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Articles tagged: Business Management

fight flight freeze

Fight, Flight, or Freeze: Dealing with Business Conflicts

How should business conflicts be handled? Instead of responding to “fight, flight, or freeze” instincts, it’s best to address these situations with care. Find out how to handle family and non-familial conflicts in a business environment.

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private company board of directors meeting

What is the ROI for a Private Company Board of Directors?

The value of a high-performing board of directors is obvious to a business owner when the process is well managed. Identify the different ways to create an effective board of directors that will strengthen your company.

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Talent Development

Talent Development Strategies for the Talent You Have Today but Need Tomorrow

Your talent development strategies should consider the talent you want and how it compares to the talent you have today.

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Employee Development

Employee Development and Retention: How to Invest in People and Boost Your ROI

Employee development and training is crucial to avoid turnover and the costs of onboarding new employees. Learn how to retain your talent.

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Sunk costs

Don’t Let the Sunk Cost Fallacy Sink Your Business!

Don’t stay on a course of action just because you’ve already put in the time and money. Learn how to overcome the sunk cost fallacy.

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Franchise

3 Advantages (and Disadvantages) of Owning a Franchise for Aspiring Entrepreneurs

Owning a franchise is a great way to transition from a corporate job to self-employment. But, the benefits of a franchise come with caveats.

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Business risks

Don’t Depend on Insurance: How to Proactively Assess and Manage Business Risks

Don’t manage business risk by simply buying insurance. Learn how to reduce and avoid risk with a proactive risk management plan.

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Exceptional Employee

Fairness in the Workplace: Why You Can’t Make Exceptions for Exceptional People

No matter how stellar your star employee is, making exceptions for poor behavior sets a precedent that damages company culture.

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Inventory

‘Know Thy Numbers’ Installment 6: Inventory Accounting

Inventory accounting values a company’s inventory, or saleable products, and analyzes the health of inventory flow.

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Management Succession Planning

How to Plan for Management Succession

Planning for management succession is easier once you know your company’s business objectives and talent needs.

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