Business | Shannon Procise

How to Get Your Best Employees to Stick Around

July 19, 2022 By Shannon Gronich Leave a Comment

When you are running a business, it is always a challenge to make sure that you can retain the great people around you. And, your business will function best when it is actually supported by a strong team of amazing employees. That means that you need to figure out a way to make your business the kind of place where your employees want to stay in the long term. This won’t prevent all turnover, but it will help you to keep your business full of great employees.

Make Sure Their Roles Are Fulfilling

The best employees want to feel productive and fulfilled in the work they do. That means that you want to make sure that you are giving your employees the challenges and support they need. It’s important for you to keep an eye on your employees and make sure that they are feeling excited about the work they are doing. When they aren’t feeling fulfilled, it’s important to make it a point to talk to them about how they can be better fulfilled in the workplace. Make sure that conversation is positive and that your employee knows that you want to help them to be happier at work.

Expand Your Benefits

The benefits you provide your employees are an important part of retention. You want to provide benefits that will support your employees now and in retirement. These benefits can also serve as a fairness check for own business, as safe harbor retirement plans help you satisfy non-discrimination requirements. When you offer great benefits, you provide your employees with support and a good reason to hang around.

Encourage Time Off

Over the past several years, many companies have started offering unlimited PTO plans as a way to encourage new employees to accept positions. However, this can backfire in terms of retention if you don’t actually have a strong company culture that encourages using that PTO. Taking time off for illness and vacation actually has a positive impact on productivity and helps your employees to feel supported in the office. It’s important that you offer not only a good PTO policy but that you create an environment where your employees feel trusted to take time off when they need it.

As an employer, you want to make sure that your employees feel happy in their work and with your company. Listen to their concerns so you can make the workplace a better experience for everyone. When you are able to create a positive work environment for your employees, you can keep them around longer.

Check out this article on what every business these days needs to stay organized!

Filed Under: Business

Major Costs That You Need to Control in Your Business

July 13, 2022 By Shannon Gronich Leave a Comment

Running a business is one of the hardest jobs that you can take on, regardless of what industry you are in or how many employees you have. At the end of the day, no matter what your business is, the key to success is controlling your costs and keeping them lower than your revenue. But if you have ever run a business before, then you know that the costs can quickly get out of control if you aren’t prepared. Here are three major costs that you need to control in your business to maintain success and stay profitable.

Office Space

Perhaps the most expensive cost that your business will incur each month is the rent on your office spaces for employees. The more employees you have, the more space you need, which means higher costs. The great thing about office spaces in today’s world is that you don’t need them. Most work can be done remotely, and especially when you are first starting your business, office space can be more of a hindrance than a help. Consider moving as many of your employees as possible to remote work so that you can keep office space costs under control.

Customer Service

Many business owners also underestimate how difficult it can be to control customer service costs for their businesses. Customer service is a critical part of your business services, but at the same time, you can’t spend every dollar you earn on customer service. Using chatbots for customer service can significantly reduce costs for your business. Most people just need answers to simple questions that bots are more than capable of handling. This lets your real customer service experts focus on the few requests that require personalized attention to resolve, saving you time and money.

Supplier Contracts

The final major cost that you need to control in order to keep your business success is supplier contracts. The businesses that supply you with products, supplies, and anything else are going to have monthly fulfillment contracts with you. But overtime, these contracts can get very expensive and can get in the way. Make sure that you are negotiating with your suppliers to get the best deals. The more you order, the more they will be willing to cut you a discount.

Running a business can be summed down to ensuring that your business makes a profit. In order to make a profit, you have to keep your costs under control. Make sure that you are aware of these three major costs at your business and how you can keep them under control.

Check out this article on what business expenses are tax deductible!

Filed Under: Business

How to Start a Business in the Beauty Industry

July 13, 2022 By Shannon Gronich Leave a Comment

The beauty industry is one that is full of opportunities, and you can find your expertise in lots of different areas. Getting into the beauty industry can be done in several ways. You just need to find the approach that works best for you.

Start a Beauty Blog

As you’re getting started, you might consider starting a beauty blog. With a beauty blog you can begin getting your name out there and sharing what you know. This is a chance for you to explore your expertise and also provide helpful information for others. Over time, your blog can grow and you can begin expanding what you do. Many beauty bloggers begin making their own products or starting their own beauty related business. Having a beauty blog is an excellent place for you to start as you begin making your way into the beauty industry. As you start your blog, make sure you are consistent and put out plenty of content so you can capture people’s interest.

