Besides the myriad of problems that a small business owner faces, the most severe issue is lack of capital and limited avenues to raise capital from external sources. Being a small business owner, it is…
Rarely is there the individual who does not encounter an ethical or moral dilemma at some point in his or her business life. Whether that individual is the owner of a multinational corporation, a small…
Over the last decade, pre-employment background checks have become a standard risk-management tool for U.S. employers both large and small. Fear of negligent hiring lawsuits, the need to comply with state and federal mandates, and…
A bad review in a newspaper can be devastating enough for small businesses and restaurants, but if you add online reviews, a review anyone can place to the mix you nearly triple the damage caused…
Communication is an essential resource in any business as it determines the outcome of the business. If you need your business to have smooth communication channels, then you better choose the right IT and phone…
Accounting is the process of recording, verifying, and reporting all daily transaction of the organization. This is containing all the debit and credit entries of the ledger and employees and all financial transactions. From this,…
For most small businesses, human resource management often ranks low in priority as compared to other aspects of operation such as finance, production, fund procurement distribution and marketing, which take precedence. However, personnel management is…
When you run a small business time is a precious commodity that you will find is in short supply. Prioritising where and when you spend your time can make the difference between success and failure,…
Like it or not, efficient small business accounting only happens when it is done by a professional. This may seem very one-sided – leaning towards the side of accounting firms – but this statement is…
How to survive tough economic times without laying off employees. As a business owner or manager, during the last 18 months you have been faced with shrinking profit margins and fewer customers lining up to…