3 Tips for Successfully Launching Your New Business

Starting your new business can be a fruitful, yet frightening time. You are very likely to hear conflicting advice from many different people. At times, it can be hard to differentiate who you should listen to, and who you should ignore. Funnily enough, the people unsolicited giving you the advice will have very little experience running a successful business.

Then, your next stop will likely be the internet. There, you will be overwhelmed by a plethora of different articles, all saying different things. The most important thing to remember is that you don’t want to overthink anything. Overthinking will likely ruin your initiative. Instead, follow these tips from CBS-CBS.com to get started with your very own business.

Create a work-life balance

Being able to run a successful business starts with having a healthy work-life balance. It can be incredibly easy to let work dominate your life which will end with you becoming burnt out. While having too much fun and enjoying life can be just as detrimental, meeting in the middle with both these things is the best way to operate.

Both are great in moderation and together, they can be a force to be reckoned with. It is important to take care of yourself and your business at the same time so that your health and wellbeing remain in a good place. When you find this balance, you will be able to maintain relationships while also running a successful business.

Create a detailed business plan

The next crucial step is to create a detailed business plan that outlines what you want from your business and all of the details in-between. Your plan should deeply detail how you plan to figure out any challenges as well as any obstacles that may arise. On top of that, you should be able to set deadlines.

While your plan is important, make sure you leave ‘wiggle room’ to ensure that if anything happens, there is room for you to readily adapt. Staying flexible is key.

Surround yourself with quality people

Surrounding yourself with the right people can change your life. If you are constantly surrounded by people who treat you terribly and make you feel bad, your environment will be toxic. This means that there will be little to no growth in your life and plans will likely never meet success.

However, if you surround yourself with kind, compassionate, smart, and hardworking people, you will see success in all areas of life. With the right partners, mentors, and staff, you will reach unfathomable levels of success. Don’t forget to take time to nurture relationships.

With all of these great tips in mind, you are destined for good things. As long as you are ready and willing to put in the hard work, there is no limit to your success. Find ways to integrate all of these tips into your professional life and watch success come your way. Are you ready for it?

 

 

How Accepting Change Can Make You More Successful

A huge part of being a successful person is being able to accept the necessary change that comes with life. Change may be very uncomfortable at times, but it is very much a crucial part of life and how you live it. Being able to adapt is not only a survival skill but also a skill for success. That still does not take away from the fact that it can be hard.

For some, change can result in poor performance, bruised egos, and pain. However, for others who accept change, it can result in positivity, a refreshed outlook, and success. The reality of it is, if you don’t learn how to accept change in both your personal and professional life, you will be left behind.

Corporate Business Solutions has compiled 3 ways you can become more comfortable with change to see success.

Be okay with going to the brink of failure before you succeed

Elon Musk is no doubt one of the most recognizable billionaires on the planet (and in outer space too!!!) Musk tweeted on November 3, 2020, that Tesla was on the verge of bankruptcy before the electric car company turned itself around: “Closest we got was about a month. The Model 3 ramp was extreme stress & pain for a long time—from mid-2017 to mid-2019. Production & logistics hell.” On June 30, 2021, Tesla was trading at $683.18 a share and had a market cap of $655.79 billion, making Tesla the world’s 8th most valuable company. The moral of the story is that sometimes you have to take your dreams all the way to the brink of failure before realizing the success you have been working so hard to achieve.

The key is never to dwell on your fear of failure or let it define you. Instead, you should use it as a motivating force to solve the challenges you face and to grow from the experience of matching wits with whatever is standing in your way.  Let your relentless drive to succeed and your problem-solving ability to get you where you want to be.

Start small

When you get new ideas that change everything, it is best to take small steps forward instead of doing everything at once. When you do everything at once, wires get crossed and things get forgotten. Even if there is one thing wrong with your plan, it will show sooner or later. You won’t be able to put it together overnight, so just start taking small steps towards it.

