There’s no shortcut when it comes to creating a successful startup. It requires hard work–and lots of it. Entrepreneurs and startup leaders are notorious for putting in long hours, and many of them ask the same of their employees.
If you’re asking your team to come in early, stay late and work on the weekends, you’ll definitely be productive – but you may also run the risk of burning out your employees. To prevent burnout, and to keep your team happy, healthy and productive, consider these 6 tips for motivating employees. With a little creativity, you can keep your employees happy and hardworking, while also reducing burnout and unnecessary stress. Continue reading
We all treat our employees in different ways at the end of the year. Some businesses give bonuses, some extra vacation days, and some give out turkeys as a means of thanks! We reached out to our pool of small business experts and asked them how they thank their employees at the end of the year. Here are our top ten answers: Continue reading
Hard to believe, but we’re already to the ‘Rs’ for our ABCs of Small Business Industry series! And today’s R is for… retail!
Now when we think retail we typically think of clothing stores. But retail can be broken down into a few different categories: store retail, specialty retail, non store retail, mail order retail, internet retail, and vending machines. Continue reading
First of all, what is a brand?
A brand is a company’s perceived “personality,” or set of values that are associated with a company, product or service. A brand may be described as being dependable, fast, exclusive, expensive, or friendly. Unfortunately, some brands earn descriptors like dated, inefficient, sloppy, and unprofessional.
In effect, a brand is the sum of all the perceptions about your product, service or company that many different people have. These perceptions are a result of the way your brand looks, feels, and communicates, as well as the customer’s experience with the product itself and the service. All of these have to work in sync for a brand to establish positive equity with all stakeholders. Continue reading
In today’s BB segement, we’ll be going over the basics of dissolutions. What they are, why someone would want one, and what to do if you accidentally dissolve when you didn’t want to.
First of all, what is a dissolution?
A dissolution is a formal closure of a business with the state. A corporation or LLC must file articles of dissolution in order to complete the termination of a business. Upon being dissolved, the business will no longer need to file annual reports, pay state fees, taxes, or be seen as active in the eyes of the state. Continue reading
So, you have taken that big step, that giant leap into the abyss of commerce. You went and decided to start a business. You’ve incorporated, partnered or formed an LLC, got an EIN, a reseller’s license, maybe a dba, and opened a bank account.
You know in your heart that you are going to do fantastic, have fun, and make lots of $$$$! You may even have thought about how your customers are going to pay you: cash, checks, money orders, bank wires, bartering? I left something out, didn’t I? I didn’t mention credit cards. Any business in today’s cashless society has to accept credit cards. Unless you’re selling hot dogs on the corner, frankly, you won’t survive without accepting the almighty plastic. I know, it used to be the almighty dollar, times have changed. Continue reading
Ever wondered what business management skills a business owner needs to stand the test of time and run a successful operation?
Or maybe you’ve questioned your own abilities and wondered, “Are there things I should know but don’t?”
You’re not alone in that thought.
The truth of the matter is: entrepreneurs need many different business management skills, character traits, and habits to make them successful. But there are certain business management skills that seem to stand out as highly important—both in research and polls. Continue reading
Your accountant goes through a lot. Every one of their clients demands their full, undivided attention and expects a miracle. What you may not realize is that every time you walk into their office there’s a long list of things they wish you were at least aware of before you signed up with them.
Want to really impress your accountant at your next meeting? We talked to some real tax professionals to find out what you need to do. Then take this advice we gathered from CPAs to heart. Continue reading
If you’re the leader of a small business, you’re probably an exceptionally focused person. No doubt you’re keen to draw maximum value from your most expensive resource – your employees. After all, if you can get each individual to produce exceptional results, your employees will benefit from an environment that’s highly profitable and full of opportunities. It’s a win-win! Continue reading
It might seem like you just finished filing last year’s taxes (and if you got an extension, then maybe you actually did!) but next tax season is already on the horizon. And while preparing to file might not be at the top of your priority list, getting a jump start will eliminate a lot of unnecessary stress when it comes time to submit your business tax return.
To help make your life easier, here are four things you can do right now to prepare your business for tax time. Continue reading