Before I share my ideas on how you can get past your fear of buying a franchise, I need to address this issue: It’s perfectly normal to have feelings of fear when you’re thinking about buying a franchise. Let’s see if I can help alleviate some of these fears for you. Transition Fears You’re probably worried about the transition you’ll be making if you decide to move forward with the franchise…
From Glossier to Quip, a variety of hip new companies is targeting millennials with … mailers? From postcards to catalogs, “hot, digitally savvy, direct-to-consumer” brands including Casper, Harry’s, Wayfair, Rover, Quip, Away, Handy and Modcloth have all started targeting customers via direct mail, Vox notes. Here’s why direct mail is hot again and how your business can use it effectively. Why Direct Mail Is Hot Why is direct mail so hot? One…
Every day is a grind. It wears you down. Get up, get dressed, get to work, go home, go eat, go to sleep. Do the routine all over again. In the middle of all of that, you have to find time to be creative and innovative so that you can come up with all these great new ideas. The problem is that creativity only happens when you can block off…
Many businesses start on a shoestring budget so it can be challenging to build the business credit you need to expand your business. But every business has to start somewhere and building your business credit can be done with the right action plan to guide you. In this article, we’ll cover how to build business credit without cash flow coming into your business. The first place to start is with your existing…
If you want to grow your business, you probably need to hire employees to help you. Becoming an employer and expanding your staff entails many responsibilities, one of which is seeing to payroll taxes. Unfortunately, there are many myths about these taxes. Here is the reality: 1. Myth: Transforming employees into independent contractors to save on payroll taxes is easy Reality: You probably know that it costs less to use an…
Region 6 Small Business Advocate Rhett Davis of the SBA’s Office of Advocacy host two local small business regulatory forums March 28. The forums are held in an effort to further the goals of presidential executive orders on regulatory reform. The goal of the visit is to hear directly from small business owners about federal regulations that concern them. This is an opportunity for small businesses to educate the Office of Advocacy through first-hand…
As a business owner, establishing a distinct separation between your personal finances and your business finances is pivotal for protecting your own assets and credit. This above all things should be a top priority for managing money the right way. An incorporated business is treated as a separate legal entity and it must be treated as such. For starters, separation between personal and business finances should be on the top…
In each and every organization, you will find problems. Sometimes big, sometimes small. There’s no getting around it. Like everything else, how an organization responds to problems comes from the top. This a lesson I learned from my wife, but it really came from her principal. As a teacher, my wife would often find she had trouble dealing with some issue that had come up. The first time she approached…
There are two forms of employee motivation at work. Extrinsic motivation is external: pay, bonuses, overtime, commissions, rewards and other similar recognitions for hard work and attained organizational goals. Intrinsic motivation is internal: the desire to be the best at one’s job, to achieve or fulfill a purpose, to master a skill or technique, and other similar intellectual stimulations. Most managers focus on offering the proper extrinsic motivators to their…
The law and good business practices require employers to provide a workplace that’s free from safety and health hazards that are known (or should be known). The failure to do so can mean lost productivity and employee dissatisfaction as well as costly lawsuits and government penalties. How do your workplace safety policies measure up? Protective gear Certain jobs require protective clothing and equipment to ensure the safety of workers. This…