Many small business owners are turning to e-learning for more effective employee training courses. Here are some tips for creating an e-learning course that gets noticeable results for your company. Plan Like a Teacher  Plan as a teacher would by utilizing best practices and techniques for long-term retention of information. For example, although you deeply…

17A substantial number of small business owners have no formal strategy for retaining their employees. Many owners react by offering a pay raise or promotion when an employee gives notice that they’re leaving. If the employee decides to stay, it costs your business more money, and the worker typically leaves in six months because the…

Helping your business prosper means restructuring at times. Learn how to restructure your organization with minimal disruption for maximum effect. Align Business Structure with Strategy  It’s essential you align your business structure with your strategy. For example, if your goal is increasing sales and marketing results, focus on those areas during your restructuring process. This…

Budgeting shows you where your company’s money is coming in and going out, which helps you make more effective business decisions. Therefore, it’s important you properly estimate your revenue and expenses, so you avoid an income deficit and/or spending surplus. Here are four common budgeting mistakes to avoid, so your business continues prospering. Overestimating Revenue…

Because HR handles the majority of your employee issues, it’s important you manage your staff appropriately. Here are four areas you’ll want to focus on to ensure HR keeps your business operating smoothly. Recruiting & Training  HR needs to create strategies for hiring top talent for each position. Pros determine what skills and experience are…

Coaching helps develop your employees as valued members of your organization. Find out how you can implement coaching in your small business, and why it’s essential for growing your bottom line. Steps to Coaching Your Employees  When coaching your team members, remember that mutual trust is required for positive and corrective feedback. Otherwise, your advice…

As important as succession planning is for every business, very few companies successfully create and implement such a plan. Find out what a succession plan entails, why it helps your organization, and how you can implement one now. What Is Succession Planning?  Succession planning is the process you use for recruiting and developing employees for…

Networking online helps you research and connect with companies and professionals in your industry. You establish professional relationships that could lead to new jobs, consulting work, and more. Discover some essentials you’ll need for successful online networking and the benefits you’ll receive. Tech Savviness  Social media has a huge impact in the business world. Facebook,…

As a leader in your organization, you have a massive impact on your workers. Here are three ways that your informal leadership skills affect your team members and why those skills are so important. Welcoming Change  Embracing change is an essential skill that should be modeled for your workers. Change is what creates innovation and…

Advancements in technology mean substantial benefits for your company. Find out how eLearning can replace your employee handbook, help engage your workers, and improve your bottom line. Save Time & Money  Updating and providing physical manuals costs your organization time and money. Providing a trainer and office space also involves planning and expenses. Devote your…