Companies must scout for new talent to build companies and fill vital positions within their organizations. Current statistics show a perceived shortage in talent among 42% of employers. This means that many companies are finding it increasingly difficult to find candidates for essential roles in their businesses. Improving your recruitment process can give you an advantage when looking for new talent. Improve the Interview Process Top recruits understand what a quality interview process looks like. Good candidates are just as much interviewing the interview as much as the interview is interviewing them. Structure your interview process with this in mind. Make sure the candidate’s resume is thoroughly reviewed before the meeting. Pay Closer Attention to Job Postings The mistake many companies make is that they post a job and fail to pay close enough attention to its effectiveness or visibility to job seekers. If your job posting is notContinue reading
General Business Articles
How to Get More from Your Business
As a business owner, you want to get the most from your company; you need it to be productive, successful and profitable. However, even some of the most successful companies can learn to get more from their business setup, it can help to drive higher profits and create more sales. If you think that you can get more from your company, then there are a few ways that you can adapt your business plan to help you. Assess Your Company It is important to understand the way your company is operating and the processes that are in place. It will give you a better idea of where you can improve performance and create new ways to increase profits. Take a look at all aspects of your company, as even the smallest of issues can have a big impact on your efficiency. For example, if you are looking at your company’sContinue reading
The Best Business Models for VC Pitches
According to PitchBook, there was more venture capital invested in the first six months of 2018 in the United States than any other six-month period in recent history. If you’re looking to raise funding from venture capitalists (VCs) for your startup, the first step is to create a pitch deck, which is a brief presentation providing investors with an overview of your business. Those who are trying to come up with the best idea for a startup funded by VCs, may want to consider which business models have been the most successful. Airbnb Airbnb is a two-sided online platform that’s community-based. It helps to facilitate booking accommodation for travelers in private homes or other dwellings by allowing owners to list their space and earn rental money. For example, if you purchased one of the Colorado Springs homes for sale, you might use one of the bedrooms as a rental forContinue reading
Food Traceability – Definition, Meaning and Advantages
Food traceability and safety is an up and coming trend. With the slow food, organic, and natural movements more consumers are wanting to know where their food is coming from. Food producers also are making food traceability a trend because each producer wants to know who they can point fingers at when a customer claims that they have become sick from a producer’s food. For most producers, traceability is just one element of any supply-management or quality/safety control system. Tracking an apple from the tree to your mouth is something that each producer needs to know. They need to know where that apple was to make sure that the apple did not go anywhere it shouldn’t have been. So, what exactly is food traceability? How does it work, and what can it accomplish with regards to safety? What is traceability and how does it pertain to our food system? TheContinue reading
The Best Fix and Flip Financing Options
There are many financing options available for buying a home, but what about buying a house that you don’t intend to keep around for the next 15 to 30 years. If you’re looking for financing to begin flipping houses, you’ll need something a bit different than a standard mortgage with a substantial down payment. Consider these options when you’re looking for the right financing opportunity for you. Hard Loan Options There’s a lot of speculation when it comes to defining the term “hard money,” but the overall consensus is that it means “harder” terms and conditions with the loan. Each loan application comes with its own set of expectations. But generally, hard money loan options have high expectations of the person gaining financing and high expectations concerning collateral. The great benefit of fix and flip financing with a hard loan is that it is more focused towards investors. The higherContinue reading
Female or Women Entrepreneurship – Definition, Advantages and Disadvantages
Women constitute around half of the total world population. They are therefore regarded as the better half of the society. In traditional societies, they were confined to the four walls of houses performing household activities. In modern societies they have come out of the four walls to participate in all sorts of activities. The global evidences prove that women have been performing exceedingly well in different spheres of activities like academics, politics, administration, social work and so on. Now they have started plunging into industry also and running their enterprises successfully. Although small businesses owned by women have traditionally focused on fashion, food and other services sector, but recently women entrepreneurs have been moving rapidly into manufacturing, construction and other industrial filed. Women owned business are lightly increasing in the economics of almost all countries. The hidden entrepreneurial potential of women have gradually been changing with the growing sensitivity toContinue reading