Do you ever feel like there aren't enough hours in your day? You're certainly not alone. This is a common complaint for business owners, who often wear many hats, especially in the early days of a startup. An endless list of tasks, work hours that start before the sun rises or end long after it sets - these are major issues for entrepreneurs, yet who has the time to find a solution? As it turns out, you do. There are simple, effective ways to optimize your daily productivity; you just need to know where to start.
Are you a small business owner looking to perfect your business technique? Perhaps you're ready to set sails to your business venture. When it comes to being a successful small business owner, there are quite a few key traits that one must possess. In 2004, a seminal study was conducted to determine the Big Five personality traits that every successful business owner seems to achieve. Let's take a look at these traits that play an important role in a successful small business.
Here are Five Steps To Dealing With Difficult Employees
Part of running a business involves dealing with difficult people, and sometimes they can adversely impact your business. Thus, it's important to have a plan to address employees who are difficult before an isolated issue spreads or becomes worse. Here are some strategies you can use to handle difficult people:
Think Your Business Is Too Small for a POS? Think Again!
The Clover point-of-sale (POS) system is a hugely convenient and helpful piece of technology. While it functions as a cash register, it can do so much more. Better yet, it's adaptable to businesses of all sizes.
A recent study found that nearly half of all small businesses are home-based. A major challenge facing many of these small business owners is finding a way to make sure their businesses look professional without the leverage of having a store, office space or brick and mortar business of some kind
The good news is that there are several things you can do right now to give your home-based business the professional look you want.
There are four rules of successful delegation. Delegation is essential for managers and business owners. It's an effective way to get more done, in less time. But this is something that managers must have the proper training to do. If not, the benefits of good delegation could be missed.
Here are a few top things to keep in mind when delegating tasks:
There is no dearth of successful women in the world today. You can find leading women at multiple levels in multiple industries, politics and professions. If you were to break them all down you will quickly find that they have a particular set of characteristics that define who they are. These traits sharpen their work ethic and help them balance their work and life harmoniously.
Here we'll take a look at some of those traits and see what you can learn from some of these inspiring women.
Whether you run a retail store with a constantly rotating stock or a service business like a salon or tattoo parlor, an inventory management system can help. Imagine pulling out your tattoo machine only to realize you're out of the color red. That can seriously limit your design options. What about running out of 30 volume developer at a salon? Sure, you can probably blend a mix of 20 and 40 volume to handle color, but the result won't be the same. With an inventory management system that’s part of your credit card processing system, you never need to worry about missing product.
Being able to process card payments is essential for small and medium-sized B2B AND B2C companies, especially as consumers increasingly choose to use plastic over cash. But when your funds are being held up or your account is frozen, it can slow down business. Some of the main causes for accounts holds and freezes include chargebacks or fraud. Moreover, your money can be held up if your processor requires a reserve fund investigation or if unusual activity occurs, including a sudden spike in sales. Thus, it's important to what measures to take to prevent account holds and freezes. Here are some tactics to consider:
If you are new to using a credit card processing service, you may find your credit card processing statement difficult to understand. If you're confused about the difference between interchange fees and processing rates, read on to learn all you need to know to understand your processing statement in full.