IS NOT PAYING OVERTIME ILLEGAL? This article is published by tcbassociates.com based on Content Marketing Partnership with Hourly.io First things first—what does federal law say about paying your employees overtime? All hourly, or non-exempt, employees must receive overtime pay for any hours they work over 40 in a workweek—at […]
REASONS JOINT VENTURES FAIL A joint venture is a business enterprise undertaken by two or more persons or organizations to share the expense and (hopefully) profit of a particular business project. Joint ventures are not business organizations in the sense of proprietorships, partnerships or corporations. They are agreements between parties […]
ENTREPRENEURIAL COUPLES: THE GOOD, THE BAD Many small business enterprises are co-owned and co-managed by entrepreneurs who are also partners in their personal lives. These partnerships, which commonly take the form of husband/wife teams, can be immensely positive experiences, strengthening each other’s commitment to and enjoyment of both the business […]
WHY ENTREPRENEURS AND SMALL BUSINESS OWNERS MUST DEVELOP COMFORTABLE RELATIONSHIP WITH A BANK Small business is the fastest-growing business of the world economy. As a result, more and more commercial banks are creating special products and programs designed to attract small business customers. It is vitally important for entrepreneurs and […]
HOW CORPORATE SPONSORSHIP CAN ENHANCE CORPORATE IMAGE AND VISIBILITY Corporate sponsorship, also known as event marketing, is a form of advertising in which companies pay to be associated with certain events. Corporate sponsorships have been growing rapidly in recent years. Part of the increase is attributable to the number […]
HOW BRAND NAMES CAN SET A BUSINESS APART FROM OTHER COMPETITORS A brand is a name, symbol, or other feature that distinguishes a seller’s goods or services in the marketplace. More than a million brands are registered globally with pertinent regulatory bodies in different countries. Brands serve their owners by […]
WHY BLUE-CHIPS OUTPERFORM OTHER INVESTMENTS A blue-chip stock is one that is well-established, financially sound, and historically secure. Blue-chip companies are those that have a history of posting earnings and paying dividends, all while continuing to increase profits. While there will always be fluctuations in markets, and all companies go […]
HOW BARRIERS TO MARKET ENTRY UNDERMINE BUSINESS GROWTH Barriers to market entry include a number of different factors that restrict the ability of new competitors to enter and begin operating in a given industry. For example, an industry may require new entrants to make large investments in capital equipment, […]
ORGANIZATIONAL CHARACTERISTICS THAT ENCOURAGE INTRAPRENEURSHIP Intrapreneurs are employees who work within a business in an entrepreneurial capacity, creating innovative new products and processes for the organization. Intrapreneurship is often associated with larger companies that have taken notice of the rise in entrepreneurial activity in recent years; these firms endeavor to […]
KEYS TO A SUCCESSFUL HOME-BASED BUSINESS A home-based business is any enterprise for which the principal administrative and managerial activities take place within an individual’s personal residence. People start home-based business ventures for a wide variety of reasons. For example, some people are forced to leave the corporate world as […]
