Whether you run a small business or a big one, at some point you are going to need the services of a business lawyer. Some businesses need to hire an attorney in the very beginning, while for others, it can take several years before they feel the need to hire an attorney. Hiring a business lawyer is something that should not be taken lightly. You need to make sure that you are hiring the right man for the job so you can run your business smoothly. A smart businessman always stays in touch with a skilled business attorney so that they can immediately hire them in the hour of need. In this article, I have mentioned a few questions that you need to ask a business lawyer before hiring them. Let’s have a look:
How Much You Charge?
It is always better to get the most important question out of the way in the beginning. Small business owners and startups do not have enough funding to hire expensive lawyers. That is why it is important that you ask the lawyer how much they will be charging in the very beginning. If the price seems high to you, then you can try and negotiate, and if that is not the case, you should move on to another lawyer. It is also important for you to be aware of the average rates, so you don’t pay too much to someone or have unrealistic expectations. Asking about the fee, in the beginning, is the right thing to do because you don’t want to waste time vetting an attorney that is out of your price range.
How Much Do They Know About Your Business?
The first and one of the most important questions you need to ask a business lawyer is how much do they know about your business. If a lawyer has good knowledge about your business, then it is highly likely that they will make a strong case for you. If the lawyer is not aware of the nature of your business, then you will just be wasting money. For example, if you are a small software company and the lawyer you have hired is not much familiar with software licensing, then you will just be wasting money on him.
What Kinds of Clients Do They Work With?
The clientele of a business lawyer also speaks volumes about him. When you are hiring an attorney, ask them what kinds of clients they usually work with. Do they work with small businesses regularly, or most of their clients are big companies. This will tell you about the experience of the lawyer and will give you an idea about their fee as well. A lawyer who works with big companies may be expensive, but he will also have better skills and contacts. Big companies are dealing on the legal side more than small businesses, which means that the lawyer will have a lot of hands-on experience as well. If their clients are mostly small businesses, then it’s not a bad thing either. This means that the lawyers know how to handle small businesses legally or in the courtroom.
What Are their Specialties?
It is highly recommended that instead of hiring a general business lawyer, you hire someone who is a specialized person in that field. If the lawyer you are considering does a bit of everything, then you should look for another option. For example, if you are having tax problems, then you should look for a lawyer who only deals with business taxes and nothing else. Similarly, if you are looking for corporate governance, you must hire a lawyer who provides corporate secretarial services.
Top 7 Virtual Teams Challenges and Solutions for Businesses
Last year’s outbreak of COVID-19 made a very profound impact on the contemporary business landscape. One of the most significant transitions we have seen was the rise of virtual teams and the massive switch to work from home.
How big of a portion? According to a recent survey, 80% of company leaders plan to allow employees to work remotely, while 47% will enable employees to work from home full-time. This can be best described as tectonic changes.
Of course, all significant overhauls that envelop this scale must include various challenges, obstacles, and adversities. In this article, we will cover some of the most notorious problems and try to find practical solutions for dealing with them.
When they are at the workplace, employees are working with an infrastructure that’s already been laid out and can get support from other departments. Moving workers out of this controlled environment to their homes leaves them with their own resources. Lack of necessary tools, varying software versions, and different software platforms are only some of the problems that undermine effective collaboration and productivity. One of the most straightforward workarounds for this obstacle can be found in platform-agnostic cloud tools, where updates are passed to all end users simultaneously. Most of these platforms usually feature built-in collaborative tools, making them even more suitable for virtual teams.
In a physical workplace, communication develops very spontaneously, and answers can be found through chatter and brainstorming as much as established communication hierarchy. In the virtual environment, however, a lack of clear and transparent hierarchy often creates clutter where critical information is often indiscernible from jabber. In order to avoid this problem, you need to establish firm rules about what needs to be reported to whom, when, and through what channels. This way, your workers will always know where to get relevant info without unnecessary delays and idling. In turn, all of your processes will be sped up and run more efficiently.
Poor worker engagement
These are two factors that take the hardest hit by relocating workers from offices to their homes. Without any motivational tools and supervision of their superiors, your employees can slip into idling and start losing productivity. This is an issue that needs to be cut in its roots. Fortunately enough, the gravity of this problem gave birth to tools for employee engagement explicitly designed to address problems related to virtual teams like check-ins, notices, scheduling, rosters, administration, and onboarding. Most essential processes are kept under one integrated umbrella and employee voices are allowed to be heard. Both these factors have a very positive impact on morale.
