Some entrepreneurs consider a budget to be a rigid, dictatorial document that robs them of power and stifles their creativity. Others believe that budgets are only important to government agencies or large corporations. However, a formal budget is just as…
As an entrepreneur, it is always an exciting moment when your business has succeeded to the point that you need to hire help and can afford the additional expense. However, if your business is thriving, you may feel that you…
Launching a small business requires hard work and dedication. Running it can be stressful as well. Many entrepreneurs are stronger in the creative, technical, or engineering areas than they are in business fundamentals. If you are not well-versed in the…
The Fair Labor Standards Act, also known as the FLSA, is a federal law that was enacted in 1938 and amended several times since then. The FLSA is the predominant federal statute that governs many aspects of labor law, including…
There are many valid reasons for starting your own business. Maybe you want to express your creativity or perform the type of work that you enjoy the most. Perhaps you are looking to secure the financial future of your spouse…
Before gold was discovered at Sutter’s Mill, California was little more than a backwater with a sparse, widely scattered population. Historians estimate that the total population of California in 1848 was between 2,000 and 8,000 people of European descent and…
Why You Should Care About Employee Turnover Once upon a time, high school or college graduates could go to work for a company and count on remaining with the same employer until they retired. This has not been the typical…
The entrepreneurial spirit has always been strong in Texas. While Texas was still under the control of Mexico, dozens of empresarios were given land grants in exchange for bringing settlers into the area. The most successful empresario was Stephen F. Austin, who inherited the…
For many years following the end of the Great Depression, large numbers of workers tended to start and end their careers with the same employer. Beginning in the 1970s, however, employee loyalty began to wane, and by the 1990s, few…
Thanks to advancements in digital technology, the established role of the consumer has shifted. No longer do customers rely on sales people to educate them in products they are considering to buy. In today’s world, they are better equipped to…