Start with your end goal in mind and then figure out what you need to do to get there. It is then that you will be able to see where you need to go. This is a crucial part of understanding and being able to accept change.

Understand how change can help

Change can help so much with realigning you on the right path. If change ever swoops in and you feel like you’ve been set off track you will likely find out later that it was for the right reason. Change works that way, you know? Sometimes, it can come out of nowhere and just shake things up unexpectedly.

However, there is no need to fear change. It is always there to get you out of your comfort zone. It is there to help you become better.

The bottom line is that change is a necessary thing, not an evil thing. The day you learn to love, accept, and adapt to change is the day you set yourself up for success.

Keep the Office Happy: 4 Stress Reduction Tips for the Workplace

Stress is a constant factor for many individuals around the world. Add the recent global pandemic into the mix, and stress continues to be very prominent in our everyday lives.

Although, as the employer, there is only so much you can do to help out, there are things you can do to reduce stress in the workplace. By starting there, you can help create an environment for your employees that minimizes their stress and positively impacts their overall health.

Your Corporate Business Solutions Consultants have four tips to help reduce stress in the workplace.

Make Wellness a Priority

Do you encourage your employees (and yourself) to take care of both their physical and mental health? Promoting wellness in the workplace can have a positive reaction and help reduce stress.

There are a few things you can do to help with this. If your office has somewhere staff can purchase snacks, offer healthier alternatives like fruits and vegetables. Offer subsidized gym memberships for those you like going to fitness centers, or you could even have an area in the office dedicated to quick workouts. Encourage all your employees to take breaks throughout the day to stretch, let their minds recharge and have casual, non-work-related interactions with colleagues.

Offer Flexibility

For many families, stress comes from trying to schedule work, family, activities, and everything else in between. Offering flexibility with hours and even working remotely can help ease the stress of many working families.

Going this route does have the potential of adding more stress to you, so ensure that if you offer this option, you trust that they’ll get the work done. However, you may notice that not only are employees less stressed with the flexibility, but they may also be happier about their job given the opportunity to prove they can work independently.

Offer Counseling Options

Many individuals either don’t know how to handle stress or don’t know how to manage their stress levels appropriately. That is where something like an onsite or virtual counseling setting could be beneficial.

Counseling encourages people to open about issues that are causing stress and frustration in their lives, and it also helps develop coping skills so that the stress doesn’t take over your life. If there isn’t one available to bring to your employees, offer an incentive for them to find their own, like reimbursing the cost.

Be a Good Leader

Many employees find their stress comes from a lack of leadership or poor management. If you’re working at a place that provides little to no direction of what you should do in a day, a boss that’s constantly looking over your shoulder, and management that runs a very tight schedule, it’s bound to add more stress to your life.

Be a good leader for your employees to help ease their stress levels. Avoid micromanaging and, instead, show that you trust your team to get the job done. Set realistic deadlines and goals, and be available for feedback if something isn’t working.

If you can help create a workplace environment that reduces stress, anxiety, and frustration in the office, you’re more likely to have happier and healthier employees. Make your business the place people want to be.

4 Golden Points Every Home-Based Business Should Remember

Being an entrepreneur looks different for everyone. For some, the dream of running a large corporation that employs hundreds of people with offices across the country. Other entrepreneurs, though, prefer something small-scale that they can run from their homes.

Home-based businesses aren’t anything new. They’ve actually been relatively popular over the years, especially during the global pandemic. Recent statistics saw a record number of start-ups, with a significant portion being home-based companies. Going the route of a home-based business allows you to set a flexible schedule that works for you, minimal to no commute, and brings in another income source.

Because of the appeal of home-based businesses and how popular they continue to be, reviews for Corporate Business Solutions have four points that every home-based business should remember.

Keep Business and Personal Finances Separate

For your finances, it’s a good idea to have a separate business account right from the start. Although it’s tempting to merge everything together and save on banking fees, it’ll come in handy for tax season and to track your business’ financial situation.

