shutterstock_176986304

How to become an Effective Delegator through ‘Monkey Management’

As a management consultant, I’ve seen many business leaders struggle to delegate. Whether it’s a reluctance to let go of responsibilities, or failure to bring in professional management to deal with burgeoning administrative workloads, failure to delegate can stop business growth in its tracks.

In this article I want to look at the art of delegation and how an approach known as ‘monkey management’ can help increase workplace productivity at all levels of management. (more…)

SHARE:
shutterstock_262120505

How To Protect Your Small Business With Insurance

The world of insurance can be a huge headache for small business owners. Since getting your business off the ground is your number one priority, it may seem unimportant to get the proper coverage in the early days of your business. However, it is imperative to remember that even in the early days of operation, your company may run into some unexpected and costly issues. Having insurance, especially the right type of insurance, is vital for the future growth and success of your business. (more…)

SHARE:
shutterstock_192993206

Experts Weigh In: What types of insurance do you protect your small business with?

You worked so hard to build this business from the ground up; it’s important to keep it protected. We were curious to see what types of insurance different business owners subscribe to in different industries. Here’s what they had to say…

“My husband and I own a business creating handcrafted grooming products. We want people to feel confident using our products and we want to protect our business and family, so for us, insurance is a must. We have a Commercial General and Product Liability policy through the Indie Business Network geared specifically for makers of handcrafted cosmetics.” –Carrie Seibert, Soap Commander, LLC (more…)

SHARE:
shutterstock_174966596

How to Bring Your IT Department Into the 21st Century

Sometimes a company is left functioning in an out-of-date mode of operation. It might be because the owner is too tight with the company purse strings. It might be because a company has difficulty obtaining top talent for filling key positions. While the reasons and excuses are numerous, often the real problem is that the people in charge simply do not know how to identify and enact meaningful change. This is especially the case when it comes to revamping a company’s IT department. Here are a few ideas to help a company bring its IT department into the 21st century. (more…)

SHARE:
shutterstock_176986304

West Virginia Is Leading The Charge For Young Entrepreneurs

Whenever most people think about start-ups and young entrepreneurs, their minds tend to  picture Silicon Valley or Silicon Beach. Though California is synonymous with up and coming businesses, it may not be for much longer.

Across the country, West Virginia passed legislation on March 12, 2016 that is breaking down the barriers of entry for young entrepreneurs.  Effective July 1, 2016, West Virginia House Bill 2897, also known as the Young Entrepreneur Reinvestment Act, will waive business filing fees for residents under the age of 30. Filing exemptions for non-profit and for-profit corporations as well as limited liability corporations are included in this bill. (more…)

SHARE:
shutterstock_164547224

Experts Weigh In: What are your tips for running a seasonal business?

The summer is always a popular time for seasonal businesses. Ice cream stands pop up, new food trucks start roaming the streets, and lots of beach-related products start to make an appearance. Running a seasonal business is different from running a regular, year-round business, so we asked some seasonal business experts for tips.

Here are our ten favorite answers:  (more…)

SHARE:
shutterstock_228732865

How to Turn Your Hobby Into A Business This Summer

Summer is the season to take the time to enjoy the beautiful weather. It’s also when the sun is out a little longer, allowing us more time to enjoy the hobbies we love. Be it knitting a sweater or organizing a softball game with friends, summertime is the best time to make, create and build on the things we love. For young entrepreneurs, it is also the best time to take those hobbies to the next level. There is nothing greater than creating a successful business doing the things you love, especially when you can start today. Below are some tips to spend the least amount of money while still making sure your new business is off to a successful start: (more…)

SHARE:

We Teamed up With Guidant to Find Out Who Small Business Owners Are Voting For

MyCorp and Guidant financial teamed up to survey 1,000 small business owners on their thoughts concerning the upcoming election. Though 94% of small business owners plan on voting, there is still plenty of room for persuasion as 87 % said neither Mr. Trump nor Mrs. Clinton had adequately addressed small-business concerns in the campaign.

Here’s what we found: (more…)

SHARE:
shutterstock_167355917

Experts Weigh In: What’s the best tool to run your business with?

Running a business is a full-time job. Thankfully, there are a lot of really useful tools out there to help entrepreneurs run things smoothly. We asked our small business experts what their favorite tools are for running their businesses.

Here’s what they had to say…

“Without a doubt, our business would not be able to function without Google Drive. It’s free and we are able to share our documents with our business partners in other countries. We can even work together simultaneously on the same document. We use documents, spreadsheets and templates for invoices and other forms. It’s easy to insert our logos, signatures and other proprietary information.” –Jacquie Whitt, Adios Adventure Travel (more…)

SHARE: