Organizational Structure: do you even need to formalize it when you have a relatively small business? The answer to that question is a straightforward “Yes.” Your Organizational Structure not only captures who is responsible for what but also the reporting and communications lines that tie everything together. To give you a better idea on the […]

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It’s no secret that remote work can be amazing for your business. It allows you to hire the very best talent all over the world without the hassle of issuing visas, relocation packages, and so on. And to add the icing on the cake, remote employees are noticeably more productive, engaged and happy than those […]

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There comes a time in every business’s lifetime when it’s time to scale. I’ve seen many business owners and CEOs hit rock-bottom when their company expanded from a small team of 10 to a bustling network of 40. What? Isn’t expanding a good thing?  Yes! But many times, we aren’t ready for that expansion. A few […]

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HR is a core function of any business. How well you manage your employees will have a huge impact on the organizations future, be it positive or negative. If done right, your employees will stick around longer, and the workplace as a whole will be a much better place for everyone. This, however, isn’t all […]

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In an increasingly globalized economy, businesses that handle money – especially banks – are considered more vulnerable to illicit activities. Know Your Customer (KYC) laws are designed to secure banks against potential fraud, money laundering, and terrorist activities. Global standards have been put in place to limit access by criminals presenting as potential customers. In […]

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More heads are better than one, right? For many teams, group conversation seems to be the prevailing brainstorming technique. Get everyone on the team into a conference room, introduce the question or challenge at hand, and wait for the ideas to flow freely. It’s as if – by magic – the next winning idea will […]

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In any line of business, change is inevitable. If we fail to move with the times, if we don’t continuously strive for improvement and growth, our businesses will stagnate – and they may even die. But resistance to change is almost as inevitable as change, and teething troubles while people get used to new ways […]

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If you’re already working with a remote team, you’ve already gained a significant advantage over your competition. Remote employees come with all sorts of benefits, such as reducing employee stress or increasing overall company productivity. Remote work, however, isn’t all flowers and rainbows. Managing a remote team can be tough, more so than with a […]

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A team that works well together will be more productive, successful, and will be much easier to work with. But the minute you suggest trying out a few team building games you will probably be met with more than a few eye rolls and blank stares. And you can probably relate to that. Team building […]

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Retaining top talent is a very high priority for any company, big or small. According to the Center for American progress, hiring and retraining new employees can be extremely expensive, costing the company up to 20% of the employee’s annual salary.  The retention problem, however, has a very simple solution – creating a robust employee […]

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