Have a Separate Space

There are many convenient perks when working from home, like no commute time and working wherever you want. As lovely as it can be to set up shop in the backyard on those warm days, it’s essential that you still have a separate space for your business.

Depending on what your company does, you may have confidential information about customers and clients. If you don’t have a designated space for your work, that information could be accessible to anyone around. You may not have to work strictly out of your home office, but it’s still a good idea to at least have a space you call your office.

Marketing Matters

Home-based businesses rely heavily on marketing. There is no storefront that people can drive by and see what you offer. You’re tucked away on a residential street.

You’ll rely on marketing to get the word out about your company and drum up new customers. Especially when first starting, the budget might be tight to spend money on a marketing plan. However, social media is an excellent (and free) tool for home-based businesses to help spread the word.

Set Boundaries

Many soon realize that working from home (whether employed or in your own business) is more challenging than people believe. One of the most difficult parts of working from home is setting and maintaining boundaries.

When you commute to a job, it’s much easier to leave work at the office so you can enjoy your personal life. For those whose work is only a few steps away, it’s easy to “squeeze in” a bit of extra work after supper or on weekends.

Set yourself boundaries right at the beginning. These can include having a set time to turn your business off for the day, being careful when you schedule appointments, and setting a timer for your breaks.

In today’s world, almost any idea could turn into a small, home-based business, which could lead to a large company. Home-based businesses have unique challenges. However, don’t let that shy you away from taking your idea and starting your very own company.

Have a Difficult Employee? 5 Tips to Help You Manage Them

As an employer, the dream is to have multiple employees who need minimal training, know exactly what they need to do, and help ease some stress in your life. Although those employees do exist, some end up causing more stress and issues than anything.

Do you have a problematic employee? Chances are, you either currently have one, have dealt with one, or there is one in your future. How you manage your difficult employee can make or break the relationship.

If you currently have a difficult employee working for you, check out the following five tips to help manage them from CBS-CBS.com.

Keep Listening

When you’re faced with someone who challenges your patience, it’s easy to tune them out and not listen. However, losing your patience with the person won’t solve any problems. Instead of tuning them out, try closely listening. You may find that the reason they are difficult for you in the first place comes down to lack of communication.

Document Any Issues

Whether you’re documenting behaviors to acknowledge later, or providing evidence for termination, documenting any issues you have with an employee is crucial.

When you have documentation to reference, you can sit with the said employee and break down any behaviors that need addressing and moving forward. If it does come to a termination, you have the files to back your decision.

Offer Room for Improvement

A problematic employee that never receives feedback will likely never realize the frustration they’re causing you. It’s imperative that you, as the manager, provide feedback to the employee and offer room for improvement.

In many circumstances, the employee doesn’t know that they’re doing something wrong or that there’s a more efficient way to perform their task. It’s up to you to ensure there is room for improvement before more issues develop down the road.

Set Consequences If Needed

In some situations, there need to be clear consequences set to ensure improvement. Although it’s not something anyone wants to go through, setting consequences helps show that the difficulties with the employee are serious and need addressing.

Consequences can range from a written warning, losing eligibility for a promotion, or even termination. Ensure that they are clearly communicated to the employee so they know that something will happen if there is no improvement.

Keep Tabs on Progress

To foster a positive environment for improvement, an important step you must take is monitoring the progress and offering praise when deserved. If you’re both serious about resolving any issues and seeing performance improvement, offering praise when deserved can help motivate the employee.

Monitoring progress is also important to see actual improvements are happening. If you see little to no progress or the situation is getting worse, it may be time to make some difficult decisions.

You must take the time to communicate with the problematic employee and ensure they have room and time for improvement. Termination should be your last resort to avoid any wrongful termination lawsuits.

However, it’s also important to recognize you’re in a hopeless situation, you’ve done everything in your power to help with improvements, yet there is no change, that termination is the next step.

5 Points to Remember When Growing Your Small Business

When you start a business, what is one of the main things you plan to accomplish? Most likely, your answer is along the lines of growth.

