Category: Running a Business

4 Reasons Great Leaders Don’t Need to Criticize

This post originally appeared on Inc. on Nov. 9, 2016. I have a fundamental belief about the kind of people I try to employ. And that's that they're going to be harder on themselves than I'll ever need to be. I also believe that " Your employees are either aware of problems with their performance, or they're not. The best way to find out which category they're in is through asking questions and listening. Let's look at some of the reasons… Read More

Doing Business as a Sole Proprietor Is Easy, But Is it Best?

You like the ease of operation as a sole proprietor. There are no annoying state fees and no bothersome annual meeting requirements. Corporations must follow corporate formalities—and you’re not into formalities of any kind. Doing business as a sole proprietor is easy. You really like easy. But at the risk of sounding like a parent, is easy really always best? If your easy-to-operate sole proprietorship is sued, it is easy for the other side to reach all of your assets.… Read More

How to Prepare Your Business for the New Overtime Rules

Update: On Tuesday, a U.S. District Court blocked implementation of the new FLSA rules— originally scheduled to go into effect next week—citing that the rules would have caused an uptick in state government costs and the changes would have eventually led to layoffs. The long-term future of the rule remains to be seen. Read more about this change here, and share with us your thoughts on the change in the comments!     The 2000 movie “Boiler Room,” starring Ben Affleck,… Read More

How Should Business Owners Accommodate for Breastfeeding Employees

Guest post by Monica Beyer Since the 1960s, more and more women have been choosing to breastfeed their babies. Many are still doing so when they return to work, which gives rise to the question—where can moms go to pump their breastmilk? Few employees have a personal office with a door and blinds, and nobody wants to retreat to a bathroom stall for privacy. Luckily, federal law requires an employer to accommodate the mom’s needs. What does this mean for… Read More

What a Donald Trump Presidency Means for Small Business

In the lead up to the elections, data from the National Federation of Independent Business showed political uncertainty was causing inertia among business owners. Small business owners are concerned about high taxes, heavy regulations, and growing health insurance costs, according to the NFIB’s president and CEO Juanita Duggan—issues that were likely heavily on many voters minds as they headed to the polls. With Donald Trump now the president-elect, SMBs might be wondering what’s in store for them. Trump released his… Read More

2 Ways to Win This Small Business Saturday

As a small business owner, you’re part of a tribe. You may not have a lobbyist in D.C., but you do have each other to rally around. Events like Small Business Saturday can help. This year, the “shop small” holiday falls on Nov. 26—smack dab in the middle of Thanksgiving weekend. You shouldn’t ignore it. The event has become a key piece of the holiday shopping season; over 88 million people have taken part since 2010. Nav believes small businesses… Read More