Response time and accountability
The problem of accountability is not related exclusively to virtual teams and remote working. But some mistakes are easier to trace in the digital environment, and unread emails, unopened messages, and other invisible walls make coming to the bottom of the problem even harder. Although this issue can’t ever be rooted out, you can, at least, do your best to cut down the response times as much as possible. Enforce the rules where priority emails will need to be responded to without any delays. Also, you can set up separate communication channels only for problems of this sort.
Lack of trust in leadership
In normal circumstances, inspired leadership keeps the workforce high-spirited, motivated, and on track with current obligations. Translating this sort of leadership into a virtual environment is very hard even if management and staff have a personal or professional history, as in numerous contemporary startups. Since you will undoubtedly lack this inspiring personal touch, you should try to bind the workers closer to the goals of your company, perform internal marketing actions that will promote your mission statement among the staff, and motivate workers to take action in building the company future by incentives and chances for promotion.
Of course, failing motivation is not only the result of absent leadership. Remote working simply doesn’t provide a sufficiently stimulating environment to help your employees reach their maximum potential. That is why you need to find another way to keep them stimulated. Do your best then to provide them with to-do lists for every new workday or at least ask them to submit their own. Short, specific, and feasible goals will help your employees plow through their obligations much faster. Offering small incentives like, for instance, leaving the workplace earlier if the tasks are finished will undoubtedly give them an additional reason to stop procrastinating and tackle their obligations head-on.
Absence of support
Last but not least, we have to mention the lack of support employees get when they are working from home. In the previous section, we have noted that most of the software issues can be prevented by adopting the Cloud technology where maintenance and updates are the responsibility of the service provider. Even so, you should do your best to build a comprehensive knowledge base where your staff will be able to find all the answers regarding technical issues and procedures without having to lose time by referring to higher-ups.
We hope these few examples gave you some general idea about the challenges startups are facing while building virtual teams and transitioning to a remote working model. Although telecommuting got a great boost with the outbreak of COVID-19, this model gained traction much earlier and will not stop developing even after the outbreak is over. With things as they are, the best we can do is to join the early adopters and make the transition as painless as possible.
How Can Your Business Benefit From The Services of a Recruitment Agency
Recruiting new talent within a business organization can be expensive and time-consuming. It wouldn’t be wrong to state that new employees’ recruitment rarely offers a guarantee while the process uses up significant company resources. Employees are a crucial asset for any business. If you are a business owner, your employees serve as the driving force for pushing your business forward while boosting sales revenue. With that said, the HR department of any business might be stuck with the tricky task of ensuring that they hire the right kind of well-suited individuals for the job and can become a proactive part of the business culture.
Typically, businesses compete with one another to get the most skilled and experienced staff on board. Employers require the support of specialists who excel in hiring strategies while identifying talent and negotiating terms. This is where businesses find recruitment agencies most useful as these (recruitment agencies) relieve enormous pressure while helping businesses to find the right people for moving forward. Read on to learn more about how your business can benefit from the services of a top recruitment agency.
Identifying Top Talent
The greatest benefit of recruitment agencies is that they assist both parties: the employers who are on the search-out for talent and the professionals looking for the best career options to utilize their capabilities. Both parties are perfectly placed within the recruitment agency, which operates as an intermediary between both mentioned parties. The consultants working at the agency are well-familiar with how to prevent bad hiring and know how to identify valuable candidates for the required positions.
After you, as a business owner, create a vacancy and establish the task criteria, the recruitment agencies initiate finding suitable candidates to fill those vacancies. The recruitment agencies have ample knowledge of people’s salary expectations and use their strong networks to identify those individuals. The extensive knowledge of recruitment agencies about the job market’s separate segments proves a great benefit to hiring organizations.
Effective Advertisement of Vacancies
Sometimes when business employers advertise roles, they fail to get applications that meet the required caliber. Often, such an incident occurs due to a bad advertising strategy. Another benefit of getting a recruitment agency’s services is that it won’t merely advertise the vacancy for your company. Still, it will also actively seek professionals that are the perfect fit for the job description. Often, recruitment agencies establish and maintain direct contact with professional candidates they know well from the past. Thus, the recruitment agency directly seeks out professionals and invites them to apply for the role.
