Employees in the modern workplace are not merely cogs in a machine. They contribute to their work and help make profits for their employers or customers. They are the most important part of an organization and should be valued in the best way possible. But some employers tend to abuse their power in the workplace
Entrepreneurs are people who operate a business, often at great risk. They’re staking their ideas, values, and even finances on the line, with a small percentage of success. However, should they find success, they will reap great rewards. And perhaps, this is the primary reason why many people are enamored with the idea of an
Accidents happen in the workplace a lot. Around the globe, 340 million workplace accidents happen every year. Meanwhile, around 2.3 million people, unfortunately, don’t survive workplace accidents and illnesses. Most Common Workplace Accidents Many accidents may occur in the workplace. Some of the most common are as follows: Slips and falls – A person can
Businesses are very vulnerable to lawsuits, especially small businesses. One out of three small businesses is threatened with litigation each year. Altogether, they spend over $100 billion on legal action. If you want to protect your business from getting sued or being threatened with a lawsuit, you need to be informed about some of the most
Imagine the following scenario. You are a citizen of Country A, a small, developing nation. You decide to move to Country B, a large, developed nation. After a few months, you start a trading business and open a small office. You hire a few local workers to take care of daily essentials and a few
Employment disputes often equate to financial losses and organizational unrest. They’re frustrating not only to the employer and the employees directly involved but to the company as a whole. Rarely do these things happen without everybody in the office knowing a thing or two about the dispute. How you handle it as an employer will
Running a business entails efficient juggling of core operational systems. There’s marketing management to perfect. There’s inventory management to master. And there’s people management to intuit. In all of these systems, problems can easily arise. If the mishap is something you can fix internally, that’s all well and good. But what happens if the issue
Whether you want to begin selling your artwork or grow your existing business, there are so many hats that an entrepreneur needs to wear. You will need to become as expert as you are able in every aspect of the business world. Unfortunately, everyone will have advice for you, and information overload is ever around
Running a startup is never easy, and one wrong move can destroy your business entirely. Not only will you have to worry about day-to-day operations, but you also have to learn how to navigate the complexities of business law. But unlike multinational corporations, small businesses often lack the resources to retain a lawyer, let alone
The COVID-19 pandemic is affecting businesses around the world. While essential businesses like hospitals, restaurants, and supermarkets continue to operate, many non-essential businesses are either temporarily closing or shifting their workforce to a work from home scheme. What this means for the country’s workforce, however, is that many businesses are facing losses from the low