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Putting up your own business is a challenging but fulfilling prospect. Having your own business means being able to finally pursue your passions and follow your own creative instinct. When you have your own business, you are definitely your own boss and you have the freedom to make your own time and follow your own vision.
Running a small business is extremely challenging. Unlike a large company, you, as the owner, have to do almost all things. You take care of the daily operations, marketing and promotion, staff management, lead generation, and so much more. You certainly have a lot on your plate.
Time and money are every business’ most valuable resources. Companies looking to get more stuff done, increase their revenues, and achieve their goals should employ effective time management strategies.There are many time management techniques at work that managers and HR can try.
Needless to say, your employees are the backbone of your business. Engaged, satisfied, and happy employees have higher levels of productivity and are more efficient at work. This isn’t just a logical statement. It’s backed by science too. According to research, happy employees are 20% more productive than their unhappy peers.
Productivity is defined as a measure of the efficiency of a person against the time and resources incurred. Put simply, it is value divided by time. According to the latest data from the Bureau of Labor Statistics, Americans work for 34.5 hours per week, which is about 8 hours every day.