Monthly Archives: October 2016

5 Essentials for Keeping Your Employees Happy

Perhaps the important part of any company is its people, and so retaining top talent by keeping your employees happy may be the biggest secret to success. This can of course be a very competitive process. From executive chefs, to cushy hours, to in-office arcades, employers go to great lengths to attract and keep the best people. Here is a look at how to achieve this through leadership rather just than dollars. 5 Tips for Keeping Your Employees Happy Give your team permission to hold you accountable: Employers are always looking for ways to monitor employees and provide feedback. True leaders, however, open up that dialog the other way, and listen to top employee’s suggestions about their own performance. If you are willing to hear feedback about the direction of the organization, your employees are more likely to stick with you. Find ways to connect people’s jobs with their passions:…
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How to Keep an Objective Perspective on Your Own Business

As an entrepreneur, it can be extremely difficult to have an objective perspective on your own business. After all, most leaders believe deeply in their organization’s mission. It’s only natural to see everything through rose-colored glasses. Since you are also the leader of your organization, it can be especially tough to get honest criticism from your team. Here is a look at how to see things for how they really are. Tips for Having an Objective Perspective on Your Own Business Reward honesty and transparency: It doesn’t matter if you ask your team for honest criticism and feedback if you ignore or punish anyone who shares an idea you didn’t want to hear. Everyone has to feel comfortable sharing their thoughts without fear of pettiness or defensiveness. When you have spent a large portion of your life on a business, accepting criticism is much harder than you might anticipate. It…
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5 Tips to Help the Mortgage Process Go More Smoothly

If you’re like most people, you will need to go through the mortgage process before you can buy home. Selecting a mortgage may be one of the biggest financial decisions of your life. Here’s a look at how to make the process go as smoothly as possible. 5 Tips to Help Make the Mortgage Process Easier Consider your budget: The most important thing you need to learn before you sign a mortgage is what your budget is. Try to be somewhat conservative about what you can afford. Factor in costs such as taxes and utilities before honing in on a monthly payment that you can comfortably afford. Give yourself room for savings and emergencies. Know your budget before you even start looking at homes or mortgages. Don’t trust agents or lenders to tell you what is in your price range. Be prepared for surprises: When it comes to planning and…
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5 Steps for Maintaining Your Company Culture After an Acquisition

A merger or acquisition by a large company is a common objective for business owners, but sometimes smaller companies lose their unique culture after the merger closes. These changes can scare away top employees and take away from the business’s unique strengths. Here are some ideas on how to preserve your company culture after a buyout. 5 Steps for Maintaining Your Company Culture After and Merger or Acquisition Create clear expectations: One key to a successful merger is retention, and one of the keys to retention is to eliminate uncertainty as soon as possible. Make sure the whole team knows what compensation, benefits and expectations there will be at the new company. Even if not all the news is good, it’s better to let them know than keep them in the dark. Good people usually have plenty of opportunities to leave if you don’t keep them in the loop. Appoint…
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5 Tips for Young People Saving for a Home

With student debts high and wages still relatively stagnant, saving for a home may seem like an unrealistic goal for many young people. For millennials who are determined to enter the real estate market, however, there are still ways to make the dream a reality. 5 Tips for Young People Saving for a Home Prioritize paying off debt: If you are paying high interest rates on credit card debt or student loans, you might want to forgo some savings to take care of this problem. The return you’re getting on your savings investments may not exceed those nasty interest rates. Consider finding a second source of income and focusing it entirely on eliminating debts. This can help put you in a financial position where home ownership is more realistic. Find ways to turn spending into savings: Many young people are good about watching essential costs like rent and utilities, but…
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