Business expansion is an incredible milestone for small business owners — you know that you’re doing something right when your company is ready to break ground in a completely new location. But until you get the ball rolling and customers come through your doors, there’s […]
If you own a business or are considering leaving your current job to pursue your entrepreneurial dreams, it’s important to have a handle on your personal financial situation. Owning a business is not an easy pursuit and finances are often the main source of stress […]
Positive reinforcement plays an integral role in a company’s culture and overall employee job satisfaction. With the holidays around the corner, it’s naturally a perfect time to show gratitude for your staff in some way. Though a financial incentive is certainly a highly sought-after reward, […]
Today’s small businesses have an interesting relationship with technology. In the past, only enterprise- or corporate-sized entities were privy to the newest tech on the market, as they alone had the resources and budgets to make these considerable purchases. However, subscription-based platforms and wider tech […]
Burnout is an issue for entrepreneurs working around the clock and doctors trudging through long, demanding shifts, but you may not consider the serious effects it can have on your own staff. With a workday that doesn’t end and an always-reachable mentality, job burnout is […]
Microsoft Excel has been a cornerstone application for businesses since it landed in 1985. For some small business owners, it is a necessary evil – but for others, it’s the Swiss army knife of software, capable of being far more useful than it looks on […]
LinkedIn is the definitive social media platform for the professional community. But while 30 million companies have LinkedIn profiles, many small business owners continue to resist or delay signing up. Who needs another social media network, right? Especially one targeted for use during work hours! […]
Regardless of the state of the economy, employees in especially competitive fields can be more selective when it comes to securing a new position. Small business owners face the challenging dilemma of attracting and retaining top talent without the ability to offer higher salaries. Without […]
When you run your own business, financial slumps are inevitable. Few companies can start their businesses and keep them growing and thriving from the beginning without any financial hiccups along the way. Starting your own business will always be a financial risk. The important part […]
For most consumer-facing companies, profit is a product of two factors: revenue and expenses. Revenue is the income generated by the sale or rental of a company’s goods and services, as well as income earned through investment. Expenses generally include the cost of goods sold […]