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Category Archives: Business Tips

  1. Projecting What Your Business Looks Like in 2025

    One of the most common aphorisms in investment is that the markets hate uncertainty.  Businesses hate it, too, and for good reason.   Businesses make money by investing in the ability to deliver their goods and services more efficiently, and make their money back through increased profit margins on each future sale.  But if they plan…

  2. Providing Meaning to Your Employees

    What’s More Important Than Money? Depending on where your business is located in the Triangle, unemployment is somewhere between 2.8% (Cary and Apex) and 3.6% (Chapel Hill).  If you’re like most executives, you’re probably trying to figure out how to hire in this environment.  A 3% unemployment rate means that nearly all qualified prospects are…

  3. Two Signs You’ve Outgrown Your One-Person Technology Team

    Most companies start out with zero IT support staff, if you exclude the person who has to stop what they’re doing and figure out what’s going on when technology stops working.  As the company grows, that person might track down a freelancer they can pay to come help with the network when they get in…

  4. Every Risk Doesn’t Lead to a Cataclysm

    Risk has always been a potent marketing tool.  First, an advertiser finds some latent fear – a health crisis, a major vehicle repair, a tax audit – and then they blow the issue up, to get your heart beating faster.  Now that they have your attention, they tell you that for a price, they can…

  5. Should You Slow Down During an Economic Slowdown?

    If you’re like most businesses, you’re hiring right now.  Despite an impending global slowdown, the United States economy continues to deliver strong results.  Most companies are experiencing a shortage of qualified job applicants, and in some cases they’re passing on business opportunities they’d love to take due to a lack of staffing to handle the…

  6. Three Requirements for Employee Access to Company Data

    Who has access to sensitive files on your network?  You’ve probably locked down sensitive files, such as HR and bookkeeping information, ensuring that only certain people can view them.  But how about corporate strategy documents?  Data about your clients? Your sales team’s interactions with prospects? This is a question of employee trust, but it’s much…

  7. Want Successful Employees? Find the Ones That Value Relationships.

    It’s easy to write a business book on what it takes to succeed.  It’s hard to back that up with real data. Jim Collins’ business books are famous for this – each are based on years of meticulous research, scouring data on hundreds of successful companies for the small number of things that nearly all…

  8. What’s Backing Up Your IT Service Provider’s Promises?

    There are plenty of things to worry about with business insurance – what is covered, whether the deductible is affordable, and what you must do (and avoid doing) to keep the policy in force.  One thing you generally don’t have to worry about is if the insurance company is keeping enough money on hand to…

  9. Three Technology Options to Avoid in 2019

    It’s a new year, and every marketing team with access to your inbox is promoting how you can get better business results this year by buying their products.  If you bought them all you’d be bankrupt by February. That’s not to say that none of them are great products – some might be.  But if…

  10. Recognizing Your Employees – In a Meaningful Way

    The numbers on what percentage of companies offer a year-end bonus aren’t clear.  One study pegs the number at 63% of all businesses, while another says it’s only 35% of small businesses.  Regardless, millions of people will be receiving year-end bonuses, and millions of those bonuses will be based on their contributions to the company….