Abracadabra – The Magic of Business Analytics

Do you believe in magic? If you have ever seen the results of expert business analytics then maybe you do. This is because the effects of implementing business analytics processes in business can seem magical. However, these impressive results are due to the processes, techniques, and software that is used and not to the waving of a wand.

Although it has to be said that the insight and advice provided by business analytics experts, such as the team at Global Resources LLC, are equally as impressive as any magic spell. They are produced using the winning ingredients of experience, expertise and state-of-the-art tools. So how does the seemingly magical art of business analytics actually work and how does it help the wishes of business come true?

What is business analytics?

Let’s start by looking at what business analytics actually is, and why it’s less about magic than it is about skill and expertise. The basis of business analytics lies in investigating and exploring business performance and practices. This exploration helps to inform business planning and strategy going forward.

The investigative process involves the use of data and statistics. Consistent methods are used to measure past performance and assist in planning for the future of a business. During the analysis process, tools such as querying, reporting and Online Analytical Processing (OLAP) is used in order to answer questions about what is currently happening, what problems there are and what actions need to be taken.

How does the business analytics magic work?

While business analytics is technically not magical, it certainly feels that way. So, how does this happen?

Businesses use data analytics in order to make decisions that are based on data. This means that these businesses regard the data that they have as a valuable asset. In order for this asset to be used effectively, the business needs to be dedicated to making data-based decisions, the data needs to be high quality and the analyst needs to be an expert who is knowledgeable about the business. Generally, the analysis process follows a similar pattern.

  • The methodology for the analysis is decided upon.
  • Relevant data is collated, to be analyzed. This normally involves the analysis of a small sample set of data initially.
  • Patterns and relationships are identified and questions are asked and answered until the needs of the business are met.

Different types of business analytics

There are different types of business analytics which can be used in various situations. These different types include:

  • Descriptive analytics which helps with the tracking of performance against KPIs in order to understand the current situation within a business.
  • Predictive analytics involves looking at data about trends in order to identify what is likely to happen.
  • Prescriptive analytics uses data concerning past performance in order to help plan for future similar situations.

You can see that although business analytics are based on hard data, the results that can be achieved can seem like magic. Of course, this only happens when the data is of high quality, the business is committed to making data-driven changes and the data analyst is knowledgeable and experienced.

How Valuable is Your Business?

If you are thinking of selling your business, or you need to know its value for other reasons, you may be wondering how to go about determining its worth. The truth is that the process can be complicated.

This is why it’s usually a good idea to work with an experienced business valuation expert. If you take a look at Global Resources LLC Reviews, you can see how important this service can be. However, it does help to have some awareness of the valuation process. There are usually three steps to take which can provide a close estimate of the value of your business.

Determine the Seller’s Discretionary Earnings

If you use the tax returns for your business to calculate revenue, the resulting figures are unlikely to be an accurate reflection. This is because most smaller businesses report expenses on their tax returns in order to reduce the burden of the tax.

This is why the SDE needs to be calculated, in order to determine the actual revenue of the business. To do this, expenses that are not essential to the running of the business need to be added back in. Some examples of expenses that may be claimed on tax returns, but should be added back in order to calculate the SDE, include:

  • Salary of the owner or owners.
  • Perks of the business such as personal travel.
  • Expenses such as depreciation and amortization.
  • Donations to charity.
  • One-time expenses are not likely to be repeated.

Calculating the SDE is the first stage of the process.

Working out the right SDE multiplier for your business

This is where the process becomes a little more complicated. This is because working out an SDE multiplier is not an exact science. There are several factors to be taken into account such as the location of the business, the current situation within the industry, the size of the business and what tangible and intangible assets are available.

If your business is within a growth industry then the SDE multiplier is likely to be higher. You can take a look at suggested industry multipliers online. However, you also need to factor in considerations such as how dependent the success of the business is on the current owners. This could obviously have an adverse effect on the multiplier and the eventual valuation.

At this point in the process, it’s often necessary to get help from a business valuation expert. Once the SDE multiplier is known it’s time to move on to the third stage of the valuation process.

Add the assets of the business and subtract the liabilities.

In most cases, when a smaller business is sold, the buyer usually gets the tangible and intangible assets of the business. The seller usually retains the liabilities. This is why the assets and liabilities of the business need to be calculated.

