Business http://www.my-monkey-business.com www.my-monkey-business.com Thu, 03 Feb 2011 12:24:09 +0000 http://wordpress.org/?v=2.6.2 en All About Employee Retention http://www.my-monkey-business.com/all-about-employee-retention.html http://www.my-monkey-business.com/all-about-employee-retention.html#comments Thu, 03 Feb 2011 12:24:09 +0000 Darren http://www.my-monkey-business.com/?p=1772 It is true when people say that the most important assets of any business firm is its employees. This is because without the workforce, it is rather impossible for companies to complete their production operations, administration processes, and other related functions. Indeed, it is important for employers to devise specific programmes where every staff member can feel valued by the company. Doing so will make every employee happy and contented with their jobs, leaving them with no reason to find another employer.

There are many types of schemes that business owners can employ in order to keep their workers happily working for them. First of all, the appropriate compensation must be given to team members who are assigned to do different tasks. Aside from that, the appropriate mandatory and fringe benefits must be given to the members of the workforce. In addition, recognition and acknowledgement sessions for remarkable performance should be held every once in a while. This will boost the morale of the workers, improving their drive to strive harder.

Companies can utilise various retention programmes that are available today. They can apply a combination of schemes in order to create an appropriate one that matches the needs of the staff and the culture of their respective firms. If owners of businesses do not want to lose the best performers in the various departments, they should do something about empowering their staff today.

]]> http://www.my-monkey-business.com/all-about-employee-retention.html/feed Types of Retail Gimmicks http://www.my-monkey-business.com/types-of-retail-gimmicks.html http://www.my-monkey-business.com/types-of-retail-gimmicks.html#comments Thu, 03 Feb 2011 12:23:00 +0000 Darren http://www.my-monkey-business.com/?p=1770 In order to attract more customers to their shops, there are plenty of merchants who make use of different strategies every now and then. One of the most popular publicity stunts that retailers are fond of implementing is the discount. Sellers of different goods and providers of diverse services offer price reductions to their customers because they know that consumers like bargains. Whenever shoppers see stores that offer price cuts, they are instantly attracted to the said establishments. More often than not, they end up buying whatever it is that the merchant is selling to them.

Another well-known gimmick is product bundling. Usually, a group of goods is sold as one unit at a low price. This is done by businesses in order to sell their existing stocks at a faster rate than the normal turnover. Consumers need to be careful, though, because some of the goods bundled together are already nearing their expiration dates. Nevertheless, if they want to get the best out of their money, they can always take advantage of this type of sales marketing.

Other forms of gimmicks that sellers use include in-store specials (where products can be bought at a special price during off-peak hours), free shipping, ‘buy one, take one’ schemes, and many more!

]]> http://www.my-monkey-business.com/types-of-retail-gimmicks.html/feed Delegating Responsibilities to Your Employees http://www.my-monkey-business.com/delegating-responsibilities-to-your-employees.html http://www.my-monkey-business.com/delegating-responsibilities-to-your-employees.html#comments Thu, 17 Jun 2010 02:25:48 +0000 Darren http://www.my-monkey-business.com/?p=1768 To push your business to success, you do not need to work yourself into exhaustion. This can only serve as a strong recipe for failure, as not only do you overwork yourself, you also tempt your staff to be lax about their duties. You can, instead, polish your delegating skills. Delegation is when you share power and responsibility to your employees. You do this by assigning capable people with important tasks along with the authority to achieve them. You can make your entire team stronger by following these suggestions.

First, identify the tasks that you need to delegate. You should be able to define them clearly in your mind before you assign them to others. Furthermore, remember to match your employees’ skills to the tasks that you assign to them. Clarify the nature of the tasks as well as the results that you expect. Finally, set clear deadlines so you no longer have to keep following up on the job later on. When you learn to delegate tasks, you not only empower your employees, you also give yourself more time to focus on other important aspects of your business.

]]> http://www.my-monkey-business.com/delegating-responsibilities-to-your-employees.html/feed Leading Effective Business Meetings http://www.my-monkey-business.com/leading-effective-business-meetings.html http://www.my-monkey-business.com/leading-effective-business-meetings.html#comments Thu, 17 Jun 2010 02:25:16 +0000 Darren http://www.my-monkey-business.com/?p=1766 A business meeting can only be successful if it able to meet its targets in an effective way. To do this, you need to be able to lead your meetings and structure it so that it is able to achieve its purpose. If you find yourself constantly leading these kinds of corporate events, here are some tips on how you can make them more effective.

The first thing you need to do is to determine who needs to attend. Try keeping the number of attendees small, as large meetings often have a tendency to be unmanageable. In addition to this, you should set definite starting and stopping times. Furthermore, prepare an agenda of the issues that will be tackled in the meeting, starting off with simpler matters and leading to the more complicated ones. Finally, set a discussion period after your presentation wherein your employees can ask important and pertinent questions. One of the important aspects of an effective business meeting is proper communication between the participants.

]]> http://www.my-monkey-business.com/leading-effective-business-meetings.html/feed Financing a Small Business http://www.my-monkey-business.com/financing-a-small-business.html http://www.my-monkey-business.com/financing-a-small-business.html#comments Thu, 17 Jun 2010 02:24:50 +0000 Darren http://www.my-monkey-business.com/?p=1764 If you own a small business, one of your foremost considerations can be how to get financing for it. Getting such for your establishment will depend on a variety of factors, some of which are the following. First, capital is a primary consideration. You need to decide how much money you would require to start or expand your business. The next step is to write a business loan proposal that clearly defines your company’s financial background as well as projected profits.

