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Atricle Dump - Business Owners: You Can Attract Top Talent Even In Tight Labor Markets
Incorporating Investor Feedback into Your Business Plan p>Investors, like the rest of us, have different tastes. One investor may love a concept and/or business plan while the next may hate both. It is important to understand this as business plans are working documents and are always undergoing iterations.Management teams must not rush to incorporate each potential investor’s comments. Instead, have several investors, partners and other business colleagues review the plan and provide feedback. Then incorporate common concerns and probe other comments to determine if they are valid.Always try to understand the rationale behind an investor’s comments. For instance, an investor may poke holes in a business plan if it doesn’t have enough funds to fully fund the opportunity. In this case, the investor’s criticism is solely for them to save face.However, if you are hearing the same feedba 2. Offer a finder’s fee (usually $100 to $200) to anyone who refers a candidate whom you hire and who stays on the job beyond the standard 90-day probationary period. 3. Let your current employees know you are hiring. Ask them to tell everyone they know about the opportunity and remind them about your finders fee program. 4. When you hire someone who previously worked for a company that employs people with the same skills you require, ask your new employee to invite former coworkers he or she believes were the very best to apply with you. 5. Use If You Ignore The Internet For Your Business You Are Setting Yourself Up For Failure Are you happy with the quality and quantity of job candidates you attract?When adhering to a few easy marketing moves, a business owner can enjoy a variety of profitable results as a consequence of their effective strategies. It is every business owners dream to reach goals and milestones throughout the existence of their company. Being able to entice a wide range of consumers is one of the main desires of anyone who owns a business. Once the demand for a particular service or product has increased, a business owner can choose to also increase the cost to access these items. Building a healthy, beneficial relationship with their customers is another desired achievement for any business owner.Small Business MarketingFor many, the marketing of a small business is sometimes an elusive concept to grasp. It is more than embracing just an idea. Too many business owners fall into the trap of focusing only on the If your total recruiting effort consists of simply placing a ‘help-wanted’ ad in the local newspaper you will often fail to attract the candidates you want. You need to take a more creative approach, especially in markets with low unemployment. You’ll also want to create powerful recruiting materials. A mistake made by many employers is to describe their job opportunity only in terms of what they require. They fail to explain why their company is a great place to work. You will more successfully attract the best candidates when you realize this truth—recruiting is a marketing activity. In tight labor markets this is especially true because your best potential candidates often currently have a job with someone else—your competition! Recognize that all potential job candidates have one question uppermost in their minds, “What’s in it for me?” When you skillfully answer that question in your recruiting materials you will attract both a better quality and higher number of candidates. If you don’t tell prospective candidates why your company is a great place to work and someone else who is recruiting at the same time does tell them, you will never be better than second choice. And over time, the quality of your team will be weaker as a result. So always sell your company as a great place to work. Now let’s look at 19 ways to attract candidates. 1. Use networking. Did you know research shows that each person living in an urban area knows about 250 people? Tell everyone you know—family, friends, suppliers, customers, accountant, lawyer, acquaintances—even your mailman—you have a great employment opportunity for someone. Talk about your job opportunity at your club and professional association meetings, at church, at your children’s activities, at your hairdresser or barber, and everywhere else you have contact with acquaintances. Give business cards to everyone you talk to and ask them to tell others about your position. Be specific about the reasons your job opportunity is a good one and why your company is a great place to work. Tell everyone you would like to interview people who are employed but want a better job as well as unemployed people. 2. Offer a finder’s fee (usually $100 to $200) to anyone who refers a candidate whom you hire and who stays on the job beyond the standard 90-day probationary period. 3. Let your current employees know you are hiring. Ask them to tell everyone they know about the opportunity and remind them about your finders fee program. 