The use of artificial intelligence (AI) is a hot topic across all industries. While some businesses see nothing but opportunities for using this type of technology, others are keenly aware of the downsides. Let's look at how AI can help entrepreneurs grow their business and what risks are involved.
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Even though there are more hours of daylight during the summer, many companies implement a shorter work day. This concept of summer hours benefits both the employer and employees, many of whom may have vacation plans or just want to achieve a more comfortable work/life balance.
A positive work environment is highly beneficial, but so is establishing boundaries between an employer and employee. There are many factors of a healthy professional relationship to consider before deciding whether employers should befriend employees.
Starting a business with friends can have its ups and downs. Discover the keys to maintaining a healthy friendship and partnership.
So, you've considered the pros and cons of starting a family business and decided it's right for you and your relatives. Congrats! Now it's time to learn about building a strong family business so it can successfully span future generations.
Starting any small business can be exciting and overwhelming. When your family is on board, not only do you have cheerleaders in your corner, but you could also have the makings of a leadership team. Consider some of the following pros and cons of starting a family business before you decide if it's the right route for you and your relatives.