For a business to be sustainable, it is wise that you don’t limit it to be one man show. As the industry becomes complex it is not possible for a business owner to be jack of all trades. As no matter what stage your business is, nurturing relationships is very important to foster growth.
As a business owner, you have following caregivers to build bond with:
Employees: This is the most underrated “relationship” when you think as a business owner; however it is the most important relationship you need to maintain. A good employee is a crucial asset for the company. The time and effort the owner invests in nurturing this relationship has the highest return on investment (ROI). Employees when feel seen, respected, and appreciated produce more than anticipated. The business relationship that employees build with customer reflects a lot in the way you as an owner treat them. Even if you are a start up with limited resources and are operating organically, once in a while, consider hiring conference meeting rooms and conduct team meetings. This will boost member’s morale and in turn your business. There are several websites that provide competitive meeting room rental for leasing the space on daily/hourly basis.
