Blog posts tagged with "Small Business Employees"

If you run a business in a geographic area that experiences harsh winters, preparation is crucial. Last year, winter storms battered the east coast from Florida to Massachusetts well into April, causing billions of dollars in damage while hurting the bottom lines of businesses.

The National Retail Federation estimates that consumers will spend as much as $720.89 billion in November and December 2018, which is a  4.8 percent increase over 2017. For some businesses, the holiday season represents 30 percent of their annual revenue, so to meet this customer demand, they’ll need to hire seasonal employees.

As a construction business owner, you know that having enough employees can make or break your operations. Further, it’s crucial that the people that you hire have previous construction experience, comply with safety laws, and are hard-working. Due to this, you should ensure that you’re utilizing hiring tactics that enable you to connect with the best candidates. After all, your employees are a reflection of your business!

As a small business owner, you and your employees know just how important payroll is. While many people see payroll as just a way to pay your employees — and it certainly is that — it’s a lot of other things as well. Along with paying your employees and yourself, good payroll software should also manage tax withholdings, handle reporting requirements, remit and file taxes to the appropriate agency, track PTO, offer direct deposits, and provide you with the resources you need when issues arise. In addition, it should help you stay compliant with state and federal labor laws.

Your sales team is a critical component of your company. Without a motivated team, you won’t be able to make money and grow your business. In fact, they’re so critical that U.S. companies spend $800 billion each year on sales force compensation, which is three times more than they spend on advertising. Therefore, if you’re going to make a large investment in your sales team, it’s important to keep them motivated.

If you own a lucrative manufacturing business, chances are you’re looking to hire new people to meet customer demand. In fact, the manufacturing industry is experiencing growth that hasn’t been seen in decades, and employers are finding it hard to fill all of their open position. Plus, with the baby boomer generation beginning to hit retirement age, competition for skilled workers will only get fiercer. As a business owner, you must stay ahead of your peers when searching for talent, which is why you should know the best ways to attract quality candidates.

When you own a small business, every employee you hire directly impacts the success of your organization. Not only is it important to attract talented workers, you need a way to keep them loyal and engaged. End-of-year raises are a great opportunity to show your team that you appreciate their performance and dedication. And, if you communicate expectations well, you can use a potential pay increase to motivate your employees to work harder in the year ahead.

A quick online search for payroll technology providers will return countless options. Chances are, one or more of these options will make payroll administration far easier and efficient for you., but it can be challenging to determine which one is best for your company’s needs.

Coworking spaces are becoming increasingly popular amongst individuals who work remotely, are self-employed, or are part of a small team. With more of these spaces popping up in cities nationwide, you’re likely to find one in your area. If you’re considering moving your small business to a coworking space, review our list of the pros and cons of coworking spaces below. Although group work settings aren’t conducive for everyone, it might be best financial decision for your business!

In 2017, 174 million Americans shopped at retail stores on Black Friday weekend, with even more people shopping online. It’s one of the busiest shopping days of the year, however, many small businesses struggle to decide if they should remain open. While Black Friday can be a lucrative time for your company, it can also be a headache due to staffing and technical challenges. Plus, many shoppers flock to big-name brands, instead of shopping locally at independent businesses.