Thanks to a massive shift in technology, companies are starting to adopt flexible work arrangements for their employees. Companies are incorporating flexible work schedules, which involve giving employees the freedom to arrive and depart from work at varying times. This change in the professional landscape has proven to be beneficial for employers looking to increase business profits. Even human resources professionals are supporting the initiative; urging more employers to bolster their efforts towards this kind of set-up. Here are the main reasons why you should welcome flexible work schedules.
Read MoreWhy You Should Consider Flexible Work Schedules
Topics: increase profit, customer loyalty, rewarding staff, trade dollars
It's the Little Things: Easy Ways to Increase Profits
There are countless theories about how to run a business, and when it comes down to it, every strategy has the same end-goal: increasing your profits. Whether you’re working on brand awareness, innovative product development, or increasing workplace efficiency, the goal is always to increase sales and cut operating costs.
Read MoreTopics: growing your business, increase profit, increase cash flow, small business, attract new customers, save cash, build business networks, increase sales, trade dollars
Why Goal Setting is Important to your Strategic Business Planning
It’s something every business owner knows they need to do but very few put aside the time for it. Not surprisingly, it’s those who do that tend to be the most successful. Strategic planning is essential to the development and growth of your business. So why is it like pulling teeth to get business owners to sit down and focus on it? The answer is clear. You’re too busy working IN your business to take a step back and work ON your business. Strategy and planning is put on the backburner while you deal with more pressing issues.
Read MoreTopics: business strategies, growing your business, increase profit, small business, attract new customers, business needs
How to Revive Your Business with Bartercard
No matter how long you’ve been in your business or how smoothly you run it, you can be sure that at some point there will be challenges. That’s simply the nature of business. There are times when you’ll get off track, experience a downturn or hit a plateau. It doesn’t mean you have to stay there for long. Here are four tips on how you can revive your business with Bartercard and get back on the path to success.
Read MoreTopics: increase profit, increase cash flow, save cash, trade exchange, increase sales, trade dollars
Four Helpful Ways to Make Your Workday More Productive
Every business owner knows there just aren’t enough hours in the day. Working 50, 60 even 80 hours a week seems to have become the norm. Perhaps sometimes that’s what it takes, but maintaining such a strenuous pace over an extended period can take its toll.
Read MoreTopics: Workplace productivity, increase profit, increase cash flow, fill downtime, increase sales, rewarding staff
Does Gender Equality Within Your Staff Affect Your Profit Margin?
Have a look around your office. What do you see? If the answer is just a bunch of men, then you have some work to do. The facts are in: Gender diversity in the workplace is more than an ethical imperative in our modern culture. It’s also just plain good for business.
Read MoreTopics: growing your business, increase profit, increase cash flow, market research, Leadership, unrealised potential, business needs
How Trade Dollars Can Benefit Your Business
Many Bartercard members are shining examples of how the network’s alternate payment of Trade Dollars can be utilised to benefit their business and lifestyle. Maximising cash flow, retaining customers, and keeping stock moving are all important elements of any business, so using Trade Dollars to buy and sell goods and services can offer a wealth of advantages for business owners.
Read MoreTopics: growing your business, increase profit, increase cash flow, fill downtime, clear excess stock, small business, attract new customers, save cash, trade exchange, spare capacity, build business networks
Using Porter's Five Forces to Understand Your Competition
Do you have a clear view of who your competitors are? Do you understand how their actions in the marketplace are affecting your profitability and future planning? Being aware of what’s happening around you and what your competitors are up to is fundamental to the survival of any business – big or small. Knowing where your business is at is crucial to stay competitive and get more customers, but what business techniques can help you?
Read MoreTopics: growing your business, increase profit, increase cash flow, fill downtime, bartercard tourism, attract new customers, build business networks
Seven Key Reasons Why Leaders Fail in Business
No two businesses are the same. Similarly, no two leaders are the same. Leaders come in many forms and achieve many levels of effectiveness, from the exceptional to the serviceable to the unfortunate. Being a good leader requires hard work and commitment. You’ll need to hone your skills and earn the respect of your team members.
Read MoreTopics: growing your business, increase profit, increase cash flow, fill downtime, bartercard tourism, attract new customers, build business networks
Bartercard Member Story: Side Dive Munda on the Value of Referrals
Word of mouth and referrals are the best way to attract new business. Not only do they provide credibility for your business and the customers spreading the word, referrals are a free form of advertising and promotion. What’s more, data supports the notion that word of mouth marketing does indeed is one of the most influential factors for people when making a purchase.
Read MoreTopics: growing your business, increase profit, increase cash flow, fill downtime, bartercard tourism, attract new customers, build business networks