Merchant Cash in Advance Loan Effects on Employees
Merchant Cash in Advance 101 - The main keys to keeping good employees is making sure they are treated with respect, dignity and appreciation. This may seem like common sense and yet, it often doesn't happen. I consult with various types of merchant cash advance organizations employee retention and how to gain more commitment from the staff. I often will meet individually, in private, with a cross section of the staff. I spend at least an hour with each employee in a confidential meeting to find out their view of the merchant cash advance company. Inevitably, the areas that are most lacking for the employee to be fully satisfied are communication and appreciation.
Once the area of discontent has been identified I design programs for the merchant cash advance company in which to address the problems. What is amazing is the problem is often on the way to being solved by virtue of the fact the merchant cash advance organization has brought me in. A common comment is, "Finally, someone is listening to me."
Often, a merchant cash advance company's problems can be lessened with some good coaching and training of management. It is amazing how many managers and supervisors were put into their position without any training in interpersonal skills, management and supervisory skills, and how to communicate effectively. Nine times out of ten the people who need the most training are the ones who think they need it the least. And, they are often the biggest obstacle to the success of a merchant cash advance company.
In order to stay competitive on all fronts you must keep your entire merchant cash advance team on the leading edge. By doing so you will be in business for years to come with a happy, dedicated and productive merchant cash advance team. And that will equal profits.
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Posted on: August 12, 2011 11:31 PM