Another record year for entrepreneurship could be in store for 2022. But how many of these new business owners end up succeeding will depend on more than the quality of the products and services they offer. Creating and nurturing customer relationships allow businesses to offer a more personalized and enticing customer experience, which produces the buyer loyalty that is … [More]
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EN NEGOCIOS: 5 pasos para mejorar la moral de su equipo
por Edgar R. Olivo
La moral de su equipo es un factor importante que contribuye al desempeño de los empleados. Cuando está formando su equipo, también está cultivando las habilidades que le permiten a su empresa alcanzar sus objetivos. Ayudar a su equipo a alcanzar su máximo potencial es asegurarse de que tengan las herramientas y el apoyo adecuados para hacer su trabajo con éxito. Construir y … [More]
5 Steps to Improve Morale on Your Team
by Edgar R. Olivo
Your team morale is an important factor that contributes to employee performance. When you are building your team, you are also cultivating the skills that allow your company to achieve its goals. Helping your team achieve their full potential is making sure they have the right tools and support to do their jobs successfully. Building and sustaining employee morale starts with … [More]
Does Your Recruiting and Culture Meet the New Candidate’s High Expectations?
inbusinessPHX.com
“The Great Resignation” in 2021 created a talent shortage and prompted company leaders to re-evaluate their perspective on hiring and culture. Amid job candidates’ shifting demands and higher expectations, some businesses are learning they’ll need to adapt their recruiting strategies to hire the right workers in 2022. But while most leaders understand that a positive work … [More]
What Are the Psychological Effects of Discrimination at Work?
by Phil Cord
When setting about their career path, people envision a future where they come up through the ranks until they achieve their life goals, be it a high position in a company or a comfortable life. Though a few bumps along the way are expected, some might face adversity from an unexpected source. It would seem that working in the same space calls for mutual respect, yet some … [More]
How to Build Leadership Programs for Women in Your Organization
inbusinessPHX.com
The percentage of women who hold leadership roles in business, higher education and government grows with each passing year – sometimes dramatically, sometimes incrementally. But every gain holds the promise of more gains, as young girls see opportunities previous generations didn’t. “Each of us stands on the shoulders of all the women in our chosen professions who have … [More]
A Time of Invention and Reinvention: How Entrepreneurs Can Tap into Creativity
inbusinessPHX.com
The COVID-19 pandemic has forced many businesses to adapt or make major changes. The challenges presented required leaders to think creatively in order to solve problems and generate new ideas that can keep their companies competitive. Now with record numbers of people starting businesses and entrepreneurial veterans trying to stay afloat, creative problem-solving is a key … [More]
Big Dreams, No Cash: Funding Your Brick-and-Mortar Business
inbusinessPHX.com
The digital world made starting a business easier. Anyone with a computer, a phone and a spare room could give entrepreneurship a try, no office or storefront necessary. Or so it would seem. In truth, not every business can operate without a brick-and-mortar presence. Cyberspace isn’t sufficient when a budding entrepreneur wants to open a bowling alley, laundromat, car … [More]
Homebuyers Face the Fastest, Priciest Market on Record, Says Report
Redfin
Homes sold faster than ever during the four weeks ending February 13, as a record 57% of homes that went under contract did so within two weeks of being listed, according to a new report from Redfin, the technology-powered real estate brokerage. People buying homes now are paying more than ever before, too—a median $1,997 per month—as asking prices soared 16% year over … [More]
Dearth of Inventory, Price Hikes Pose Challenges for Home Shoppers
Zillow
Home buyers face another challenging shopping season to navigate, as Zillow®'s latest monthly report1 reveals record-breaking low inventory and unprecedented price growth. The Zillow Home Value Index (ZHVI) rose 1.5% from December to January to $325,677, up 19.9% from a year ago. The annual growth rate represents an all-time high over the last 20 years, and the monthly pace … [More]
Stressed Out Over Your Retirement Plan? How to Navigate in 2022
by Barry H. Spencer
For many people, saving enough money for retirement is not an easy process, but the COVID-19 pandemic has made the task even more challenging the past two years. Some who lost their jobs halted their retirement contributions and tapped into their savings. Others, feeling financially stretched, reduced the percentage of money they put toward retirement, and some retired … [More]
Boost Productivity Through Office Design
by Dala Al-Fuwaires
Business owners need to find ways to boost employee productivity from time to time. Redesigning the office is a great way to do this. Creating a stylish and accessible office keeps employees focused and motivated. Here are a few of the most impactful design elements to freshen up an old office space. Design multiple workspaces. Employees have different working styles. Some … [More]
Empower Your Brand With Enchantment: 6 Characteristics of an Enchanted Brand
by Jane Cavalier Lucas
When people face a world that is too complex to understand, constantly changing in unexpected ways and unclear, they put up barriers of distrust and caution. This environment creates debilitating distress, and most people don’t have the tools or training to deal with it. This affects decision making and can lead to irrational choices driven by fear. Sound familiar? From the … [More]
The 5 C’s of Credit to Help a Small Business Grow
by Edgar R. Olivo
For a first-time business owner, applying for funding while gaining business experience can be a unique challenge to face when attempting to grow and scale. Running out of money is a small business's biggest risk and keeping the flow of cash organized is the ultimate juggling act. But too often, small business owners are unclear about how much money they generate and where … [More]
EN NEGOCIOS: Las 5 C del crédito para ayudar a una pequeña empresa a crecer
por Edgar R. Olivo
Para un propietario de un negocio nuevo, solicitar financiamiento mientras adquiere experiencia comercial puede ser un desafío único que enfrentar cuando intenta crecer y escalar. Quedarse sin dinero es el mayor riesgo de una pequeña empresa y mantener el flujo de efectivo organizado es el último acto de malabarismo. Pero con demasiada frecuencia, los propietarios de pequeñas … [More]
Are You Reaching Today’s Customer? Keys to a Great Multichannel Marketing Strategy
inbusinessPHX.com
Getting customers in the door means first getting, and keeping, their attention. As consumers have moved more toward e-commerce, the challenges for digital marketers have become greater, but so have the opportunities. Marketing to a target audience is more complex today, but the evolution of technology has opened numerous doors to reach consumers effectively through … [More]
Is Your Future Leader Working in Your Company Now? How to Grow a CEO
inbusinessPHX.com
As companies face new challenges in a rapidly changing world, leadership has never been more important. Business owners and boards are looking for strong CEOs, but what’s the best way to find them? One study shows that CEOs hired from outside a company don’t perform as well, on average, as those who are internally promoted to the top spot. A benefit of grooming a CEO … [More]
Home Loan Delinquency Drops Below March 2020 Level, Says Report
CoreLogic
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, released its monthly Loan Performance Insights Report for November 2021. For the month of November, 3.6% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.3-percentage point decrease … [More]
