Category: Running a Business

What to Do if Your Small Business is Robbed

So you've managed to grow your business with consistent revenue, a good name in the community, and a trustworthy, friendly staff. All of this is helping to bring more customers in the door, and everything is going great. But then one day, some deadbeat looking for a fast track to cash decides they are going to rob your business, putting not just yourself, but potentially your employees and customers in harm's way. Your Location Being A Potential Target A recent… Read More

Should I Expand Beyond a Sole Proprietorship?

Like many business owners, you’re probably pumped about your business right now. Your cash flow is good, you’re looking to hire, and you’re expecting to keep growing over the next year. If you’re a sole proprietor, incorporating your business could help fuel your growth even faster. However, deciding whether to incorporate could completely change the course of your business, so it’s best to do your research and figure out what’s best for your company. Here’s what you may want to… Read More

How to Win a Small Business Grant

When Rachel Irons won Nav’s first small business grant for her company Founding Foods,  it wasn’t just about the money. “To have a much larger company choose us and trust us with with such a sum of money felt incredibly validating,” she explains. “All the hard work we've been putting in was recognized and appreciated and that was just the best feeling.” At the same time, she recognizes that the money she won will be immensely helpful to her business.… Read More

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