your business. With so…
Moving is stressful — it’s a universal truth — but it’s even worse if you work from home. How exactly are you supposed to keep your business running when everything is going into boxes? The simple answer is that it all starts with how you pack. By organizing your office equipment, files, and other key items strategically, you can minimize downtime and get your new office up and…
Many entrepreneurs start their businesses because they genuinely like what they’re doing. But even if that’s the case, eventually, you’ll need to think about retirement. You can’t keep working forever; at some point, you’ll want to take things easy (and hopefully have enough money to live comfortably). With Social Security running out of money, and no higher-up employer to provide you with retirement benefits directly, it’s all on…
3 Important Ways to Invest in Your New Hires to Keep Them Around
by / ⠀Startup Advice / July 15, 2019
Do your incoming team members receive less prep for their roles than stripped, tool-deprived “Naked and Afraid” participants? That’s a problem. It’s also sadly common. Plenty of new hires are left on their own to navigate the wilderness of a new workplace. Is it any wonder that BambooHR research found that 31% quit before they hit the half-year mark? Unless you enjoy frittering away your company’s money on…