I think the above mentioned points are all very important but my number one is connected to employee appreciation which is still neglected by so many companies. In fact, one of the most important things to keep your employees constantly engaged is to show them that their work is meaningful and that it has some tangible results. There’s nothing that puts people off more than a dull and steady job. You would be surprised but unhappiness in the workplace where progress means nothing is often connected to health problems. According to various surveys, people with low-paying jobs and with few possibilities to make progress have a higher risk of heart disease than those who feel satisfied in their careers. I just recently read that only a small number of employees are happy with their working environment which results in increasing importance being placed on different wellness programs and even a workplace exercise regimen to increase productivity and develop a more positive attitude.

I would add that it’s important to know your exit strategy as well. An entrepreneur needs to be in control of the process from start to finish.

Thanks and with all the best,

Have you read “Topgrading” by Brad Smart? Here is a link to his website: http://www.SmartTopgrading.com

Thank you.

Phil

I often wonder what change will affect bookkeeping that will turn my world on its axis. Although I do not prepare federal income taxes, if we get to a simpler tax system or a National Sales Tax, that could lessen the complexity of reporting to the government. Could be POS systems can track all this. However, companies will still need numbers and analyses for management decisions and for obtaining capital. And even the most sophisticated accounting systems require human oversight. For now, at least.