Does Open Office Environment Really Work in Business?

March 31, 2016

Highly Flexible Open Layout
Open office environment has been talk of the town these days. If you visit offices of start-ups n Silicon Valley or even in well established companies the leaders are tearing down the walls of cubicles and putting up open desks. According to International Facility Management Association, nearly 70 percent of companies have open office environment.

The open offices take various shapes in different companies. Some have just long table and chairs along it so employees are sitting side by side. In other places they still keep the cubicle walls, but the height is reduced so that employees can see each other without having to get up. In some other offices you will also find open spaces where employees can gather to discuss.

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Filed Under: Employees, Management Tagged With: ,

How to Stretch your Money to Succeed as Entrepreneur

March 30, 2016

Money
As a small business owner or an entrepreneur your resources are very limited, which means you have to watch your cash flow very carefully. Every penny saved is a penny earned. Making your money go further will help you stay in the business longer and compete effectively in the market. There are number of ways in which you can save money on your everyday operations. Here are few of the important suggestions you can follow to succeed as an entrepreneur.

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Filed Under: Finance, Management Tagged With:

Why Communication is the Most Important Skills for Business Leaders

March 30, 2016

Communication
What did Martin Luther King, Nelson Mandela, Winston Churchill and Gandhi have in common? They were all excellent communicators. Their speech could galvanize the entire nation and spur everyone to follow their footsteps. Think about what they have accomplished by defining a clear vision and communicating that effectively and in simple terms so that even tan illiterate person could understand what he was being asked to do, and would do it without asking any question.

Such is the power of effective communication. While good communication is no doubt important in politics, its importance is no less in the business world. When you think about it a business leader is tasked with the same mission as a political leader – to galvanize the entire organization to rally behind him and give everything to the business he works for so that the business would prosper.

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Filed Under: Management Tagged With: ,

10 Most Unusual Ways to Promote Your Business

March 30, 2016

Marketing
When companies form, they instantly think about how they can market their brand. You won’t be any different because you need to advertise to sell products and make money. That is how the industry works. Still, that doesn’t mean that you can deviate from the norm by choosing different marketing techniques. The ‘experts’ will try and tell you that there are only a few ways to ensure that you effectively market your brand, but they are wrong.

There are hundreds of ways to market your brand if you know where to look. In fact, there are several unusual ways to market your brand. And, these are the ones that you want to concentrate on if you want to make a splash. The great thing about the weird and wonderful world of marketing is that it is new and fresh. Unlike the tried and tested methods, consumers aren’t wise to them, which makes them more effective.

If you are a non-believer, here are ten methods you can try that will transform your marketing strategy.

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Filed Under: Marketing Tagged With: ,

IQ vs. EQ – What is More Important to Succeed in Business?

March 28, 2016

IQ vs EQ
What is an important criterion to determine success in business – Intelligence Quotient vs. Emotional Quotient? The debate of importance between IQ and EQ has been going on for quite some time. Some argue that IQ has been standardized over number of years and hence is a pretty good indicator of a person’s ability to deal with the challenges of business. On the other hand, there are people who make a case that IQ has nothing to do with the success of failure in business. It is how you deal with your own emotions and those of others that helps you succeed in business. So who is right? What is more important IQ or EQ? Let’s understand what they are and how they help a person succeed.

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Filed Under: Management Tagged With: ,

What do You Need to Know before Starting an Engineering Business

March 24, 2016

Engineering
Engineering is one of the most reliable, thriving industries out there. No matter how the economy is performing, there will always be a demand for good engineers. We will always continue to build higher, explore further, and invent new technologies. Engineers are at the heart of these industries, and there’s a secure, exciting future ahead. However, not all of us fit the mold for working at a traditional engineering firm.

Some engineers also have an entrepreneurial heart. After all, the engineers are the world’s best inventors. So, how does an engineer start building a business? How do they compete with the biggest companies in the industry? In this post, we’ll dig into the specifics of starting an engineering company. Think you’ve got what it takes?

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Filed Under: Management Tagged With: ,

How to Grow Your Business with Limited Budget

March 23, 2016

Budget

Every small business owner has a dream of growing his business to become next Amazon.com. The sad reality is that there are very few of them who can get there. The key challenge for many small business owners is to grow the business with the limited resources they have. As it is said that it takes money to make money. Whoever can find a way to grow without increasing cost significantly will be the winner in this resource constraint world. So how do you achieve that Holy Grail? Here are few tips you can use to minimise your spending without sacrificing growth.

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3 Important Tips for Making your Small Business a Success

March 23, 2016

Success
Nearly half of small businesses fail in their first 3 years of existence. Success is in no way guaranteed when you are starting a small business. Part of the reason for this high failure rate is that small businesses have limited resources to work with. Oftentimes the owner of the business is managing all aspects of the business – From managing accounts to getting effective marketing materials produced to running the day to day operations of the business. As you can imagine this can get really busy, really fast. If you are not careful you may end up burning yourself or, even worse, your business can fail. Here are 3 tips you can use to alleviate the burden to some extent and succeed as a small business owner.

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Is Your Company Website Working Hard Enough for You?

March 21, 2016

Website

In the modern world of business, a great company website can be the most powerful marketing tool to your entire operation. Nowadays, it’s very difficult to find a venture that doesn’t make use of online facilities in one form another. But the real question is whether you are taking full advantage of those opportunities.

The best business websites should incorporate various elements. Get the following aspects right, and you should see stunning results for the site and the company as a whole.

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Filed Under: Marketing, Technology Tagged With: