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3 Tested Ways to Keep Small Businesses More Efficient Than Ever

3 Tested Ways to Keep Small Businesses More Efficient Than Ever

Have you recently started your own small business or planning to start it shortly? Then, you need some tested ways that help to keep your small business more efficient than ever. Here, in this article, I’ve enlisted some secrets to lead a successful business. Have a look!

1. Small Business Training

As the new small business owners are new to the industry, and they need to learn a lot of things to set their business in the right direction. There are business courses or small business training that are offered to the new business owners to help and guide them in every step of doing things. These little business training sessions are incorporated with the new aspects and tactics of doing business that is helpful for business owners.

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As new business owners are unaware of how to write business plans and how to get the grant and funding; in such instances, small business training consultants will guide you throughout every step. That’s why professional business trainings and courses are very important especially for the new business owners to get successful in the industry.

Small businesses struggle to grow and to generate decent profits. Business training provides the business owners with insights into management activities such as how you can hire cheap accountants to manage the finances, how to do market analysis, and how to design the processes in such a way that will help you generate highest possible revenues and the positive feedback.

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2. Executive Coaching

Have you ever wondered about the marvels of executive coaching? Just having a business degree in business management is not enough. They need training and mentoring to polish their skills and abilities and to develop the best output for the organisation. There are a lot of executive coaching programs offered to worldwide business owners that will allow them to develop the skills and abilities that will help in the development of the organisation. Executive coaching is one them.

Executive coaching provides the knowledge how executives will polish their skills and abilities that will generate positive outputs for the organisation. Such training and coaching programs are designed to develop those skills that are not present in the personality of the executives, like leadership competencies.

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Leadership skills are not born in every person. Sometimes those skills need to be developed in the individuals through coaching and training programs. An expert and professional executive business coach provides the managers with insights into management activities of your small business, market analysis, and then design the processes in such a way that will help you generate the highest possible revenues and positive feedback.

3. Management Coaching

Management coaching is a crucial element for the success of any organisation. Every new and established business needs a  professional management team who has got skills and abilities that will drive positive outputs. That’s why it’s imperative for the organisations to provide management coachings and training to their staff to direct the new business in the perfect direction. Every business, either established or newly formed always try to minimise the level of risks to maximise the benefits or profits. To avoid risks, you need management coaching for your management to get directed to the right path.

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Management coaching experts will lead your management team in a way that gives positive outputs in the development of your organisation. It’s up to the management coach how he sees the entire picture of your business. Seeing your business through the wider perspective allows him to go into the little details that hide behind the scene. Always look for a professional expert as your management coach, to grow it in a right direction.

Always keep in mind that you as a business owner needs to focus more because the small business coach only guides you in different situations and you are responsible for following those guidelines. It’s critical that you understand the perspective of your business coach. Otherwise, it would be difficult to carry on with two entirely different approaches to run a small business.

Featured photo credit: Online Magazine via blog.optus.com.au

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Last Updated on March 29, 2021

5 Types of Horrible Bosses and How to Beat Them All

5 Types of Horrible Bosses and How to Beat Them All

When I left university I took a job immediately, I had been lucky as I had spent a year earning almost nothing as an intern so I was offered a role. On my first day I found that I had not been allocated a desk, there was no one to greet me so I was left for some hours ignored. I happened to snipe about this to another employee at the coffee machine two things happened. The first was that the person I had complained to was my new manager’s wife, and the second was, in his own words, ‘that he would come down on me like a ton of bricks if I crossed him…’

What a great start to a job! I had moved to a new city, and had been at work for less than a morning when I had my first run in with the first style of bad manager. I didn’t stay long enough to find out what Mr Agressive would do next. Bad managers are a major issue. Research from Approved Index shows that more than four in ten employees (42%) state that they have previously quit a job because of a bad manager.

The Dream Type Of Manager

My best manager was a total opposite. A man who had been the head of the UK tax system and was working his retirement running a company I was a very junior and green employee for. I made a stupid mistake, one which cost a lot of time and money and I felt I was going to be sacked without doubt.