Assets can be tangible or intangible. They are items or factors that have not been included in the SDE calculation. Tangible assets are physical things that are owned by the business, such as business premises. Intangible assets have no physical presence but still, have value. This can include items such as trademarks or patents.

Liabilities are financial obligations, including debt, which the business is responsible for paying. Normally, the seller maintains responsibility for the liabilities and pays them off with the proceeds of the sale.

Once the number of liabilities has been subtracted from the total financial value of assets, you can move on to the fourth stage of the process.

Business valuation formula

The final stage of the process involves using the business valuation formula to calculate the value of the business. The formula works as follows:

SDE x SDE multiplier + assets – liabilities

It’s important to say that this is a simplified version of the valuation process. In order to get a more accurate picture of the value of your business, you should work with a business valuation expert.

The Power of Motivation in Growing a Business

“Motivation is the art of getting people to do what you want them to do because they want to do it.”

This quote from Dwight D Eisenhower encapsulates just how powerful motivation can be in helping to grow your business. In fact, employee motivation is a critical factor in business success. The problem is that many businesses and organizations do not recognize this importance. When this happens, employees become disengaged and productivity levels are not optimized.

If you look at Global Resources Reviews you will find experts who can analyze your business performance and results, and advise you on how important factors like motivation are. You can also learn more about the power of motivation yourself, starting with why it’s so important.

Why is employee motivation so important

As Eisenhower said, motivating people to help you to get them to do what you want them to do. This happens because they want to take the required action. So, motivating your employees encourages them to perform at their best, which in turn improves the overall performance of the business.

On the flip side, if you fail to motivate your workforce they are unlikely to be engaged with the aims of the business. This means that they are more likely to spend time looking for other employment or texting friends than they are concentrating on their work. Knowing all of this helps you to see how important motivation is to your business.

What are the business benefits of a motivated workforce?

Let’s examine the benefits of employee motivation in more detail. These benefits include:

  • Improved employee commitment. The people who work for your business are more likely to put more effort into their work if they are motivated to be committed.
  • Employees that are more satisfied. Employees who are satisfied in their work are less likely to seek employment elsewhere. This helps to reduce staff turnover and creates a stable and knowledgeable workforce.
  • A workforce that is dedicated to personal and business growth. As the people who work for you to meet their personal and work goals, so their high levels of motivation are responsible for them continuing to learn and improve their knowledge and skills. This personal improvement helps the overall business to improve and grow.

How to improve employee motivation levels

If the employee motivation levels in your business are not as high as they should be, there are steps that you can take in order to improve them.

Pay attention to communication

Good communication is vital in any workplace. One of the main reasons for this is that communicating openly and consistently with employees helps to keep them motivated. Aside from regular open and honest communications by email and newsletter, business owners and managers should also communicate with employees in person.

For instance, you may want to take part in team meetings on a regular basis. You may also want to take your breaks and lunch with everyone else so that you do not seem removed and distant.

You also need to make sure that you listen as well as talk. This means that you should be open to hearing about employee ideas and concerns. This is a valuable way of improving employee motivation and potentially improving business practices.

Make sure that people feel valued 

If the people who work for your business do not feel valued they are unlikely to be motivated. This is why you should always remember to say thank you for a job well done. This does not have to be a formal arrangement, although staff recognition schemes can be a good idea. Often a simple “well done” is enough to tell someone that their effort has not been wasted. 

Create a positive place to work 

Sometimes, a lack of employee motivation can be due to a less than positive work environment. This is why it’s so important to make sure that you create a positive workplace for your employees. There are several things that you can do to make this happen including:

  • Concentrating on employee health and wellbeing.
  • Encouraging employees to have social interaction.
  • Providing light and airy workspace.
  • Creating positive and achievable goals.
  • Ensuring that mistakes are learned from and not just taken as an opportunity for blame.

You can see how powerful employee motivation can be in helping your business to succeed and grow. If motivation levels are not currently optimized, you should take action to improve them.

Have You Had a Lightbulb Moment?

You do not have to be Albert Einstein for your idea to be of value. The truth is that all successful businesses start with a spark of an idea. The skill lies in being able to turn a lightbulb moment into a thriving business.

This is not an easy thing to do and it requires the investment of a lot of time and effort. You also need to be highly motivated and patient. You should not expect to see outstanding results straight away as this very rarely happens. However, it is possible to turn a great business idea into reality if you persevere. There are certain steps that you should take, in order to make success more likely

Understand what problem your idea can help with

Every product or service on the market is designed to help resolve a problem in some way. For instance, Uber was created to help a customer to reach a destination in a timely manner, more affordably. You need to consider your idea and get a complete understanding of what specific problem, or problems, it can solve.

