How Communication Can Make You A Better Leader

A great business can be like having a good relationship; brilliant communication is key to long term success. Having clear and open communication between the members of a workforce can be essential in creating a more productive organization and in maintaining high morale, which frequently translates to a higher profit margin. All these things sound great, but they may not come easy without a good leader. 

Positive and open lines of communication within a company can help keep the employees motivated and increases their confidence. Motivated and happy employees make a business better. Communication does not have to be a complicated thing, on a level that would require a military communication manufacturer to get involved to create unique military headsets or military handsets for every individual on a team. There are simple steps that can be used to bring out the best of employee interpersonal and communication skills so that everyone feels like they’re in the loop. 

How Communication Can Make You A Better Leader

Open meetings are a great place to tell and show what you want out of the company and in what direction your team will be going for certain projects. This can also be a good setting to listen to employee concerns and gather input. It’s valuable to collect this information as it could make the end results of any project better.

You’ll also help build the confidence of your team, as everyone likes to feel that their contribution makes a difference. However, not everyone thrives in an open forum; speaking to some people on a one-on-one basis can also be a helpful alternative in gathering ideas, and in a way that people won’t feel any potential for judgement or criticism from their peers. Remember to show that you respect them and are paying attention to what they are offering in any communication session.

A leader should use easy to follow instructions that everyone can retain. Showing off a grand vocabulary may make you sound impressive but many employees could get lost in the mix. The result of that could be misunderstandings and confusion, which is something that must be avoided at all costs. The goal of any business is that a job is completed well and meetings should not become a personal opportunity to establish any superiority or passive-aggressive authority. Avoid using unnecessary repetition or talking down to your team. There’s no need to treat your employees as though they are students or below your level of intelligence.

Check to see that all information and instruction is easy to understand and take the time to clear up any confusion. Using visual aids can prevent misinterpretations and help maintain attention. They’ll also enhance what you would like your team to do and the outcome you all must achieve. Body language is also important since it can show confidence, sincerity, and openness, which will help your team see you as an approachable leader.

A good leader is someone who not only listens to people and gives them clear instructions in an appropriate tone of … READ MORE

Earnings and the Minimum Standard of Living

According to research carried out by the Joseph Rowntree Foundation, in 2011 families will need to earn 20% more than they did in 2010 to achieve the minimum acceptable standard of living.

The Joseph Rowntree Foundation looked into how much different categories of people need to earn to achieve what is considered an acceptable standard of living. It suggests that a couple with two children would need to earn on average 18,400 each (36,800 between them) if they both work, or if only one is working s(he) needs to earn 31,600. To achieve this standard of living single people need to earn 15,000 and a lone parent with one child 18,200.

Exactly how much is needed is a fairly ambiguous debate as different people have different opinions as to what is a “minimum” standard of living, as well as what is realistic. The part of the country that someone lives in is also relevant. For example, this research takes rent as being for a council house / flat, and it is not realistic for everyone earning the amounts outlined above to be entitled to a council property. In reality many will need to pay double this amount in rent (adding between 3,000 and 5,000 a year in rent alone).

So, what is the definition of the minimum standard of living?

According to the Joseph Rowntree Foundation’s research it includes UK holidays (but not holidays abroad), Christmas present, basic mobile phones, and a computer and the internet. It doesn’t, however, include child care, something that is essential for families where both parents are working or single parent families where the lone parent is working. The basics that are included are things such as food, clothes, accommodation, utilities, fuel, household goods, personal goods and services, transport, and social and cultural activities.

An adequate standard of living has been described as, “a minimum in Britain today includes, but is more than just, food, clothes and shelter. It is about having what you need in order to have the opportunities and choices necessary to participate in society”.

It can be a little complex. It is sometimes hard to draw a line between what someone needs and wants. For example, UK holidays are included but you don’t need a holiday to survive. Bizarrely the minimum standard of living has been described as including “film tickets, a bottle of wine and a bird feeder”. These are also not essential for survival. Some may argue that the internet and a car are far from essential. Others would argue that the only way they can get to work is by driving and that they need the internet to do their job, thus making is essential for their particular circumstances. The standard of living could be described as being what you need for a relatively comfortable lifestyle.

The cost of living (especially amongst low and middle earners) is generally thought to be increasing. A basic basket of food has risen by 43% in the last 10 years, … READ MORE

Canadian Entrepreneurs Optimistic about 2017 Business Performance

For some Canadian entrepreneurs, a lot of economic uncertainty lies ahead. The ever-changing political landscape has many concerned. However, those that are openly embracing technology – specifically ecommerce – are optimistic about a promising business performance this year. According to Huffington Post Canada, the more small and mid-sized Canadian businesses took advantage of technology, the more optimistic they were about 2017. This optimism is driven by certain, key factors:

Multiple Markets

With advancements in technology and ecommerce, entrepreneurs are no longer restricted to one region or country. They can now reach multinational consumers. Canadian entrepreneurs that operate on eBay, for example, reach 19 markets on average. In addition, ninety-nine percent of them export. This is huge compared to traditional small businesses; on average, these businesses reach 2.5 countries and only 11.8 percent export.

Multiple Channels

With more and more consumers shopping online, ecommerce is no longer a trend. Consumers are choosing where and when they wish to buy. Thus, it’s necessary for businesses to take advantage of multiple-channel strategies. Canadian merchants that sell through online channels averaged 20 percent higher annual sales compared to merchants who didn’t. Moving into 2017, Canadian SMBs are optimistic about their ability to connect with their customers anytime, anywhere through multiple channels.

Online Marketplace

Merchant’s aren’t just excited about geographical and channel opportunities. Platforms play a huge role in enabling ecommerce and trade. The SMB Optimism Index discovered that seven out of ten retail SMBs were confident that selling through an online marketplace would allow them to be successful internationally. To be more specific, the Index shared that 86 percent of merchants that sell through online marketplaces expect their sales to grow. From the mighty Amazon to niche marketplace Etsy, the opportunities are endless.

Canadian Merchant Account

Without a merchant account, entrepreneurs are unable to accept and process ecommerce transactions. Depending on business type and industry, some merchants are categorized as “high risk”. This makes it near impossible to secure payment processing solutions with a traditional provider. More and more Canadian entrepreneurs are taking advantage of alternative provider’s services, like EMerchantBroker. Through them, business owners can quickly setup a Canadian high risk merchant account – in as little as 24 hours. All services – including business funding options and chargeback protection – are specifically tailored to meet their needs.

Even during a time of political change and uncertainty, Canadian merchants are optimistic about their business’ future growth. In following the strategies above, the merchants are poised to have a very successful year.… READ MORE