Category: Running a Business

How to Handle Workplace Bullying in Your Small Business

The Bureau Of Labor Statistics estimates that there are about 125 million workers in the U.S. A recent survey from The Workplace Bullying Institute (WBI) says that over 60 million, nearly half of all workers, are victims of workplace bullying. Many are under the false notion that bullying just affects grade school children and pre-teens, but the reality is that bullying doesn't stop on the playground or in the high school cafeteria. Many Americans have to wake up every day… Read More

Who Is a Small Business Owner? The Definition Is Broader Than You think

I started my first small business when I was 22 years old. It was an electric sign repair business, and it consisted of me, a truck and some tools. To find clients, I would drive around town all night looking for signs that needed fixing and then call the owner the next day from my kitchen phone and offer my services for half the going rate. It was not a sexy operation. When prospective clients called back—if they called back—I… Read More

There are Huge Business Benefits of Buying a Company Car

A company car can provide your small business with reliable transportation to get to appointments or job sites while also providing terrific tax benefits to your business. As with any major purchase, though, there can be major drawbacks if done incorrectly or at the wrong time. If you’re thinking of buying a company car, here are some important considerations. Benefits of Buying a Company Car Business owners who regularly use a vehicle in their business may get significant benefits from… Read More

5 Tips for Running a Family Business

The family business, whether it be a startup or a generational institution, is part of an idyllic American dream for some. Whether or not a family business owner plans or hopes to pass the business down to their children, they have to deal with the challenges of working with family. While hiring a family member or working with your spouse gives you the immediate benefit of working with someone who has equal interest in the economic success of the business,… Read More

Sorry Parents, Your Kids Don’t Want Your Small Business

Family businesses have a rich history here in the U.S. In fact, 90% of American businesses are family-owned or controlled. Parents generally consider their children to be the first in line to inherit both the assets of a business and the management. Plumbers, farmers, food truck operators, and even franchisers are quick to look to their next generation of the family name to carry on the tradition – and the operation – of their carefully-built business empire. More Are Saying “No,… Read More

6 Tools to Help Automate Payroll

Running a small business includes so many tasks. From marketing to manufacturing to customer service, it can be easy to let payroll get lost in the shuffle. Thankfully, things have changed quite a bit from those paper ledgers and handwritten checks of the 70’s. First, it’s important to understand the benefits of adopting a new system. While automation can sometimes be accused of lacking personalization and being unresponsive to change, nothing could be further from the truth. In fact, today’s… Read More