Category: Small Business Resources
What is ERP? Does It Have a Place In Small Business?
The internet has really opened up things for small businesses all across the globe. Because of the proliferation of the cloud, smaller enterprises can compete with the bigwigs and tap into markets that only were previously available to larger companies with more locations. This new era of competition has made running a small business increasingly difficult, and many of them have outgrown QuickBooks and other simple accounting software. A new wave of online commerce isRead More
What Small Businesses Get Wrong About Maternity Leave
where female workers aren’t guaranteed at least some time off to care for newborn children, while only 5 percent of U.S. companies offer fully paid maternity leave. Women employed by small businesses in the U.S. have it even worse. The Family Medical Leave Act provides workers 12 weeks of unpaid leave but exempts companies with fewer than 50 workers from complying. That means tens of millions of workers aren’t guaranteed time off after the birthRead More
Small Business Owners and the Economists
Hugging a small business owner, like kissing a baby, is a time-honored way for politicians to broadcast their populist spirit. Supporting programs for Main Street has been a favorite salve for Wall Street bankers seeking to repair reputations wrecked during the financial crisis. Everyone, including 95 percent of the U.S. population, likes small business. Except, perhaps, economists. In recent years, a growing chorus has argued that small business owners are not the job creators they’reRead More
Guideline: Hiring Your First Employee for Your Small Business
Whether you’re the founder of a new startup or a small business owner that simply has to grow to keep up with demand, hiring your first employee is a big step. Ideally, you don’t want to let excitement and a sense of urgency cause you to rush ahead without planning, because a wrong step can lead to a terribly expensive mistake. Of course, we live in the real world, and sometimes life and circumstances simplyRead More
Helping Small Business: Three Tips for Becoming a Female CEO
I’m heartened to see female CEOs in all sorts of organizations — political, business and not-for-profit — but women still represent a tiny minority of CEOs worldwide. Just 5 percent of Fortune 500 CEO positions and 5.3 percent of Fortune 1000 positions are held by women. Those numbers have to change. I say that not simply because women deserve more representation in business, but because companies need to reflect the make-up of their consumer base,Read More
How to Write a Business Plan
Planning for Success You’ve no doubt heard the expression, “Failing to plan is planning to fail.” Many entrepreneurs write a business plan only when they need to secure start-up financing. However, your plan is far more than a document for banks and investors to read; it’s an invaluable roadmap for launching and growing your business. In order to put your business concept on paper, you need to think through and research the many factors thatRead More