Small Business Resources & Products Archives - Page 107 of 147

5 Useful Tips to Help You Create an Effective Business Recovery Plan

After disaster strikes, approximately 24% of small businesses never reopen their doors. Even with this in mind, a shocking 74% of businesses still don’t have a disaster recovery plan in place. If you want to ensure your business isn’t added to these statistics, then don’t stop reading now. Here, you can learn what you need […]

How to Prevent Business Debts Leading to Insolvency

One of the risks of running a business is the possibility of getting into financial trouble. You could find yourself in a situation where money is going out faster than it’s coming in and you’re unable to pay your bills on time. Debts, in particular, can lead to insolvency as interest payments mount and due […]

What’s The Role Of Organisational Psychology In The Workplace?

Organisational psychology is often ignored when it is time to focus on optimising the business and its employees. Certain psychological elements need to be kept in mind as a management team. If these details aren’t kept in mind, it becomes easy for everything to fall apart and for your business to struggle over the long-term. […]

5 Vital Legal Tips for Future Small Business Owners

When starting your own business, there are plenty of exciting steps that make you feel like your dream becoming reality is closer than you think. Even though coming up with the budget may be draining, it’s exciting to see your plans being laid out. Coming up with the ideal marketing strategy is tough, but visualizing […]

Borrowing 101: What Is a Promissory Note?

Whether you’re looking to get your business off the ground or you’re seeking funding to expand, you’ll likely need to borrow money at some point. But before you can get your money, you’ll need to sign what’s known as a promissory note. Keep reading to learn more about the basics of a promissory note, how […]

Ways To Make Sense of Your Data Using Excel Charts

So, it’s happening – your business is up and running, and sales are really taking off. The problem is, with the many transactions that happen daily, it’s hard to keep track of the numbers. Don’t sweat it, though; you have Microsoft Excel charts to do the job for you. There are important ways Excel is […]

Tips to Increase Productivity at Your Plumbing Business

Showing up to work late, time-wasting and procrastination are all factors that can greatly affect an employee’s productivity. The plumbing business or industry is time-conscious and the last thing you want is having a culture of time-wasting and inefficient time management. Sometimes, clients will look for you during emergencies and odd hours and, as the […]

Hiring Staff Employees Vs Independent Contractors: Which Is Better For your Business?

When it comes to hiring workers, a frequent crossroad that greets business owners is whether to choose standard employees or independent sub-contractors. When asked the age-old question of which is the better option, there is no real concrete answer. It comes down to what is more cost-effective relative to the business and the work being […]

Innovative Software To Streamline Employee Tracking

Managing a team of employees can be tricky, especially when taking into account that traditional paper timesheets are so easily misplaced. What’s more, your employees are bound to make a few mistakes when filling in paper sheets and these entry errors can be detrimental to your budget restrictions, employee payroll, and project deadlines. In addition […]

Why Is Small Business Financial Planning Essential?

Every year, anywhere from 7 to 9% of American businesses shut down for good for a number of different reasons. According to the U.S. Small Business Administration, approximately 25% of them close as a result of cash flow problems. Keeping a close eye on your business income and expenses is important if you’re a small business owner. […]

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