WHY LIQUIDATION MIGHT NOT BE A SIGN OF COMPANY FAILURE Many factors can contribute to tough financial times for a business, including a struggling economy, hostile takeover, natural disaster, or illegal activity such as theft or frauds. When a business encounters this type of financial turmoil, it may be forced […]
SPECIFIC CONCERNS BEFORE MAKING RELOCATION DECISIONS Relocation is the action of transferring a companyās place of operation from one physical location to another. For businesses, the act of relocating is often fraught Ā with uncertainty, since the margin for error in companies with modest financial resources is so small. Indeed, […]
WHEN CHOOSING A TEMPORARY EMPLOYMENT SERVICE Temporary employment services (often referred to as temporary employment agencies or firms) provide employees who possess specific skills to client companies for brief and often fixed period of time. The arrangement can provide a client company with needed help during peak demand periods, staffing […]
MANAGING THE LOSS OF EMPLOYEES DURING PREGNANCY AND MATERNITY LEAVE Most business owners that maintain a paid staff will, at one time or the other, have a pregnant employee in the workplace. Over 80 percent of all working women will become pregnant at some point in their working lives. This […]
WAYS TO COMBAT ABUSE OF SICK LEAVES AND PERSONAL DAYS Sick leave and personal days are a form of time off afforded to employees who must miss work due to an illness or a personal situation. Since nearly all employees need time off occasionally, all businesses should have a clear […]
ELEMENTS OF AN EFFECTIVE PROBATIONARY PERIOD When hiring new employees many employers use probationary employment periods to ascertain whether the new workers will be able to handle the duties and challenges associated with their new job. The essential purpose of a probationary period is to allow management to observe a […]
BENEFITS OF HIRING PART-TIME EMPLOYEES Part-time employees are those who, whether by personal choice or due to employment conditions beyond their control, work fewer hours than the regular, fulltime staff of a business over the course of a year. Many business owners rely on a blend of full time and […]
WHEN CONSIDERING A BUSINESS PARTNERSHIP, DETERMINE YOUR ASSETS THAT WILL BE AT RISK Partnership is an association of two or more persons to carry on as coworkers of a business for profit. The essential characteristics of this business form, then, are the collaboration of two or more owners, the conduct […]
HOW WHOLESALING BENEFITS YOUR BUSINESS [contact-form][contact-field label=”Name” type=”name” required=”true” /][contact-field label=”Email” type=”email” required=”true” /][contact-field label=”Website” type=”url” /][contact-field label=”Message” type=”textarea” /][/contact-form] Wholesaling is the selling of merchandise to anyone, either a person or an organization, other than the end consumer of that merchandise. Wholesalers, who are sometimes referred to as middle […]
HOW NETWORKING CAN HELP IN GROWING A SMALL BUSINESS Networking is the process of intentionally meeting people, making contacts, and making relationships in the hopes of gaining access to such business related benefits as career advice, job leads, business referrals, useful information and ideas, and emotional support. For example, a […]