Business cycles are a fact of life for most industries. When business is soft, whether due to macroeconomic factors, seasonal slowdowns or sector-specific trends, it is tempting to hunker down. However, smart professionals look for opportunities to set themselves up for future success.
How To Smooth Out The Business Cycle Read More »
Employers cannot evade responsibility for deducting employment taxes from wages by simply declaring workers as contract labor. Only independent contractors qualify for exemption from tax withholding by employers.
Employment Taxes-What You Need to Know Read More »
In building a successful business, you achieved one exciting goal after another, but operating efficiently after achieving your goals is just as challenging. While financial management may seem mundane compared to the thrill of those early startup days, the steps required to maintain profitability demand the same care and dedication as you needed then.
You Built a Successful Business-Now What? Read More »
The customers you have today are an opportunity to set aside profit for potential slowdowns in the future. This requires a focus on spending. By reducing costs, you keep more of your revenue as profit.
Tips for Trimming Your Business Expenses Read More »
Knowing your sales tax obligations is an important part of running any type of business. But the myriad taxes can be confusing to even the most astute professional.
Key Things Every Business Must Know About Sales Tax Read More »
When people complain about your product, service or organization, they are telling you that their needs haven’t been met. If you listen carefully to what they say, their complaints may alert you to a real or potential problem, suggest a better way of handling things, or help you improve your business.
How to Turn Complainers into Raving Fans Read More »
How to Get the Most out of Your Employees Managers need to set clear standards for themselves and others. It’s also important that they walk the walk. Management and leadership are two different animals. Leaders are imaginative, passionate risk takers. They are visionaries who can inspire people and stir emotions. Their main focus is
How to Get the Most out of Your Employees Read More »
A unique selling proposition is a simple, concise statement of how you are different from your peers and how this benefits customers.
How to Be Your Customers’ No. 1 Choice Read More »
Like elite athletes, successful entrepreneurs are always up for challenges. It doesn’t matter what economic situations they face, elite entrepreneurs are constantly finding ways to improve. Great managers achieve steady success regardless of occasional setbacks.
4 Financial Ideas to Rejuvenate Your Business Read More »
Small-business owners understand the expression that you have to spend money to make money. But that doesn’t mean you should spend unwisely.
5 Cost-cutting Ideas for Small Businesses Read More »
