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Should I Hire From Temp Agencies?

June 19, 2013 by Thomas

When it comes time for your company to hire a new employee, it’s fair to assume you’re looking for nothing short of the perfect match for the job, right?

Well, if you’re on the fence about going through a temp agency, there are some pros and cons to take into consideration that might influence which side of the fence you land. Most employment agencies are great about vetting and providing the perfect candidate, while others miss the mark.

Here are just a few benefits as well as drawbacks when it comes to your company hiring through a temp agency:

The Pros

Considering a temp agency’s purpose is to match employees with employers, it’s sometimes better for companies to hire through an agency rather than advertise positions to the general public and for good reason:

* Avoid Hiring Mistakes – When you hire through a temp agency, your company can rest assured the candidate is not only pre-screened, but tested for the job at hand. This is a great way to avoid poor hiring decisions that ultimately result in lost productivity and wages.

* Eliminate Unemployment Claims – Temporary employees are hired with the full knowledge that their time at your company is short-term. Because of this, your company avoids any unemployment claims that may arise. If you decide to let go of a temporary employee, it’s the temp agency’s responsibility thereafter.

* Reduce Recruiting Efforts – When hiring through a temp agency, the vetting process is done for you. So, instead of wasting time, money, and energy on the legwork that goes along with the recruiting process, your company can cut to the chase with temp employees that are apt for the job.

* Decreased Benefit Costs – Employee benefits cost companies a ton, but with temp employees, your company isn’t required or expected to pay benefits as long as that employee is on a part-time schedule. Likewise, if it’s a full-time position your company needs to fill, consider hiring two temp employees to cover the same job.

The Cons

Before making the decision, there are a couple drawbacks your company needs to consider before going the temp agency route:

* Employee Buyouts – Although finding the perfect fit through a temp agency is a huge benefit, the contract buyout that goes along with hiring that employee full time is a major drawback. And, most temp agencies require a significant buyout depending on the length of the remaining contract.

* Agency Screening – Most temp agencies take the screening process very seriously in order to provide companies with the best possible match. But, unqualified employees sometimes slip through the cracks, especially in the case of larger temp agencies.

* Lack of Strong Relationships – Employers like long-term employees because they are able to form strong relationships with the company as well as other employees. Temporary employees on the other hand don’t have the chance to develop any real relationships. This results in a loss of team spirit and, in some cases, a lack of commitment from the temp employee.

As you can see, weighing the good with the bad is an important step when deciding whether or not to hire through a temp agency.

Photo credit: writeforhr.com

About the Author: Adam Groff is a freelance writer and creator of content. He writes on a variety of topics including personal health, roofing repair, and small business.

Filed Under: Business Life Tagged With: bc, employees, Hiring, temp agencies

Entrepreneurial Tips – How to Maintain a Positive Attitude

June 18, 2013 by Rosemary

By Ronald Alexander

As entrepreneurs, we put work just above everything else. Unfortunately, sometimes when we are working toward something, we forget to maintain a positive attitude, which can lead to additional stress and an unhappy all-around life.

The 10 tips listed below will help you to stay positive while at the same time driving your business in the right direction.
How to maintain a positive attitude

1. Work with people that you like

It’s easy to be unhappy in a business where you are surrounded by negative people all day. This is why it is vital that you hire and work with people who have a positive attitude and don’t drain you emotionally.

2. Don’t hesitate to fire people

It is 100% okay to let people go who are not doing all they can do to help your business. Usually a primary cause of stress for entrepreneurs in the workplace is having people who make them unhappy because they either don’t work hard enough or constantly stress out about little things. It’s a great release when you know that you have just made your work environment better for everyone by letting someone go.

3. Create long-term goals

Short-term goals are good, but having goals that extend decades will allow you to be more focused on where you want your business to go. These goals are usually far less stressful and will show your team that you do know what you want out of your company.

4. Feed your creative mind

Every entrepreneur is creative, so it’s natural that we need to fill our off-time with things that will feed that creativity. Some people like to read, while others get their creative juices flowing by taking a long walk. Whatever you need to stay charged up, you need to make sure that it is included in your weekly schedule.

5. Continue to be yourself

People often forget what got them to the point of being an entrepreneur and having a business. The fact is that you need to continue to be yourself even as you are taking off as an entrepreneur. The people who work for you and the business contacts that you make need to know who the real “you” is. You don’t have to develop a phoney business persona, which, I promise you, will lead to additional stress.

6. Don’t be a yes man

Many people have the instinct that saying yes to their employees will keep all parties happy, but in reality a business has to be run by someone who knows when to say no. If someone needs help with something and you have an important task that you are dealing with right now, you have to tell them no and they’ll need to find another solution to their problem. Always take a second to assess everything before you answer questions at work so you can be honest with yourself and others.

