Author Archive: melanie

Teamwork and Motivation Tips

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Teamwork and motivation are the two factors that affect the managers, business and the working environment in a company. Here are the tips on how to make your employees want to report to their work:

  1. Organize activities outside work
    After hours and days of working in the office you should let the employees have a relaxing and bonding time. But how? You can organize social activities during weekends when everyone is off from their work such as having a picnic, swimming and involve in some sports so that your people would me motivated.
  2. Fit Body, Fit Mind
    Try to arrange some corporate discounts for local gym membership or any other sports that involve a lot of movement for your employees to have a fit body and mind. Also, try to offer your people prizes or raffle draw for healthy competitions such a weekend vacation, cinema tickets or free buffet for two.
  3. Love learning
    Everyday we still need to learn a lot of things that is why you have to give your employees some learning activity and reward them at the end of the year. One way of pursuing this goal is to constantly host seminars for new developments in the industry.
  4. Volunteering
    Instead of doing a team-building try to do some charity works for the community. Try to go to some public schools such as painting the walls or donate some educational books or provide business opportunities for young entrepreneurs. With this small gesture you could already make someone happy.
  5. Give a flexible rewards package
    If you are happy and satisfied with the requirements or work from your employees then try giving them rewards packages such as pension package for older employees or holiday coupons. It can also be by giving flexible hours and working from home.

Always remember that small changes may lead to bigger change that is why you have to do your work well.

How To Start an Affordable Business

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A lot of people want to have their own business. To some, they don’t have enough capital. One way to start an affordable business is to invest the profits you make back into your business.

  1. Always start small or engage in a low cost business. Instead of opening a big store all at once why not try or test first your business by doing an online retail shop. A lot of people are engaging in this kind of business through internet retailing.
  2. Borrowing money from bank is not easy especially for aspiring entrepreneurs. So you have to find your money on your own. Try to check if you have any savings or retirement account or if not try borrowing from your family or friends.
  3. Start it part time. Don’t quit your job first especially if you are still starting up your business so that your money will keep on flowing to pay your monthly bills.
  4. Try to have a personal budget of your own and start cutting off your spending habits such as eating out or buying unnecessary things. Be a wise spender. It’s all about cash flow to cover up your personal expenses.
  5. Try to spend little as much as possible when you are still starting up your business. Even though the product is cheap don’t buy it unless it is useful or you really need it.
  6. Having software programs such as QuickBooks for accounting and financing can help your business. You can easily manage your business expenses, finances and track easily your cash flow. It can save you time, money and labor.
  7. Be attentive and vigilant. Starting smart means you have to check invoices that has not yet paid. Try to check and follow up depending on what kind of business you are in. For those customers who pay earlier why not try to offer some rebates so that they will be motivated to pay earlier before their due date.

These are some easy steps to start up your own business. Remember to be smart and think well about your cash flows, innovation and productivity.