- Money Matters
- Motherhood Inc.
- Retail Details
- Tools and Tech Tips
This post is brought to you by GoDaddy Online Bookkeeping (formerly...
Gallup survey released in 2013 revealed that absenteeism due to chronic medical conditions costs U.S. businesses a whopping $84 billion each year. That comes out to about $617 per employee, which is more than a week’s salary in many cases. And, that doesn’t count a plethora of other reasons including car problems, family issues and good, old-fashioned playing hooky!
Imagine owning a popular restaurant. A disgruntled former employee says your staff regularly drops food on the ground and still serves it to customers. Only he doesn’t just say this to his family – he tells everyone about it on Twitter and Yelp. His messages go viral and other customers start asking questions. How would you deal with this situation?
Valentine’s Day is for lovers. Starting and running your own business is a bit like starting a love affair. You can fall into love at first inspiration. You spend long hours contemplating your future together. And sometimes it ends in tears.
Health and life insurance are often considered a substantial benefit provided for employees at large firms. All of the potential headaches and confusing decisions are decided for these lucky individuals, and with the collective bargaining power of strong companies the benefit packages are often more comprehensive than most individuals are able to receive.
For those who are self-employed, the high cost of insurance is often seen as prohibitively expensive, despite the increased need for coverage in this situation.Although you as a self-employed individual may be loath to wade into the intimidating world of life insurance choices, it is vital to the safety of your family that you research your options.
Between keeping up with finances, maintaining a loyal staff, and maintaining a competitive edge in the marketplace, small businesses have a lot to contend with. With more attention on supporting local goods and services, small businesses must also stick to a higher standard than ever before. Consumers love their small businesses and want to see them thrive in an ever changing world. The same goes for ecommerce and small businesses that decided to take their business online as well. Selling your goods and services online expands your little local business to a national or perhaps even a global scale, making it easier for you to sell to those who would never be able to visit your business. Unfortunately, the Marketplace Fairness Act may make things more difficult for the small business owner if and when this bill is passed by Congress.
Chances are that you started your business as a sole proprietorship. You chose a name, secured the appropriate licenses and permits, purchased or rented a location and supplies and advertised its existence. Voila, you were in business. Piece of cake, right?
Unfortunately, however, this isn’t always the best route to take in the long run. Sole proprietors expose themselves to numerous risks, the most serious being personal liability for company debts. That’s why many opt to form a limited liability company (LLC) either in the beginning or as time goes on.
Imagine what would happen to your business if a disaster occurs. Would your employees be able to get to work? Would you have enough equipment to remain in operation? Could a single event ruin all of your hard work and investment?
Whether your small business is located on a fault-line or in the safest location on Earth, a business continuity plan can help keep it afloat if a disaster strikes.
This post is brought to you by GoDaddy Online Bookkeeping (formerly...
I have a few goals for my business. I’d like to give my sole employee the raise he so deserves. I’d like to take a week completely off from work. I’d like to save up an emergency fund and feel somewhat safe in case I met with a catastrophe and lost all my income. Hell, I’d even like to think that one day, I might put down my cane, wiggles out of my orthopedic shoes, and retire.
A business owner should strive to cut costs and increase his or her profits in the process. Of course, while this is prudent, a serious entrepreneur must understand that it is not smart to cut costs in some areas as it will cause serious problems in the long run. With that being said, there are three things that a business owner should not cut costs on.
I am not a budgeter. I admit that I’ve made plenty of budgets in Excel or online budgeting tools, patted myself on the back for my self-awareness and good citizenship, and then proceeded to ignore them as I went on my merry way eating dinners out, racking up bar tabs, or heading out of town at a moment’s notice.
The promise of a new year can bring out the greatest fantasies of a work-at-home-parent. That magic moment when the ball drops (in a good way) and all of the struggles of the prior year seem to erase in a champagne toast. Once the big moment is over, we kiss and hug and say good bye to our friends and family, ready to take on the New Year with a vengeance. Supported by the well-wishes of our loved ones, maybe the excitement of the end of the holiday season and that champagne toast, we are ready to rule the world once again!
Then we remember. . . we have kids.
I like to think that one of the biggest concerns a WAHP has is the extended “quality time” breaks we encounter when our kids are out of school. I may think about it too much, mostly because each year that I think I have it down, my kids are each a year older and everything changes. I had the best of intentions to write about my “Internet Diet” of late, but, there is no amount of focus I can give that topic while hiding in a closet, actually writing this blog on (gasp!) paper.
A dedicated workspace is one of the most important aspects of working from home. A place, preferably with a desk, where the work-at-home-parent can settle in for a few hours of work each day (and many, many more each night) is the ideal arrangement for success.
That’s what the experts say, at least. Experts are never wrong, right?
I need to start this out by saying I am not a tax professional. I say that, not to indemnify myself from legal troubles (that’s something I heard I should do, though), but because I have to remind myself that I am not a tax professional. I just really get carried away with forms, and tax season brings out my seventh-grade math award-winning super geek self.
“Its tax season!” I shout. “Hooray for taxes!” I gloat. The challenge of itemizing deductions makes my mouth water. Learning just how much I’ve made, while working from home, gives me a little tingle. Nothing says success like showing a profit. That bottom line number screams validation. I AM JUST EXCITED.
For most retail businesses, this is the busiest time of the year—shoppers are hunting down holiday gifts and prepping for parties—and that often means the things the store is usually on top of may fall through the cracks.
That’s unfortunate, since staying on top of the details may be the difference between converting new shoppers into regular customers and losing all that extra foot traffic.
So consider this your December reminder to stay on top of the little things.
It seems almost every politician has said, at one time or another, that America was built on the backs of small business. Many of the founding fathers were small business owners and Forbes recently wrote a piece titled, “Small Businesses = Big Impact.”
But what kind of impact are we talking about?
Retailers today often overlook one of the best tools they have available to them when it comes to choosing new products and restocking old ones: data from their customer loyalty programs.
Most retailers these days offer customer loyalty programs. And while the key idea behind a loyalty program is right there in the name—to increase customer loyalty, better known as repeat purchases—there’s a lot of ambiguity as to whether these programs work as intended.
The school year is back in session and the fourth quarter is about to begin. For many retailers this is the most important time of the year. Some stores see almost half of their business in these last 3 months of the year—making it essential that everything goes right.
Two years ago you had an amazing idea for a Web store. You knew the products would fly off your proverbial shelves and you had the audience to really succeed. But you ran into a roadblock straight out of the cyber gate — your preferred .com domain name wasn’t available. Bummer.
And that’s when all the trouble started.
When you work for clients, availability is everything. The same is true when you have a family. You need to be accessible to clients and kids, no matter what else is happening.
admit it. For a good while, I was addicted to Facebook. Checking my app before bedtime, perusing statuses shortly after my alarm clock woke me—it was an addiction. One that I was hesitant to break.
Not only do I have a personal page, but I have a page for my business as well as management responsibilities for client pages. In my life, there really is no getting around Facebook.
In the 1950’s, Dr. Donald O. Clifton noticed a major problem in his field. Psychology was based almost entirely on the study of what is wrong with people, rather than what is right with people. Working with The Gallup Organization, Clifton took a look at the talents of highly successful people from all walks of life to develop the StrengthsFinder® assessment.