It’s no secret that small businesses have it tough relative to their larger counterparts. It’s equally undoubted that a lack of resources, financially or otherwise, affects anything from credit ratings and capital raising through to people-power and technological capability. Due to the limited resources, small businesses are typically more exposed to external risks beyond their control, whether that’s an economic slowdown, a key employee resigning or losing an important contract.
EASILY reduce insurance premiums
Avoid personal grievance claims
Foster a happy, safe workplace
Bullying & harassment in the workplace is a major issue. People are standing up and speaking out, which is good news because it means workplaces are getting safer. It also means there is increasing public scrutiny on the steps businesses are taking to keep staff safe from harmful behaviour. It only takes one nasty incident to end up on the front page of the newspaper. That could have lasting reputational damage, including loss of staff and customers. Businesses who get this right have fewer staff sick days, lower recruitment costs and better productivity. All of these contribute directly to your bottom line.
Ensure staff training is targeted and effective
We’ve all sat through a few training seminars. You can’t help but feel all the information goes in one ear and out the other. The information usually isn’t tailored to each individual’s job role and there’s no way to reinforce and retain the information. This doesn’t build resilience; it’s just a waste of time and money. That’s where online training can help. The platform can be targeted to each individual job role, it’s fully customisable and you can track completion rates. With Dacreed, your team will continuously stay up-to-date in the areas directly relevant to their position. There’s no better way to ensure your team are prepared to withstand everything that the business world can throw at them.
In an increasingly competitive world, these simple but effective steps will help you survive, thrive, and focus on what matters most.