Passive Recruitment: Why & how to approach passive candidates?
Businesses that search for the ideal new hire have a pool of candidates to choose amongst. However, not all professionals are unemployed and looking for a job. So, companies may not be able to focus only on active recruitment. According to a 2019 research by hrcloud.com, the job market is made up of passive candidates …
How to effectively structure and run a client meeting
Business owners, managers, salespeople, and team members have a part in creating the ideal conditions for a client meeting. There is no successful meeting without proper planning, preparation, and execution. When you showcase your business proposition or come together to plan future moves, you should be all set up. This way, you will be able …
Why do companies choose to outsource work & how to do it right?
For decades, businesses were used to hiring permanent employees to staff their workforces. In recent years and with the unfortunate extent of events around COVID-19, remote contract labor has become the new business norm. A study commissioned by Upwork and Freelancers Union back in 2017 foresaw that the majority of the U.S. workforce would be …
Communication overload at work: How to deal with it
Ιn today’s hi-tech world, a wide range of apps, platforms, and software has been created. The goal is to get messages across in a much more accelerated way. Emails, texts, calls, and calendar notifications are just some of the forms of messaging that employees have to accept, monitor, and filter while working on projects. Just …
The importance of recruiting millennials in the workforce
The influx of millennials has created a domino effect in today’s business world. They have a keen desire to better the working environment for themselves and the professionals to come. In 2020, rising millennials will also be superior in numbers, a fact that helps them change the present concept of the workplace since they will …
Contract Disputes And How To Effectively Handle Them
Contract disputes and disputed invoices regarding finished projects concern a considerable amount of companies and professionals. These problematic aspects of client collaboration can be instigated either by clients or contractors. According to contractassistant, Tim Cummins, CEO of the IACCM (International Association for Contract and Commercial Management), stated that around 9% of contracts involve claims and …
Are online banks safe to use? The whole truth
In a fintech world, it is only logical that people have questions in mind when it comes to newer financial institutions that arise. So, what is digital banking? Are online banks safe? What are the risks of online banking? The latest trend of digital banks emerged with occasional benefits and drawbacks when compared to traditional …
The right way to choose a bank for your small business
Being in business means that you need to have full control of your financial affairs. That is the reason you should have a bank account (or multiple ones) suitable for your business state. Of course, there are different types of banks that offer different accounts, products, and banking services. The right bank will help you …
Emergency solutions to the COVID-19 financial issues
The year 2020 has been and still is difficult on a business level for professionals around the world. The pandemic of COVID-19 has created an unstable situation with many financial issues. According to bestmoneymoves.com, in April 2020, more than 20% of business owners have altered their course, by limiting their expectations, targeting more realistic goals …
Successful project billing and its different methods
A big part of effective project management is pricing and billing your products/services appropriately. Teams should put enough focus on creating excellent deliverables as well as on learning how to bill their projects. There is a variety of different billing processes, like fixed pricing. Each of them works well with different types of projects. As …