May 30, 2017
Retirement plans are a valuable tool when it comes to attracting and retaining the top employees your business needs to compete. While these plans help employees save for retirement, they offer benefits to the employer as well. In addition, most plans are easy to establish and maintain.
If you were to institute an employer-sponsored retirement plan, you could experience the...
May 22, 2017
As a small business owner there will come a time when you consider borrowing money from a bank or another lending institution. Despite what you may have heard, lenders are not eager to lend to small businesses. To be successful with your request, you need to know what a bank wants and how you should approach them.
You must present yourself as trustworthy and dependable, while also...
May 15, 2017
How well is your business doing? What do you measure to determine this? What do you do with the information? Key performance Indicators (KPIs) are the statistics you track to determine how your business is doing.
If you’ve been running your business for a long time, you have developed your own KPIs, even if on an informal basis. Yet, there is merit to formalizing your KPIs and...
May 10, 2017
As an owner of a business, it is vitally important that you have the financial information you need to run your business effectively. You will also need financial information to provide to outsiders such as the bank and taxing authorities.
The necessity for good, well-organized financial records cannot be over-emphasized.
One of the mistakes made by some...
May 2, 2017
Have you heard the analogy comparing a company to an elephant? If not, you haven’t read Proper Coffee and Other Ways to Grow Your Business by Hugh Williams and Kevan Kennedy. In the book, the authors compare owning an elephant to owning a business through a series of four...
Retirement plans are a valuable tool when it comes to attracting and retaining the top employees your business needs to compete. While these plans help employees save for retirement, they offer benefits to the employer as well. In addition, most plans are easy to establish and maintain.
If you were to institute an employer-sponsored retirement plan, you could experience the...
As a small business owner there will come a time when you consider borrowing money from a bank or another lending institution. Despite what you may have heard, lenders are not eager to lend to small businesses. To be successful with your request, you need to know what a bank wants and how you should approach them.
You must present yourself as trustworthy and dependable, while also...
How well is your business doing? What do you measure to determine this? What do you do with the information? Key performance Indicators (KPIs) are the statistics you track to determine how your business is doing.
If you’ve been running your business for a long time, you have developed your own KPIs, even if on an informal basis. Yet, there is merit to formalizing your KPIs and...
