If you want to expand your business, finding employees with specific skills, such as accounting, sales or IT, should be a top priority. Searching for new talent is a good problem to have because it means your company is growing. But finding the right people in the timeframe you require can be challenging. Because the...
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What is a business plan? Whether you’re starting a small business or exploring ways to expand an existing one, a business plan is an important tool to help guide your decisions. Think of it as a roadmap to success, providing greater clarity on all aspects of your business, from marketing and finance to operations and...
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Many panic when they see water leaking from the roof. The first instinct may be to fix it yourself to save a few bucks. However, roof leaks can cause significant damage to a home if the underlying cause isn’t discovered and repaired properly. Knowing how to prevent a leaking roof and what to do when...
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House flipping has become a lucrative market for many. And with number of shows dedicated to these endeavors, you may be interested in what it takes to flip a property. But first, what does it mean to flip a house? What is ‘Flipping Houses’? House flipping is an investment strategy in the real estate market....
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According to the U.S. Department of Housing and Urban Development (known as HUD)[1], the difference between manufactured, modular, and mobile homes all comes down to differences in construction and safety. Manufactured and mobile homes must be built according to HUD’s building codes while modular homes must follow local, state, and/or regional building codes. Mobile, manufactured,...
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A revocable living trust, or simply a living trust, is legal entity created to hold ownership of assets generally used to determine how their assets will be handled after they die. The person who creates this living trust is called the grantor or the trustmaker and typically also serves as the trustee, meaning they handle...
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Starting or expanding a business requires a lot of hard work and money to get off the ground. Finding ways to finance your venture can include everything from applying for loans to getting investors to using your own savings. For minority groups, another option is to get minority grants to start a business. What are...
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Millennials, generally those born between 1981 and 1996, face a much different working environment than previous generations did.[1] They’re also now the largest segment of employed people in the United States, and by 2020, they’re expected to make up 50% of the workforce.[2] If your company has millennial employees, or if you’re anticipating hiring fresh...
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Finding the right employees can be a challenge in any industry. To put the right people in the right positions, it is always helpful to brush up on interviewing skills and putting an effective interview process in place.[i] Conducting a job interview takes some planning. Making sure you find the right candidate for the job...
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The internet continues to create new opportunities for savvy entrepreneurs, particularly when it comes to starting an online business. The costs have the potential to be smaller compared to brick-and-mortar organizations, and the audience that your products or services can reach is vast. While opening an online business has its advantages — working for yourself,...
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To welcome a new employee, it’s important to have a plan. The last thing you want is a new hire entering the building, roaming the halls and looking for someone to help them get settled in. It’s helpful to have an employee onboarding process that introduces the employee to your company and staff, sets expectations...
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Companies of all sizes can benefit from having engaged employees. What is employee engagement? Simply put, it’s the process of creating an organization full of happy and productive workers. Engaged employees have a positive, can-do spirit that drives them to work hard for the betterment of the company. Engaged employees are happy to come to...
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Working from home is the next big thing. According to the State of the Remote Job Marketplace report, in 2018, nearly 4 million people, or 2.9% of the population, worked from home. That’s a 115% increase since 2005, and that number is projected to grow even faster in the coming decade. Upwork’s Future Workforce Report...
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The structure of your business matters. Everything from productivity to communication can rely in part on how your business is set up internally. An organizational structure is a road map that helps employees navigate a path that accomplishes your company goals. It offers guidance on rules, roles and responsibilities, and it also explains who reports...
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Sponsoring internships can provide your company with additional talent, but keep in mind that for college students, internships are more than just jobs. Students take internships to gain practical working experience and learn more about their field of study. As beneficial as internships are to students, they can be invaluable for businesses. An intern gives...
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