Deciding to add new resources to your staff is never an easy decision. There are many considerations, unknowns, and moving targets - Is the work really there? Will it continue? Do I need or can I afford a full-time employee? If you’re a business owner, chances are pretty good that you’ve walked this tightrope and it stands to reason that you may have considered hiring 1099’s instead of W2’s. If you’re not sure what a 1099 or W2 is, or you’re just not sure about when or how to use which, this article is for you.
You’ve got the idea. You’ve got the talent. You’ve got the drive. All that’s left is to bring it all together in a cohesive package to begin turning your vision into a reality – enter the “Business Plan.” The business plan guides and compels the entrepreneur to consider the many important questions essential to transforming their business idea into a reality. This article will provide a very high-level breakdown of the most common and essential pieces that make up a business plan.
More and more businesses are turning to social media to reach their target audience. If your business is going to compete in this digital age, social media is a must. Learning how to leverage Facebook, Twitter, Google+, and LinkedIn can be the difference between a customer choosing you, or choosing your competitor! If you’re finding yourself lost in the world of social media, this article is for you!
The Art of Effective Communication has been noted as a critical success factor in far too many endeavors to list. In fact, few things may influence your success more than communication - that is to say, your ability to clearly and succinctly articulate a message to your intended audience. The trouble is, we all believe that we know how to communicate - we’ve been doing it our entire lives. However, if you frequently find yourself party to misunderstandings, disputes, unintended outcomes, or just want to improve your communication skills, this article is for you!
Of all the decisions you'll make when starting a business, one of the most important is selecting the type of business entity you'll form for your company. While Uncle Sam recognizes various legal forms, he also imposes very specific (and different) privileges, restrictions and requirements on each. Choosing the ideal legal structure for your industry, operating model, business and risk tolerance and can protect your assets while potentially yielding thousands in tax savings each year.
As a business owner, you can’t ‘fix’ what you don’t know, you can’t improve what you can’t repeat and you can’t repeat what isn’t defined. The process map provides a bird’s-eye view of a company’s operations, department or a task to provide business owners with true insight. Learn how process maps can improve customer service, decrease errors, reduce wait times and boost the bottom line!
With an abundance of information on the internet, business owners can rapidly find answers to most questions with little difficulty. For a list of helpful resources for business owners, click here.