Managing employees can be a daunting prospect, especially if you are new to it. Many small business owners started their businesses because they wanted to be their own boss, but what happens when it comes time to hire employees – what kind of leader will you be, how will you juggle your business and the regulatory requirements of being the boss?
While great leadership is often measured by your ability to lead and mentor your employees, it’s also important to remember that as an employer and manager you are required to treat all employees equally and fairly.
Imagine yourself in charge of a 40-person company, selling small business software, during the sudden crash of 2008. Your sales had been lagging a bit all year, but as the financial news blackened in late summer and early fall, your sales plummeted. September sales fell to 25% below the previous year, 30% below your planned level. October sales fell again. Within one short 10-week period, you found yourself falling from slightly profitable to below breaking even.
What do you do? Of course you cut expenses; that’s obvious. How to you decide what to cut?
in Denver, Colorado, as part of her nationwide listening tour, Secretary
Pritzker met with the heads of the Commerce Department’s local offices, including:
International Trade Administration’s U.S. Export Assistance Center (USEAC), the
Economic Development Administration (EDA), the National Institute for Standards
and Technology’s Manufacturing Extension Partnership (NIST MEP), the Patent and
Trademark Office (PTO), the U.S. Census Bureau, the Inspector General (IG), and
U.S. Secretary of Commerce Penny Pritzker today met with
Colorado Governor John Hickenlooper to talk about ways to build on the momentum
of an improving Colorado economy through efforts that support collaboration and
entrepreneurship. The Governor is a strong supporter of entrepreneurship,
innovation, and the state’s highly-skilled workforce – all things that make
Colorado an attractive place to do business. As part of her nationwide listening tour, Secretary
Pritzker is meeting with state and local leaders who are undertaking creative
U.S. Secretary of Commerce Penny
Pritzker today met with Denver Mayor Michael Hancock and the Director of the
Denver Office of Economic Development Paul Washington to talk about issues
facing the city’s economy and local businesses. As part of her nationwide
listening tour, Secretary Pritzker is meeting with state and local leaders who
are undertaking creative projects to attract business investment. Secretary
Pritzker and Mayor Hancock talked about his vision for the Denver International
While in Boulder, Colorado, as part of her nationwide
listening tour, U.S. Commerce Secretary Penny Pritzker today met with
employees from the Commerce Department’s National Telecommunications and
Information Administration (NTIA), National Institute of Standards and
Technology (NIST), and National Oceanic and Atmospheric Administration
(NOAA). Approximately 1,600 department staff and affiliates are located at
the Boulder facility, and the Commerce Boulder Laboratories is the largest
department facility outside Washington, DC.
Today, U.S. Commerce Secretary Penny Pritzker traveled to
Boulder, Colorado, to kick off her nationwide
listening tour. Upon her swearing
in, Secretary Pritzker announced that she would travel the country to meet
with, and hear from, business and community leaders, entrepreneurs, and
Commerce Department employees to discuss how public-private partnerships can
strengthen the economy and create jobs.
Guest blog post by Robert D. Strain, President, Ball Aerospace &Technologies Corp.We were pleased to host U.S. Secretary of Commerce Penny Pritzker on the first stop of her nationwide listening tour. As a leading manufacturer, Ball appreciated the opportunity to share our perspectives on how to strengthen American businesses with Secretary Pritzker. Ball has recently made significant investments in its manufacturing facilities including an investment in its spacecraft manufacturing center and an expansion of the company’s metal beverage manufacturing plant in Golden, CO.Read More
Crossposted from MBDA.gov.Newly appointed Commerce Secretary Penny Pritzker visited Minority
Business Development Agency (MBDA) employees during their staff meeting
During the visit, Secretary Pritzker talked to MBDA staff about her
commitment to supporting the Agency’s mission of helping minority-owned
businesses grow and create American jobs.
America’s 28 million small business owners drive job creation and innovation across our economy. They are responsible for creating two out of three net new private sector jobs in our communities. Many of these businesses start with shoestring budgets and small staffs of dedicated people looking to transform their industries. These men and women work hard. They sacrifice. And the last thing they have time for is bureaucracy, piles of unnecessary paperwork and navigating byzantine processes that waste time, money and resources. They have businesses to run.