The Biggest Reason You’re Losing Talented Employees

When you hire someone new, you invest a lot of time and money up front. In fact, The Society for Human Resource Management estimates the cost of each new hire is more than $4,000 for the average business. Plus, once you’ve found a great new employee and integrated them into the team, they become a…

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Are You Striking Deals or Forming Strategic Relationships?

Language – if we listen carefully –reveals a lot about the changes happening in society, and business is, of course, an important part of our society. That’s why I was fascinated by a short exchange between an interviewer and the CEO of a company that curates clothing and sells it on a subscription basis over…

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Not Every Dollar is a Good Dollar

If every dollar looks the same, how do you know which dollars are “good” dollars for your business? The reality is – every dollar is not created equal and doesn’t serve your business in the same way. In fact, some dollars actually cost you money. Let’s say prospect #1 wants to buy something you don’t…

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TIGTA Reports Billions of Dollars of Uncollected Taxes

Despite having thousands of employees and information matching programs in place, the Internal Revenue Service has not always been able to follow up with every instance of a tax discrepancy. However, a recent report from the Treasury Inspector General for Tax Administration (TIGTA) advises the IRS to take further measures to help lessen the “tax…

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Improve Your Digital Reputation with Customer Reviews

In a digitally driven world, improving your reputation in the online space is critical. In the past potential customers would often ask for references deeper in the decision making process. Today this can be done upfront in discovery process when their start their vendor selection process. Not only do online customer reviews improve your digital…

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How to Optimize Your Physical Store as an Online Retail Brand

It wasn’t that long ago that retail-focused entrepreneurs were thrilled by the possibilities of online-only business models. Doing away with significant expenses such as store rent, utilities and labor while serving customers efficiently seemed like a win-win. Now, even the most prominent online retail brands are considering opening or have opened brick-and-mortar locations, as they have begun…

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Purchasing a Franchise: What Are Your Financing Options?

For individuals seeking the rewards of entrepreneurship but looking for a safer bet when launching into the business space, purchasing a franchise is a great route to go. Some even refer to franchises as a paint-by-number business. You get the proven game plan from the franchisor and then implement their rock-solid system. This route is…

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