Tweak Your Biz » Management

Great ideas deserve a chance to prove how they can really make a dent in the world. Till recently, ideators and budding entrepreneurs had institutional options like bank loans, equity investors or government subsidies to choose from, to fund their dream projects. With the rise of crowdfunding, the barriers to entrepreneurship have tumbled quickly and the power of the internet has fuelled new businesses like never before. “Crowdfunding platforms raised $2.7 billion and successfully…

Nowadays, it is important to be an important and valuable employee. Many companies are laying off people and are downsizing so it is imperative that you have something to offer for the company you are working for. Here are some suggestions on how to become a valuable employee for the place you are working for. #1. Understand Your Company’s goals Many employees do not take the time to understand the goals of the place they are working at. It is important to know the short and long term plans…

I came across this article the other day – Warren Buffet Sounds Worried About Self Driving Cars –  and I got worried. I’m a lawyer, I run a law firm specialising in personal injury law. The linked article is essentially about how Warren Buffet, who owns large insurance investments among many other things, is worried about the effect self-driving cars might have on the insurance industry.   Incidentally I am a big fan of Buffet’s writing, if you haven’t read “The Essays…

When it comes to employment law, organisations have policies and procedures in place for numerous reasons, reasons which include transparency, consistency, fairness and clarity. Accordingly, when an Organisation has a policy or policies in place why are these not always adhered to? Motives For Not Following Policies There are multiple motives to compel an Employer not to follow their policies and procedures, for example to reward an Employee by paying for a period of leave that the policy…

Every industry has its own set of standards and regulations that the business must comply with in order to be deemed credible and trustworthy by customers. Depending on the industry you operate in, the standards might differ. Here are some of the major industries and the international standards that businesses in these industries must look into. Technology Infrastructure If you are a business that offers web hosting services, document storage services or broadband services, then one of the…

Ok, right out of the gate, in the interests of full disclosure: my name is Flor and I’m a lawyer. So let’s get the jokes out of the way first: How do you tell if I’m lying? What do you call a bus full of me and my friends going off a cliff? What’s the difference between a dead skunk and a dead lawyer on the roadway? (And in case you haven’t heard any of these old chestnuts, I’ll enlighten you as we go.) I get the fact that not everyone holds lawyers in the highest esteem, but if…

YellowSchedule is a cloud based appointment management and customer relationship management (CRM) for mental health professionals. The company was co-founded by brother and sister duo Martina and Michael Skelly in 2011, for this #TYBSpotlight, I interviewed Martina to find out more about their software and success. An interview with Martina Skelly, YellowSchedule Co-founder by Donncha Hughes, TYB Contributor. #1. Donncha Hughes (DH) – What is YellowSchedule, who are your customers and…

Business owners and executives in small to mid-sized businesses know how hard it is manage their time between their work and personal lives. it can feel so much like a juggling act, particularly during growth phases. There are all kinds of time management tools out there from seminars to smart device apps. If it were just about getting the work done, we’d all be super productive. But what if it’s something else? What if everything you thought you knew about time management is…

To keep ahead of competition, your business needs to run efficiently. If your business does not follow current trends then it won’t succeed in the market. In simple terms, business efficiency means making the most out of what you have and how you can become a leader in the market. As a small business owner, you should have core assets like cash, employees, vehicles, premises, and access to products and services but the most important aspect is how often these assets are delivering…

A year or so ago the Harvard Business Review had an interesting article on two personality styles and the watch-outs regarding matching up pairs of people in boss/subordinate roles.  They categorized people as being of two types: promoters and protectors. Promoters see their role as creating a path to win.  They are comfortable taking chances and like to work quickly.  They dream big and think creatively.  Naturally, this makes them more likely to make mistakes, not think things through,…