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Struggling to Get Your New Business Off the Ground

Starting and running a new business may have been a long-time dream come true, or it may be the result of being laid off or downsized that has forced you to take the plunge into entrepreneurship. Whatever the reason may be, getting a new business off the ground can be difficult – even without having to answer to a boss. In fact, in many ways, going this route can be even more daunting, as most new business ventures don’t come with any type of guaranteed income (or an instruction manual). There are some steps that can make the process easier, though – and, knowing that you’re not alone can also help. First and foremost, it is essential that you know your market. While you may think that you’ve got a great product or service, the reality is that, if no one is in...

Does Your Management Style Gel with Your Employees

Depending on your management style, there are some business owners who are able to easily lead their employees and keep them motivated in moving the company towards its mission, and ultimately move towards good, solid profits. For others, though, coming up with great business ideas may be your forte – but managing other humans, not so much. Six Key Management Style Attributes If you are currently managing people (or you soon will be), there are six styles of management or leadership cited in a recent Hay-McBer study that people usually engage in. These include the following: The Directive – Managers with a directive style will usually lead in more of a controlling manner. For example, they will closely monitor their employees in a “do it the way I tell you to” way. ...