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Your workflow--processes, procedures, and policies--need to be communicated verbally and written. Written communication should include job descriptions, performance standards, performance reviews, and controls.
Whether you are looking at improving how you currently run your business or planning significant expansion, the operations of your business are critical to your success.
As the first indicator of profitability, a firm's gross margin will establish the goals that will drive the action plans of almost every department. The second indicator, Operating Expenses, should be assessed just as carefully.
Performance standards will be of little value if the entrepreneur never measures actual performance against the standards. Ongoing measurement assures that a business stays on track.
This article discusses the Operations Plan as an action document to coordinate the activities of the company towards achieving the overall goals and mission.
Discover the importance of planning and documenting processes--what we do, procedures--how we do it, and policies--why or when we do it.
Document destruction probably isn't at the top of your to-do list. But, increasingly, it's becoming a critical business function-and not just for companies with super-secret technology. With identity thieves afoot, for example, even basic personnel information that's gone astray can lead to expensive and distracting lawsuits. This article offers an insider's view of why even small firms should seriously consider outsourcing this function as the most secure, efficient, and economical way to ensure confidentiality.
With the recent opening of Ottawa’s newest co-working space, the city might be seeing an emerging trend towards shared offices.
Currently, there are two co-working spaces: Freedom Café, which opened last month, and the Code Factory, which opened in May 2008.
If you are considering using independent contractors or leased workers for your company, this article provides a detailed overview of the legal issues relevant to the employer, including IRS regulations and litigation.
If you are considering using leased workers for your company, this article provides a detailed overview of the legal issues relevant to the employer, including IRS regulations and litigation.
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