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How to get the most out of business meetings

Conducting meetings is a regular way of communicating what needs to be done around the office, but if nothing gets accomplished it can be discouraging. When organised properly, however, business meetings can be effective and efficient.

Plan ahead:
Meetings need purpose. If they are not planned well then topics needed to be addressed may get missed. Before starting ask questions like, ‘is this meeting necessary?’, ‘What is the purpose of the meeting?’, or, ‘who needs to attend?’ This can give you a solid direction for the meeting. Topics that need discussing could be listed on the agenda. Try itemising each issue to give everyone a firm guideline of what is expected to be discussed.

Timing is everything:
Starting a meeting on time reinforces the idea that others will fall behind if they are late. Punctuality can help to ensure that adequate time is spent discussing each item properly. Timing also applies to the practicality of the items you wish to discuss. Having specific deadlines for your objectives to get accomplished can assist in keeping everyone on the same page.

Encourage participation:
Do not let a meeting be dominated by only a few people. Instead, create a friendly atmosphere where everyone feels comfortable, this can help others to speak up and express their opinions. Exploring the views of other people can give you valuable insights into who can handle certain responsibilities or whose ideas are worth implementing.

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Using your tax return wisely

Posted on July 8, 2019 by admin

Getting your tax refund back is exciting, but as tempting as it is to splurge, consider other ways you can put that money to good use. It is easy to get caught treating your return as extra money when you shouldn’t see it any differently than your regular paycheck. Give the money a purpose by thinking about your personal financial situation and determining your needs.

Emergency fund:
An emergency fund can make all the difference if a difficult financial situation comes up, acting as a backup in the case of an emergency such as losing your job or medical costs. Building an emergency fund with enough money to cover at least three months worth of expenses is a good starting point. Make sure the money is added to a high-interest savings account to utilise compound interest. If you are contributing regularly to this fund, adding money from your tax return can boost it above schedule.

Make debt repayments:
With a bit more money at your disposal, now is the time to make repayments on debts you may have. Start with the higher interest debts and work down, your interest repayments will drop when you lower your outstanding balance. These debts can be things like credit cards, personal loans, outstanding bills or mortgage repayments.

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