Business

Managing Your Small Business: 5 Tips to Keep You Motivated

When you first decide to launch your small business venture, you’re likely very motivated to get the doors open and start earning some money. You have probably decided to open shop on your own as a way to get out from under the thumb of a supervisor, be your own boss, and finally see the fruits of your labor coming back to you. But starting a business is no easy undertaking. Even if you have a background in business and you are familiar with the industry you’re entering, you still have to do research, pen a business plan, secure funding, find a location, and put the whole act together. It’s a lot of work, to put it mildly. And once you’ve gotten your company off the ground, you’ll face an uphill battle to gain clientele and stay afloat until you can build up a reputation and following that provides you with enough profits to be solvent. In short, you can easily get burned out on the whole deal. So here are just a few tips to keep you motivated when it comes to managing your small business.

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Business

5 Workplace Diversity and Inclusion Training Tips for Businesses

It is generally agreed amongst savvy business owners and operators these days that workplace diversity is a major asset. And this tenet doesn’t just apply to multi-national conglomerates anymore. Diversity in the workplace, including employees of different genders, races, religions, economic backgrounds, nationalities, ages, family status, and more, provides for a variety of different experiences that expand the scope of the company think tank and lead to a wide range of opinions and viewpoints. This is great news for the company looking to diversify because it allows for a virtual in-house focus group. Although one person obviously doesn’t speak for an entire cultural or economic standpoint, for example, having a different point of view can only help companies to cater to a wider range of potential customers. And with the global economy in much easier reach thanks to internet and mobile technology, this sort of thinking is imperative for growth. It is for this reason that you need to implement a diversity and inclusion training program to ensure that all of your employees exercise tolerance in the workplace, treat each other with respect, and value the contributions of their coworkers. Here are a few things you might want to consider along the way.

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