Establish your target market

Once you have an understanding of what problem your product or service can solve, you need to establish what type of customer would have that problem. This is the type of person that you want to appeal to.

For instance, you may have an idea for an educational toy for children. It may be intended to help develop their cognitive abilities. The most likely people that you want to appeal to are mothers of young children. Having this information allows you to recognize where you will place yourself in the market.

Get the support that you need

It’s unusual for entrepreneurs to succeed entirely on their own. This is why you should seek out the help that you need. The sources of this help can vary. For instance, working with business analytics and management experts like GR-US.com can give you the insight you need to grow your business.

You may also decide that you want to partner with someone who has the business attributes that you lack. Many entrepreneurs also find it useful to build up a network of potentially valuable business contacts.

Create a business and financial plan

You cannot hope to turn your light bulb moment into business success without planning effectively. This is why you should make sure that you have a well thought out business plan in place right from the start. The business plan should include information such as:

 

  • The type of product or service that is being provided.
  • The physical location of the business.
  • Workforce plans including costs.
  • Forecasts for expected revenue.
  • Financial plans including the cost of financing the business.
  • Competitor insights.

 

The business plan that you produce can be used to help you acquire the financing that you need. It’s also a good way of explaining the business ethos and aims to people that you go on to employ so that you ensure they are on- board.

Establish where the financing is coming from

Any new venture needs to have a source of capital in order to get off the ground. This money can come from several different sources such as:

  • Self-funding.
  • Loans from friends and family.
  • Loans from banks and other financial institutions.
  • Angel investors.
  • Venture capitalists.

If you do not have the financing in place, then the business is not going to succeed. That is why this stage of the process is so important.

Test the water

No matter how great you think your original idea is, there is no guarantee that the product or service will be a success. This is why it makes sense for many businesses to build the minimum viable product (MVP), and ask for feedback before going any further. Doing this enables a business to make changes to a product or service should the feedback uncover any issues.

It’s possible to go from having a great idea of creating a business that succeeds. In order to give your business the best chance of success, it’s important to take all of the necessary steps and be willing to invest a lot of time and effort.

Identify the Best Social Media Platforms for your Business

While most associate social media with friends’ photos and angry political interactions, this emergent form of communication actually has far more to offer to a business that harnesses its ever-growing potential. The Yellow Pages have been tossed by the wayside in favor of new opportunities to advertise your business and grow your revenue – all online, often for prices that scale with your needs.

But not all social media platforms are alike, both in structure and in the primary audience. While a diversified social media presence is the best method engaging today’s digitally-attuned consumers, your business’ best bet is to select social media platforms that make the most optimal use of their existing resources.

Consider checking out the following social media platforms today to learn about what they can offer your business’ bottom line. Global Resources LLC reviews are another great place to learn about information to sustainably grow your business’ customer base.

Facebook

As the largest player in the social media industry, it’s no wonder why so many companies have already created business-centric pages on Facebook. This platform has the largest and broadest audience by far – nearly 2 billion users per month – making it the best platform for advertising.

In addition, Facebook’s built-in SEO functionalities make it a great onboarding location for prospective customers researching their next product or service purchased through a search engine.

Facebook is also a very visual medium, in part due to its ownership of photo-blogging platform Instagram. As such, this is also a great platform for uploading videos and photos through a familiar interface. Just remember to optimize your content for mobile use because over 90% of Facebook’s users access the platform from their mobile app.

LinkedIn

Though it originated as a job searching platform, LinkedIn has evolved into the professional social media platform of choice. On this platform, businesses publish market-relevant content, network with other companies, and establish their personal brand in their respective industries. As such, any business that provides professional services to other businesses shouldn’t pass over the opportunity to build a robust LinkedIn presence.

That being said, LinkedIn hasn’t left its origins behind. Through its proprietary algorithms, LinkedIn today is able to match prospective employees with job openings listed by your business in mere minutes. With a major portion of the American workforce maintaining a LinkedIn profile, you certainly shouldn’t ignore LinkedIn if you ever expect to hire new, high-quality employees.