I was nervous, beating myself up about what I had done, what would happen. At the end of the day I was called to his office, he had made me wait and I had spent that day talking to other employees, trying to understand where I had gone wrong. It had been a simple mistyped line of code which sent a massive print job out totally wrong. I learn how I should have done it and I fretted.

My boss asked me to step into his office, he asked me to sit down. “Do you know what you did?” I babbled, yes, I had been stupid, I had not double-checked or asked for advice when I was doing something I had not really understood. It was totally my fault. He paused. “Will you do that again?” Of course I told him I would not, I would always double check, ask for help and not try to be so clever when I was not!

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“Okay…”

That was it. I paused and asked, should I clear my desk. He smiled. “You have learnt a valuable lesson, I can be sure that you will never make a mistake like that again. Why would I want to get rid of an employee who knows that?”

I stayed with that company for many years, the way I was treated was a real object lesson in good management. Sadly, far too many poor managers exist out there.

The Complete Catalogue of Bad Managers

The Bully

My first boss fitted into the classic bully class. This is so often the ‘old school’ management by power style. I encountered this style again in the retail sector where one manager felt the only way to get the best from staff was to bawl and yell.

However, like so many bullies you will often find that this can be someone who either knows no better or is under stress and they are themselves running scared of the situation they have found themselves in.

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The Invisible Boss

This can either present itself as management from afar (usually the golf course or ‘important meetings) or just a boss who is too busy being important to deal with their staff.

It can feel refreshing as you will often have almost total freedom with your manager taking little or no interest in your activities, however you will soon find that you also lack the support that a good manager will provide. Without direction you may feel you are doing well just to find that you are not delivering against expectations you were not told about and suddenly it is all your fault.

The Micro Manager

The frustration of having a manager who feels the need to be involved in everything you do. The polar opposite to the Invisible Boss you will feel that there is no trust in your work as they will want to meddle in everything you do.

Dealing with the micro-manager can be difficult. Often their management style comes from their own insecurity. You can try confronting them, tell them that you can do your job however in many cases this will not succeed and can in fact make things worse.

The Over Promoted Boss

The Over promoted boss categorises someone who has no idea. They have found themselves in a management position through service, family or some corporate mystery. They are people who are not only highly unqualified to be managers they will generally be unable to do even your job.

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You can find yourself persistently frustrated by the situation you are in, however it can seem impossible to get out without handing over your resignation.

The Credit Stealer

The credit stealer is the boss who will never publically acknowledge the work you do. You will put in the extra hours working on a project and you know that, in the ‘big meeting’ it will be your credit stealing boss who will take all of the credit!

Again it is demoralising, you see all of the credit for your labour being stolen and this can often lead to good employees looking for new careers.

3 Essential Ways to Work (Cope) with Bad Managers

Whatever type of bad boss you have there are certain things that you can do to ensure that you get the recognition and protection you require to not only remain sane but to also build your career.

1. Keep evidence

Whether it is incidents with the bully or examples of projects you have completed with the credit stealer you will always be well served to keep notes and supporting evidence for projects you are working on.

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Buy your own notebook and ensure that you are always making notes, it becomes a habit and a very useful one as you have a constant reminder as well as somewhere to explore ideas.

Importantly, if you do have to go to HR or stand-up for yourself you will have clear records! Also, don’t always trust that corporate servers or emails will always be available or not tampered with. Keep your own content.

2. Hold regular meetings

Ensure that you make time for regular meetings with your boss. This is especially useful for the over-promoted or the invisible boss to allow you to ‘manage upwards’. Take charge where you can to set your objectives and use these meetings to set clear objectives and document the status of your work.

3. Stand your ground, but be ready to jump…

Remember that you don’t have to put up with poor management. If you have issues you should face them with your boss, maybe they do not know that they are coming across in a bad way.

However, be ready to recognise if the situation is not going to change. If that is the case, keep your head down and get working on polishing your CV! If it isn’t working, there will be something better out there for you!

Good luck!

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