Should You Hire a Relative for Your Home Business?

Should You Hire a Relative for Your Home Business? When you first launched your home-based business, you may have been fortunate enough to have relatives volunteer to help you out on occasion. Perhaps your teenager answered the phone when you were…

How to Change Registered Agent in Texas

How to Change Registered Agent in Texas Many people who operate a business from their homes choose a limited liability company, commonly called an LLC, as their business structure. Even if they began their business as a sole proprietorship, entrepreneurs…

Six New Year’s Resolutions Entrepreneurs Should Consider

Six New Year’s Resolutions Entrepreneurs Should Consider The practice of making resolutions on New Year’s Day is rooted in ancient times. Historians credit the Babylonians with making the first resolutions approximately 4,000 years ago. Although the Babylonian new year began…

How to Identify Employees Who Are Potential Superstars

How to Identify Employees Who Are Future Superstars As an entrepreneur, you probably started your business with a small staff or perhaps without any staff at all. As your hard work was rewarded with success, you began hiring employees to…

Understanding the Differences Between Advertising and Marketing

Understanding the Differences Between Advertising and Marketing It is easy to understand why many people think that marketing is just another word for advertising. After all, the primary goal of both advertising and marketing is to generate sales by promoting…

Inventory Management: The Importance of Cycle Counts

For many small businesses, inventory represents a substantial part of the company’s assets and expenses. Some companies only conduct physical inventory counts at the end of their fiscal year, relying on their software to determine whether there is sufficient stock to fill…

What You Should Know About Employee Engagement

An earlier post discussed the importance of retaining quality employees. In brief, employee turnover costs your company money in a variety of ways. There are easily quantifiable expenses, including the cost of placing ads or paying overtime to your remaining…

Is it the Right Time to Start a Business?

Starting your own business can be emotionally and financially rewarding, but it can also be emotionally and financially draining, especially during the early years of the company’s life. If you want to succeed as an entrepreneur, you want to make…