Thinking of selling? Or just curious to know the value of your business in case you do decide to put it on the market at some point? Many business owners are well-wide of the mark when placing a value on their prized asset. They overvalue it and under-prepare for...
Tools for Strategic Planning If a company is operating without any strategic planning, then an imminent loss or slow progress can be anticipated. Strategic planning plays a pivotal role in the success of any business. It cannot be overlooked, neglected or considered...
Exempt vs. Non-Exempt Employee Classification Most business owners find it difficult to distinguish between the exempt and non-exempt employees, and it also causes a great deal of confusion between employers and employees. Whether you are entitled to the overtime...
Most small business owners are well informed about what government policies apply to them, specifically what FLSA (Fair Labor Standards Act) policies they need to be in accordance with according to their business. However, an increasing number of small businesses have...
Going paperless has been the way of the future in business over the past decade. People might have scoffed at the idea a few generations ago, but millennials and those who conduct business with them demand innovative solutions not only for the environment but also to...
Once you set up a business with the best services and products, whether it spans several cities or is a small scale set-up, bookkeeping is usually a major hassle, and yet, a very critical aspect in any business. You may end up launching your business and giving little...
