In the fast-paced payments biz, having a competitive edge is critical to an entrepreneur's ability to grow and prosper. Comprehensive merchant offerings, effective technology, mutually beneficial partnerships, stellar customer service and support, and a well-trained sales force are among the essentials required to be positioned for long-term profitability.
Another area that significantly affects a company's bottom line is workforce health. This is true for people who own businesses of all sizes—from merchant level salespeople running sole proprietorships to executives heading super ISOs.
If you work alone, you can't help but notice that if your energy is low, you don't perform at your best. And if you become acutely ill or have a chronic disease, your bottom line suffers dramatically.
If you have employees, independent contractors or work closely with partners, the greater number of variables might make the immediate effects of each individual's health more difficult to see. Yet the more vibrant everyone is, the more nimble, flexible and strong your business will be. So what is a business person to do?
Instituting a health program for your business can go a long way toward fostering wellness throughout your company, making it more likely you'll attain your business goals. Here are ideas to help you get such a program underway:
Also, create a healthy physical environment. Make sure the heating and air conditioning are working properly; that work stations promote good posture; that the office is clean and orderly; that the noise level is not distracting; and that there are elements of beauty such as appealing pictures on the walls, areas with well-maintained, live plants, and a peaceful spot where people can take breaks and refresh themselves.
Over time, these actions can cut down on absenteeism and increase happiness and productivity, which will, in turn, contribute to a healthy bottom line.
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