Nobody wants to be the bearer of bad news, but sometimes you have to do what you have to do. Let’s face it, times are less than stellar for many entrepreneurs: August was the fourth consecutive month of negative job growth for small businesses, according to the National Federation of Independent Business. Should a crisis [...]
U.S. small business employment saw a slight increase of 0.01 percent in September – growth so small that it is almost flat. Hours worked, compensation, and overall small business revenues dropped. “Small businesses employ about 20 million people. In this context, the slight increase of 0.01 percent, or approximately 1,000 jobs, is almost no change [...]
As a small-business owner, you may require the specialized know-how of technical, creative, or subject-matter experts – either as full-time employees, part-timers, or consultants – from time to time. Although these professionals know way more about their specialty than you ever will, you still need to oversee their work. After all, you want to keep them [...]
As a small-business owner, you understand the importance of finding and retaining qualified employees. The kind of people you hire can, quite literally, make or break your business. The ideal employee, therefore, is much more than someone who simply shows up on time, follows directions, and exhibits desirable character traits: He or she is also [...]
Let’s face it, we all make bad decisions from time to time. This is especially true of small-business owners, who are often required to learn on the fly and make split-second decisions. Who isn’t going to make a few errors in judgment in those situations? It’s human nature. However, you can help yourself make smarter [...]
Want the telephony capabilities of a giant corporation for a fraction of the price? Consider installing a virtual phone system. A virtual phone system delivers traditional business features (such as handling multiple calls from different lines in varying ways) without requiring any additional hardware. You can even operate the system, which connects calls via internet, [...]
Your small business may benefit from having employees bring their own devices to work. Learn how the BYOD trend can save your business money.
Are you a micromanager? Sometimes the first step toward changing unwanted behavior is admitting there’s a problem. As a small-business owner, do you regularly: Assign a project to an employee, then take it back because he or she isn’t “doing it right”? Find yourself consistently missing deadlines, because everything isn’t “perfect”? Rarely listen to suggestions [...]