Small Business Resources & Products Archives - Page 81 of 147

Is Having Your Job Misclassified as Exempt a Big Deal?

Your employer might see you as being an exempt employee in California under the Fair Labor Standards Act (FLSA) when you’re actually not. This type of misclassification is a violation of the FLSA, and can lead to a lawsuit. But you might be wondering if taking legal action would be worth it. Would the payoff […]

Why Organizing Your Company With Position Management Can Save You An HR Headache

Every company struggles to figure out which system is best for their HR department when it comes to payroll. However, if you’re a company that has a complex line-up of workers (such as employees who shift back and forth between various department or part-time employees who, when combined, will equal one full-time position) then sorting […]

Prioritizing Client Comfort In Your Business Dealings

It’s easy to get caught in a trap where you prioritize the product or service that your business sells. In all of your preparation to create profit for yourself, branding in this manner tends to take over. But what you can’t forget is that on the other side of a sales funnel are people. And […]

Compensation, Taxes, And Benefits: What Should You Discuss With Employees

One way to avoid employee and employer conflicts is by educating employees about their compensation, benefits, and taxes. Employers must provide basic and fringe benefits to stay competitive and retain more employees. Proper expectations must be set to avoid facing legal issues later on. Take the time to discuss the different benefits, compensation, and taxes […]

The Basics of Buying a Franchise Business

In 2018, there were nearly 760 thousand franchise establishments in the United States, and that goes to show how successful this business model is. If franchising weren’t so lucrative, then franchises wouldn’t be nearly as popular as they currently are. Buying a franchise is a great way to start a successful business while avoiding the […]

Average Cost of Flood Insurance for Your Business

Would you be surprised to learn that the number one natural disaster in the United States is flooding? Every state in the union has had some type of flooding in the past 5 years. Do you know your business’s risk of flooding based on its location? If not, it’s a good idea to find out and […]

4 Ways to Cut Operational Costs

Good money management is crucial if you have your own business – especially if it’s a quite new one. Studies have shown that many small businesses have failed soon after launching due to bad money management – for example buying more inventory than they need or choosing the wrong suppliers. The truth is that if […]

Credit Scores 101, The Must-Know Basics of Your Credit Score

As you probably already know, if you have credit in Canada, you also have a credit score. You’re also likely aware that your credit score helps to decide if you’re eligible for other credit accounts like mortgages, car loans or lines of credit (and how much interest you’ll pay on them). What you may not […]

Types of Business Laws

Every aspect of American society is governed by laws. From our personal interactions to our behaviour on the road, there are always rules and regulations that we need to follow according to the law. Businesses are no different because there are laws that they need to follow as well. It does not matter what that […]

Staying safe at work

When you’re doing your job, you expect to avoid injury and accidents, but sometimes it requires some conscious effort to stay safe at work. Occasionally something might happen, through someone else’s negligence, that means someone else gets hurt while doing their daily tasks. If you find yourself injured as part of an accident at work, […]

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