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A few interesting statistics…

Date: 05/10/2006 | Category: Business | Author: developers

Did you know that: Nationally, 97% of all employees work for a small business. 3 out of every 4 new jobs are coming from the small business sector. According to the SBA, companies with less than 100 employees are the ones hiring a greater percentage of younger, older and part-time workers. Are you planning to start a new business in South…

Mass marketing or segment marketing?

Date: | Category: Business | Author: developers

Mass marketing had its own days of glory couple of decades back when production concept was in vogue. You sold what you produced (I will give you any color as long as it is black – remember?). Mass marketing is actually wrongly christened – it should be mass selling.  Life has changed a lot since the color of black cars….

Non-Compete Agreements: Useful or Useless

Date: 05/09/2006 | Category: Business | Author: developers

There are two general camps of thought on non-compete agreements.  One school believes that non-competes can protect your business from losing valuable trade secrets and employees.  The other believes they aren’t worth the paper they are printed on, and can be easily broken if taken to court.  In fact, in most cases, California law will not enforce a non-compete agreement….

Small business workers’ compensation fraud on rise

Date: 05/08/2006 | Category: Business | Author: developers

Recent incidences have indicated a rise in fraudulent workers’ compensation claims. Businesses, particularly small businesses are hit badly due to fraudulent compensation claims. While there are no clear and certain indicators to know the ‘degree of fraud’ in a worker compensation claim, it is wise for a small business owner to be cautious for few symptoms. While an injury is…

S. 1955 Is Good and Bad for Small Business Health Coverage

Date: | Category: Business | Author: developers

Bill sponsors say will make it easier for small businesses to provide health insurance for their employees would also allow insurance companies to duck out of state requirements that they cover mammograms and certain other medical procedures, critics say. The Oxford Press discusses the concerns at length because while the insurance initiative will help minimize health care costs for small…

Getting it Right the First Time

Date: | Category: Business | Author: developers

Business owners know it can get costly when the wrong person is hired for a job. Just how much has now been determined by a survey conducted by Right Management. A survey of 444 companies found that…â€?it costs an average of 2½ times an individual’s salary to replace an employee who doesn’t work out, including recruitment, training, and severance costs,…