YouTube

Streaming video continues to gain more attention from online consumers due to its growing availability and increasing integration with existing social media platforms. If you provide a product or service that would benefit from visual advertisement, then YouTube is the way to go. With free accounts and user-friendly interface, YouTube is certainly the best option for uploading business-related videos.

Recently, YouTube has made it even easier to advertise on its platform. All you need to do is upload a relevant video and then adjust a few settings to allow it to be served as an ad on other users’ videos. Soon enough, you’ll be able to draw in fresh revenue through YouTube.

Some Alternate Platforms

Of course, these aren’t the only social media platforms on the block. Other major platforms of interesting include Instagram, Tumblr, Snapchat, Tik Tok, and more. Each of these platforms makes use of certain content formats and targets specific demographic subsets, so be sure to do your social media marketing research before investing resources into your company’s newly-established social media portfolio.

Understanding your Industry and the Changing Face of the World Economy

“China is stealing all of our industry!”

“There’s no way to compete with nationwide companies!”

“Small business and farmers don’t have hope anymore!”

There are a thousand ways to say it, but they’re all the common refrain of an all-to-common song many American business owners today are singing. In many ways, the concerns expressed in these vocal complaints are well-justified, given the challenges faced by individual business owners in light of a changing worldwide economy. But that’s no reason to take matters sitting down.

Instead, American business owners, today should take some extra time to evaluate their options and determine if there are more ways for them to improve their core product or service and better serve their immediate customer in turn. Global competition will only continue to rise, so American business owners must also do more to inform themselves and advocate for their own future.

This article will provide you with a brief primer on some of the methods today’s business owners can use to take their economic future into their own hands. The experts at GR-US.com can build upon these ideas with input through their affordable consulting services.

Identify the Basics

Before you jump into action, take some time to review your industry as it stands today. In particular, you should identify your industry “leaders” as well as any immediate competitors of your business’ size or in your geographic region. More than anything else, these industry players will influence competition through broad and regionalized leverage on price averages.

From there, take time to identify those competitors’ strengths, weaknesses, opportunities, and threats through market research. In doing so, you might be able to carve out a niche by finding a presently underserved market demographic. Also, this research will better acquaint you with so-called “market realities,” making you less susceptible to influence from sensationalized news sources.

Global Sales with Global Implications

While you complete your industry basics research, you’re likely to run into at least one clear conclusion: today’s economy is more global and interconnected than ever. While this is a simple truth, becoming well-adjusted to this fact can help you transition from outrage towards foreign competition towards a state of optimizing your engagement with emergent markets abroad.

Of note, this ever-growing network of economies means that supply and demand chains are also growing more interconnected. As a result, you should also complete thorough research into what supply chains primarily feed your business’ core product or service. In doing so, you’ll be better able to plan for and remain flexible to economic changes beyond your control.

Advocating for Yourself

Of course, learning all of this information about your industry isn’t for rhetorical implementation alone. Indeed, you’ll be able to use all that you’ve learned through your research to better advocate for yourself and others in your line of work.

One of the best ways to put your newly-informed stature to use is by petitioning your state and national representatives to support legislation that favors your industry. This is especially important when your personal views, as a member of the industry, differ from those of your representative. While you may not be successful every time, this is the best way to hold those with broad influence over your livelihood to account.

Resolving Conflicts in your Business with EAR

Simply put, conflicts are not good for business. They can happen between employees, between managers, and among clients. No matter who it involves, it always cuts into efficient business operations and causes a hostile atmosphere to form around your company. Conflict resolution can be challenging, but the EAR method is one method for finding mutually beneficial solutions to these tense situations.

Every company and a team of professionals experienced conflict at one time or another, so it’s nothing to shy away from. Regardless of its roots in differences in personality, values, or perceptions, the EAR method can help you resolve conflicts by clearly expressing the several viewpoints, addressing points of contention, and working to resolve the conflict.

EAR can serve as a productive tool for maintaining working relationships both within and in connection to your business. Those looking for more applicable management solutions should also consider contacting Global Resources LLC today.

E – Express

Before all else, all parties in a conflict should be encouraged to fully listen to one another. This can foster better awareness and lead to more productive resolutions down the line. This listening should not be biased by prejudice whenever possible. When listening, be sure to take all forms of verbal and non-verbal communication into account.

Once all parties are properly listening, each party can begin to express their opinion or side in the conflict. These statements should be as detailed as possible and should always focus on “I” statements (such as “I want to change this policy…”). Along the same lines, all affected parties should express what they have done to meet their desired outcome.

