Tweak Your Biz » Management

Remote teams are growing in popularity, particularly for businesses that operate primarily online. Technology makes it easy to manage projects in the cloud, employees appreciate the flexibility to work from home, and a well-oiled remote team is often more productive than a shared office team. On the other hand, a poorly functioning remote team can eat away at your effectiveness and completely destroy productivity. If even one of these problems is a persistent issue in your company, you’re…

You know those posts that tell you the traits of successful people? This is isn’t one of those posts. Often what is left out is the work and habits successful small business owners use to create their success. So, when you ask yourself, “what am I going to do?”, remember they had to do the work of finding what works for them. Becoming CEO of your small business means finding your “right” habits. Noticing the disorientation When you transition into being more…

This post originally appeared on Susan Payton’s blog, Susan is a regular contributor to Tweak Your Biz. Summertime gets the short end of the stick when it comes to businesses. At the start of the year, everyone’s diving into New Year’s Resolutions. At year’s end, business owners are reviewing the year and determining what to do in the future. What about the middle of the year? Shouldn’t we take this opportunity to assess our business and work on growing it? 10 Things You…

Yes, the role of the sales person seems to have changed over the years, but one undeniable truth remains – not everyone is cut out to be in sales.  Often times the observable skills of presentation and polish are the only things considered when hiring a new sophisticated sales professional, but the substance underneath the surface that really drives results is simply not there.  The last thing he sold was himself! And therein lies the rub.  “The last thing he sold was himself”…

You have created the perfect product, and it is time to put the price tag on it. A perfect product doesn’t guarantee profits, the right price decision does. How do you do it? It takes time and effort to decide the right price for the products that your business needs to sell. Let’s take a look at the steps to determine the right price for the products. # 1. Start with market research If you don’t know your customers, you can’t create a product that works for them. Your product would…

This may come of as a surprise, but I’m NOT about to discuss using Excel for budgeting, estimating rates or any other stuff related to your finances as a freelancer. I think that you’ve got that part pretty figured out. In the end, this is what Excel is mostly used for … to help people manage their finances better. This post, therefore, is going to be a little different. I promise to make the list much less obvious and also really handy at the same time. First of all, who am…

This post originally appeared on Elli St.George Godfrey‘s blog, Elli is a regular contributor to Tweak Your Biz. Every now and then, a children’s story catches  my attention in an unexpected way. Recently I was reading Aesop’s The Sun and the Wind. The Sun and the Wind were arguing about which one of them was stronger. They could not come to any agreement. When they saw traveller on the road, the Wind said, “this is how we can decide. The first one of us who can make that…

The “Hedgehog concept” is a brainchild of business theorist and educator Jim Collins, who authored best-selling books like “Built to Last”, “Good to Great”, and “Great by Choice”, among others. In the simplest terms, the “Hedgehog concept” is a cohesive business plan derived from the intersection of three circles built around the following intertwining principles: 1) What is the company passionate about? 2) What can the company be the best at? (And what can it not be?) 3)…

You got into business because there’s something you’re driven to do. Something you’re terrific at. Something your clients love. Now you have employees, and suppliers. There are problems to solve. People who need your time. 1,001 decisions you need to make so important things happen on time. You have commitments! You have less time for some of the things you love doing too. Less time to work with clients.  Less time to find new opportunities. Maybe even less time to enjoy the rewards…

If the thought of starting a new company scares you, then what I’m about to suggest might terrify you: Consider starting a new company in a realm in which you have no experience. Before you run for the hills, keep reading. When done the right way, this risk can pay off with big rewards. I’ll illustrate how — and how not to — succeed when venturing into the unknown when starting a business. Meet John John has been working the same job for years, and he’s ready for a change. He…