“Many ‘leaders’ expect to be the captain of the ship and think that everyone should listen to them on the direction they should go. Effective leaders are the best listeners and are able to distill the insights from the experts on their team into a sound strategy that individually they would never be able to craft. This also creates better team buy-in toward the mission since the team was involved.”
Read MoreA recession or economic downturn is a business owner’s worst scenario. As it might affect not only your personal finances but also threaten your business’ survival. The impact of a recession on your business at times can be hard to predict.
Read MoreA service business is a company that provides services to its customers rather than selling products. These services can include anything from providing legal or accounting advice to cleaning or repairing something. Service businesses are popular because they often have lower overhead costs than product-based businesses.
Read MoreSome of the best parts about having a small business are the benefits that it brings to employees: more equity, a hand in the decision-making process and smaller teams, just to name a few. Although the successful growth of your business is something to celebrate, day-one employees may eventually come to miss the small business feeling that they signed on for.
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