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How to Manage Performance of Employees

March 5, 2020 3 Comments
Proven Strategies to Increase Productivity and Motivation

By ComplyRight –

How many of your employees do you consider actively engaged in their jobs and your business? If you’re like most employers, the answer is probably “not enough.” According to a Gallup report, roughly only 30% of U.S. employees are engaged in their jobs – and this low percentage is mostly attributed to managers and their supervisory style.

Engaged employees feel appreciated and motivated to perform at higher levels. They also are loyal to their company and less likely leave when other offers come around. So what can you do to foster engagement? One proven strategy is to implement an ongoing performance management system. (more…)

Six Tips For Women In the #VetBiz Workforce

March 2, 2020

BusinesswomanAre you interested in joining the women veteran small business community? There are 2.5 million veteran-owned small businesses in the United States. And get this: 15.2% of these businesses are owned by women.

You have what it takes to become an entrepreneur, and the SBA is ready to support you every step of the way. From specialized training programs for women to general resources for veteran small business owners, SBA and its partner programs have the tools to help you achieve your business goals.

Here are six tips to help you succeed as a woman veteran entrepreneur.

1. Check out a Boots to Business class

Boots to Business is the perfect first step for women service members and veterans (including spouses!) who are interested in transitioning into small business ownership as the next step in their career. This entrepreneurial education and training program will introduce you to the business fundamentals that go into launching a business, including market research, legal considerations, financing, and more. Plus, Boots to Business can help you determine if business ownership is right for you. (more…)

Infographic: How to Buy and Sell a Business, Grow Big and Cash Out

February 24, 2020
By Bob House, BizBuySell –

This handy infographic illustrates, step-by-step, how to buy an existing business and be your own boss. But it doesn’t stop there! Next, turn it into a valuable asset, attract buyers and sell it for a healthy price. Done right, buying a business is a journey to financial independence.

According to the BizBuySell Insight Report, businesses continue to change hands at a steady pace. Retiring Baby Boomers are fueling the market with an ongoing supply of strong performing businesses. At the same time, demand remains strong, with more qualified buyers and better financing options.

To get started in your journey of buying or selling a business visit the BizBuySell Learning Center or download our free Guide to Buying a Small Business or Guide to Selling Your Small Business. (more…)

Three Ways to Make Networking Events More Successful

February 18, 2020
By Ramon Ray –

People networkingYou know that attending networking events is important for the growth of your business, but are you getting the most out of them?

Many entrepreneurs go armed with a bunch of business cards and a goal of getting them into the hands of as many people as possible. That strategy doesn’t work.

If you’re not sure how to make your networking events more productive and useful, here are three surefire ways:

1. Make a Goal

A networking event is a business meeting, right? And you wouldn’t go into a business meeting without a goal in mind. For a typical business meeting, your goal might be to close a sale. Except networking is a different kind of business meeting. It’s not about making sales. Think about it. Have you ever wanted to buy something from someone the first time you met them? Unlikely. You may have heard of the Marketing Rule of 7. It states that, on average, a potential buyer needs seven interactions with your brand before making a purchase. (more…)

America’s #SBDC Showcases Clients in the Nation’s Capital

February 14, 2020

America’s Small Business Development Centers (SBDCs), SBDC leaders, advisors, clients, partners and stakeholders gathered on Capitol Hill for the sixth annual Client Showcase and Reception on Tuesday, February 11th. Representative Steve Chabot of Ohio, Ranking Member of the Committee on Small Business, addressed the reception guests. Several of his colleagues also visited the reception, in which America’s SBDC Network showcased 10 SBDC clients from across the country.

The SBDC clients are:

• Inergy Solar, Idaho SBDC Network
• Sun Buckets, Illinois SBDC Network
• Hotel Tango Distillery, Indiana SBDC Network
• EMP Shield, Kansas SBDC Network
• Oceans 97, Louisiana SBDC Network
• Atlas Space Operations Inc., Michigan SBDC Network
• Geopipe, New York SBDC Network
• Earthquaker Devices, Ohio SBDC Network
• Red Hawk Construction Inc., Oklahoma SBDC Network
• Woom Bicycles, Texas, South-West Texas Border SBDC Network (more…)