Insurance 101: Getting the Coverage You Need


Insurance 101: Getting the Coverage You Need

According to the U.S. Small Business Administration (SBA), “business insurance protects you from the unexpected costs of running a business.” Accidents, natural disasters and lawsuits are all potential problems significant enough to shut down your business if you’re not properly prepared and covered for them. The federal government requires every business with employees to have … Continue reading Insurance 101: Getting the Coverage You Need

What to Do with Excess Cash: 5 Ideas to Ponder


What to Do with Excess Cash: 5 Ideas to Ponder

Too much cash is a great problem to have, but how much is too much and what do you do with it? First, you need to determine how much cash you need to keep your business safely running. The general rule is enough to cover at least two months of overhead. You can also open … Continue reading What to Do with Excess Cash: 5 Ideas to Ponder

SEO Crash Course for Small Businesses


SEO Crash Course for Small Businesses

We’ve all heard the term SEO, which stands for search engine optimization, but what does it mean and how should we be using it? Many small businesses don’t use SEO to their advantage. SEO can determine whether you gain or lose a sale when customers search for your business online before buying. The right online … Continue reading SEO Crash Course for Small Businesses

How to Find the Best Merchant Services Provider for Your Business


How to Find the Best Merchant Services Provider for Your Business

No matter the size or type of your business, you’re probably finding that at least some customers want to pay by credit card. Even if you’ve operated mainly on cash or check payments in the past, you will lose customers if you’re not set up to accept credit cards — and even other forms of … Continue reading How to Find the Best Merchant Services Provider for Your Business

How to Effectively Manage Employee Expenses


How to Effectively Manage Employee Expenses

Employee spending can add up fast and also lead to fraudulent behavior if left unchecked. Managing employee expense reimbursements can be challenging, especially for a small business. As a business owner, you need to know what you’re reimbursing for, while also being fair to employees. Here are four tips to help keep expense costs down … Continue reading How to Effectively Manage Employee Expenses

Three Reasons to Use Your Bank’s Credit Card


Three Reasons to Use Your Bank’s Credit Card

Small businesses don’t always have all the cash they need to get started. While starting a business solely on credit probably isn’t a great idea, supplementing some expenses with credit can be. Many banks offer credit cards created just for small business owners. These types of cards often offer cash back, provide credit under your … Continue reading Three Reasons to Use Your Bank’s Credit Card

How Much Does an Employee Really Cost?


How Much Does an Employee Really Cost?

When you hire an employee, there’s salary or hourly wages to consider, but that’s just the starting point for the true cost of a new hire. How do health insurance, payroll taxes, workers compensation insurance and more factor into the big picture, not to mention various hidden costs like work space and training? Using an … Continue reading How Much Does an Employee Really Cost?

8 Ways to Motivate Employees


8 Ways to Motivate Employees

Lots of us resolve to make major changes in our personal lives and health as a new year begins, but did you know that business owners also believe it’s the best time to boost their employee culture? Now is a great time to introduce and help establish new habits and lasting motivation. As a business … Continue reading 8 Ways to Motivate Employees

Top Three Characteristics of a Successful Business Owner


Top Three Characteristics of a Successful Business Owner

All business owners want to be successful, but the statistics are high for failure in the first five years. Not understanding customers, differentiating the business in the marketplace or leveraging future growth are some of the top reasons businesses fail. So, what makes business owners successful? It takes a lot of time, effort and planning … Continue reading Top Three Characteristics of a Successful Business Owner

Buying vs. Starting a Business


So, you want to be a business owner? Owning your own business comes with a lot of perks — and could be something you can pass on to future generations — but it’s also a big responsibility. As many current business owners reach retirement age, the option to purchase an existing business is becoming more and more attractive. Rather than reinventing the wheel, you would be getting a built-in customer base, cash flow and location. But if you’d rather start fresh, there are some things you should know.

So, you want to be a business owner? Owning your own business comes with a lot of perks — and could be something you can pass on to future generations — but it’s also a big responsibility. As many current business owners reach retirement age, the option to purchase an existing business is becoming more … Continue reading Buying vs. Starting a Business