4. When you hire someone who previously worked for a company that employs people with the same skills you require, ask your new employee to invite former coworkers he or she believes were the very best to apply with you. 5. Use s How to Get the Job You Want: Guidelines for Productive Interviewing ll more successfully attract the best candidates when you realize this truth—recruiting is a marketing activity. In tight labor markets this is especially true because your best potential candidates often currently have a job with someone else—your competition!Every time you interview, consider it a professional presentation, including the first steps of sending your resume and cover letter. Everything you write and say is a direct reflection of your image and you want to project confidence and professionalism. Your job is to “sell” the best product you have, which is yourself.1. Your resume should clearly state your professional objective and not be vague.2. Ensure that your resume is accomplishment-oriented and reflects what you did for your former employer; how you made a difference.3. Write your cover letter in a manner that is attention-getting and tells the reader something new or goes beyond what is stated in your resume.4. Before you meet with an employer, be sure to ask yourself “Why do I want to work for this particular company?” You must know this before you int Recognize that all potential job candidates have one question uppermost in their minds, “What’s in it for me?” When you skillfully answer that question in your recruiting materials you will attract both a better quality and higher number of candidates. If you don’t tell prospective candidates why your company is a great place to work and someone else who is recruiting at the same time does tell them, you will never be better than second choice. And over time, the quality of your team will be weaker as a result. So always sell your company as a great place to work. Now let’s look at 19 ways to attract candidates. 1. Use networking. Did you know research shows that each person living in an urban area knows about 250 people? Tell everyone you know—family, friends, suppliers, customers, accountant, lawyer, acquaintances—even your mailman—you have a great employment opportunity for someone. Talk about your job opportunity at your club and professional association meetings, at church, at your children’s activities, at your hairdresser or barber, and everywhere else you have contact with acquaintances. Give business cards to everyone you talk to and ask them to tell others about your position. Be specific about the reasons your job opportunity is a good one and why your company is a great place to work. Tell everyone you would like to interview people who are employed but want a better job as well as unemployed people. 2. Offer a finder’s fee (usually $100 to $200) to anyone who refers a candidate whom you hire and who stays on the job beyond the standard 90-day probationary period. 3. Let your current employees know you are hiring. Ask them to tell everyone they know about the opportunity and remind them about your finders fee program. 4. When you hire someone who previously worked for a company that employs people with the same skills you require, ask your new employee to invite former coworkers he or she believes were the very best to apply with you. 5. Use Could Logo Controversy Be Good For The Games? pany is a great place to work and someone else who is recruiting at the same time does tell them, you will never be better than second choice. And over time, the quality of your team will be weaker as a result. So always sell your company as a great place to work.Could logo controversy be good for the Games? The saga over the new London 2012 Olympic brand continues with media attention over the controversy spreading worldwide and generating over 1 million visitors to the London 2012 website.The popularity of the new design is universally low, with the ‘scrap the logo’ petition closed after receiving nearly 50,000 votes for fear that it might damage the reputation of the games, and a CNN poll showing that 89% of people do not title the new logo. This clearly conflicts with the spirit of the Olympic games and with the brand vision of 'Everyone's Games'.To make things even worse, a video clip featuring the new visual identity has been found to cause epileptic fits and has been banned from public viewing. But could all the publicity be good for the games in the long run? Rita Clifton of brand Now let’s look at 19 ways to attract candidates. 1. Use networking. Did you know research shows that each person living in an urban area knows about 250 people? Tell everyone you know—family, friends, suppliers, customers, accountant, lawyer, acquaintances—even your mailman—you have a great employment opportunity for someone. Talk about your job opportunity at your club and professional association meetings, at church, at your children’s activities, at your hairdresser or barber, and everywhere else you have contact with acquaintances. Give business cards to everyone you talk to and ask them to tell others about your position. Be specific about the reasons your job opportunity is a good one and why your company is a great place to work. Tell everyone you would like to interview people who are employed but want a better job as well as unemployed people. 2. Offer a finder’s fee (usually $100 to $200) to anyone who refers a candidate whom you hire and who stays on the job beyond the standard 90-day probationary period. 3. Let your current employees know you are hiring. Ask them to tell everyone they know about the opportunity and remind them about your finders fee program. 