More than 30% of job applicants find new opportunities through referrals and professional connections. Successful networking can open doors to unexpected opportunities that would otherwise prove out of reach. However, you should understand the differences between networking and randomly meeting new people on a night out. Below are a few things you should know to benefit from successful networking.
Remote and hybrid work continued to grow in 2022, since it’s a good idea for cost-cutting. Thanks to cloud computing, remote work has contributed to business continuity through the pandemic. Here are developing trends that will impact the workplace in 2023.
Coworking spaces have gained much attention in the business world due to the rapid rise of their popularity. These spaces are known for their unique designs, including wide-open office layouts and relaxing work areas for people from various fields. Coworking is a crucial part of the business strategy for an entrepreneur, and it can make the difference between success and failure.
While running a business during economic uncertainty is challenging, it is also a unique opportunity for businesses to grow by providing innovative solutions. This guide help business owners figure out what to prioritize and consider as they navigate a challenging and uncertain national and worldwide economic situation.
The desire to become an entrepreneur is admirable, but like any significant venture, it takes time and work. You need the right ingredients to succeed as an entrepreneur. So, if you’re considering starting your business, here are the ingredients of successful entrepreneurship.
Email marketing is the most effective way to engage and reach your customers. With projected revenue of over $10 billion in 2023, email marketing is a powerful tool to grow your business revenue. The adoption of automation significantly increases the effectiveness of your email marketing campaigns. If you are a small business owner, here are the best email marketing practices you should keep in mind.
Clear and periodic internal communication strengthens a business. After the pandemic led to a tremendous wave of remote work from home, it’s important for employers to stay in close contact with remote workers. Strong communication is important for both office and remote workers to ensure your team is closely connected with your goals, vision and values.
The focus of any business trying to attract online leads should be on its target audience. Once you decide on who you want to reach through various marketing channels, you can build a customized marketing strategy for different segments of your target market.
The pandemic has impacted the economy in multiple ways including employment and career reassessment. Not only did the shutdowns lead to many small businesses closing, millions decided not to return to their jobs. The result has been tightened supply chains, rising consumer prices, and job shortages.
Job retention is critical for employers due to the high cost of onboarding. Voluntary employee turnover, though, is expected to increase about 30 percent by 2023. The cost of hiring an employee can be as much as a third of their salary, according to a recent Work Institute report. Here are measures you can take to retain your most productive employees and reduce turnover.