Eight Ways Entrepreneurs Track Their Company Finances

Managing finances is a critical aspect of running a company. You need to keep track of expenses and cash flow on a regular basis in order to make sure you’re making the right business decisions.While financial tracking can seem like a daunting task, finding an effective system can make things easier. To help highlight some approaches that work, members of Forbes Business Council share their preferred methods for financial tracking for their companies.

Time To Pull The Plug On Your Marketing Campaign?

When implementing a marketing campaign, you’ll need to monitor its efficacy. It can be difficult to know when it’s time to stop a campaign early, and even more difficult to pull the plug when you’ve poured lots of time and resources into it. But if your current strategy isn’t working, regrouping and trying a new approach will be better for you in the long term.

14 Ways To Keep Your Team’s Spirits Up During The Colder Months

After the excitement of the start of the season fades away, winter can feel near endless. Even if you don’t live somewhere with snow and below-freezing temperatures, the colder winter months can often lead to a decrease in morale. Making the extra effort to keep everyone’s spirits up in the winter can have profound effects on your team’s productivity and overall satisfaction.

Make It Last: 15 Tips For Building Stable Social Media Connections

Whether you’re looking to hire, gain new clients or just meet like-minded business leaders, social media is a highly effective way to find new connections. While it can seem intimidating or impersonal to reach out online, social media often gives you access to rich, relevant information about a person’s professional background that can help you forge a strong relationship.

16 Effective Ways To Encourage Strong Team Relationships

Businesses tend to operate better when the people on the team have strong bonds with each other. As a manager, it’s your responsibility to empower your team members to connect with each other and forge relationships that encourage smooth and successful collaboration in the workplace.

15 Recommendations For Handling Deadline Stress

As our company handles time-sensitive bid responses for clients, we are extremely deadline-driven as late bids are disqualified. We have never missed a deadline because we plan our work when we receive it, put each deliverable in writing and share it with the entire team. This transparency and accountability for deadlines prevent stress since everyone is on the same page from the get-go!

16 Ways To Handle A Client Who Has Unrealistic Expectations

It is your job to focus on how the client understands you, not the other way around. Don’t make any assumptions about what the client understands from a phone call. We always conduct kick-off calls for our RFP and bid responses. However, we then always follow up with an email stating exactly what we discussed so that we can manage expectations for deliverables and due dates.

Taking Your Client Out To Talk Business? Don’t Forget These 13 Things

At the end of the day, your client understands that you are their vendor. So, keep meals and drinks professional. This means you shouldn’t order anything too messy and do not drink too much. You should always be presenting yourself in a way that people think of you professionally and can trust you. So, skip the sloppy joes and order a cleaner turkey sandwich, and drink wine instead of whiskey!