Opinions continue to fly about the nature of millennials. People argue over what they care about, how they view the world, and whether they’re entitled layabouts or driven idealists. In reality, of course, there are very few meaningful character generalizations to be made about them (or any other generation)—but that doesn’t mean there aren’t some major commonalities that […]
5 Steps to Better Invoicing and a Smart Payment Process
To make payroll, you need money in the bank… Which makes effective invoicing is a must. Let me ask you this: Do your customers pay you in a timely fashion? If not, cash flow can become critical, making it impossible to grow your business. That’s why, for your business to succeed, you need a sound […]
4 Easy Tips for Successful Small Business Accounting
As a small business owner, you likely wear many hats. In an average day, you may serve as a clerk, a customer service liaison, a marketer, an analyst, and even an accountant. With so much to do and so little time, it’s often hard to devote enough energy to any one task—and that includes managing […]
Do You Make Any of These 5 Common Management Mistakes?
Nobody’s perfect. Especially where small businesses are concerned, even the best managers make mistakes. Today, we’re going to talk about the blunders that are made more often than any other—and how you can avoid making them yourself. You take a lot of pride in your management position. As you should—leadership isn’t something just anybody can […]
Best Payroll Tools: Build a Smart HR Workflow
Looking for the best payroll tools for your small business? Or a stack of online payroll tools that work together seamlessly, so you can keep your attention where it belongs—on your growing business? In this article, you’ll learn: 4 things you need to think about when choosing your online payroll tools The 4 tasks your […]
Networking for Entrepreneurs (Why It Matters & How to Do It Right)
Being an entrepreneur offers tremendous perks… You’re the boss, free to pursue your dreams, managing your own time. But the life of an entrepreneur also comes with some significant downsides, namely in the form of stress, uncertainty, and often social isolation. Social isolation in the US is growing, and data gathered in new research is […]
Handing Off the Reins: 6 Steps to a Viable Succession Plan
When should you create a succession plan for your business? There’s no time like the present. That may not be the answer you were looking for. In fact, many smaller businesses and partnerships don’t consider the importance of succession planning until a senior-level partner or owner becomes incapacitated, or until a partnership dissolves. Business-changing events […]
Addressing Employees’ #1 Stressor Head-On
Your employees are stressed. And it has nothing to do with the work you’re giving them or the office politics or whose cubicle is 2 inches bigger than anyone else’s. Well, okay, that last one may be causing some additional stress… But the truth is financial stress is on the rise, and there’s no way […]
9 Actionable Tips for Small Business Budgeting
Balancing a budget is rarely simplistic. But a business with a budget is a business with a goal. A budget gives your business guidance, clarity, and focus. It gives you the ability to know where your company is and what the future holds if each piece connects properly. The challenge, of course, is that you […]
Human Resource Management for Newbies (A Mini Guide)
As a small business owner, you may not have an HR department. That’s not a problem, per se… But it does mean you occasionally need to wear the HR manager hat—among the many others you already wear. With that in mind, let’s review the basics of human resource management—simplified so even an HR newbie can […]
