Tips for Hiring and Retaining Employees

This article discusses how running a small business can be a difficult task, especially when managing your most important asset, the employees. However, by following tips such as upgrading your onboarding checklist software, rewarding employees for their experience, running effective remote meetings, and inspiring through positivity, this task can be made easier. Every small business needs great employees in order to thrive, and this article outlines different strategies you can try. Be sure to check [Read More]

May 19th, 2022|

8 Ways to Save Startup Money in 2022

This article discusses how many start-up businesses eventually fail, but by utilizing the eight strategies outlined in this link, you will give your start-up business the best chance possible at succeeding and even flourishing. For example, spending the necessary time developing a marketing strategy is essential to engaging your target audience. Additionally, strategies such as partnerships and employee engagement are also essential in any successful start-up business. Be sure to check out this link for [Read More]

May 12th, 2022|

Communication is Vital for CFOs

In this article, a survey was conducted by Oracle NetSuite to get insights from numerous executives about the importance of each role and their communications skills. The survey “polled small and midsize company leadership in four categories: CFOs, nonfinance executives (other members of the C-suite), finance managers, and nonfinance managers.” The survey showed that the finance chiefs’ proficiency in understanding the business was marked at a 72 on a 0-100 scale. However, CFOs believe their [Read More]

May 5th, 2022|

How Can Your Small Business Take Action Against Rising Theft and Shoplifting?

This article explains how shoplifters are stealing thousands of dollars from big and small retailers, and how the smaller retailers are handling the situation. Derek Friedman, a small business owner, says that since 2019 shoplifting has been a big financial issue with losses totaling over $200,000. Friedman also said he does not turn in all of the claims to his insurance for fears of being dropped. Friedman has recently implanted a 1% crime-spike fee to [Read More]

April 28th, 2022|

Small Business Trends to Watch

This link offers a comprehensive breakdown of the small business industry as it stands in 2022. For example, graphs displaying emerging trends, the effect of the pandemic, and hiring numbers are all included. Small businesses are often viewed as the lifeline of America, and these numbers back up that conclusion. No matter the current state of your business, being educated on trends included in this article can prove beneficial in the long run. Be sure [Read More]

April 21st, 2022|

Young Family Business Owners Can Be the Most Determined to Sustain and Grow Your Business

According to research by Family Enterprise Foundation, younger generation owners are the most committed to preserving the family business. A survey found that “97 percent of next-generation respondents consider it important to sustain the family business, while only 74 percent of senior-generation respondents feel the same.” The importance placed on direct family leadership of the business is also higher for younger generations as 95 percent of younger respondents felt that family taking over is important, [Read More]

April 14th, 2022|

What Trends Should Small Businesses Be Watching in 2022?

This article discusses a variety of trends that small businesses should either be focusing on or not as we continue along in 2022. For example, this link lists shipping status, waiting for the new normal, and the meta-verse as overrated trends that your small business should not be too worried about. On the other hand, trends such as constant communication, investing in technology infrastructure, the online marketplace, and product packaging should be a priority for [Read More]

April 1st, 2022|

Does Your Estate Plan Need Updating to Include Digital Assets?

This article explains the importance of keeping your estate plan up to date, especially since people are living longer and need more options in their documented life. Three sections in your estate plan that should be examined several times include digital assets, guardianship designations, and appropriate names in the documents. Adding an addendum in legal documents can help with the hassle of updating each new digital asset program. Choosing a guardian that will act in [Read More]

March 25th, 2022|

Strategies for Preventing Fraud

This article discusses how fraud is one of the most concerning topics for start-ups and small businesses alike due to the highly digitalized world that we live in today. It is so prevalent that “organizations report losing 5 percent of their annual revenue to fraud.” For a small business, that could be detrimental. However, utilizing best practices surrounding areas such as payroll, online banking, and written checks can all help protect your business. Additionally, hiring [Read More]

March 18th, 2022|

Building a Business Case for Remote Work

This article explains the challenges that businesses face when dealing with remote workers. Mobility managers may face numerous tasks, including understanding complex and evolving rules for tax, immigration, and other legal purposes. Mobility managers also will need to communicate risks and information requirements to business units and their mobile employees. Risks that occur when a business is not staffed to create a proper policy and framework for your mobile workforce, include compensation risks, corporate law [Read More]

March 11th, 2022|
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