“Investing in your Success”

Yearly Archives: 2021

Growing Your Green Industry Business: Know your Options and How to Evaluate Them

In the green industry, business owners often reach a pivotal point where they find themselves at the crossroads of deciding whether to maintain or grow their already blossoming business. The most ideal time to consider growing and expanding your business is when business is good and all signs point to a bright future. This will not only help expand your business when it’s booming but it’ll also provide relief when the economy cycles in the opposite direction. When you diversify, you’ll have more stability to handle economic ups and downs […]

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When Recruiting is a Challenge, Retention is Critical

It’s not just you. Employers everywhere are having difficulty recruiting hourly, entry-level and mid-level positions despite the high percentage of unemployment. Before the pandemic, the hourly workforce was vast, making turnover easier to manage. Employers are now unable to fill gaps in their staff because the talent pool has shrunk dramatically. So, while recruiting is a primary focus for businesses that are trying to keep up with demand, employee retention is more important than ever. Turnover can cost employers 33% of an employee’s annual salary, forcing them to complete the […]

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The Best New Year’s Resolutions for Small Business Owners

As a small business owner, it’s critical that you adopt New Year’s resolutions that’ll help thrust your business forward toward profitability and security. Create actionable and achievable resolutions so that you can enter the New Year with optimism and stamina. Incorporate these ideas into your New Year’s resolution to help take your business to new heights in the upcoming year and beyond:                                                          […]

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How to Reward Your Employees During the Holidays

The holidays are a joyous and special time of year. There are celebrations of all kinds for many individuals. And with the holidays, come busy schedules. Work remains busy, while your employees’ personal schedules tend to become busier. During this eventful time, keeping your employees engaged while feeling valued is important. One of the best ways a business can do this is to reward and treat their employees for their dedication and hard work throughout the year. Here are some creative and meaningful ideas on how to reward your employees […]

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5 Tips For Managing Stress in the Workplace

Running a business can be stressful. You put time, energy and money into creating and growing a successful company. You do it because you love what you do and being your own boss, but nonetheless, stress is inevitable. Whether you’re new to being an entrepreneur in the green industry or you’ve owned an established company for some time, you’ll need to find ways to manage the stress that accompanies owning a business. Follow these 5 tips for stress management in the workplace. Five Stress Management Tips for Business Owners Tip […]

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Tips for Setting and Tracking Your Business Goals

Goal setting is not a new concept. As business leaders, we buy into the importance of goal setting, but we need to be careful to avoid a common misstep—failing to accurately track these goals. Let’s explore a few reasons why the tracking step is overlooked. Solid and measurable goals were not set, making tracking impossible. Tracking mechanisms were too complicated and cumbersome, so the measurement is not sustainable. The metrics don’t sync up with the overarching goals you’ve set for your organization. Other common factors can include lack of training, […]

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Knowledge Is Power

Knowledge sharing within an organization has significant benefits, but it does not always happen. It takes the leaders of any team to foster a collaborative environment, but that can be a challenge despite knowing the advantages. Here are some things you can do to encourage knowledge sharing and collaboration in your business. Promote Safety in Sharing One of the best ways to encourage knowledge sharing is by creating a working environment in which team members feel they can share input and ideas that will be taken into consideration without negative […]

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How Diversification Can Make a Difference?

Diversification can improve your current business. This is especially true regarding investments, which is a great frame of reference for understanding the importance of diversification. If 2020 has taught us anything, it’s that life is unpredictable, and anything is possible. The best way to protect your business is to ensure that your success is not dependent upon one revenue stream – aka: diversification.   Let’s explore some of the benefits of diversifying your business:  Minimizing the effects of market volatility – Market volatility is unavoidable, but it doesn’t have to be unbearable. By diversifying your business, you reduce the overall risk that comes with market fluctuations.  A boost in confidence knowing your business is […]

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How To Manage Cash Flow During The Slow Times

Cash flow is a necessity for your business. It’s the current that keeps things moving. When cash flow becomes strained, hard days may lie ahead. For the longer term, cash flow management can help your business grow, compete successfully and increase its market share. No matter the industry, product, or goal, cash flow is essential. So, let’s explore all things related to cash flow and then outline tips to help manage cash flow during your slow time.   First, what exactly is cash flow? Cash flow can be described as cash that comes into and out of your business in a particular period of time. Positive cash […]

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