Technology News
Home | Tech Store | Amazon Store | Game Store | Webmaster Tools | Safe Kids Links | Promotional Items
Site Sponsor
Recommended Products
Related Links



Christian InTech Articles - Small Business

 

 

Informative Articles

10 Mistakes That Reduce Profitability
In my professional experience as a sales and marketing coach/consultant, I've had the opportunity to work with a number of small business owners on various issues related to sales and marketing. The owners who are struggling to keep their...

Alternative Legal Billing -- Win Win Strategies
In the old days of legal billing, lawyer's invoices — usually a single page of elegant letterhead—contained only the phrase, "legal services rendered," and a hefty dollar amount. No time breakdowns, no list of activities performed or equipment and...

Get to Know Your Competitors Using Alexa
All great marketers know that in order to be the top in your field you need to know your competitors. But researching each one can be time consuming and a treasure hunt at best. Using Alexa (www.alexa.com) can be an invaluable tool for you to...

How To Effectively Use Offline Advertising To Build Your Online Business
First of all let me say that having spent the past 20 years working closely with small businesses I know exactly what works when it comes to offline advertising. What I have found today is that online businesses have a built in advantage when...

The 10 worst mistakes you can make when selling your privately owned small business
Thinking about selling your business? You are not alone. CNN Money reports that 35 million baby boomers are expected to retire between 2000 and 2020. If you are approaching retirement or soon will be, chances are you've considered putting your...

 
Firing Underperforming Employees in Your Small Business


Here are a few tips on how to hand out pink slips when it comes time to terminate an employee.

As a small business owner with employees, you will likely find it necessary one day to terminate an underperforming employee – if you haven’t already. In an ideal world, that wouldn’t be so. We would hire the right people from the start, and then train and motivate them to do the job.

But, that’s not realistic. In the audio book, “Sound Advice on Small Business,” entrepreneur Jim Schell says, “The world and the people who inhabit it fall something short of perfect, and thus firing is a necessary evil of having employees.”

For some small business owners, taking this unfortunate step is stressful. It might be tempting to delay the action. Schell says don’t. “Once you’ve made the decision, get on with it,” he says. “Procrastination is painful for both parties.”

Before calling the employee into your office, prepare


yourself mentally. “Remember that the underperforming employee is dragging down the rest of the team,” says Schell. “Good employees are being penalized.”

Finally, Schell suggests doing the dirty deed on Fridays. “Give both parties the weekend to recover,” he says. “And remember, it’s a heck of a lot harder on whoever’s on the other side of the desk.”

Jim Schell, co-author of “Small Business for Dummies,” offers advice to entrepreneurs on managing a small business in the free audio newsletter from What’s Working in Biz, http://www.whatsworking.biz/full_story.asp?ArtID=92.

Richard Cunningham is a principal of What’s Working in Biz, http://www.whatsworking.biz, the audio marketing firm bringing voice to the insights of business experts through audio books, newsletters, and magazines.