What would you define as the best asset in your business? Would it be your equipment? Your products? Your team? Or the premises in which your business resides? According to Wikipedia, the work asset is defined as the following: Anything, tangible or intangible, which is capable of being owned or controlled to produce value, and …
Are you a team player? That is a question you often hear corporate business managers asking their staff or team leaders. But the question should be directed at the entrepreneur and small business owner also. In fact, it may be the first question a business coach will ask when working with a small business owner.
It is important to understand that a well chosen team of employees forms an important nucleus for the organisation. A business that is earning a profit without empowering team members has untapped powerhouse potential. Get the right people on the team, give them the tools they need to succeed and the right to use those tools including decision-making authority, and the results can be simply astonishing. Unfortunately many small business owners don’t understand how to go about creating this ideal team and that is where business coaching can be so important.