Employee retention strategies

Employee retention strategies

Employee retention strategies and how to retain your people comes down to trust and creating a powerful WHY.

Companies which are in tune with their ‘WHY’ are more likely to retain their staff. This is because employees who work for a WHY do so for more than simply a pay cheque.

Also by employing the right people in the first place will mean they are more likely to stay with you, which means your employee retention rates will improve.

Putting employees first over customers and shareholders will improve employee retention rates too, which has been proved at Southwest Airlines.

Going concern value

Going concern value

Going concern value and the definition of going concern. Broadly speaking going concern is referring to a business operating at a profit, which is expected to trade for the foreseeable future.

The foreseeable future for this purpose is normally regarded as 12 months. Going concern value is key if you are selling a business as a going concern. Likewise if you are buying a business as a going concern, you will be keen to know whether the business is likely to continue trading into the foreseeable future.

The value of a business will be adversely affected if it’s not considered to be a going concern. In this case either a liquidation value or a receivership value will be placed on the business.

Side Hustle – Side hustle entrepreneur

Side Hustle – Side hustle entrepreneur

If you’re looking to make money online, then a side hustle is worth considering. You can start a small business on the side with very little money. Use the extra cash to supplement your job income, pay for holidays or use it to provide you with the freedom to do what you want with your life.

8 great ways to make extra money with little of no money. Become a side hustle entrepreneur…be an affiliate marketer, an app builder, build websites or begin drop-shipping.

If you’re looking for more freedom or if you’re a stay at home mom looking for ways to make money online, a side hustle is a great option.

Elevator pitch examples for business

Elevator pitch examples for business

Elevator pitch examples for business and for entrepreneurs. An elevator pitch is a key sales tool for business owners and entrepreneurs. They can be used to secure new customers or an investment.

30 second elevator pitch examples and 60 second elevator pitch examples to provide inspiration for your elevator pitch.

How to write an elevator pitch and what are the mistakes to avoid. Examples include a 30 and 60 second speech for a web developer, a pitch for a startup, a speech for accountants and one for an entrepreneur pitch to a supermarket.