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Two Strategies to being a Humble Leader

by Guest Author 10 April 2019 09:15

A business can be a really good idea. A team of employees can be excellent at what they do. Consumers might want the product or service the business is offering. But what does it take to turn these things into a successful business? A humble leader.

Humble Leadership

What words do you associate with the word humble? Lowly, meek. How about considerate and open to feedback? Whatever you are thinking, you probably don't usually put the words humble and leader together. Leaders are supposed to be in control, bossy, and aggressive, right? Maybe some successful leaders are like that. Who do you respect more: a leader who is concerned mostly about the end goal, or a leader who is truly interested in what his employees have to say? An end-goal leader can come off as arrogant and pushy. A leader who humbly listens to others in the company often has the courage and insight to run the company in the right direction.

Getting Employees to Open Up

The best way to find out what the workers are actually thinking is to ask them. Although employees may find it strange to be asked for their opinions, they will soon find that their leader is really listening and respecting them. One question a humble leader can ask is, "What can I do to help you do your job better?" After all, the employees are the ones actually doing the work of the business. If the leader can help them do their job better, he is ultimately helping the company be better at what it does. Another way to help employees open up is to hold informal meetings. Meet them over breakfast to bounce ideas around. Be chatty, but also be very interested and respectful. A leader should be aware that the best ideas can pop up anywhere, not only in scheduled board meetings.

Read more about humble leadership at Harvard Business Review. See how a leader who takes on the role of a servant can foster greater outcomes in a business.

Going Green is More than Recycling

by Guest Author 3 April 2019 07:07

Even small businesses want to jump into the green scene. With environmental awareness reaching new heights all around the world, businesses are more concerned than ever with sustainability, paperless office work, and minimizing the use of harmful chemicals. What if you're just starting out? You are a new small business owner and you want to be green, but what can you do? Here are some practical ways to take your business into the green age.

Recycle

Of course, recycling is important. It's one of the most obvious ways to reduce waste, and waste management companies make it easier to recycle all the time. Find out what programs are available in your area, and pitch in!

Lighting

Make your space more energy efficient with updated lighting. Embrace natural lighting opportunities wherever possible. Consider using renewable energy.

Green Location

If you are still in the planning stages of your business, or you're looking to relocate, consider green space in your business location. Will your building's windows look out onto a beautiful, park-like space? If there is not green space around your location, is there the possibility of planting trees or shrubs?

Indoor Greenery

Office green space does affect employee mental health. Being able to rest the eyes on natural greenery gives an employee a resource to calm himself, be more alert, and improve work performance. This can be achieved with strategically placed windows that look out onto green space. You could add an indoor greenery location into your office plan. You could place a potted plant on your desk. Companies who understand the importance of being (and seeing) green go so far as planning their office space so it provides simple ways to gather together naturally and work as a team in a natural, green environment.

When you start paying attention to your work environment, you find yourself on a continuum of improvement, always moving forward to create a more natural space. Small businesses and large businesses alike can be green-conscious by making small steps toward a better work environment.

Sources: https://www.hrdive.com/news/how-to-embrace-office-green-spaces-for-better-employee-engagement/528187/

3 Smart Budgeting Tips for Small Business Operators

by Guest Author 27 March 2019 09:03

The financial health of your small business is one of the critical requirements for sustainability and continued growth. Every entrepreneur needs to budget wisely for their operating expenses while considering various factors, including the possibility of experiencing slow payments. It is difficult to realize profitability from your small business operations without budgeting accordingly.

Here are some budgeting tips for small business owners, for those who want to succeed as entrepreneurs.

Do Not Underpay or Fail to Pay Yourself

Most business owners fail to appreciate the fact that they are part of the employees in their business. Resisting the temptation of investing money elsewhere within your firm when you need to pay yourself is a challenge you should address as you pay your staff. Choosing to underpay yourself because you are considering saving every penny coming from your business is not prudent because it can become a source of demotivation.

Finding other ways to finance your business expenses is a wise idea, and an allocation of your compensation as the business owner should feature in your business budget. Never justify the need to have a business reserve fund as the reason for underpaying, or failing to compensate yourself as an entrepreneur.

Remember Time Is Money

Various business operators fail to include the time factor as part of their budget because it may appear unrealistic, or they do not appreciate that time is money. When you consider hiring services involving hourly compensation, time becomes a significant factor of consideration if there is a likelihood of delays.

Delays in accomplishing specific tasks will affect customer delivery deadlines, and for that reason, you need to set external deadlines later than the actual time of completing a particular project. Working with realistic timelines when budgeting for your small business can help you avoid the last minute rush, and it will also help you honor your promises to customers.

Involve Your Employees

The effectiveness of the budget you prepare for your small business depends on the contribution of every individual within the enterprise. Involving your employees in decision-making when making your business budget for a particular period gives you access to insight from different backgrounds, which encourages proper budgeting.

Informing your employees of any changes in the initial budget is necessary, for all staff to work towards a common goal.

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