As a small business owner, it can be tempting to try performing every function of your business in-house. Unless you are a seasoned bookkeeper, performing your accounting functions yourself can actually cost you a great deal of time and money over the long run. Here are 5 ways your company is losing money (& [...]
When working in a business, the hiring process can be stressful for both parties. One on hand, you have the person who's going to be interviewed and (possibly) hired. First of all, it's important they prepare for any interview questions beforehand. Second, the potential employee also has to be sure he/she leaves a lasting impression on [...]
You are your business. Whatever your product or service is, you are the person who drives the company. You have the passion for the product or service and you have the ability to provide excellence to your customers. That being said, don't allow yourself to get bogged down in details that are better handled by [...]
For most people, the moment when they made the decision to leave their job and start a business of their own always stands out in their minds. They can point to a certain day, a certain conversation or a certain book they were reading when they realized that they were actually going to do [...]
It is time to hire a new employee. What do you need to know? Here are some questions to ask yourself when considering business expansion and whether or not to hire that new employee. Can You Afford It? Have your projected financials been on target or above target? Is there an opportunity for expansion [...]
"There’s no shortage of remarkable ideas--what’s missing is the will to execute them." Seth Godin had a good point when he said that. However, even if you have the ideas and the will, that does not necessarily tell you how to execute them! Fortunately, we have a list of the 10 tools you need [...]
While on a mission to make money, it seems saving it has become a whole other obstacle. It feels like you're going about your business aspects the right way and yet it you're spending a lot more than you anticipated. Where is all that money going, and more importantly how can you get it back? [...]
Everyone who starts a business needs to create a business plan within their first 90 days. A great business plan takes a simple framework and uses it to help you think through and communicate your desires for your business. The following list gives you a basic outline to follow for a business plan, as [...]
If your company has more work than it can manage, you and your employees become stressed out by trying to stay on top of everything. This is usually a sign that you need to hire a new employee. However, it's better to avoid waiting until you're drowning in work to hire a new employee. [...]
When you start a small business, it’s normal to take help from whatever sources are at your disposal. If a friend is willing to come up with capital, say yes. If you find the perfect employee to be your administrative manager, hire them immediately. If you hear of a great firm that can do [...]