Today most businesses are all very flexible about having and manage their remote teams. Remote teams have several advantages over a traditional workforce. Here are some of the benefits a remote team can provide your business.
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5 Must Know Challenges in Managing a Remote Team
Remote teams are being praised for their value addition to a business. However, managing such a team is not without its challenges. To set expectations, let’s explore some of the downsides associated with remote teams.
10 Best Practices to Manage Your Remote Team
Working remotely comes with significant advantages and disadvantages but when managed effectively, it can be a formula for success. Many companies are already shifting to such a team structure. All you need is the right process, a positive attitude, and most importantly, mutual trust between team members to get work done.
Use This Simple Strategy to Invest Wisely
Money lying idle can lead to its erosion due to inflation so it is a wise decision to seek avenues for investing this money gainfully. It is however important to remember that a certain amount of know-how to invest wisely and discipline is necessary to make money grow.
How to Manage Customer Complaints Like a Pro?
First, always listen to the customer. If complaints are handled poorly, customers may withdraw their business and encourage others to do the same. Therefore, it is paramount for any business or entrepreneur to learn how to manage customer complaints like a pro.
How to Expand Your Business Network?
Strong business networks and relationships can lead to new customers, improved management skills and the discovery of new ideas. Building a business network is brutally important and extremely helpful for any entrepreneur.
How to Write a Successful Project Proposal?
Being able to put together a document explaining just what you can offer your client and how much it will cost can help you secure business.
9 Risk Factors That Influence Your Financial Plan
Proper financial planning takes into account the whole picture and not just a piece. Part of a financial plan is looking at risk capacity. Wisely created and finely executed financial plan helps to achieve financial goals and keeps your future financially secured.
Understanding Accounting for Capital Assets
The primary objective of a business entity is to make profit and increase the wealth of its owners. The wealth grows many fold when the business starts to build capital assets. To find the true value behind the capital assets across time, understanding accounting for capital assets is important for any entrepreneur.
10 Traits of Emotional Intelligence You Need to Be an Entrepreneur
Many experts now believe that a person’s emotional intelligence quotient (EQ) may be more important than their IQ and is certainly a better predictor of success, quality of relationships, and overall happiness. Here are 10 traits of emotional intelligence you need to learn to be a better entrepreneur.