Open a Beauty Salon

Another great option to begin your step into the beauty industry is starting your own beauty salon. At your salon, you can offer a variety of services based on your expertise and interests. To give your salon an extra boost, you should make sure you are aware of the current trends. People will be looking for salons that can offer services that help them look stylish and trendy. Lash lifts are one of the most popular treatments clients look for. This beauty treatment changes the shape of your lash so they point upwards and create an attractive look for your eyes. Keep in mind that these differ from lash extensions. If you offer services like this, you will likely see more customers.

Do Freelance Work

If you have experience doing hair or make-up, then doing freelance work is a great way to start off in the beauty industry. For example, you can cut and/or color hair right from your own home. Many people enjoy the more personal feel of working with a freelance hairdresser because it gives them special attention and provides a different experience from a salon. Additionally, working as a freelancer gives you more flexibility. You can decide what jobs interest you and what work you’re willing to do.

The beauty industry covers a wide scope of products, services, and activities. You have many opportunities when it comes to getting started in this industry. Consider your interests and expertise and discover what will work for you.

Check out this article on what every business these days needs to stay organized!

Filed Under: Business

How to Hire for a Sensitive Role at Your Company

July 6, 2022 By Shannon Gronich Leave a Comment

Hiring a new employee is always a bit of a leap of faith, but when you are hiring for a sensitive role, it can feel even riskier. When you are hiring for a person who will know a lot of confidential information about your company, you want to make sure you make the right choice. Handling the hiring process well can help you to ensure that you end up with a candidate you feel you can trust.

Take Your Time

One of the worst things you can do when you are trying to hire someone, especially for a sensitive role, is to rush things. You want to take your time so you can get to know a wide pool of potential candidates. Taking things slow also gives you room to meet with people more than once and get to know each person a little better. The more you know about them and how they get along with people at your company, the easier it is to know if they will be a good fit.

Conduct a Background Check

If you want to make sure that you know if the person will be a good fit, it can help to run a background check. Background checks are normal practices for many jobs. Through the check you will be able to identify any potential red flags that come up, and decide whether that impacts your hiring decision.

Enlist Help for the Interview

When you are hiring someone who will be filling a sensitive position in your business, you don’t want to hire them on your own. When you can have a team interview them, you will get more insight into the person and how well they will fit in at your company. Having about three people on your interview team is a good starting point since it allows you to ask a variety of questions and learn a lot about the potential hire without creating an overwhelming interview experience. You can also accomplish this by having multiple rounds of interviews since this gives you the chance to meet candidates more than once.

Hiring the right person for the right job is an essential part of running a growing business. By taking your time, and checking into their history you can make sure you hire the right person. This process will also give the chance to talk to your team and decide what is right together.

Check out this article on how to avoid trouble with taxes at your business!

Filed Under: Business

How to Avoid Regrets When Hiring for Your Company

May 25, 2022 By Shannon Gronich Leave a Comment

There are few decisions that make such a sweeping impact on the success of your business as your hiring decisions. This is especially true of businesses with few employees, as each employee’s contribution plays a larger role in the overall success of the company. If you choose the wrong candidates for your jobs, your business can suffer greatly, and you can end up full of regret. Choosing the right candidate is difficult, but with the right tips and techniques, you can do it. Here is how to avoid regrets when hiring for your company.

Make Sure They Fit the Culture

The first thing to consider avoiding regrets when hiring for your company is to make sure that they fit the culture. Your company culture is a major part of the working environment. If an employee doesn’t share the same culture as your business, they will feel out of place and won’t be as helpful as another candidate who does fit the culture better. If your company is focused on customer experience, for instance, you should focus on hiring employees who believe in the value of positive customer experiences. Get a feel for the candidate and how they will fit in at your business before hiring.

Fully Vet Them

Another important way that you can avoid regrets when hiring for your company is to fully vet them before making any hiring decisions. Vetting your job candidates is the process of doing your research into your candidates to ensure that they are a good fit. This involves things like checking their social media, doing background checks, and calling references. References can put your mind at ease if the applicant has a criminal record. Feel free to ask questions about the character and work ethic of candidates to their references.

Choose Qualifications Over All Else

The final way that you can avoid regrets when hiring for your company is to choose the most qualified candidate if all else fails. At the end of the day, what you are trying to look for in candidates for a job is the person best able to take on the responsibilities of the job. If all else fails, you can make your decision based on who has the most experience and education background in the job field to get some with a high level of expertise.

Hiring at your company is always a major decision that cannot be made lightly. If you choose too hastily, you can make decisions you regret. Follow these three steps to avoid regrets when hiring for your company.

Check out this article on how to revamp your company benefits!

Filed Under: Business