Employee incentive programs are highly effective methods of boosting employee morale and driving engagement. This leads to higher rates of retention and increases in productivity. Worldwide, this is a $100 billion industry, with $46 billion being non-cash incentives....
The last two years have been challenging for all organizations, particularly because of the impact of the Covid pandemic. Many people lost their jobs or had the way they work change dramatically at times. As economies and businesses recover and start to take on fresh...
Anyone who owns their own business will at some point exit the business. Preparing a business exit strategy allows you to plan for one or more methods of exiting so that you can maximize your business value and walk away with as much money as possible. Understanding...
When you are busy running your business, often you are focused on where the next dollar is coming from and how to make the business more profitable and successful. But as Steven R. Covey quoted in a chapter of his best-selling book “The 7 Habits of Highly Effective...
There are many instances where liquidation is the best or only practical choice for exiting your business. Many tradespeople run their own business, which is just themselves, their tools, a vehicle and perhaps they employ some staff as laborers or casual workers. Once...