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Small Business Success: Prepare for the Unexpected

Cash is always King, but particularly so in the crucial period from startup to midsize business. Generally, this time in the business lifecycle is characterized by funding challenges. Many organizations fail to make it to the next level, where cash flows more smoothly than in those lean startup years.  In light of everything that has happened in 2020 so far, how can your business prepare for hard times? If our “new normal” is a fluctuating economy, what does a small business need to do to stay ahead of the game?  Preparing for the Unexpected with a Cash Reserve  Preparing for [...]

July 3rd, 2020|Management|

4 Business Insights for a Tight Budget

Small business budgets are almost always tight, but now more than ever before. Many small businesses shut down for a time this spring, many have changed their service lines, furloughed or laid off staff, and generally tightened their belts. How can small businesses evolve their budgets to improve cash on hand? What are the solutions for small businesses on a tight budget?  Biggest Budgetary Pain Points for Small Businesses  Managing cash flow (What cash flow?) has always been the most significant pain point for any small business. Resources are limited, and margins are slim for most startups and small businesses. [...]

June 19th, 2020|Management|

Are You Spending Too Much Time On Average Sourcing?

Recruiters spend too much time sourcing. There, we said it. Finding the right talent, particularly for highly technical roles, is time-consuming and tedious. But today, recruiters spend about one-third of their week just trolling social media to find candidates. One in four candidates spends half their week sourcing for just one role. But 70% say automation could improve their productivity, eliminate some of the busywork, and help recruiters find candidates faster. If this is the case, why are talent teams not using resources such as artificial intelligence to help them work smarter?  Why Automated Sourcing Doesn’t Suck  In 2016 Recruiting Daily ran [...]

June 12th, 2020|Recruiters|

Benefits of Maintaining Strong Communication With Your Candidates Through A Crisis

Communicating with your candidates is always important, but maintaining strong communication with them during a crisis can set you apart from your competitors. Thanks to COVID-19, our economy came to a grinding halt in March, and businesses are facing unique challenges. On one hand, millions of businesses were deemed “non-essential” and were forced to close their doors, putting them in danger of shutting down permanently. On the other hand, some employers in industries deemed essential are having problems attracting candidates amid the crisis. Whatever your struggles are now, there are real benefits that come with staying in touch with candidates [...]

April 6th, 2020|HR, Management|

Small Business Success: Be Adaptable

Even before companies had to deal with the crisis of a global pandemic, adaptability was one of the essential characteristics of any business. In 2011, the Harvard Business Review named adaptability as the crucial trait for any company or business leader trying to achieve a competitive advantage. In the ensuing years, we believe adaptability has grown even more critical, particularly for small businesses trying to stay afloat in some admittedly turbulent times. Here is why adaptability should remain at the forefront of your strategy, culture, and actions in a small business.  Understanding Adaptability in the Small Business  The digital era has been [...]

April 3rd, 2020|Management|

Small Business Success: Creating a Clear Organizational Structure

It’s not overly dramatic to suggest that a small business can fail without an organizational structure. Without structure, tasks can fall through the cracks, employees lack accountability, and rewards for hard work simply don’t happen. Here are the hows and whys of starting a small business with a clear structure in place.  Why You Need Structure — Even in a Start-Up  If you’re launching a small business, setting up an organizational structure may be the last thing you’re worried about creating. There are so many little details that it might be challenging to consider an internal system to measure activities [...]

March 7th, 2020|Management|

Getting too many Unsuitable Candidates Applying to Your Jobs?

We know the candidate market is tight right now, and that is likely affecting the quality of the candidates applying to your jobs. If you’re experiencing a lot of unsuitable candidates applying, it might be time to reassess your job descriptions and screening processes to improve the responses. Here’s what you can do now, even in a tight labor market, to promote the chances that you’ll find the right fit.  First, Refocus the Job Title and Job Description  Determine if the job title accurately reflects what the candidate will do and the skills they need. If the job title, job [...]

February 28th, 2020|HR|

4 Steps to Build a Powerhouse Recruiting Team

 times of low unemployment, building a robust, collaborative recruiting team is particularly important. That team is the front line in your efforts to successfully attract top talent to your organization. It’s one of the most valuable roles in the organization.  But how can companies build rock-solid recruiting teams? If your business never had a recruiting team before, or if the current team isn’t up to par and you’re ready to improve, we have four critical steps for building a capable group of talent finders.  Step 1: Define Your Goals and Set the Stage  Determining the roles of your new recruiting [...]

February 21st, 2020|Management|

Small Business Success: Developing Personal Business Values

Your core business values are important for attracting customers, investors, and employees. Developing personal and business characteristics may even help you achieve a competitive advantage in the marketplace. Here’s why personal business values matter and how you can use these passion-driven characteristics to improve your business.  Why Personal Business Values Matter  Your business values mean something. They represent the beliefs behind the decisions that drive your actions. For entrepreneurs, personal values often correlate directly with business values, in large part because when you’re running a small business or a start-up, it’s all-consuming; your life is your work. Personal business values [...]

February 7th, 2020|Management|

Cut Your Admin Time in Half and Get Back to Recruiting

How much time do your recruiters waste on mundane tasks? The answer is probably a lot. From resume reviews to scheduling interviews, our recruiters today are feeling more pressure than ever but still spending far too much time not working smarter, but instead slogging through tasks that software could automate. What are we doing wrong, and how can the right applicant tracking system make a difference?   Automate or Perish  Today’s recruiters need to wear a lot of hats to find the right talent. They must be networkers, data scientists, and salespeople, as they review resumes, look for online candidates, interview, [...]

January 24th, 2020|HR, Management|