Think your business is too small to justify paying for professional legal help? Think again. Failing to dot your i’s and cross your t’s in important matters can expose you to significant risk, and the most cost-effective time to consult an attorney is often before your business is booming. The Intuit Small Business Blog asked [...]
On March 31, 2014, the Affordable Care Act will make health insurance mandatory for most Americans. Most employees will be required by law to have health coverage or pay a tax penalty that will continue to increase annually: In 2014, the penalty will be $95 per adult and $47.50 per child (up to $285 per [...]
What does "business culture" mean? How does it contribute to the success of your small business? Business culture describes the workplace environment that you create for your employees (and yourself). It determines whether those employees are motivated or apathetic, productive or lazy, and committed or indifferent to outstanding customer service. It’s directly related to the company’s bottom line. [...]
American author Jane Wagner once wrote, “Reality is the leading cause of stress amongst those in touch with it.” Although Wagner — who pens jokes for her partner, comedian Lily Tomlin — meant to be humorous, the truth is that workplace stress wreaks havoc on the lives of many business owners and their employees. A [...]
How much time do you think you spend reading and answering emails? A 2012 report from the McKinsey Global Institute shows that 28 percent of the average workweek is spent on the task. If you work a standard 40-hour week, that’s nearly 600 hours a year. Sure, some of those emails may directly produce revenue. But most [...]
The holidays aren’t merry for everyone: The weeks between Thanksgiving and New Year’s Eve create anxiety and depression for some people, including entrepreneurs. After all, it’s the end of the year, a time when many small-business owners are pushing hard to meet their goals for 2013. Retailers tend to count on holiday shopping revenue to [...]
Business process documentation makes it easier to maintain standards, train new hires, adhere to external rules and regulations, and more.
The Obama administration last week announced a one-year delay for some small businesses planning to buy health insurance coverage online for their employees. In the meantime, instead of applying for policies via the problem-plagued government website, Healthcare.gov, small businesses and their employees are being encouraged to sign up through insurers, agents, or brokers. According to The New [...]