Building Trust In The Workplace

In Denise O'Berry's post on Small Business Trends, "Protect Your Cash or Lose Your Business," the author of Small Business Cash Flow shares six employee engagement strategies for protecting this resource that owners are guarding like their life depends on it (and often in this economy, theirs and those of their workers do).

Among O'Berry's recommendations are:

Hiring properly
Fostering open communication
Helping employees strike a balance between work and life by requiring they take vacation time (resistors could be a red flag of fraud)
Building trust in the workplace

These tips on O'Berry's list are reflective of our building blocks for creating a Winning Workplace in general – not just when it comes to generating and increasing your positive cash flow and profitability, but also reducing inefficiencies and satisfying employees so they stay longer (reducing turnover) and provide steadily better service to the customer.

Related: Check out these two guest posts, which together highlight 7 ways to work with your banker in good times and bad to stay on great financial footing to run your business.