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GET CONNECTED TIPS
Nifty ideas you can use to build a better
business
Can’t Get A Loan?
If banks have been turning you down for a small-business loan, your accounts receivable might be the deal breaker. Lenders don’t want to see a business waiting for its money. Old accounts receivable are an indicator of slow-paying customers and uncollectible accounts. The solution? Collect every penny you can on accounts that are overdue before you ask for a loan.
Promote From Within
Want to boost employee loyalty and improve productivity at your small business? Then give employees the top jobs rather than hiring from the outside. Here’s what you’ll gain by promoting from within:
Employees who know that you value them will give you their loyalty You’ll save time and money on training costs because employees already know your business operations and customers Employees who can see a career path in your business will remain dedicated Employees who are encouraged to learn new skills and expand their responsibilities stay excited about their jobs – and more productive
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