Every business should be aware of how their customers perceive the services and products offered. What better way to gain customer feedback than to conduct an online survey? Surveying is a great opportunity for you to discover what features of the business work best, and where improvements should be made. It is an inexpensive way to improve services and productivity, and in turn, increase profits through customer satisfaction. The Right Tool for the Right Job Gathering customer feedback is easy to do with online surveys. Learn what customers think about your products and services, and even … [Read more...]
Internal Business Audits: The Financial Audit
March 20, 2011 By Leave a Comment
One of the best ways in order to ensure that a business is operating as it should, is to conduct a financial audit. A financial audit is an internal audit that many owners and managers of a business will conduct this audit in order to assess the financial aspect of the business. By assessing the financial aspect of the business the owners and managers can assess where the company stands and what might need to be improved in regards to the finances and other aspects of the business. A financial audit will usually contain the following actions: A close examination of the bookkeeping of … [Read more...]
Bad Business Mistakes
March 18, 2011 By Leave a Comment
Mistakes are all a part of life. However, in the business world there are few critical mistakes that you never want to make and that can be extremely detrimental to your business. Here is a look at some of those mistakes that businesses should try to avoid making at all costs. Extreme Firing/Layoff of Employees Layoffs and firings are all part of the business world. However, as a business you should try to avoid any extreme layoffs or firings as it can often look bad for the business. If you do have to let people go, try to do it in small groups or as discreetly as possible. Lack of … [Read more...]
Internal Business Audits: An Operations Audit
March 16, 2011 By Leave a Comment
Every business regardless of the small or large business must conduct internal audits in order to assess how the business is running. When a business conducts an internal audit there are three parts to the internal audit. These parts include management, operations and financial audits. While a management and financial audits are self-explanatory, and operations audit can be harder to describe. Here's a look at what an operations audit can examine and look at for businesses. The main goal of the operations audit is to examine the current operational structure that a business uses to operate. … [Read more...]
Putting Together a Marketing Team
March 14, 2011 By Leave a Comment
If you have a business, one thing that you need to have is a good marketing strategy. Marketing is extremely important, especially in the digital age. It is more than just getting people in the door and selling your product or service. Marketing is about getting your name and branding out there so people know who you are and what you do. You need to make sure that your marketing team understands that there is more than Facebook and Twitter. When you are marketing, you also need to get your information to resources like canada 411. A lot of people will find you by searching for what your … [Read more...]
Internal Business Audit: A Management Audit
March 9, 2011 By Leave a Comment
When businesses hear the word audit they often assume that the audit is in reference to the IRS. However, most successful businesses will conduct an internal audit. Internal audits are a way for business to examine various aspects of the business which allows them to gauge how well their business is operating. There are three types of internal audits that a business can run. These audits include financial, operations and management. Here is a look a closer look at what occurs when a business runs a management audit. A management audit will typically examine the fundamental aspects that keep … [Read more...]