A – Address

With the facts of the conflict laid out for all affected parties to see, a mediating party should begin to address primary and secondary points of contention. While this appraisal should focus on points core to the conflict, it should also address supplementary barriers to understanding (such as a raised tone of voice or exaggerate body language).

The mediator in a conflict should address the conflict from an impartial standpoint, using language such as “I got it” and “This is what I hear you saying…” in order to confirm a conflicting party’s viewpoint. The mediator should also ask the conflicting parties what a mutually beneficial outcome would look like, based upon their individual viewpoints.

R – Resolve

When the time is right, the mediator should return to the conflicting parties and discuss their preliminary resolution. If this resolution is accepted by all parties, then no further discussion is necessary. However, if further conflict exists (such as one party stating displeasure with the proposed resolution), the mediator should return to the “Address” stage and repeat the cycle as many times as is necessary.

Depending on your business’ hierarchy, additional consultation may be appropriate when working to resolve both internal and external conflicts. Middle-level managers, for example, may work with their own bosses to create a well-informed conflict resolution plan for their subordinates.

In any case, the resolution step is absolutely crucial when it comes to defusing harmful conflicts and returning your business operations to peak efficiency.

Key Business Tax Changes in the “Tax Cuts and Jobs Act”

As it stands, some business owners are still catching up when it comes to understanding the changes to the tax code brought on by Tax Cuts and Jobs Act of 2017. Though this legislative reform was hailed for its changes to the personal tax code, it also included tax code changes that are relevant to business owners who want to maximize their deductions without incurring any additional audits.

The following are just a few of the significant business-related changes detailed by the IRS in 2018. Whether you file your own taxes or work with an outside firm, you should take time to review these changes so as to ensure your business remains compliant with the updated tax code. For more information on strategic tax planning, consider checking out Global Resources reviews, as well.

Qualified Business Income

One of the most significant business-related changes resulting from the 2017 tax reforms focuses on so-called “qualified business income deductions.” Specifically, businesses with operational structures that include a “pass-through entity” may be able to deduct a higher amount of their business income in their annual taxes.

The new provision, known as Section 199A, allows taxpayers to deduct up to 20% of their business’ income if it is operated as a sole proprietorship, a partnership, an S corporation, a trust, or an estate. This deduction is available to those that itemize their deductions on Schedule A and those that take the standard deduction. Unfortunately, income earned through a C corporation is not eligible under this new provision.

Meal and Entertainment Expenses

Generally speaking, the 2017 tax reforms have eliminated deductions relating to “activities generally considered entertainment, amusement or recreation.” That being said, some deductions (up to 50%) still exist within this category so long as certain criteria are met. One example includes the purchasing of food or drink as part of the entertainment provided to a current or potential business customer or client.

Also, the taxpayer’s presence at an applicable instance of entertainment may qualify the expense to be deducted. However, if the cost of said food or beverage is stated separately from the entertainment on the bills filed for the deduction, the deduction will likely be denied. Finally, meals considered “lavish or extravagant” will not be eligible for the remaining deductions in this category.

Paid Family and Medical Leave

The 2017 tax reforms did add some new employer tax credits for application to expenses relating to paid family and medical leave among a business’ employees. In short, the tax credit is designed to pay back a percentage of wages paid out to employees absent from work due to sick or family leave during a 12-week period of the applicable year.

In order for this tax credit to be available, qualified employers must have a written policy in place to use it. Also, as a general rule, qualified employees must have worked for the employer for at least a year and have not earned more than a certain threshold ($72,000 in 2017) in the previous year.

This new policy is subject to further criteria, outlined here by the IRS.

 

Working Full-Time But Starting a Business? 6 Tips to Help You Out

If you have a business idea you’ve wanted to run with for quite some time, it’s tempting to quit your current full-time job and focus solely on your start-up. Once reality sinks in though, you realize that, unfortunately, that isn’t the most likely scenario.

The truth is, many start-ups come from those working full-time. You will still have a mortgage and bills to pay for while you start your new company. Unless you have a significant safety nest set aside, you’ll need your current job to keep living.

Just because you work full-time though, that doesn’t mean you can’t start your own business. Global Resources LLC has a few ways to help you get your business going without quitting your day job, at least not right now.

