Should your Business Offer Free Shipping Through much of the new millennium, shipping costs were just something that consumers had to pay. However, with the introduction of eCommerce websites, that’s changed. Large companies began offering free shipping to customers who bought a certain amount of goods. Over time, this became the norm to the point...
Budgeting Your Business For Employee Salary There are dozens of effective ways to create a realistic business budget for employee salaries. For new companies and especially for very small entities, setting executive salaries can be the toughest job because there are few resources for finding exact comparisons. Labor costs, which can account for as much...
How to hire employees How to hire employees How Much Does it Cost to Hire a New Employee? Before finding the right person for the job, you’ll need to create a plan for paying employees. Follow these steps to set up payroll: Get an Employer Identification Number (EIN) Find out whether you need state or local...
Doing Business With The Goverment If there’s one institution that’s always going to have a place, it’s the federal government. A government contract can be one of the most important business deals you ever take part in. Should this opportunity arise, there are a few things you need to understand. Here are some of the...
Business Resources Required to Stay Competitive As markets experience an unprecedented level of growth and the unemployment rate is lower than ever before, new businesses are established every day. Regardless of the sector in which your business operates, you need to make sure that your business has the resources required to stay competitive in 2019....
Strategic Borrowing for Small Businesses Many small business owners may think that the world strategy is synonymous with multinational and multimillion-dollar corporations. But just like a multinational organization looks at planning for both short-term and long-term growth, a small business should take similar cues and use that practice to outline its own future. Small businesses...
5 Things to Do After You Receive Your Small Business Loan For a small business owner, getting access to new cash can lead to endless possibilities. When a small business loan is received, it will need to be applied in an organized manner, and returns should be used to repay it on time. In this...
Small Business Budgeting Small business budgeting is like painting a picture of the current and future situation of a business. Unless there is workable a budget, a small business or an established entity may not be able to provide a snapshot of their working capital, cash flows, and future earning potential. Before making money, it...
Tools and Resources to Grow Your Business For those business owners who are looking to grow, specific small business tools and resources are crucial to achieving the goal of expanding. Here are four examples of tools and resources to do that. Having the Right Staff Indeed, having the right numbers (staffers in this regard) is...
