Smaller retailers and merchants who often lack the resources of their larger counterparts may run into any number of problems when attempting to hire seasonal workers in order to expand their existing staff. Organizations that have only limited experience conducting a hiring process would do well to properly prepare themselves before seeking seasonal help. Continue reading
By MJ Plaster
The disasters keep rolling in—one right after the other. Unpredictable weather is one of the things Americans have learned to live with. It’s when, not if, a natural disaster or a wind-fueled wildfire will strike. As a business owner, you want to protect inventory, physical buildings, data, employees and office pets.
I’ve been through more natural disasters than I care to remember, including Tennessee’s Thousand-Year Flood in 2010 when my home sustained six feet of gushing water. I lived to tell the story and worked my way through the labyrinth of complex forms, organizations, qualifications, etc., the hard way. Now that I’ve earned the t-shirt, I’ll share what I’ve learned.
September has arrived in full force, and that means people are starting to look forward to the holiday season. Lots of companies make 40% of their annual revenue in the last quarter of the year, and even though September is almost half-way over, it is not too late to prepare and take full advantage of the upcoming shopping craze. Here are four tips for prepping your business for the 2017 holiday season. Continue reading
Outsourcing some aspects of your business to outside contractors can be a smart way to grow your business without all the added complications that come with sourcing, hiring, training, equipping and managing new employees.
But many small businesses make some mistakes when hiring contractors.
For some, the problem is that they misunderstand the legal differences between contractors and employees, and this can lead them into all sorts of trouble with the Internal Revenue Service (IRS). Continue reading
Over the last few decades, sociologists and behavioral psychologists have been conducting research into business success. Some of the most controversial research has been centered on the arguments framed by Malcolm Gladwell, a respected author whose thought-provoking book Outliers: The Story of Success suggests that luck has a lot to do with business success.
Unfortunately, Gladwell’s observation and research have been widely misunderstood. Gladwell chooses subjects who have experienced monumental success, people such as Bill Gates and Paul Allen, founders of Microsoft. It so happens that these two talented and hard-working individuals experienced a series of lucky breaks in their respected lives; however, they understood how to work those lucky breaks to their advantage. Continue reading
We have entered year of the fire rooster according to Chinese astrology. Whether you believe in astrology or not, your business can benefit from lessons the fire rooster has to teach us. Each animal of the Chinese zodiac calendar represents traits people want to embody and qualities that people struggle with. Here is a list of the main business finance lessons year of the rooster teaches: Continue reading
Those who want to start their own business and find success in 2017 must have a plan established to gain financial independence and stabilize the business. For many people, it can be easy to make mistakes that can lead to financial disasters due to a lack of experience or resources.
To ensure that you start your business on the right financial foot in the new year, there are a few important tips to follow that will prove to be effective long-term. Continue reading
By MJ Plaster
It’s a new year, and everyone’s new calendar holds a world of possibilities and promise. Unfortunately, your heavy baggage doesn’t magically check itself at Old Man New Year’s door; it follows you. So, instead of counting calories or pullups, or in addition to, if you’ve already committed to those things, why not vow to toss the business myths that have weighed you down all these years?
As an employer or a manager, it is your job to make sure that your employees are doing their job. Furthermore, it is your job to make sure that they are working to their highest potential. Let’s take a look at some ways that you can figure out if your people aren’t working their hardest and how to help them get more done.
How Do You Know That There Is a Productivity Issue?
There are many ways that you can determine if there is a productivity issue in the workplace. First, you may notice that some employees are able to get more done during the day than others or that they have accomplished more in previous months or years. Second, you may notice that orders aren’t getting fulfilled or that items aren’t being delivered to clients on time. Finally, you may notice that workers seem listless or otherwise not engaged in their work, which could indicate that they are burned out or overwhelmed. Continue reading
Small business owners are the backbone of the United States. They started with a vision, worked harder than they ever have before to make it happen, and they should be taking pride in their drive and determination. Unfortunately, a staggering number of small businesses fail and, with them, the dreams of their owners.
Most small business failures are due to money management mistakes. Understanding some fairly simple ways that small businesses waste money can help entrepreneurs avoid these pitfalls and increase the likelihood of their own success. Continue reading