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Strategic Partnerships for Small Business
One of the biggest strengths that small and medium-sized businesses have over their larger corporate competitors is the ability to engage with the local community in truly authentic and personalized ways. This is commonly exemplified quite clearly through the relationships you build with customers and clients. However, an alternative opportunity for community engagement — both incredibly powerful and frequently overlooked — exists in the form of other local organizations.... -
Employee Reimbursement 101 – Minimizing taxable expenses and staying compliant with laws and regulations.
Keeping clients happy, vendors paid, and operations running smoothly is a tall task for any business — especially smaller organizations. For convenience’s’ sake, many employers find that allowing employees to pay certain expenses from their own pockets and reimbursing them later is a virtual necessity. However, business owners should be aware that this common practice does entail a bit of responsibility. Broadly speaking, there are three different ways of... -
5 Onboarding Tips For New Employees
Adding new members to your staff can be an opportunity for increased productivity, teamwork and growth — or it can lead to disruption, discord, and wasted payroll. Smart onboarding policies are oftentimes crucial to determining which of these two paths your organization will take. And this is why you should consider implementing these simple onboarding tips and tricks: Announce your decision! Announcing and introducing your new hire — in-person,... -
Five Habits That Drive Success
Looking to attain more success as an individual and as a leader? Here are a few habits that most successful people tend to cultivate. Goal setting. Simply making an effort to establish goals for yourself and for any teams that you lead can help make you a lot more successful in life. There are many different types of goals that you may wish to set. For example, it is... -
3 Tips for Working Remotely
As a small business owner, there’s no doubt that your presence is a crucial factor influencing the success of your company. Nonetheless, it is also true that you are frequently busy, and from time to time, you may need to get work done from a hotel, from a coffee shop, or (don’t tell anyone!) from the comfort of your living room. When this is the case, it is important... -
6 Tips for an All-Nighter
Running a small business isn’t for the faint of heart — it oftentimes requires enormous personal sacrifice and constant hard work. From time to time, all-nighters may be part of the job description. If you find this to be the case in your line of work, this simple list of tips may be able to help you get through it all with some serious production and a sane head... -
3 Signs Your Employee Needs a Raise
Your employees work hard, but some always harder than others. Those who go above and beyond to make a difference at your company deserve to be rewarded. Raises are a great incentive to keep hard-workers at your company and encourage other employees to realize their full potential as well. Here are 3 signs that you have an employee who needs a raise. You are experiencing high staff turnover Is... -
Techniques for Better Productivity
For most small business owners, the old phrase “so much to do, so little time” rings frustratingly true. With a virtually endless amount of tasks to deal with, it’s easy to feel overwhelmed. Of course, giving in to such feelings is oftentimes the worst thing one can do. Dwelling on feelings of discouragement or frustrating generally leads one to being even less productive, thus furthering a negative cycle. Instead,... -
How To Write an End of Year Performance Review
Although it’s becoming something of a lost art, the end of year performance review still offers numerous benefits, even for today’s modern workforce. First of all, these reviews are a great chance to acknowledge the work that your employees do and make them feel appreciated. Not only is this a nice thing to do, it also offers real concrete benefits for you, the business owner. After all, a happy... -
5 Tips for Business Travel
Some business owners travel regularly in order to meet with potential customers, clients, vendors and investors. For others, travel is a more infrequent obligation. But virtually anyone in charge of running a company will need to hit the road at some point or another, and in these cases, it is important to be prepared. Proper preparation is oftentimes the difference between a trip that is both productive, enjoyable, and...