Managing payroll and keeping the payroll best practices working well is one of the biggest tasks for a business, no matter how many people you have on your team. Even organizations with a small number of employees on board struggle with the paperwork and deadlines. Things can get even harder for growing companies that plan […]
COVID-19 & Business: How You Can Get Back on Track
The COVID-19 pandemic has had a significant impact on businesses, with many forced to downsize or close entirely. If you are wondering how to get your business back on track, a few changes could help you get through this pandemic. You may even come out more successful on the other side. We have compiled a […]
Simple Strategies To Build A Dream Team For A Startup
An entrepreneur’s journey is often full of challenges because you have to start from scratch and realize a dream. You cannot do it alone, no matter how skilled and experienced you are. You will need your dream startup team. Having the right people on board is essential if you want to translate your vision into […]
How To Work Out Shipping Costs Before Starting An Online Business
In an ideal world, every e-commerce business would love to offer free shipping to all customers. Removing shipping costs is a nice way to give back and help you stand out from the competition. That being said, this is not always possible, especially if you’re shipping your goods internationally or shipping larger items. For this […]
The Importance Of A Balanced Inventory Management System
Growing an existing small business requires having the inventory prepared and on hand to meet customer demand. It may seem like an easy process but balancing that stock to align to your existing supply chain capabilities is difficult. Without real-time data, you may end up running into issues such as an overabundance of materials or […]
Growing Your Company: Where to Invest Your Time & Money
If you have a new business or are looking to expand an existing one, it can be difficult knowing where to invest your time and money. With fierce competition and remote workforces to contend with, you must make the right decisions. Planning, researching, and goal setting will help you discover any specific areas your business […]
How to Avoid Supplier Fraud by Checking Business Credit Score the Right Way
All businesses have a responsibility to avoid dealing with fraudulent suppliers, stakeholders, and customers. That’s why gaining insight into their creditworthiness before signing an official contract is very important. Unpaid bills and late payments are on the rise, and most businesses are aware of this dangerous trend. In a recent survey involving business professionals, 43% of respondents […]
7-Step Legal Checklist For Budding Startups
When it comes to starting a new business, you need to handle a long list of tasks as an entrepreneur. From market research to setting up the physical office, recruiting a team, and getting started with the operations, the to-do list is often unending. Amid the chaos and excitement of starting your dream venture, it […]
4 traits of the most successful entrepreneurs
There’s no easy way of saving this, but the fact of the matter is that startups have been romanticized to death. We all like to think that Jeff Bezos, Elon Musk, and Mark Zuckerberg all started in their garages with nothing but a few hundred dollars. After all, they dropped out of university to pursue […]
Why is Expense Management Automation Important for Your Startup?
Why is expense management automation important in 2021? As a small business owner, you are often trying to find the best way to secure your company’s growth and financials. You have to make sure that something like expense report fraud doesn’t put a dent in your business while you are busy innovating. Protecting and streamlining […]