Without growth, many businesses will not survive. Growth is essential to keep you operational, make ends meet, and ensure you have something to work towards. Simply put – growth is part of business success.

If you’re ready to start growing your small business, then Corporate Business Solutions has five points worth remembering.

Quality Customer Service is Key

We’ve likely all experienced it at some point – poor customer service. How does that leave you feeling when the customer service is disappointing? Likely mad, frustrated, and not wanting to go back.

It’s easy to underestimate the power of good customer service because it’s part of their everyday duties for many companies. However, don’t forget how important it is and let it start to slide. Your customer service level could be the key to your growth or the beginning of a downward spiral of your company.

Use Social Media to Your Advantage

If you’re not using social media already, you’re missing out on an excellent growth opportunity. To start, you’ll be hard-pressed to talk to someone who doesn’t use platforms like Facebook, Instagram, YouTube, and now TikTok.

Social media is a way for you to reach a wider audience than other forms of advertisement. Plus, it’s free to use. Just remember – when using social media, interact with your followers and post quality content. Keep your selling to a minimum and show the value of your services.

Show Community Support

Another excellent way to grow your business is by supporting your local community. Doing this does two things: first, it helps develop brand awareness. If you’re sponsoring local events, non-profit organizations, or even small giveaways, it helps get your business out into the community (which means more eyes on you).

Showing community support also helps boost the image of your business. In today’s world, there is a strong push for supporting local initiatives. If people see your brand supporting their local community, it makes your image look even better.

Don’t Skimp on the Hires

Who you hire plays a significant role in the growth of your business. Adding new team members to your team costs money before the person starts to make the business money. So, if you’re frequently hiring new staff members to replace people who have quit or were let go, you’ll get caught in a costly cycle.

Take time during the hiring process. You want to find someone who is the best candidate for the job and is also the right fit for the company culture. Having a solid team to rely on will do wonders for business growth.

Be Flexible

Growing your business is not a straight upward line. It’s a rollercoaster that requires flexibility on your part. Not every plan you have will work. In fact, some ideas may do the opposite of what you had in mind. Being flexible means you can adjust on the go when needed and understand that good growth takes time.

It’s important to remember that trying to grow your business too quickly can hinder what you currently have. Ensure that where your business is at right now is steady enough that growing is the only other option you have now.

5 Tips for Conducting an Interview

Part of running a business for many entrepreneurs involves hiring employees. As your company grows, there’s an increased demand for employee productivity that you won’t necessarily achieve. When that happens, you seek out someone to be an employee.

When hiring, you won’t go for the first person you talk to. There’s a process to finding the best candidate for the position and your company culture. The biggest step in that process is conducting the interview.

Interviewing a potential hire can be intimidating at first. Try the following five tips from CBS-CBS.com to get you prepared and confident for your upcoming interview.

Set the Date, Time, and Appropriate Location

When you’re in an interview, it’s not only polite to give the candidate your full attention. You also need to stay focused to gather all the necessary information. You should conduct the interview somewhere quiet and without interruptions. Once you have that, schedule the date and time that works for both parties.

Spend Time Reading the Resume

Have you ever entered an interview where the interviewer asks questions on the first page of your resume? It can feel like a waste of time and resources handing in the resume.

Part of planning for the interview is to read through the resume. Make a note of what stood out, relevant questions based on the information provided, and anything else that pops into your head. Plus. Reading the resume first can help weed out any candidates that aren’t suited for the position.

Set the Tone Right at the Start

As the interviewer, it’s up to you to set the tone. You’re the boss, and the interviewee must know that.

To set the stage, introduce yourself right away with your name and title. Thank the candidate for coming and explaining right away what to expect over the next bit. It may take a bit of practicing in front of the mirror or with a friend, but it’s essential to practice, so you come across as confident without being too serious.

Start With the Basic Questions

You want the interviewee to feel comfortable throughout the process. One way to do so is by starting with fundamental questions about the person. Ask questions that don’t require much thought – like a few points about themselves, their experience at a previous job, or their schooling.