Understand Your Current Employment Contract

Before you begin anything, make sure your employment contract allows you to have a side business. Many employers are pretty okay with an employee running a side business while working full-time, as long as it doesn’t compete with the current job. However, it’s best to speak with your employer before you start anything. You wouldn’t want to go through all the work, only to find out that your contract prohibits you from doing so.

Consider Partnering

Starting a business is a lot of work, let alone your daily job you have to attend to. It may seem overwhelming when you think about it because it usually is. That is a lot to fit into one day while still having somewhat of a life.

Consider having a co-founder or partner to work alongside with. That way, you can split up the work between the two of you. Look for one that has the same values as you and shares the same passions.

Start as Part-Time

Although you may want to run forward with your business plan with full force, it’s not a bad idea to pull back on your side job first. Consider running it as a part-time job. It’s a great way to test out your business idea before fully committing to it too.

Learn to Prioritize

When you have a full-time job and looking to start your own gig, prioritization will be critical moving forward. You won’t be able to do everything in one day, so you’ll need to work on tasks according to their importance level. If your regular day job starts slipping, but your side business isn’t ready to go on its own yet, you’ll want to re-evaluate your priorities.

Don’t Use Work Time for Your Business

If you have the okay from your boss to start your own company, don’t push it. Keep your current day job and your start-up separate. Imagine how you would react if you found an employee working on their side job during regular work hours – likely not very well.

Remember, It’s Not a Hobby

As you maneuver through the life of working full-time and starting up a company, it’s essential that you remember it’s not a hobby, it’s a career choice. Especially if you’re taking a hobby and turning it into a business, treat it as one.

Starting a company while working full-time is doable. It will take a lot more organizing, prioritizing, and likely a few sleepless nights. However, if you’re dedicated to your new career choice, then you’ll be able to persevere.

Feeling Underappreciated at Work? 5 Tips to Keep You Motivated

No one wants to feel this way, but many workers do. Feeling underappreciated at work is a fairly common thought to have amongst workers. If that feeling continues, it quite often leads to the worker resigning and doing something different.

Feeling underappreciated can also affect your motivation to do your job. If you don’t feel like you’re contributing with the work you do, why would you want to continue with it?

No matter what the reason is as to why you feel underappreciated, it’s a hard feeling to get over. Don’t let it affect your motivation. Global Resources Reviews has five tips to help you stay motivated when you feel underappreciated.

Set Small Goals

When you lack motivation, it’s hard to get focused on work, which affects your production levels. So, expect to not complete as many tasks as you typically would as you work through this hurdle.

One way to help you stay motivated is to set small, attainable goals. When you achieve those small victories, it helps give your mind a positive boost to counteract the negative feelings. The more you can have these victories, the more positive you’ll start to feel.

Take a Break

Sometimes, all you need is to step away from your desk and give yourself a moment to breathe for 10 minutes. The feeling of being underappreciated takes its toll on your emotions. When your emotions are running high, it leads to irrational thinking and outbursts, all things you don’t want to have happened on the job. By taking those breaks when you feel at your most emotional point, it allows you to collect your thoughts and cool down.

Recognize How Your Work Contributes

There’s a reason why you’re at this job, whether it be for yourself or because the company needs it. Even if your boss doesn’t recognize your work, that doesn’t mean it isn’t valued in the overall scheme of the company.

Take a moment to go back to your job description to remind yourself that your work does count for something. The things you do likely help contribute to the bottom line, or it may ease up the workload on another employee to focus on something different — all of these matters.

Focus on Your Future Development

If you feel like you’re not contributing to the company and are underappreciated, then shift your focus on to yourself. You may be at the point where it’s not that your skills and work is underappreciated, it’s that you need to challenge yourself more. If that’s the case, then a conversation with your boss about taking on a new role or responsibilities is necessary.

Speak Up

In some circumstances, although it doesn’t make necessarily make things better, your boss doesn’t realize how you feel and that he or she is contributing to those feelings. It isn’t the most comfortable conversation to have, but you may get the point where you need to speak with your boss about these feelings.

Have a private meeting with your boss on why you feel underappreciated. Let them know what happens (or doesn’t happen) throughout the day that contributes to these feelings. It could be that your boss needs a reminder to show recognition and reward employees for a job well done.

Feeling underappreciate is not a fun thing to deal with. However, don’t let that negatively affect your work. Use these tips to help you stay focused and motivated to continue doing a good job.