Many business owners struggle with back-end office organization, especially regarding financial items like business receipts. The problem is two-fold: most business owners underestimate the importance of business receipts, and receipts are hard to organize manually.
While it is advisable to keep all purchase receipts – personal and professional – a desire to reduce paper clutter and make the right choice environmentally has many people skipping the receipt altogether or asking for an emailed copy.
Hurried hiring is bad hiring. Yet many businesses still hire new employees hastily, filling everything from entry-level positions to key strategic roles. Fast-growing businesses are the most at risk for rushed hiring because they have the most open positions and the greatest incentive to fill them quickly. Unfortunately, this can be a recipe for disaster, derailing competitive momentum and stymying long-term growth.