7. Remember to take a break once in a while

Entrepreneurs are usually workaholics, but everyone needs a break to stay fresh. The truth is that those breaks that you take every day will allow you to get better work done, which should be reason enough to take them.

8. Expect stressful situations and deal with them the right way

Work is stressful no matter what you do for a living, so it is each person’s responsibility to deal with every bit of stress that is thrown in their direction. It’s tougher earlier on because you are new to all of the business scenarios that you will face, but with time you will learn how to deal with the stress. Just go into every situation knowing that there will be stress and then conquer it.

9. Don’t expect flawless work

It would be nice if everything we do in our work life ends up being absolutely perfect, but that’s just not reality. You want to draw things up to be perfectly played out, but the most important thing is that you reach the end goal in everything you do. Don’t focus too much on the imperfections; this can help you put off some burden.

10. Don’t try to do everything on your own.

You have a team for a reason, so you have to learn how to delegate responsibilities. It’s not easy at first, but you shouldn’t try to do too much of the work on your own. You run the business, so figuring out who should be doing what all day will help you to take a lot off your plate.

To sum up: You need to figure out what’s keeping you from being as happy as you can be in your business life. Going over these tips should help you to figure out how to lessen the stress so you can focus on getting your business to where you want it to be.

Author’s Bio: Ronald Alexander is a passionate writer and avid blogger currently associated with Forsyth.co.uk, which provides business services including flexible office space and virtual office services in Manchester.

Image source: Pixabay by Nemo

Filed Under: Business Life, management, Motivation, Productivity, Successful Blog Tagged With: attitude, bc, entrepreneurship, management

How Do I Hire the Right People?

June 12, 2013 by Thomas

Judging a book by its cover probably is not the best way to find the right candidate for your company. These days you have to at least open the book and read the first chapter.

Luckily, there are ways to ensure your company hires the right people without sitting them down in an interrogation room first.

The following tips will help you get the most out of your first encounter with potential employees and ensure you pick the perfect candidate.

Screen Resumes

In an attempt to streamline the interview process, resume screening is a great way to cut out candidates that don’t meet the requirements. Sure, resumes are naturally screened as you read them, but they should be accompanied by a detailed checklist.

The job specific checklist can work as a 1 to 10 scale broken down into categories ranging from candidate qualifications, experiences, and whether or not they should move on to the interview process.

By doing this, you, the employer has a tailored checklist that’s easily compared to other checklists based off the competition’s resumes. Additionally, it’s wise to have dedicated screeners during recruiting periods to act as candidate experts.

Interview for Attitude

Before you hire any employee, it’s important to know whether their knowledge and skill level is up to par. But, another essential facet to any potential candidate is their inner office attitude. That’s where the interview comes into play.

Don’t spend too much time grilling the candidate on information already stated in the resume. Instead, try to gauge their personality. Ask questions concerning work habits, how they function under stress, and their opinion on working long hours.

This is also where your ability to read body language plays a huge role. If the candidate becomes uneasy or makes a seemingly harmless joke at the mention of possibly working nights and weekends, it’s probably because they’ll ultimately have a problem with it.

Quiz References

If and when a candidate reaches the reference checking stage, it’s the perfect time to dig deep into the potential employee’s work past. And, if the reference is strictly professional, it’s also a great chance to gather unbiased opinions about the employee in question.

Once questions concerning the candidate’s abilities are out of the way, transition directly into their people skills. Questions like whether or not the candidate works well with others, their day-to-day attitudes, and their willingness to go above and beyond what’s asked of them are all fair game.

Test for Success

After the candidate checks out on paper and face-to-face, it’s wise to request they take an abilities test.

Whether it’s to get a sense of the candidate’s general knowledge or gauge skills particular to the job, if the potential employee is all they say they are, they should have not problem taking the test and more importantly, receiving an adequate score.

So, when it comes time to fill your next open position, take some of the above tips into consideration and find the best employee for the job.

As an employer, what have your hiring experiences been like to date?

Photo credit: ABC15.com

About the Author: Adam Groff is a freelance writer and creator of content. He writes on a variety of topics including business, invoice software, and personal health.

Filed Under: Business Life Tagged With: bc, employees, Hiring, strategy

How to Cut Down on Business Travel Expenses

June 5, 2013 by Thomas

As a small business owner, you or your employees may need to do quite a bit of business travel.

So, it should not come as a surprise that this can add up to be a hefty expense, leaving you to maybe think it’s one area where you could cut some spending.

Over the past years, travel expenses, from airlines to hotels to dining, have increased.

But how can you cut travel expenses while still meeting the needs of your clients?

Check out these ideas to help you do both:

1.     Air Travel

*  Carry on your bags instead of checking them. Often airlines charge a fee for checked bags and you can save a bit here, plus it saves time in the airport.

