Here are the best articles we found for the month of March:
How to Implement an Attendance Point System for Your Small Business
An attendance point system helps employers track attendance for their employees. Points are compiled when an employee is late, tardy, or absent. After collecting a number of points, usually within a 12-month period, an employee may be subjected to discipline, up to and including termination. You may have stricter guidelines set up for newer employees.
It is important to think about why employees are missing work. Look at how you can prevent them from missing too much work. When thinking about whether you should implement a policy, also consider the costs of high absenteeism.
Consider tracking direct and indirect costs to determine how much your business is paying for absenteeism.
For example, do others work overtime, or do you have to hire additional workers? How does it affect productivity? When your good employees are having to work overtime for those that miss a lot, how does that hurt your business? Overworked employees may become less engaged. Read more here.
15 Side Hustles You Can Start Right Now — Little-to-No Money or Special Skills Required
If you’re one of the thousands of people who turned to a side hustle to make ends meet in 2020, chances are you’re still looking for the easiest, most efficient ways to make some extra money in 2021.
You might be an expert Ikea-furniture-assembler, seasoned at helping your friends move or just good at household tasks, and platforms like Handy are an easy way to test out a side hustle without making a big initial investment.
HomeAdvisor data shows 86% of homeowners say they are spending more time at home due to the pandemic, and that spending on home improvement is up $745 year-over-year. Handy reports that 71% of the “Pros” on its platform believe there’s a shortage of skilled tradespeople, meaning there’s plenty of work for everyone who wants to get into the industry. The cost to enter the home services industry, particularly in non-licensed fields, is low, and you can hit the ground running as soon as you’re approved to join the platform. Read more here.
How to Start a Janitorial Business
Opening your own janitorial business can be one of the best small businesses to start on a budget. You can begin by starting small and then building up a successful cleaning service however you like. Once you get comfortable with your business and brand, you can begin bidding on larger contracts such as schools or hospitals. First, you should determine if you want to offer cleaning services to residential, businesses, or both.
According to Cleaning Business Now, you could start a janitorial business with a $1000-$2000 initial investment. First, you should write a business plan. It will help you identify your initial goals and develop your strategies. It can also help you determine some costs you haven’t considered yet. Read more here.
Want to Keep Growing Your Business? Radical Innovation Is the Safest Way to Go
Here is an uncomfortable truth: In time, everything in your life, as you know it, will perish. This is true of your relationships, your jobs, and, perhaps especially so, your business. It’s not nihilism; it’s just reality. But rather than taking this state of affairs as a defeat, I propose instead that it is actually a wonderful phenomenon.
In mathematics, it’s referred to as the S-curve. Essentially, the S-curve describes the predictable pattern of anything that develops over time: You’re born, you grow–first gradually and then more quickly–you slow down as you mature, and then you fade out. This trajectory is true for people, organizations, cities, countries, and civilizations. Every single one of us is somewhere within the bounds of our own unique S-curve. Read more here.
If you missed last month’s link roundup please check it out here.