4. When you hire someone who previously worked for a company that employs people with the same skills you require, ask your new employee to invite former coworkers he or she believes were the very best to apply with you. 5. Use CV Writing - Write a Perfect CV ent opportunity for someone.Your CV is a gateway to getting an interview for that ideal job. It is your opportunity to provide a good first impression but you only have two sides of A4 paper in which to do it. It is not surprising then that most people have trouble getting started.Firstly, you need to know what the employer is thinking. The employer suddenly has a vacancy. Filling the vacancy is going to take up valuable time that he would rather spend doing his normal job.He would love to find the perfect person immediately rather than plough through hundreds of CV’s. It is often a dull, thankless task.The employer has a job description in front of him. It includes experience or qualifications that are essential for the job and some attributes that are desirable but not absolutely necessary.He starts going th Talk about your job opportunity at your club and professional association meetings, at church, at your children’s activities, at your hairdresser or barber, and everywhere else you have contact with acquaintances. Give business cards to everyone you talk to and ask them to tell others about your position. Be specific about the reasons your job opportunity is a good one and why your company is a great place to work. Tell everyone you would like to interview people who are employed but want a better job as well as unemployed people. 2. Offer a finder’s fee (usually $100 to $200) to anyone who refers a candidate whom you hire and who stays on the job beyond the standard 90-day probationary period. 3. Let your current employees know you are hiring. Ask them to tell everyone they know about the opportunity and remind them about your finders fee program. 4. When you hire someone who previously worked for a company that employs people with the same skills you require, ask your new employee to invite former coworkers he or she believes were the very best to apply with you. 5. Use Tap Into The Power of Saavy Address Labels p>There are few clerical products as time saving as address labels. For any project, these little marvels add professionalism without sacrificing efficiency. Address labels are by far one of the most effective supplies when it comes to the office.When you arrive at the office supply store you may become overwhelmed at the options available when it comes to address labels. While it would seem there would only be one or two choices, the fact is typically at least one aisle, if not two, are full of various styles and design. Likewise, if before you go to the office supply store you look through the label options in your word processor, you will be amazed at the number of options available. So the first step is deciding which label to choose.The first decision to make is which size label to utilize. There are tiny labels for return a 2. Offer a finder’s fee (usually $100 to $200) to anyone who refers a candidate whom you hire and who stays on the job beyond the standard 90-day probationary period. 3. Let your current employees know you are hiring. Ask them to tell everyone they know about the opportunity and remind them about your finders fee program. 4. When you hire someone who previously worked for a company that employs people with the same skills you require, ask your new employee to invite former coworkers he or she believes were the very best to apply with you. 5. Use signs to advertise your position. a. Put signs in your window, on the counter, in the shipping and receiving department, and anywhere else the public is likely to see them. b. If you are on a busy street or even a ‘not so busy street’ used by the types of people you are seeking, why not use a portable rental sign? c. One business owner continually found good employees by advertising for them on his fleet of trucks. d. An employer connected with several good candidates by placing a large sign in the back of his pickup then parking it at Wal-Mart, Home Depot, and other high traffic locations on weekends. Think ‘out-of-the-box’! e. A business located on a busy street put a huge banner on the front of their building advertising for salespeople. Twenty-three people applied for the job over a six-day period of time. 6. Post your position on Internet databases. Many governments maintain databases that are free to use for both employers and people seeking work. 7. Place a recruiting page on your website. 8. Many schools help their graduates find positions so be sure to let them know about your job opportunity. 9. Do you go to trade shows? Put a sign in your booth letting people know your company is growing and you are looking for additional staff. This is a great way to softly solicit your competitors’ employees to apply with you. 10. If the people you want as candidates read trade journals or association newsletters, both can be effective places to advertise. 11. Use bulletin boards in other businesses, schools, or churches. 12. In some communities, radio stations advertise some job openings for free or for a minimal fee. 13. Your local newspaper is not a bad place to advertise but it can be expensive and it is competitive because potential candidates also look at all the other help wanted ads. If you want candidates to apply with you first you must make your job opportunity sound better than all the other opportunities presented. Spend enough to deliver a strong, compelling message 14. You could try an employment agency. Shop around because agencies differ when it comes to fees and guarantees. 15. Advertise your employment opportunity with your telephone ‘on-hold’ messages
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