When it comes to certain aspects of running a business, such as withholding employee taxes, it pays to follow the rules. In other areas, however, straying from standard practices might be a smart move.
Here are four business rules you can break — and, in doing so, build a stronger company that is prepared for growth.
1. Avoid nepotism. “One of the biggest, unwritten rules in business is never to hire family members,” notes Nick Whitmore, managing director of ContentWriting.org. Yet bringing in a relative can sometimes be a solid solution.
Whitmore says he enlisted his brother to help with his e-commerce business and got positive results. “It was the first time in a very long time I was able to walk away from the business and take a holiday, with peace of mind knowing he was looking out for my interests and upholding my high standards,” he says.Read More
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