Once you’ve broken the ice and everyone feels more comfortable, then start asking the more difficult questions. Why are they applying for this position? What makes them a good fit? What does the person have to offer the company that makes them stand out from others? These are the questions that require the interviewee to think a bit more.

Offer a Moment for the Interviewee to Ask Questions

Typically, near the end of the interview, it’s good practice to ask if the interviewee has any questions. This does a few things. To start, it can clarify any confusion or anything missed in the interview. It is also a chance for you to show that you know every aspect of your business and impress the potential employee, making them want to work for you.

Conducting an effective interview allows you to pick the best candidate for the position offered. Take the interview seriously, spend the time preparing and practicing for it, and you’ll breeze through every interview.

Wake Up Refreshed – 5 Sleeping Tips for the Busy Person

You’ve likely heard it over and over again or even said it yourself to someone – make sure you’re getting enough sleep at night. We all know it, yet getting enough sleep isn’t always the easiest task.

How important is sleeping in our daily lives? Well, chronic fatigue due to not enough sleep can lead to many serious physical and mental complications. When you’re sleep-deprived, your mind doesn’t function like it would with a good night’s rest. On the physical side, not catching enough z’s may put you at a higher risk for medical conditions like high blood pressure, heart disease, and obesity.

Ready to get more sleep to work to the best of your abilities? Corporate Business Solutions has five sleep tips that will help you wake up refreshed in the morning.

Set Yourself Boundaries

A significant contributor to poor sleep is not taking a break from work. If you’re waking up thinking about work and crawling into bed, and finishing sending an email, it makes it difficult to turn your mind off so you can sleep.

Your body needs time to relax and unwind. That means no work. So, do yourself a favor and set some boundaries. After a certain hour, disconnect from work so you can focus on yourself.

Have a Regular Sleeping Schedule

Our bodies love a rhythm. We have what’s called our circadian rhythm, which is the physical, mental, and behavioral changes that occur in a 24-hour cycle. Sleeping at night and awake during the day is an example of your circadian rhythm.

Having a regular sleeping schedule helps your circadian rhythm and gets your body (and mind) into a good sleeping routine. So, if you like going to bed at a particular hour, try to do that every evening.

Keep Distractions Away

Although we like to think otherwise, watching television or browsing through our phones while in bed won’t help put you to sleep. Having too many distractions in your bedroom will only make it more difficult for you to fall asleep.

Keep your bedroom peaceful and relaxing by getting rid of distractions. If your phone is an issue, charge it in a different room. Remember, your bedroom is usually meant for only a few activities, and sleeping is one of them.

Limit Caffeine

If there is any tip that could be the hardest to implement, it is limiting your caffeine. If you’re always busy, chances are you love your hot cup of coffee to give you a little boost.

Now, there’s nothing wrong with having a cup or two in the day. When it does become an issue, though, it is when you’re drinking it later on and closer to the evening. The caffeine is meant to keep you awake, which is counterproductive if you want to head to bed soon.

Speak to Your Doctor

If you still struggle to fall asleep and get a good night’s rest after trying everything out there, it may be time to speak to your doctor. Constant exhaustion and continuous restless nights could be a sign of something medically (both physically and mentally) that needs addressing.

Try implementing the tips above into your daily routine. Sometimes even the smallest of habit changes can have the biggest effect on our sleep.

Customer Satisfaction – How Convenient Is Your Business?

Customer satisfaction is crucial for the success of any business. If your company is continually disappointing the consumer, how long can you expect to keep your doors open? On the other side, if clients leave amazed by the service they received, they’re more likely to refer their friends and family to you.

Since the beginning of the COVID-19 global pandemic, businesses were forced to learn and innovate ways to keep operating. As we’ve moved forward, there are several business tactics that will stay long-term, and one of those is convenience.

In a world where strangers try to remain six feet apart from one another, prefer not to shake hands anymore, and limit contact with those outside their bubble, it’s more important than ever that your business is convenient in multiple ways. To help with that, reviews for Corporate Business Solutions have three tips to make your business more convenient.

