Running a business is seldom — if ever — a one-person operation. It often takes a dedicated staff to keep a company up and running, and sometimes that staff needs to grow. Deciding if it’s time to hire more employees can be a difficult decision to make, but don’t let it keep you on edge. Look for indications that the time is right.
Busy tweeting your heart out about your small business but not happy with the number of followers you’ve accumulated? Researchers at Georgia Institute of Technology know how difficult it can be to build your online Twitter audience, and they have some scientifically-based advice for you.
According to a survey of fraud experts conducted by the Association of Certified Fraud Examiners (ACFE), organizations around the world lose an estimated 5 percent of their annual revenues to fraud. In an effort to promote awareness, detection and prevention of fraud, hundreds of businesses, agencies and other entities around the globe will help to put the focus on fraud during Fraud Week, Nov. 3-9, 2013.
Social media ratings and reviews on websites like Facebook, Yelp and others can be a valuable and inexpensive marketing tool for your small business. Unfortunately, the potential for abuse is great and ultimately detrimental.
After a 16-day government closure small business owners and entrepreneurs are experiencing the aftereffects as is the Small Business Administration’s (SBA) 7(a) Loan Program. Many were waiting for contract updates, others were left waiting to see whether their customers would continue to walk through their doors and some were left waiting for loans when the closure forced the SBA to stop processing applications for government-backed, small-business loans. Employers were left waiting with no end in sight for the capital needed to start, expand or even save their businesses.