Online Strategies for Today’s Workplace

At Corporate Business Solutions, we offer extensive expertise and firsthand knowledge in a broad range of industries.  Our proven methodology, including analytics and consulting, allows us to present comprehensive management solutions to your business. 

In today’s marketplace, Corporate Business Solutions can be called in to help integrate digital advancements into the workplace.  A new wave of digital tools can help companies to focus not only on hiring but also on managing, retaining and developing employees. Digital labor platforms can pull these tools into an integrated whole as companies expand their employee database, refine recruiting methods and organize their employees more effectively. Such tools, and the platforms that include them, can put the right person in the right job, identify gaps in skills, assist employees in further education and nurture the development of the next generation of business leaders.

Online labor platforms make it easier to find—and harder to retain—talented people. They give companies a real opportunity to transform the way they recruit, develop and engage their employees. 

• LinkedIn has more than 122 million US members.  In addition, LinkedIn and sites like Careerbuilder and Monster.com have changed the way employers and employees connect, and digital marketplaces such as Freelancer.com, Toptal, have transformed the sourcing of contractors’ services internationally.
• Digital labor platforms have also created a more transparent job market. Top performers know their value and are growing more footloose as a result; many are going online to find new opportunities and to evaluate potential employers. What’s more, a lot of people now scour platforms such as Glassdoor to learn what current employees have to say about their job satisfaction, company culture, and lifestyle. Companies that don’t manage their workplace reputations carefully or engage their employees appropriately will find themselves on the losing side of an increasingly digital war for talent.

Corporate Business Solutions help small businesses capture substantial value by applying digital innovations to some of the most critical organizational challenges: matching the supply of and demand for labor, boosting productivity and getting the most out of people. 

To learn more and / or to schedule your complimentary appointment with the business experts at Corporate Business Solutions LLC, call us at 877-357-9366.

Tips for Integrating Corporate Philanthropy

The business experts at Corporate Business Solutions remind business owners that corporate giving has become the norm in our modern society. In fact, donating time and resources can be a crucial part of a viable business strategy. In addition, becoming a better corporate citizen nurtures good will that can accumulate other benefits. Some business owners assume integrating corporate philanthropy costs considerable money, however, it doesn’t have to cost more than you can afford.  

Establishing corporate philanthropy can be a challenge for business owners, so many industry leaders are turning to the professionals at Corporate Business Solutions for help. If you’re looking to establish corporate giving, here are some tips to begin the process: 

• Start with a solid enterprise- Sound business practices make for ideal philanthropic planning. Having a stable organization, even if profits aren't soaring yet, will ease the process of incorporating giving.
• Cultivate a strategy - Philanthropy starts with an idea and one of the first steps is developing a strategy around giving.  Determine what issue or issues will the company be addressing and why, what form will the philanthropy take, precisely how that will be accomplished, the long-term goal and how that all fits into the company's core values.
• Establish philanthropic objectives - Philanthropy has a number of forms, not just monetary ones, so the key is to find a donation structure that melds with the company's identity and plays off its strengths. Non-cash options include donating products and services, such as volunteering based on the company's unique skill sets.
• Become part of your community - Successful philanthropic endeavors are built steadily over time. The impact comes not just from which organizations receive funding, but also the development of positive, lasting relationships between companies and their communities.
• Partner with the right-fit charities - When looking for a nonprofit to partner with, take a close look at the organization's leadership, programs, activities and strengths, as well as the associated risks. Do research by assessing their track record and financial stability.

To learn more and / or to schedule your complimentary appointment with the business experts at Corporate Business Solutions, call us at 877-357-9366.

The Knowledge to Increase Business Profits

Business owners typically share one common goal of maximizing business profits.  It’s no surprise that sharp entrepreneurs  in business partner with the experts at Corporate Business Solutions.  We consistently maintain the expertise and diversification necessary to help our client’s increase their business profitability.

Increasing profit at any level - gross profits, operating profits and bottom line or net profits - is based on increasing revenue, lowering costs or both.  

• Gross profit: Your gross profit is revenue minus costs of goods sold. One tactic to add profit is to generate more revenue while maintaining a constant cost of goods sold. You may also look for lower cost options to deflect some of your costs. 
• Operating profit: Your operating profit is gross profit minus operating expenses, such mortgage / rent payments, utility bills and marketing expenses. In addition to increasing revenue, a company can boost operating profit by reducing its cost structure in one or more of these fixed expenses.
• Net profit: Your net profit is the final result after adding irregular revenue and expenses to operating profit. It is possible to have high net profit relative to gross or operating profit if you report the sale of investments or assets. 

A business could increase profit -- but not profit margins -- in a given period if it takes on a higher proportion of costs to revenue than it previously had. The goal of improving margins is to enhance efficiency in turning revenue into profit.  To ensure that your profit margin grows, the business must generate revenue in a more efficient way. Raising prices and / or lowering cost of goods sold are often key drivers of gains in profit margins.

There are four key areas that can help drive profitability, including reducing costs, decreasing turnover, increasing productivity and increasing efficiency. Our experts will work with you to determine the changes needed in your business and then implement new standards to increase profit margins:

To learn more and / or to schedule your complimentary appointment with the business experts at Corporate Business Solutions LLC, call us at 877-357-9366.

5 Leadership Tips from the Business Experts

The renowned business consultants at Corporate Business Solutions strategically work with business leaders in your organization to ensure all employees are given a path that leads to success. As you may already know, it can take years to become a success. If employees are willing to commit and follow advice and the right systems put in place within the business, that time can be considerably shorter.

Here are 5 leadership tips from Corporate Business Solutions that can be incorporated into your business:

1. Lead by example. Act as you would want your employees to behave, but also recognize that your role is different from that of your employees.
2. Surround yourself with the best people in the industry. Hire for fit, train for skill and hire people who are better than you. Be ready upon the start of new hires so they immediately feel connected to your business. 
3. Don’t play the blame game. It can always be someone or something’s fault. But in the end, it stops with you. As a business leader, you have the power to inspire people to exceed expectations. You also have the power to release people who aren’t making the grade. What you shouldn’t do is blame everyone else for your team’s failure to perform.
4. Build on strengths. It is common to focus on improving weaknesses. However, you can differentiate yourself by paying special attention to areas of strength, as this is where you’ll receive the greatest return for your investment.
5. Your success depends on the success of those around you. For your business to be successful, you will need to shift your focus from “me” to “we.”  Going forward, you will be evaluated on your ability to create and maintain a highly engaged team that is willing to give it their all.

To learn more and / or to schedule your complimentary appointment with the business experts at Corporate Business Solutions, call us at 877-357-9366.