When it comes to business, profit is important, but cash is king! The same analogy can be made when it comes to your team – hiring well is important, but retention is king.
The cost of hiring, training and the temporary loss in productivity represents thousands of dollars for most businesses. The return on this investment depends on two things – how long employees stay and how much they contribute when they are there.
Every successful entrepreneur knows that a strong team makes it possible to accomplish great results while providing employee satisfaction that is key to retention. But dream teams don’t just happen, they are developed over time and require commitment at all levels – starting with you, the owner, CEO, and leader of your company.
10 Tips To Developing Your Dream Team:
So there it is. Remember, you don’t need to implement these all at once. Prioritize them for your business and start with one. Then add another and another. Dream teams are built over time, but each step you take moves you closer to the team you want.
So there it is. Remember, you don’t need to implement these all at once. Prioritize them for your business and start with one. Then add another and another. Dream teams are built over time, but each step you take moves you closer to the team you want.
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Where’s My Cash Gone?