"Pro Tip" is a recurring and rotating section highlighting best practices and advice for professional situations.
One challenge small businesses face when trying to grow beyond a sole proprietorship is identifying and hiring talented people that can help take the business to the next level. But finding talent is only the first step. How do you incentivize the job when you may not yet have the funds to pay top dollar in salaries or benefits? This LinkedIn article penned by an angel investor proposes an interesting approach, suggesting you pitch the company's culture to prospective employees, and create opportunities for talented people to act as intrapreneurs within your business. An employee's ownership of an idea or area can not only attract top talent, but also create a loyal partner or spin-off business.
Published on April 18, 2018
When cultivating new business or maintaining existing professional relationships, it can be difficult to balance the social aspect and the professional. When is it appropriate to drink? Who picks up the check? Knowing proper business etiquette can mean the difference between a new client and one that got away.
Here are a few tips - the do's and don'ts of entertaining clients - so you can grow your business in an organic way without alienating that new prospect.