Question

How can a business owner improve and maintain productivity in his/her business?

Answer 1

Productivity is on the decline in America: The Bureau of Labor Statistics showed that during the fourth quarter of 2014, nonfarm business output increased by 3.2 percent, and hours worked increased by 5.1 percent; but productivity itself decreased by 1.8 percent. This is a disturbing trend for any business to deal with, for both salaried workers and entrepreneurs.