Operations (287)
Preparation Key to Avoiding Failure
- Wednesday, 06 April 2016
- Operations
- Written by Editor
According to CNBC, small businesses have a high rate of failure, but that can be avoided by preparing prior to opening your business. First, it is important to work with an accountant to make sure there are no nasty surprises come tax time. Other steps include having liquidity, and a funding source in place.
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Reducing Employee Theft
- Wednesday, 30 March 2016
- Operations
- Written by Michele Johnson and Lorraine Kennedy
Not everyone is dishonest, most folks are far from it, but some people do steal, and no business owner has the time to monitor everything all the time. If, however, your employees know that you could monitor any area of the business, and if they perceive that you are keeping an eye on them and that they could be caught at any time, they less likely to try something. Sometimes doing just enough to give the impression you are watching everything is all that is needed.Read more...
How to choose the right legal entity for your business
- Wednesday, 16 March 2016
- Operations
- Written by Tami Kamin Meyer
Whether your business endeavor is in its infancy or it’s been around for a while, attorney Josh Hollingsworth says it’s wise to know which legal entity is right for your company. According to Hollingsworth, a partner with the Indianapolis office of Barnes & Thornburg, while there are numerous benefits to formalizing one’s business endeavor, incorporating is not imperative for everyone. However, he says, it is wise for most.
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5 Ways to Deal with Startup Setbacks
- Wednesday, 02 March 2016
- Operations
- Written by Donald Cyprian,
As you build your startup you are bound to experience peaks and valleys, as every small business does. What separates successful businesses from those less likely to succeed is their ability to overcome adversity, and learn from their mistakes in order to reach the top of the mountain.
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Your business needs an operating plan. Now.
- Wednesday, 02 March 2016
- Operations
- Written by Tami Kamin Meyer
According to Steve Smith, President and Founder of GrowthSource Coaching, a California company that educates business owners and other professionals about improving their companies, an operating plan is a “day to day map how to run a business.” An operating plan details the guidelines of how a company owner manages the day-to-day minutiae of running their enterprise.
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Tips to get your business’s shipping into tip-top shape
- Thursday, 21 January 2016
- Operations
- Written by Tami Kamin Meyer
There’s more to choosing a shipping option for your business’s precious cargo than merely going with the least expensive option, says Tarik Yousef, founder and proprietor of T.Y. Fine Furniture in Columbus, Ohio. “When you choose a shipper, you want to choose someone who will represent you well,” says Yousef, whose company sells custom-made wooden furniture such as headboards and tables as well as organic mattresses and sofas.
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National Chamber Of Commerce Details State Of The U.S. Economy
- Wednesday, 21 October 2015
- Operations
- Written by Tami Kamin Meyer
There is a recipe for technology-based economic development and state governments must delve into how to intermingle those characteristics for businesses to succeed, according to Mark Schill, co-author of the National Chamber of Commerce Foundation's Economic study titled Enterprising States: States Innovate, released Oct. 20.
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Careful Planning Imperative For Business Success
- Wednesday, 30 September 2015
- Operations
- Written by Tami Kamin Meyer
The well-worn cliché “look before you leap,” is appropriate when it comes to starting a new business, says Jay Wurtzler, executive vice president of Capital Growth, Inc., a private investment firm in San Diego. “Get back to basics,” Wurtzler urges would-be entrepreneurs.
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Business Executives’ Optimism about U.S. Economy Drops for Second Straight Quarter
- Thursday, 10 September 2015
- Operations
- Written by Scott Koegler
The percentage of business executives who are optimistic about the U.S. economy going forward dipped below 50 percent for the first time since early 2014, according to the third quarter AICPA Economic Outlook Survey, which polls chief executive officers, chief financial officers, controllers and other certified public accountants in U.S. companies who hold executive and senior management accounting roles. Hiring plans also continued to soften from late last year.
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What’s in a name?
- Wednesday, 02 September 2015
- Operations
- Written by Tami Kamin Meyer
According to an article in About.com, the name a company owner chooses for their business is of paramount importance. Not only will the entity’s name be a primary source of identifying it, branding materials designed to increase the company’s exposure will aim to remind consumers of your business, whether by name or at least by product.
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