Employment law is a nasty mine field that many employers, big and small, often find themselves navigating –sometimes unsuccessfully. It often seems like one simple misstep can lead you into a virtual quagmire of lawsuits. Therefore, its not surprising that many employers often cringe when it comes to dealing with their employess on such issues as termination/discharge, return to work,…
It appears that small businesses across the U.S are increasingly becoming tempting takeover opportunities. Avid buyers such as financiers and private equity funds flushed with cash are turning to small businesses as potential investment sources. Prime targets for these investors are well-oiled businesses with an annual profit of at least $150,000. Manufacturing, trucking and garbage collecting concerns are ever popular…
It’s not uncommon for small business owners to start their business from their home. It is convenient and smart in terms of cutting back on expenses such as rent, utilities, office overhead, etc. associated with renting office space. However, there often comes a time when you find ourselves outgrowing your home location and longing for a more formal, bigger space. It’s…
Come Monday morning, we will find ourselves dealing with yet another postage increase. For businesses that depend heavily on the mail service, it will definitely bite into their profit margins. Some may find that they can no longer ship lower-cost inventory items and turn a profit. They may find themselves reevaluating their inventory and discarding lower-priced items that are no longer…
When formulating your business strategy, you can never neglect to understand what your competition is doing. It’s an important piece of the equation that many small business owners often neglect to explore indepth. True, it is sometimes difficult to find out what the competition is up to short of diving through their dumpster or staking out their location, but there…
Given the current gas prices, congested roads, and ever increasing commute times, many business are advocating programs that allow employees to work from home on occassion. However, a recent survey suggestions, that some managers remain skeptical when employees say, “I’m working from home today”. In fact, 21% of managers translate that to mean, “I’m taking it easy today.” An annual…
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