As a business owner, it’s important you stay sharp and on top of what’s happening outside of your very busy business world. Keeping up to date with the latest technology, regulations and more will also help you stay one step ahead of the competition. Despite your crazy schedule and the mountains of information that technology puts at your fingertips, there are best practices that can help.
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You might think you know everything there is to know about your area of expertise, but things are constantly changing in today’s marketplace. Continuing education is one of the best ways for you and your employees to stay sharp. Organizations like the Small Business Administration and SCORE provide consulting, training and workshops. There are also plenty of online business courses — Harvard Business School has several on leadership, strategy, management and more — not to mention podcasts, books and conferences.
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The American Academy of Sleep Medicine reports that one third of U.S. adults get less than the recommended seven or more hours of sleep per night and estimates that about 1.23 million working days are lost on an annual basis due to insufficient sleep, resulting in up to $411 billion in economic losses. Not getting enough sleep can result in poor workplace performance, including memory loss, irritability, poor judgment, accidents and more serious health problems like heart disease. Today’s work culture with email and social media is almost 24/7, but business owners and their employees are encouraged to unplug at home and get some Zs.
The right technology can allow you to scale your business and compete with much larger companies. From automating certain office tasks to enhancing your customer experience, using data to see how your business is performing and getting to know your customers better, technology is essential to operating a business today. If technology just isn’t your thing, consider hiring a consultant or asking your employees for help.
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