How to Encourage Maximum Productivity from Your Employees

The productivity of your employees is instrumental for the success of your business. Low productivity means that you are losing profits every day. This can lead to apathy and low morale that will harm your entire workforce over time. You should know about a few ways to encourage maximum productivity from your employees.     Review and Streamline Workflows The first step is to review all of the different workflows within your business. You want to track how transactions are performed, how reports are made and how functions like payroll are handled. The key is to look for redundancies within the workflows that are slowing down or frustrating employees. You can even ask for suggestions for improvements from workers. You want to streamline everything as much as possible even if that means bringing in new technologies or outsourcing complicated tasks.   Address Conflicts and Problems Immediately The last thing you want in the workplace is a constant distraction. Interoffice conflicts or employee disputes can cause real disruptions within the workforce. Employees might start neglecting job duties or intentionally working slowly just to spite someone else or show disapproval. You want to be available to employees and address conflicts or other problems immediately in order to maintain high productivity and good morale.   Address Conflicts and Problems Immediately     Give Employees Time to Rest and Relax Rested and happy employees are far more productive than those who are working incredibly long hours each day. You want to give your employees time to rest and relax. This means allowing for or scheduling breaks throughout the day. You also want to...
Start Your New Business in Malaysia on a Budget

Start Your New Business in Malaysia on a Budget

If you have thought about starting a new business in Malaysia, there has never been a better time than now to pursue your dream of being a business owner with a respectable office in the city. In days past, business owners had to prepare a lengthy search of suitable office space that they could afford to pay rent on and furnish with office equipment. In recent years, the use of serviced office space has grown with smart business owners and managers around the world. The Drawbacks of Leasing Traditional Office Space If you are motivated to get your venture running quickly, the chances are good that you do not want to spend a lot of time prospecting for a vacant office space to set up your business environment. In many cases, you will find that the space being offered is expensive, outdated, unfurnished and not in a premium part of the city. Depending on the landlord or management company, you might also be required to pay extra money as a security deposit. If the space requires office furniture for start-up, the cost of launching your business is suddenly beginning to climb. An Outfitted Office Gets Your Business Running Quickly Business people and entrepreneurs who do not have time and money to spend on superfluous deposits and office furnishings have found a better way to start their venture. Outfitted office space is an affordable way to get right into a business environment that has everything you need to launch quickly. In many cases, these offices are tucked away inside modern and convenient office buildings that are easy to reach by...

SME Sentral Malaysia – Servis & Pembiayaan Perniagaan Untuk SME

SME Sentral is the first business ecosystem in Malaysia that includes various services that are specific to the SME sector. The services offered are to help in developing SME companies that have either just started their operations or companies that want to expand their existing business. SME SENTRAL merupakan satu ekosistem perniagaan yang pertama seumpamanya di Malaysia yang merangkumi jenis-jenis perkhidmatan yang khusus bagi sektor SME. Perkhidmatan yang ditawarkan adalah untuk membantu perkembangan syarikat SME samada yang baru beroperasi mahupun yang mahu memperluaskan perniagaan mereka. Success Tools: Surat Sokongan Kewangan (Financial Support Letter) Surat sokongan kewangan yang membuktikan SME mempunyai keupayaan kewangan yang kukuh dan meningkatkan kredibility Syarikat untuk mengendalikan pelbagai setiap urusan perniagaan/permohonan dengan cermerlang.     Perlindungan Inbois (Credit Insurance) Skim Insuran Takaful Perlingdungan atas invois kredit. Kurangkan risiko hutang lapuk untuk perniagaan SME. Bekalan Kredit (Supply Credit) Surat Akujanji (Undertaking Letter) kepada Pembekal dan Subkontraktor Perlindungan Sub-Kontraktor (Sub-Con Trust) Mendapat bayaran terus melalui Pemberi Kontrak melalui Assignment Bayaran Bank Guarantee (BG) Jaminan Bank yang dikeluarkan oleh Bank Komersil. Letter of Credit (Surat Kredit) Surat Kredit Bank (Bank Letter of Credit) kepada pembekal. Pembiayaan Bekalan (Supplier Financing) Membiayai kontrak bekalan terus. Tunaikan Inbois Anda (Cash Your Invoice) Menukar Inbois/tuntutan bayaran kepada tunai (Jual Inbois).   Address: Suite 2A-22-2, Level 22, Blok 2A, Plaza Sentral, Jalan Sentral 5, KL Sentral, 50470 Kuala Lumpur. Telephone: 1-700-81-8012 Email: info@smesentral.com Web: http://www.smesentral.com/ Social Media: SME Sentral Youtube Channel | SME Sentral Twitter | SME Sentral...