August 2007
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Day August 14, 2007

Virtual Assistant or Virtual Worker?

Kathie Thomas has an interesting article on the difference between Virtual Assistants and Virtual Workers, and she writes:As the VA industry evolves and more people become aware of this excellent way of working, it is only natural that there are going to be companies developing who have a staff of virtual workers.... And that’s not to mention the agencies that tap into the VA market - there are many of these also.In terms of our-sourcing techniques this touches on two of my favorite subjects for small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer-, Professional-, Personal business, at the same time, please read it.Remember, your small business or start-up can never be too efficient.

Small Business Survival Is Getting Better

The SBA has a interesting research paper with the title "Volatility and Asymmetry of Small Firm Growth Rates Over Increasing Time Frames" - a key finding is:Survival rates over the five-year period were similar for the different size classes, except the smallest. The survival rate for establishments with 4–7 employees was 75.3 percent; this rate slowly rose to 84.2 percent for the 512–1,023 size class.

Business Fraud On the Rise

Business fraud is on the rise and has employers and business owners across the U.K wondering whether it is to do with employee dissatisfaction, poor HR management or improper financial management.BDO Stoy Hayward reported in a recent research that business fraud has gone up by 42% as compared to the same period last year. It also found that one of main reason for this trend is not poor management or dissatisfied employees but because the fear and risk of prosecution is low."When it comes to frauds against businesses, if you are discovered there is only a small chance of being prosecuted.

Bogus Leave Maybe an Indication of Employee Morale

Small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer-, Personal business owners need to ask themselves and their employees as to why absenteeism is becoming so common and need to take steps to ensure that it does not become an accepted trend. In fact the survey also revealed that when companies accepted such "sickness leave" other workers were often left wondering "Why not me?""Bogus leave should not be taken lightly" says Mikle Huss, the employment law director at Peninsula, and work interviews need to be scheduled after the employees get back to work.

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