Purchasing health-care coverage can be overwhelming. Here are some practical tips and advice on available resources to help you get started. Start with the fundamentals—know what works best for you....
Sometimes even the best business concepts don't come to fruition due to lack of funding. Lending sources may refuse funding for multiple reasons. For example, you could have a strong...
As a small-business owner, you need to make sure you are always following the laws that affect your industry. In addition to observing the mountain of federal and state laws...
It all starts when someone enters your business and hands you a sealed envelope stating, "You are served." Unfortunately, lawsuits are a part of doing business. Don't panic—here are several...
When starting a new business, the entrepreneur's excitement and energy are often aimed at grand and lofty goals. Often the siren of starting a new company is the potential riches...
Families often put off business decisions such as leadership succession and sale or transfer of ownership. Even when decisions are made, implementation is often slow. But the costs of indecision...
Though many formulas and tools can help you determine the selling price for your small business, there is no magic bullet that will come up with the absolute correct price...
Creating a productive and collaborative workplace is not easy, but as a small-business owner, building such an environment starts with you. Here are some tips: 1. Make sure everyone on...
A solid financial plan should always be included within any business plan. Plans for financing the business today and allowing for future growth should be outlined in addition to ongoing...
Perhaps nowhere is the concept of team more apparent and critical than within a small business. After all, a team is a group of individuals collaborating to achieve their common...
Before writing the competitive analysis, first identify both direct and indirect competitors. You can locate listings of local businesses, search the Internet for online competition, and seek out mail-order businesses...
No matter how well a project, task, or assignment is done, it is always a good idea to take some time once the dust settles, gather employees together, and conduct...
Decisions are at the heart of all organizations, and decisions are made by everyone at all levels. Some of these decisions are routine and inconsequential, while others can have a...
Even though the Web is still a very young medium, the law is fairly clear: Your business is liable for the products it sells online—just as it would be if...
An important aspect of creating and maintaining a healthy work organization—one whose culture, climate, and organizational practices create an environment which promotes employees' mental and physical health as well as...
You've put a lot of time and effort into your business plan. What happens when it's done? Think of your business plan as a living document and refer to it...
You've figured out how to drive potential customers to your site…now what? Keeping visitors at your site requires that you write compelling content that your customers can easily access. Engaging...
You've built your Web site chock-full of useful information and graphics, and now are patiently waiting for prospective customers to find you. That wait may be longer than you had...
A limited liability partnership (LLP) is similar to a general partnership, except the partners are not personally liable for negligent acts conducted by other partners or employees not under their...
Security is a huge concern for businesses of any size. The biggest issue business owners come to me with is reliability. Everybody wants a security solution that allows them to...
Want to improve the way you run your business? Entrepreneurs, academics, and consultants from diverse industries offer practical advice on a variety of topics each business day.
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