As businesses across the globe make the shift to working from homewhenever possible, many small business owners and managers are learning how to manage remote teams on the fly. It’s a difficult time for everyone as many of us transition to a new office environment, but there are ways to maximize your remote team’s productivity—and ways that will destroy morale and end up hurting your bottom line. Here’s how to not only survive this new situation, but perhaps even thrive.
If your business has been struggling, you might be seeking out short term cash advances to get by. Whether it’s an unexpected emergency, downturn in sales, the inability to find another source of capitalor even a global pandemic, most businessowners have or will, at one point, find themselves in a financial crunch.
Business credit card advances can be a real boon when you need money fast, but thespeed and easier access means that you need to consider the drawbacks, too. Credit card advances come...
Many small business owners in “non-essential” industries are finding themselves at a loss right now, thanks to the COVID-19 pandemic. As more and more states issue “shelter in place” orders, which closeschools andnon-essential businesses,and require residents to stayhome, the economy is greatly affected. Experts estimate we could be seeing shelter in place orders extended into the summer. For many small businesses, a months-long lack of income can prove fatal.
Maybe half of the reason you embarked on a creative professionis that you didn’t want to track things like billable hours and finances. This is understandable, except that you have to do so in order to create a business that can survive. Finances might be the least fun part of your creative business, but they don’t have to be a burden. Here are our best tips for making sure you keep track of your time so that you can keep your business in business.
It’s a sad fact of the construction industry that fraud is all too common. As the owner of your own construction company, you have stay alert to whether your contractors, subcontractors or employees might be trying to rip you off. You not only have to worry about the dollars you’re losing due to fraud, but also your professional reputation. If someone commits fraud on behalf of your company, it could leave you exposed to career-ending lawsuits.
Avoiding fraud requires strong systems for ensuring...