Trade is center of our success and development. Without such, we will not be able to acquire the technology that we possess now. Doing business is indeed better than being employed. Not only that it gives you bigger income but it also adds to the economic progress of a country. Looking for employees to hire is very easy, but keeping them and gaining their loyalty a difficult.
For the benefit of those who do not know, business is actually a subject of trade that is either engaged in offering goods for sale or services. They may be different in nature but they are both designed in order to gain profit. Money is the medium of exchange and in fact we cannot do or buy anything without such. Buying and selling is very common nowadays considering that nothing is to be given for free anymore.
Economy is the term used to determine whether or not a person or certain country is rich or poor. In other words, such is a condition or structure of economic life in a country, area or period. Further, it also refers to the production, distribution and consumption of goods and services.
Being that said, every establishment or entity needs personnel to continue their operation. These persons are commonly called as employees. If customers are considered as the life blood of the business, workers and employees are the backbone of such. Without these two, business will not grow and bankruptcy is most likely to happen.
Indeed, an employer cannot do all the necessary works for continuance of operation especially to maintain its production. Which is why, owners do not have a choice but to hire persons who will perform the job. It is only kind of sad that they normally are paid minimally as compared to the extent of their work considering the money that they can realize for the company.
Without a doubt, hiring personnel will definitely cost some money. But that is only normal because they are rendering their services and efforts for the success of said company. In fact, they are protected by the law to make sure that their rights are not being violated and abused by their bosses.
Most countries value the importance of laborers because they understand that without their help, the economy will go down negatively. Unlike before where laborers are greatly underrated, the modern generation had managed to change that perception. Due to several strike and activists, we now understand the importance of such.
One thing that gives fear to almost all businessmen maybe the loyalty of those persons they hired. Of course, said relationship between the boss and the worker involves fiduciary and a lot of confidential information regarding the business will be disclosed to them. In fact, that is where competition starts. Best example for this is the Apple Company founded by certain Steve Jobs met its competitor which, allegedly, stole and copied his ideas.
Nonetheless, this article does not want to discredit anything or anybody. It only aims to provide some quick discussion about the topic. This may give some insights to both workers and entrepreneurs on how they will manage the company.