* Use the long term or off site parking at the airport instead of the high cost hourly parking.

* Check around for flight differences and book the cheapest, even if it’s not the most convenient. Often midweek travel is cheaper than over a weekend (though that is not necessarily true of hotels). See if flying into a close by airport is worth it to save money even if it’s not the absolute closest.

* Join frequent flyer clubs.

* Think about special airline benefits. Airports offer special rooms for airline members that can be earned or purchased. Maybe you have to pay for these, but could it benefit you because you and your employees can get quality work done there or possibly have meetings?

2.     Ground transportation

* Though renting a car seems like a big expense, it’s cheaper than taxis and more efficient than public transportation. Join loyalty programs with rental car companies and gain some benefits here, too.

* If you don’t have a rental car, see if your hotel provides shuttle service to nearby locations and the airport – again, taxis add up, best to avoid them.

* With a rental car, fill it up yourself before turning it in. If you don’t, the car company can charge an arm and a leg to fill it up.

3.     Hotels

* Just like with airlines, check around for deals and specials. Often depending on when you check in and out, your rates will differ substantially. Hotels run specials, and if you join their loyalty groups, you can also sometimes get special treatment.

*  If your hotel offers free breakfast – take it! Not only is it convenient, it will save you the cost of breakfast and transportation.

4.     Have clear, stated policies

* Your employees need to know what they can spend and how it needs to be turned in. It’s best to have these written out and on hand so there is no discrepancy.

* Do you require receipts from taxis and restaurants? Do you have a maximum per diem or do you want to set a price per meal? Do you need to okay arrangements before final booking?

* Be clear in what is reimbursable and what’s not. Can employees have a drink with dinner or is that not part of your expense plan? What is the policy for taking clients out to meals?

Travel is an important, often necessary, part of running a business. It’s costly, though, and you have to make sure it’s not costing you more than it’s worth.

Keep your spending in check and you should be able to keep your customers happy and your expenses from going through the roof.

As a business traveler, what do you do to save some money?

Photo credit: apex-portal.com

About the Author: Heather Legg is a writer who covers topics from small business to how to remove news articles from Google.

Filed Under: Business Life Tagged With: Airlines, bc, expenses, small business, travel

The Sure Bet: 4 Reasons Putting Profits Back Into Your Business is a Sound Strategy

May 28, 2013 by Rosemary

By Angela Freeman

The ultimate goal of any company is to generate profits. This leads to an important question: what do those companies do with the profits they create? These 4 reasons should convince you that putting profits back into your company is a sound strategy that will improve your business’s future success.

1. It Gives You the Opportunity to Grow

Your company thrives at what it does right now, but will it continue to thrive in the future?

All companies must grow to experience continued success. When you put profits back into your company, you can use the money to explore new industries or improve on the services and products that you currently offer.

For instance, you could use the money to purchase new lab or tech equipment that will let you conduct more of your own research. That reduces the amount of money that you have to give other companies to conduct research for you. It also gives you more control over the quality of your research.

Both of these advantages will help your company succeed in the future.

2. It Lets You Spend More on Advertising

If your company is earning profits, then you know it has something special to offer clients. Putting money back into the company could help you pay for advertising that lets you reach even more consumers and businesses that want to use your services.

No matter what kind of advertising you choose, it will take a sizable amount of money. Radio, print, and Internet advertising can quickly add up to thousands of dollars.

Spending that money on something intangible might feel like a waste, but it’s the only way to get a bigger segment of your target market. If people don’t know you exist, they can’t choose your services.

3. It Helps Improve Training for Employees

Without properly trained employees, you can forget about continued business success. Every person working for your business plays an important role, so you must place an importance on making sure every person receives good training.

Good training costs money. Depending on your company’s size, you might decide to build your own HR department to handle training, or you might hire an outside contractor to do the training for you. Regardless, you’re going to need to put your profits into the training program.

In the long-run, you’ll see good results, because you won’t have to worry about employees who don’t know how to do their jobs.

4. It Means You Can Avoid the Pitfalls of Debt

Many companies borrow money when they want to expand, investigate new opportunities, or upgrade their training programs. Borrowing money, however, means paying interest. That can weigh your business down for decades.

Even if you get a good interest rate of six percent, which is really quite good, on $100,000 that you pay back within ten years, you still end up paying over $13,000 in interest. You’re better off putting your profits back into the business so you can avoid that extra expense.

What have you done with the profits your company made in recent years? Have you put the money back into your business, or have you made other decisions?

Author’s Bio: Angela is a freelance business, tech and travel writer. When she isn’t writing she is being a science nerd, messing around with her lab equipment, and attempting to bake. Follow her on Twitter @Ang_Freeman3.

Filed Under: Business Life, SOB Business, Strategy/Analysis, Successful Blog Tagged With: bc, growth, investment, profits

Does Your Business Have a Cost-Effective Marketing Plan?

