Working Effectively with a Staffing Firm
Small businesses often lack a human resources department or HR professional to handle recruiting and hiring. This can make it difficult to compete with larger firms for top talent. Making the decision to work with a staffing firm can be difficult, especially in light...
Small Business How To: Budget Basics
A budget is essential to the successful operation of your small business. Not only does it help you manage your costs, but it can guide you in determining whether or not your objectives are realistic and focusing your efforts and financial resources on your most...
Seeking Small Business Success in 2019? Avoid Cash Flow Problems
There are many elements involved in building a thriving business, from achieving product/market fit and hiring a strong team to maintaining a competitive edge. However, studies show that 82% of small businesses fail due to one major factor: cash flow mismanagement....
Five Small Business Resolutions for 2019
Making New Year’s resolutions is not for everyone. However, the start of a new year offers small business owners a chance to look back at the past 12 months, evaluate the successes and lessons learned, and create a plan for making improvements going forward. A word to...
New Year’s Resolution: Order More Business Cards
For years, business cards were considered a must-have for any professional and often the first investment entrepreneurs would make in their business. Today, business is conducted digitally, from signing contracts and invoicing to attending meetings and even...
Is it Time to Staff Up Your Small Business?
It’s a common dilemma: your small business is booming and clients are happy, but it’s starting to strain capacity and you wonder if it’s time to bring on additional staff. If you hire too soon and business slows, it could turn out to be a costly mistake. If you...
Year-End Tax Prep Steps for Small Businesses
The fourth quarter is a busy time for small business owners. Whether you’re swamped with last-minute orders, celebrating the season with customers and colleagues, or starting to close the books on another year, it’s easy to put off thinking about taxes. However, now...
Integrate the Spirit of Giving into Your Company Culture
The holiday season is a time for small businesses to show their gratitude by giving back. However, there is tremendous value in contributing to the people and communities that support your growth more than just once a year. Volunteering and connecting your business to...
Small Business How To: Increase Your Profitability in 2019
Increasing profits is often the biggest challenge for small businesses. Profit margins are fundamental to growth and success, and there are two primary ways to increase those margins: by reducing costs or increasing sales. However, focusing solely on generating more...
Strategies for Resolving Year-End Payment Problems
Many companies generate more business during the holiday season than they do at any other time of the year. According to a survey by WePay of more than 500 U.S. small businesses, the average small or midsized business earns 20% of its annual revenues in the weeks...