After you have completed such a proposal, you need to get a credit report. This document is important so you can proceed on smoothly to the next step, which is to apply for a loan. If yours is an existing business, you should put in a request for a bank loan. If you own a start-up trade, however, you should sign up for a small business administration secured loan. Furthermore, if what you require is only a small amount of money, a personal loan should be enough for your needs. Think up of many ways to get financing for your small business in order to ensure its smooth operations.

]]> http://www.my-monkey-business.com/financing-a-small-business.html/feed Writing a Business Letter http://www.my-monkey-business.com/writing-a-business-letter.html http://www.my-monkey-business.com/writing-a-business-letter.html#comments Thu, 17 Jun 2010 02:24:27 +0000 Darren http://www.my-monkey-business.com/?p=1762 There is a separate format used in writing a business letter that is different as the style used in a casual letter written to a friend or a family member. When writing the former, it is important that you employ a formal tone, as you use such a letter to communicate properly within your company or to another establishment. Here are some more rules that you should take note of when writing a business letter.

First off, keep in mind that a full block format is the preferred style in this type of communication. That is, you start all your lines at the left with no indentations. In addition to this, you should not write formal letters by hand, as doing such reduces the formal tone of the correspondence. Use a word processor to encode your letter instead. Moreover, it is also preferable to use your company’s letterhead. If you do not have one, however, you can opt to use formal stationery, which is also acceptable. Think of these rules when writing a business letter.

]]> http://www.my-monkey-business.com/writing-a-business-letter.html/feed Formal Business Attire for Men and Women http://www.my-monkey-business.com/formal-business-attire-for-men-and-women.html http://www.my-monkey-business.com/formal-business-attire-for-men-and-women.html#comments Thu, 17 Jun 2010 02:23:58 +0000 Darren http://www.my-monkey-business.com/?p=1760 Formal business attire is what many men and women wear to give off an impression of professionalism in the workplace. Unlike casual business clothing, which allows a person more freedom to express his individual style, this kind of workplace fashion scheme is controlled by stricter and less forgiving dressing policies. For men, their usual business outfit consists of a tie, dress pants, a suit jacket, and white shirts. Dark-coloured fabrics and conservative patterns are usually the acceptable norm. Moreover, loud and flashy clothing are avoided as a rule.

For women, their complete outfit consists of a formal blouse, paired off with either a pant suit or a skirt. When it comes to the colours of their outfits, women generally have more freedom than men to experiment, the acceptable colours being white, off-white, beige, brown, blue, pink, and even yellow. However, too extravagant designs and patterns should also be steered clear of. Finally, a woman’s attire is not complete without the requisite formal shoes, accessories and stockings.

]]> http://www.my-monkey-business.com/formal-business-attire-for-men-and-women.html/feed Modern Office Ergonomics http://www.my-monkey-business.com/modern-office-ergonomics.html http://www.my-monkey-business.com/modern-office-ergonomics.html#comments Fri, 08 Jan 2010 03:56:17 +0000 Darren http://www.my-monkey-business.com/?p=1758 The interdisciplinary study of employees towards their functions and physical relationship at work require offices to be more sensitive to the needs of employees. Since employees spend most of their day in work places, it is essential for working environments that are safe, injury-free, and conducive for productivity.
Employee stress and fatigue are highly attributed to poor operational practices and processes. These include repetitive movements, prolonged positions, and poor body alignment towards machines and tools. For offices, ergonomics furniture such as re-engineered chairs assists employees in proper body posture preventing musculoskeletal problems; keyboard typing and mouse positioning relaxes the upper limbs; whilst proper lighting adjustments and anti-heat glasses protect employee vision against glare and radiation.

]]> http://www.my-monkey-business.com/modern-office-ergonomics.html/feed Strutting Office Fashion http://www.my-monkey-business.com/strutting-office-fashion.html http://www.my-monkey-business.com/strutting-office-fashion.html#comments Fri, 08 Jan 2010 03:55:58 +0000 Darren http://www.my-monkey-business.com/?p=1756 Your wardrobe is a smart investment for your long-term career; hence it is always wise to purchase office attires and accessories that mirror your dream job. Dressing appropriately in your office makes a lot of sense since it reflects your company as well as your stance as a reputable employee.
Dressing for your financial success can be as easy as you want it to be. If shopping in brand stores and purchasing label clothes is too fancy for your wallet, then consider alternatives. Usually found in magazines or even through the Internet pages, overall looks of men can be mimicked through clothes from outlet and second stores. For ladies, dressing to impress is always the goal. Whatever the position, a classic and conservative look will always work. Moreover, always remember not to wear accessories that make noise and create distraction towards co-employees.

]]> http://www.my-monkey-business.com/strutting-office-fashion.html/feed Corporate Email Etiquette http://www.my-monkey-business.com/corporate-email-etiquette.html http://www.my-monkey-business.com/corporate-email-etiquette.html#comments Fri, 08 Jan 2010 03:55:41 +0000 Darren http://www.my-monkey-business.com/?p=1754 As communication of businesses rely heavily on electronic messages, it has been customary for managers to neglect the tenets of writing a considerate and reputable email message. Managers and end-consumers even get fired up in their messages resulting to insensitive replies and demeaning mails which may be used against the senders.
It is necessary for business emails to be concise and short to keep the message straight and clear. There is no need to add fancy words to make emails interesting and pleasing. However, this also means that greetings and apology statements must be sincere and explanation on certain business transactions reveal what is truthful.
Always remember to include only those well-selected recipients when sending marketing emails to end-consumers. Recipients of your email will highly appreciate significant information rather than spam. Finally, always check on the view point of the receiver whether your email is worth reading or not.

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