Implementing change is not easy in the business world. Even with a small business, you have a lot of moving parts -- not to mention employees who get nervous about any big changes or shifts.
Managing change is one of those HR best practices that people don’t talk...
Each stage of building a business presents unique challenges. Once you finally have money coming in, you need to decide where you’re going to keep it. For most companies from large corporations down to sole proprietorships, a business bank account is essential. But there are a few things you need to know before you can open one…
There are many ways a company's reputation — and thus its business — can take a hit, from a publicly shared controversial opinion to a major data breach to poor customer service.
A company's performance and success used to be viewed in terms of tangible assets, like product output, said...
Buyers and employees care about your brand’s values and purpose. Moreover, professional partnerships and influencer relationships depend on the proper alignment of each individual’s mission.
In short, business philanthropy can positively impact people’s experiences with your brand, which is why many companies publicly…
New business owners or those new to accounting tend to equate expenses with cash output, with the assumption that any expense created by your business will also include a reduction of cash. While that is true if you’re using cash basis accounting, if you’re using accrual accounting, a recorded expense does not always include a reduction of cash…
If you work solo, chances are the only receipts you need to manage are your own. But once you hire employees, you’ll also need to start managing their expenses as well. The easiest way to do that is by having your employees submit expense reports. An expense report is designed to report on any business-related expenses an employee…
Researching your competition might be the most important thing you do in your startup journey.
“I have an idea for a startup, what now?” I get this question very often. My answer is always to do comprehensive competitive analysis before taking one step forward…