Remove Employee Remove Retention Remove Small Business
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How To Survive The Loss Of A Main Customer

YoungUpstarts

Running a small business can come with a slew of challenges. The loss of these major customers can have a dramatic impact on both internal (employees) and external contributors (investors). Company culture may also be a contributing factor in the manner in which employees deal with hindrances.

Customer 347
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When Should a Small Business Hire an Executive Team?

Up and Running

Think of it as an investment in your company — you’re dedicating resources (compensation) to highly skilled employees who will hopefully bring your business to the next level. Depending on your business, you may need an executive-level role unique to your organization — like chief creative officer or employee well-being executive.

CTO Hire 163
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The 50 Best Marketing Strategies For Small Business

Mike Michalowicz

To keep customers loyal to you, instead of a frequent buyer program, send your customers small “surprise” gifts. Surprises always work to instill loyalty and retention. When given out with (or in place of) a business card at a lunch, a meeting or in passing, small promotional items become a gift.

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Common Employee Performance Management Challenges and How to Fix Them

Up and Running

For many startups and small businesses, talent management can sometimes be deprioritized from the everyday chaos and operations. As they begin to grow , they start to recognize that using a spreadsheet or using memory to keep track of employee performance just doesn’t work. Unclear objectives & tasks.

Employee 139
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How To Develop Your Customer Retention Strategy

ConversionXL

Has your company’s customer retention rate increased, decreased or remained status quo over the past five years? Have you outlined and initiated a formal customer retention strategy? In a study by Harvard Business School , it was found that increasing customer retention by even 5% can increase profits between 25-95%.

Retention 112
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The 4 Phases For Developing A Customer Retention Strategy

ConversionXL

Has your company’s customer retention rate increased, decreased or remained status quo over the past five years? Have you outlined and initiated a formal customer retention strategy? In a study by Harvard Business School , it was found that increasing customer retention by even 5% can increase profits between 25-95%.

Retention 115
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[Sponsored] Online Health Insurance Tool Eliminates ‘Pain Points’ And Improves Cost Control, Employee Loyalty

YoungUpstarts

by Susan Solovic , THE Small Business Expert. Today, I want to talk about what UnitedHealthcare’s online tool is doing to improve, streamline, and control health insurance costs for small business owners. The right coverage to attract best employees. Healthcare insurance ‘pain points’.

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