HOW TO ESTABLISH AND MAINTAIN ETHICAL STANDARDS OF BEHAVIOUR IN A SMALL BUSINESS Entrepreneurs and small business owners wield great influence in determining the ethical philosophies of their business enterprises. Employees often follow the lead of the owner in executing their duties and attending to their responsibilities, so it is […]
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INCREASING THE CHANCE OF SUCCESS IN SELF-EMPLOYMENT Self-employment refers to the status of an individual who, rather than accepting a position as an employee of another person or organization, chooses to go into business for him or herself. Self-employment offers individuals a number of advantages, from the freedom to work […]
4 MOST COMMON TYPES OF CYBERSECURITY THREATS This article was originally published at nightfall.ai There’s every indication that the pandemic is changing the nature of cybersecurity. Online threats are evolving to match our new remote-work paradigm, with 91% of businesses reporting an increase in cyber-attacks during the coronavirus outbreak. Hackers are getting more and more sophisticated […]
5 TIPS FOR BUILDING A CULTURE OF SECURITY AMONG REMOTE EMPLOYEES This article was originally published at nightfall.ai In one of our previous posts, we highlighted the importance that making security a part of your organizational culture played in keeping your remote workforce secure during the COVID-19 pandemic. But what does that entail? In this […]
WORKPLACE VIOLENCE AS A SAFETY ISSUE Workplace violence is an act of aggression, physical assault, or threatening behaviour that occurs in a work setting and causes physical or emotional harm to customers, coworkers, or managers. Broad definitions of workplace violence also often include acts of sabotage on worksite property. Every […]
HOW TO PLAN A SUCCESSFUL BUSINESS MEETING Meetings, while disliked by many, are an essential part of myriad business operations. They are often the best venue for communications to take place, for issues to be discussed, for priorities to be set, and for decisions to be made in various realms […]
WHY BUSINESS LOCATION IS ESSENTIAL FOR SUCCESS For many businesses, business location is an essential component in its eventual success or failure. Site selection can be pivotal in all sorts of businesses, including retail, service, wholesale, and manufacturing efforts. Poor location is one of the primary causes of business failure. […]
REASONS JOINT VENTURES FAIL A joint venture is a business enterprise undertaken by two or more persons or organizations to share the expense and (hopefully) profit of a particular business project. Joint ventures are not business organizations in the sense of proprietorships, partnerships or corporations. They are agreements between parties […]
WHY BALANCE SHEET IS A VALUABLE TOOL FOR SMALL BUSINESS A balance sheet is a financial report that provides a summary of a business’s position at a given point in time, including its assets (economic resources), its liabilities (financial debts or obligations), and its total or net worth. A balance […]
ENTREPRENEURIAL COUPLES: THE GOOD, THE BAD Many small business enterprises are co-owned and co-managed by entrepreneurs who are also partners in their personal lives. These partnerships, which commonly take the form of husband/wife teams, can be immensely positive experiences, strengthening each other’s commitment to and enjoyment of both the business […]
