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Small Business Articles

Employee vs. Independent Contractor

For many individuals at some point in their career they may have to decide whether or not they want to work as an employee or an independent contractor. For employers this can be an important decision also as there are numerous tax and regulatory obligations in place when having an employee that do not exist when hiring independent contractors. This…
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Tips for Starting a Successful Business Website

In this day and age, a business website is a prerequisite for even the most basic of services. It also serves as a valuable first impression to potential customers – sloppy website designs lead to negative assumptions about the professionalism of your business. Overly designed, memory-intensive flash websites filled with background music and tiny text frustrate visitors with haughty pompousness….
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Corrective vs. Adaptive Maintenance for Your Business

The terms corrective and adaptive maintenance originate from software maintenance. In computer science, corrective maintenance is accomplished by removing bugs from software, hardware and the network, while adaptive maintenance describes the adaptive modification of existing code to address new tasks or business opportunities. Corrective maintenance is generally categorized into emergency situations – such as a network outage or virus attack…
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Five Common Legal Issues Faced by Businesses

As an owner of a small business, the danger of crippling litigation should also be at the top of your priorities. Legal headaches, especially in America can take you by surprise and severely hurt your business’ bottom line. Here are some of the most common legal issues facing small businesses in America. Disgruntled Employees As a business owner, this will…
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Deciding When To Call It Quits

Starting your own business is not for the faint of heart. According to the U.S. Small Business Administration, half of all small businesses will fail before reaching their fifth anniversary. With a 50% chance of failure, individuals starting a small business have many challenges to overcome for long term success. For the 50% who succeed, owning a small business can…
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Why is Corporate Governance Important?

Corporate governance is the way a corporation polices itself. In short, it is a method of governing the company like a sovereign state, instating its own customs, policies and laws to its employees from the highest to the lowest levels. Corporate governance is intended to increase the accountability of your company and to avoid massive disasters before they occur. Failed…
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Using Technology to Maximize Efficiency

How many times have you heard the saying, “time is money”? It’s never been more true for the small business owner who simply can’t afford to waste time. Technology offers countless opportunities to maximize efficiency within your business operations, and therefore, save you time. When your business is operating efficiency, it gives you more time to market your business and…
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9 Options for Small Town Entrepreneurs

Living in a town with a small population presents a unique challenge to entrepreneurs. A narrow local market means the margin for error is greater than in centers of higher population. But a small town presents a great opportunity to form strong bonds with customers. The trick is to find out what business is suitable for the town. 3 Options…
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