From Online Booking to Online Payments           

Although this isn’t a new feature, it’s worth reiterating the importance of offering online features. From booking clients to online shopping and receiving payments, giving the customer more power to do things virtually is essential.

Ensure that your company has a website that provides a list of all the services you offer and their prices. Offer an online scheduling and booking system so that people don’t need to visit your store or call to book. Lastly, ensure that you have contactless payment, whether it’s prepaying online or a device for tapping a credit card.

Virtual Chat Options

How you communicate with your customers plays an important role. It’s not just a phone call anymore. Being able to correspond through email and virtual chat options adds to the convenience of your business.

Virtual chat options also include any meetings or assessments you do with clients. Offering the possibility to meet through a video chat rather than in person all the time helps with busy schedules, those who are isolating, not comfortable meeting in person, or for a whole list of reasons.

Be Open for Suggestions

Who better tell you ways to make your business more convenient than from the customers themselves? If you’ve never sent out a survey or asked the question on social media, it may be worth doing. When you give your customers a chance to provide feedback that could make their lives easier, you not only learn a lot, but you also please the consumer.

When you do ask for suggestions, though, ensure that you’re ready for them. Not every suggestion will be something you agree with, nor is it possible for you to accommodate every suggestion. So, keep an open mind and try not to take them too personally.

We live in a world where convenience is critical. We’re used to having access to information right at our fingertips and parcels arriving at our doorsteps the next day. Keeping up with convenience is a crucial step to take with your business.

The three suggestions above are a good starting point if you’re not already doing so.

3 Tips to Keep Your Business Afloat During Challenging Times

It’s been well over a year now that we’ve maneuvered through a global pandemic. Through this pandemic, many businesses have learned the hard way how to adapt on the fly. Unfortunately, many other companies could not make ends meet through rolling shutdowns and, ultimately, closed their doors for good.

Now, as the world rolls out the Covid-19 vaccines in hopes of gaining control over the rapid virus, many business owners look back at 2020 as a way to help prepare for other challenges they may face down the road.

Although we hope not to implement backup plans, it’s a good idea to have a plan for challenging times ahead that many businesses are likely to face. To help, your Corporate Business Solutions consultants have three tips to keep your business afloat during challenging times.

Avoid Reacting to the Situation

It’s common for people to react to a situation. When someone reacts to a challenge in front of them, they often do so with emotion, leading to an irrational reaction rather than a thoughtful process. Reacting head-on may work in some situations, but not all.

When faced with challenging times, it’s best to slow down and look at the big picture before doing anything. The issue with immediately reacting to what’s in front of you is that a quick decision now could have even more damaging effects later on. Instead, take the time to think things through, develop a thoughtful plan and then react with a calm mind.

A good example would be you have an employee that keeps messing up with inventory. Frustration may take over, and your initial reaction could be to let the employee go. However, if you take a moment to dig into what’s going on, you could find that the training process wasn’t thorough enough and the mistakes the employee is making aren’t actually their fault.

Have an Emergency Fund

When faced with difficulties, many businesses find themselves nervous about not having enough profits to pay the bills. Having a cash reserve meant for emergencies is a crucial backup plan to have. That way, if you end up having to close your doors for a bit, you’ll be able to make ends meet with your emergency funds.

Revamp Your Marketing Strategy

As the world goes in and out of challenging times, your marketing strategy needs to reflect that. If you continue to push the same marketing strategy regardless of the situation around you, your return may not be what it was a few months ago.

Have a couple of different marketing strategies to implement based on what is going on worldwide (or in your industry). For the recent year with the pandemic, businesses could benefit by changing their marketing strategy to showcase the value in what you offer, even if the budget is tight.

The point being, it’s about reflecting and being sensitive to what is going on around you and adapting your marketing strategy to reflect that.

No matter how prepared a business may be to face difficult times, our plans do not always work. However, by preparing for the “what ifs,” you could save your business and stay afloat.