May 22, 2013 by Thomas

If you run your own company, you may or may not be involved in the marketing duties.

In some instances, company owners can afford to reach out and hire a marketing specialist to work onsite with them, while others take the option of having an outside firm that specializes in marketing do the job for them

Whichever way you determine to be best for your business, there are a number of factors that you should focus on, allowing you the best possibility of succeeding with your marketing needs.

Among them:

* Don’t hit the panic button – First and foremost, you will find your business going through peaks and valleys during the course of the year, so never hit the panic button. You may get the urge to scale back your marketing budget when things are not going well, but that is likely the worst time to do that. While you’re toning down your marketing budget, your competition is likely going in the opposite direction. Reevaluate from time to time what’s working and what isn’t working, giving you the guidance necessary to move around money and efforts if need be. Remember, the day you stop marketing could be the prelude to the day you close your business.

According to research from AWeber Communications, close to 70 percent of small businesses said they would be adding to their marketing budgets in 2013, with some 97 percent planning on doing no less than maintaining their present level directed towards marketing expenses.

That being said, some well-known companies noted in the last year that they were scaling back their marketing over the next 12 months, with one even noting in hindsight, such a decision ended up costing his business customers and revenue.

Those making headlines included:

1. Campbell Soup Co. stated last summer that it would reduce its marketing budget over the next year, placing new emphasis on distribution, merchandising and product innovations. In fiscal 2012, Campbell’s marketing got a piece of $100 million of new investment the marketer put forth toward brand-building, research and development and innovation for its U.S. soup and simple meals business. That investment came as the business looked to distance itself from major discounting, which executives noted failed to lift sales volume as planned;

2. HTC (mobile phone maker) reported that less money and effort towards marketing has actually hurt its business in the last year. In comments to the Wall Street Journal, CEO Peter Chou stated that the company’s competitors proved to be both too strong and resourceful, placing lots of funding into marketing, while his company did not do as much.

While both Campbell Soup Co. and HTC continue to make money, reduced efforts on the marketing front are definitely reasons of concern for top executives.

While you may be hesitant to spend money on marketing, you can’t deny its importance.

Among the key facets to zero in on:

* Cohesive message – Whether you and your team do the marketing or you outsource it, make sure the message is one in the same. Your message needs to be clear and concise, meaning no confusion and questions for consumers. Make sure the foundation behind your message is solid, therefore allowing you to get a better return on your efforts. This brings us back to the question of whether or not it is better to outsource your marketing needs? On the plus side, you can put it in the hands of professionals who know the ins and outs of marketing, alleviating some of the daily tasks that you need to do to run your business. On the down side, you better than anyone else know your company, what makes it tick, and what its goals are. If you outsource the marketing, those strengths need to be conveyed to the individual or company;

* Social media – You may be the brightest and hardest working business owner going, but how involved and educated are you when it comes to social media? If the answer is not really, then you are missing out on a great opportunity to promote your company. Starting with social media, this should be a no-brainer, yet there are many businesses out there that fail to grasp how easy and effective this tool can be. Not only does having a presence on Facebook, Twitter, Google+, LinkedIn and other major SM sites give you instant access to a larger swath of consumers, but you can be tuned-in to their needs 24/7. You also can focus in on what is being said about your brand, both positive and negative. Lastly, social media is a good tool for you to put out any potential fires in the cases of negative information about you and/or your company. As more and more consumers turn to social media sites and online forums to talk about companies and their experiences with them, you want to be along for the ride;

* Blogging – Do you ever troll different business sites in your free time, only to be amazed how many of them do not have blogs? This is yet another great tool to promote one’s company, still many business owners either don’t want to take the time or fail to realize the potential of blogs. Your company blog is a great marketing tool in telling consumers what you offer, how you can stand out as an authoritative figure in your respective industry, and how you are up to speed with what is going on in your field. If you have yet to actively engage in blogging, take note that it needs to be relevant, update on a regular basis, and promoted. If you are not willing to do it right, then you’re probably best served not doing it at all;

* Relationships do matter – Lastly, how often do you reach out to your current list of customers? They may seem silly, but contacting them with a quick email or other form of communication on their birthdays, offering them special deals, and asking them if you can do anything else for them are all important. In a day and age when consumers have so many different options to choose from, building your relationship with them is key. When your customers feel valuable, they are apt to want to continue doing business with you. If you take them for granted, they may very well take their business elsewhere.

So, where are your marketing plans and budget as we head into the halfway point of 2013?

Photo credit: keyhousemedia.com

About the Author: With 23 years’ writing experience, Dave Thomas covers a variety of business and consumer topics, including convertible car seats.

Filed Under: Business Life Tagged With: bc, budgets, customers, marketing, small business

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