Business Archives - Page 26 of 30

The Qualities Every Great Leader Should Embody

If you were to ask 10 different people what would make a good leader, you would get 10 different answers. Some people believe that leadership skills are something that people are born with, others believe they can be developed, others still believe it is a combination of both. Considering how many books have been written about leadership and management, and how different global leaders are, it seems that the idea that skills can be developed is the closest to the truth. Take, for example, Charles E Phillips Infor CEO and Richard Branson, Virgin CEO. Those two couldn’t be more different,…

Really Common Payroll Mistakes That Will Hurt Your Business

It is normal to make mistakes since this is a part of human life. The problem is that payroll mistakes do have serious consequences in the business world. A simple wrong number can lead towards employees being incorrectly paid and the entire organization can become inefficient. The good news is that there are always ways to fix problems and avoid them appearing in the first place. Outsourcing to a professional payroll management company can be a solution. However, knowledge is still needed. You should at least know the common payroll mistakes that appear and that can hurt companies. This is…

Exploring the Benefits of Buying and Selling Old Machinery

If you run a business that uses a wide variety of machinery then these will most likely be one of your largest financial outlays. Whether you are in construction, fabrication or manufacturing, heavy duty machines cost a great deal when bought new and exploring the options of buying used machinery can save you a lot of money. By the same token, when you are looking into upgrading the machinery that you have, it is important to do so whilst the current machines are still in good shape so that you can make more money on them than simply selling it as…

Top Tips for Entrepreneurs: Essential Steps for your First Office Set-up

Although a lot of entrepreneurs might start out from a laptop in their bedroom, at some point you’ll need to set up your first office. Depending on the field you’re in, the size of office you have and the kinds of facilities you need will vary, but there will always be a few key things you’ll have to bear in mind. Here are those first essential steps towards the perfect office set-up. Try to plan ahead You don’t have to go buying an entire floor of a building in the beginning, but that doesn’t mean you should be short-sighted either.…

The dangers of playing it safe: why is it important to explore new investment sectors?

When it comes to investing, a broad diversified portfolio is the best way to go. Although this advice has been shared countless times, people still have trouble following it. There could be several reasons for this, such as the human tendency to stick to the familiar as well as individual aversion to risk. The volatility in certain investment markets or sectors certainly doesn’t help matters much. Human nature tends to make us reluctant to venture beyond our comfort zone. However, this attitude will do you zero favors in the world of investment. Playing it safe and only sticking with investment…

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