Interviewing Candidates & Negotiating Salaries
As mentioned before, the hiring process of talent is time-consuming and costly. And as an employer, the last thing you want to do is finding out that you and the potential candidates are poles apart on job benefits and salary. A recruitment agency can help you in effective salary negotiations while providing you with valuable assets. Many top recruitment agencies take up the cudgels of placing skilled candidates and settling salaries on your (the company’s) behalf. By meeting a middle point on behalf of both parties (employer and the candidate), a recruitment agency proposes an acceptable salary package, providing a realistic prospect of having the deal sealed.
Also, by interviewing on behalf of the employer, recruitment agencies save valuable time and money. The initial step of candidate-screening usually takes place over the phone. Subsequently, the list of potential candidates is narrowed while the skilled talent is shortlisted while unsuitable matches are eliminated from the hiring process. The recruitment agencies also conduct background checking so that your organizations’ HR department doesn’t have to do that.
How a Bad Website’s UX Can Affect Your Business
Web designers often emphasize the importance of a well-functioning website. In today’s world, a business website is a powerful tool and is often a vital component of a successful business venture.
According to UX statistics, just one second of slow loading can lead to a 27% drop in sales. Despite this, web design and UX is often overlooked by business owners.
So how can a poor website’s UX affect your business? Let’s see.
Effects of Poor User Experience
Website abandonment is a term used to describe a visitor leaving a website before completing the desired action. According to statistics, 52% of users list bad UX as a reason why they wouldn’t consider engaging with a company again. This could be due to poor design, slow page load time, or any other factor that drives away a website visitor prematurely. Poor UX is one of the easiest ways to increase website abandonment and reduce sales rates.
Bad UX Affects Your Brand Image
Bad user experience does a lot more damage than one might think. It can significantly affect how your brand is perceived. It’s a representation of your brand, and while your website design doesn’t always reflect your business’s core values, it sends a message to consumers. Think of your website as something that has to leave a good impression. And you know what they say, you never get the second chance to make a good first impression.
Search Engine Visibility
Google is the world’s number one search engine. It’s important to note that it favors websites with good UX. What does that mean for your businesses? If Google doesn’t like your website, it can’t rank high in SERPs, which means that fewer people will see your website. That further leads to fewer customers. To Google, an excellent UX is equally significant as the content quality. Google strives to ensure that users have the best UX available and issues such as performance, mobile-friendliness, or page speed, factor in search engine rankings, making the improvement of a website’s UX a primary requirement.
What Do the Stats Say?
1. According to statistics, companies lose $62 billion annually due to bad UX ($2 billion due to slow page load time alone);
2. 13% of users will tell 15 other people about their negative experience;
3. UX optimization increases revenue by as much as 37%;
4. Around 94% of website users will make a judgment based on the website’s responsiveness within a short time span.
5. 61% of customers will go to another site (most likely to your competitor’s site) if they can’t find what they are looking for right away.
UX optimization is a crucial part of online businesses that is often overlooked. Some business owners believe it’s not important or worth the time, money, and effort to ensure that a website is fully functional. However, research and statistics prove that addressing the issue of functionality and design can help you attract more customers and boost your chances of success. Investing in a website’s UX is one of the smartest things any entrepreneur can do.
8 Best Cryptocurrency Blogs to Read Before Investing
AI Startup Mason Launches ModeMagic Partner Program to Help SMBs Streamline Their Online Merchandising Needs
Israeli Startup Infinipoint Launches First Device-Identity-as-a-Service (DIaaS) Solution
Interview2 years ago
An Interview with Joel Arun Sursas, Head of Clinical Affairs at Biorithm, Singapore
More1 year ago
6 Promising Up and Coming Fashion Companies
More3 years ago
Factors to Consider When Planning Your Office Design and Layout
Interview1 year ago
An Interview with Russell Jack, Southland-based Yogapreneur and Mindfulness Teacher
Other Internet Tech3 years ago
How to become an IPTV reseller? A beginner’s guide
More3 years ago
IPTV business for beginners
Business Ideas3 years ago
50 Small Business ideas with low investment
More3 years ago
Advantages of Using Ride-hailing Services for Transportation