I once had a boss tell me that I should learn to pat myself on the back. Aside from the physical limitations involved in that, this was said during a conversation about my performance, where he mentioned in passing that I had exceeded expectations. He explained that he didn’t see the need to offer any
As if starting a small business wasn’t stressful enough, the Bureau of Labor Statistics’ Business Employment Dynamics has found that around 50% of businesses with employees will survive their fifth year in business. That number drops to just 30% by their 10th year. Yikes. That doesn’t bode well for the success of your small business.
The best way to ensure that you don’t get a bigger bill than necessary come income tax time is to double-check you are getting every deduction possible. There are multiple small business tax deductions available to sole-proprietorships and other small business organizations, such as LLCs. Keep in mind that while the list below contains some
The press release has long been an invaluable resource for businesses of all sizes: a simple yet effective way of getting the word out about a major acquisition, change in staffing, new product, forthcoming event or indeed any other piece of news the company deems to be worthy of promotion. As with other communiqués, however,
In today’s tight labor market, finding and retaining key employees is a top concern for many companies. A good benefits package can help with recruiting and encourage your critical executives to stay on board. Offering a 401(k) plan, robust health insurance, employee stock ownership plans, and life insurance options is crucial to creating a competitive
Inbound marketing is something that most small business owners have heard of but few have implemented. But for those who do take the plunge, many are experiencing a more cost-effective and successful form of marketing. Unlike traditional outbound marketing where you push yourself on potential customers, inbound marketing is better aligned with today’s buyers who