Blog posts tagged with "Small Business Employees"

Self-employment comes with significant freedom, but there’s also more responsibility required. If you’re a self-employed professional, one of the biggest factors you should consider is how you’ll save for retirement.

Are your employees motivated? Do you find they aren’t performing as efficiently as possible? While you could them offer more money, there are other low-cost ways to keep your employees motivated; you can offer them incentives.

Being your own boss comes with plenty of perks. You can control your hours and set your own schedule. Also, you get to decide how to run your business and who you’d like to work with. In addition, you have the potential to earn an unlimited income.

As a small business owner, you inherently assume responsibility for the well-being of your employees and customers. Regardless of your industry, your business activities will affect those around you.

Unfortunately, many businesses will experience accidents. Some of these accidents may be serious, such as disasters. While no company can account for every scenario, there are steps that business owners can take to ensure that they lower disaster risks and have set plans to overcome them.

If one of your employees quits or is fired, many questions are bound to run through their head. They may ask themselves things like “How will I pay for my expenses?” or “When will I find a new job?” If they relied on you for health insurance, questions about this will also come to their mind. 

If you want your business to succeed, hiring the right people is crucial. Here’s why: hiring the wrong people can cost you time, money, and other resources. With the right employees, you can reduce hiring costs and increase productivity.

As a small business owner, offering health insurance to employees can provide a sense of security for them. It’s a benefit that many employees seek when looking for jobs, and it benefits employers because it can help you retain employees.

Remote work is a growing trend that doesn’t seem to be going away. In fact, the number of people telecommuting in the U.S. increased 159 percent between 2005 and 2017, according to Global Workplace Analytics.

Regardless of your business’s industry, employee wages will likely be among your largest expenses. Plus, if state or federal laws require you to pay your employees for overtime work, that expense can quickly balloon.