Business Management
Find articles addressing start-up business tools, family owned business, employee loyalty, home office deductions and more.
- Programs That Will Make Your Employees Thankful
- Each year employers should assess your company policies and procedures to be sure you’re offering programs that will make employees grateful to be working for you, according to the Virginia Society of CPAs . A survey by the Society for Human...
- Five Steps To Prevent Fraud in Your Business
- Every year, businesses all over the country lose billions of dollars to employee fraud. And while the big companies make the headlines, small- and medium-sized businesses are equally — and sometimes more — at risk, primarily due to a lack of...
- How To Deal With Bad Business Debts
- Companies thrive by building trusted business relationships with their customers. Sometimes, however, small business owners find that customers fall behind in payments for goods or services they’ve already received. There are a number of ways to...
- What You Need To Know Before Selling Your Business
- Before you cash in on the successful company you’ve built and retire to a tropical paradise, take time to adequately prepare for this important goal. Whatever your motivation for selling your business, the effort you put into preparing it for...
- How To Overcome Start-Up Business Hurdles
- Every year about 600,000 new businesses are launched in the United States. Many people dream of owning their own companies, but starting a business can be risky if not planned carefully. U.S. Small Business Administration data show that more than...
- Five Ways To Earn Employee Loyalty
- Over 60 percent of employees surveyed said they plan to look for a new job in the next three months, according to a Salary.com poll. Many companies are struggling to hold on to qualified staff, but due to historically low unemployment rates and a...
- Understanding the Home Office Deduction Can Lower Your Tax Bill
- One of the many benefits of working from home is the home-office deduction. Home-based workers who qualify get to deduct a portion of their expenses related to operating an office in their home. However, the rules covering the home office...
- Creating Your Small Business Exit Strategy
- Do you know what will happen to your business when you retire? By necessity, many busy small business owners spend all of their time thinking about the here and now, with little opportunity to focus on the future. But your company’s long-term...
- Entering the International Markets
- The global markets offer tremendous business opportunity, and a growing number of small businesses are taking advantage of them. About 97 percent of the exporters in the United States are small companies, based on statistics from the U.S. Small...
- Choices for Financing Your New Business
- You’ve decided to take the plunge. You have a great idea for a new product or service, and you’re going to turn it into a winning business. Or maybe you’ve seen a “For Rent” sign in a busy location and you would like to open your own store there....
- Common Challenges for Family Businesses
- A family business can be a very rewarding — and challenging — enterprise. Family businesses are a major contributor to the overall economy, employing over 60 percent of the U.S. workforce, according to the Family Firm Institute. But they also...
- Writing a Plan for a Successful Business
- Many thriving businesses begin with someone’s great idea for a product or service. While that first inspiration is critical to any successful company, it’s also necessary to have a solid roadmap for the future, according to the Virginia Society...
- Cutting Your Small Business Health Care Costs
The cost of providing health care to small company employees is soaring. In fact, 28 percent of businesses surveyed said their health care insurance rates had jumped more than 20 percent in the past year, according to a study by the National...- Starting a Business in Uncertain Times
- A recession may seem like a bad time to launch your own business, but many people are considering this option. Even a troubled economy can create new opportunities, so this may be the right time for your start-up. If you have entrepreneurial...
- Managing Staff Through Tough Times
- Small business owners face tough issues in a troubled economy. One of the most difficult challenges can be managing a staff through uncertain times. Whether it’s a matter of keeping anxious employees focused on their work or making hard decisions...
- Running a Business With Family
- If you work for a company run by your family or plan to start a business yourself, then you’re not alone. It is estimated that up to 90 percent of all businesses in the United States are family-owned. They range in size from the corner store to...
- Does Your Small Business Have a Net Operating Loss?
- In the current economy, it’s safe to say that many small businesses might have chalked up a net operating loss during the last year or two. If that’s the case, the Virginia Society of CPAs advises that there is one potential tax deduction that...
- First-Time Financing Advice for Small Businesses
- Obtaining a commercial loan can be one of the biggest challenges facing a growing business. Even experienced small business owners can feel overwhelmed and under-prepared when seeking outside financing for the first time. The Virginia Society of...
- Motivating Employees in Difficult Times
- Motivating employees is always important, but inspiring your team takes on increased significance during challenging economic times. When business results are less than promising, emotions, such as fear and anxiety, can bring employee performance...
- Disaster Preparation Can Save Your Business
- There is no way to prevent your business from suffering losses that result from a sudden and unexpected disaster — but there are steps you can take now to plan for the worst. According to the Virginia Society of CPAs , you don’t need a large...
- Give Your Business an IT Check-Up
- To be successful in business you don’t need to be a technology whiz — but you should have a plan in place for making the most of your company’s data. According to the Virginia Society of CPAs , the end of the year is an excellent time to...
- Cash Flow Tips To Keep Your Business in the Black
- Even a perfectly healthy company may face financial problems if it doesn’t have enough cash in the bank when the bills are due. According to the Virginia Society of CPAs , there any several steps that business owners can take to ensure reliable...
- Insuring Your Home-Based Business
- Depending on who is doing the counting, there are anywhere from 10 million to 25 million home-based businesses in the U.S. But there is little disagreement that too few home-based business owners have insurance — and all of them should. One...
- Ways To Achieve Greater Performance From Employees
- It's the question that's on every business owner's mind: How can I motivate my employees to contribute their best work? The answer is to create an environment in which employees are motivated to succeed and to reward them for their success. The ...
- Does Your Business Need a Document Management System?
- Information. Your business depends on it. But can your employees easily locate the information they need when they need it? In most companies, documents are stored in a variety of places — on networks, individual hard drives, CDs and DVDs, in...
- Creating an Ethical Culture in Any Size Business
- In today’s fast-paced, competitive and demanding business environment, employees in both small and large businesses can find themselves facing difficult ethical dilemmas. For this reason, every business — regardless of size — needs to provide...
- Advantages to Incorporating Your Business
- Owning a small business can be a risky venture. The Virginia Society of CPAs says one way to limit your personal liability is by incorporating your business. While incorporation requires more paperwork and expense than a sole proprietorship or a...
- Every Family Business Needs a Succession Plan
- There’s a widely published statistic that says only one-third of family-owned businesses survive the transition to the second generation. A primary reason for this dismal survival rate lies in poor succession planning, reports the Virginia...
