Saudi Arabia has been in the news quite a lot lately. Whether it would be the controversy surrounding the disappearance and assassination of the Saudi Arabian journalist Jamal Khashoggi or its involvement in the Yemeni Civil War, the Kingdom of Saudi Arabia hasn’t been able to get enough media coverage. The Kingdom made headlines on November 12, 2018, after Saudi energy minister Khalid Al Falih informed the world at a conference in Abu Dhabi that Saudi Arabia’s oil output will fall by 500,000 barrels per day in December of 2018. Additionally, he added that members of the Organization of Petroleum Exporting Countries (OPEC) could reduce supplies as well if it’s needed. The United States and Crude Oil For many years the United States has depended heavily on foreign imports for energy sources, including Saudi Arabian…
According to the United States Bureau of the Census, approximately 90 percent of American businesses are family-owned or controlled. Many inspired and innovative Americans have it in them to start up a business in the town they come from. Here are the top 3 best business ideas best for a small town: 1. Bar and Coffee Shop It may seem strange to think of a coffee shop and café that also serves alcohol – but these types of businesses thrive in small towns. As time progresses into the evening, the demand for coffee slows down. Cafés that serve a variety of alcohols can fill the additional need for those patrons not looking to have a cup of coffee after work. 2. Pet Boutique There are 80 million households in the United States that own at…
Millennials are known for many things and are a hot discussion topic in the media today. They have been called out for killing beer, doorknobs, and even education as we know it! They come off as confusing to many and are coming of age as they enter the workforce. That is exactly why any business owner should know the most effective ways to inspire their Millennial employees! 1. Try to avoid micromanaging. No one wants to work for a micromanager, especially a Millennial. Millennials prefer to work in a job that enables them to build strong interpersonal relationships with the people they work with. Micromanaging most certainly does not enable these relationships to be built up as they are almost always seen negatively. They crave trust and freedom from their bosses for them to reach…
Every business owner at one point or another must lay out a plan to build the most efficient team for their business. We have gone from the traditional newspaper listing for a position to recruiting websites such as Monster or Indeed. As we move forward, and technology goes from being a luxury to a necessity, we should examine the most efficient way to cipher through potentially thousands of electronic applications – all while training existing employees as well! What is Talent Acquisition Software? Talent acquisition software (TAS) are tools that are used by talent acquisition professionals, recruiters, and hiring managers to efficiently source, screen, and hire potential candidates that have applied to a business. Many different companies offer their own programs that they have developed, so the programs will vary in terms of services offered…
It is no secret that the pace of technological advancement is faster than ever before. Collaboration and team building has never been as easy as it is now with the technology we have access to today. The idea of having a virtual team is relatively new. However, as more companies move forward in building virtual teams, businesses are capable to reach new heights in collaboration and business efficiencies than they ever had before. What exactly is a “virtual team”? A virtual team is exactly what it sounds like: employees that work together regardless of their geographic location through the Internet work on a virtual team. Programs and services used for digital notebooks, PowerPoint slide presentations, and word document processing such as Google Drive or Microsoft One Note can be utilized to host teams remotely as…
