Question

What policies best support efficient small businesses? Which best support women and minority small businesspeople? Are they the same?

Answer 1

Here are our top 5 policies small businesses shouldn’t be without:

1. Disciplinary & Capability Policy

The Disciplinary policy is statutory and the Capability policy sits nicely alongside. These help ensure that all staff are treated fairly when they step out of line or their work falls below standard.

2. Grievance Policy

Another statutory one. It is important that your staff feel that they can raise concerns and be treated fairly within the workplace. Your grievance policy will let them know how to raise an issue and how they can expect it to be handled.

3. Equal Opportunities

It is important for the success of any business that it treats all staff fairly and equally. The duty not to discriminate is constantly scrutinised and this policy will help demonstrate that you are complying with your obligations.

4. Anti-Bribery Policy

Since the Bribery Act 2010 came in to force, it is more important than ever to document what constitutes bribery, how your company deals with these issues and how you train your staff.

5. Social Media Policy

As the fastest growing marketing tool is further ingrained into business and daily life, you cannot underestimate the importance of setting out a Social Media policy to protect your business.

Once you’ve set up these policies, it is important your employees are aware the policies exist and ensure they are easily accessible for reference.

This is the case of small business. So there is no particular difference between the gender. Both men and women should posses the same strategies. Both of them should be following the same set of rule. Because they are equal.