Health insurance costs can pose a significant burden to small businesses and the employees they hire. However, there are tax incentives available to help offset those expenses. As with most tax deductions or credits, eligibility for the health insurance deduction has some limitations. The Affordable Care Act (ACA) also has some impact on how the …
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Starting a new business requires lots of effort. If you want to succeed, you’ll need to put in long hours every day. This means you won’t always have enough time to focus on your company. Even if you manage to squeeze in some free time, you might not get anything done because you don’t have …
New businesses, small businesses, and startups all face the same challenge: How can we grow our business? Growing a company requires strategy, persistence, and new ideas. No business is lucky enough to just stumble into explosive growth. It takes hard work and effort in a good strategy to see your business grow over time. When …
Supply chains play a critical role in modern economies. They connect producers, distributors, retailers, and consumers across multiple industries. When disruptions occur, these networks become vulnerable to damage or failure. Businesses can prepare their operations for supply chain disruptions through a variety of strategies. These include developing contingency plans, improving visibility into supply chains, and …
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Are you worried about the future of your company during these uncertain times? The global economy has been under pressure since the start of the COVID-19 pandemic, and things aren’t looking good. Many experts believe that the next recession will hit this year. This means that businesses should start preparing now. Recessions are tough periods for …
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A business proposal is basically a sales document. You’re selling something and that something is your business. A proposal might help you get funding, partnerships, or new clients, but it’s not easy to write one. It has to be perfect the first time. Even the smallest mistakes can cost you dearly. There are several things …
Small businesses represent the soul of the American economy. Amidst concerns about the global economy, many small businesses are facing an existential crisis. Can you scale your business like Amazon and increase revenues in these tough economic times? The answer is yes! Many companies grow into multi-million dollar enterprises after starting out as a single-person …
Social media is one of the most important ways to reach consumers and keep them coming back. As more users spend more time on it, the importance of these sites has increased for businesses. Brands that aren’t represented on social media risk falling behind their competition and missing out on new customers. In today’s digital …
B2C businesses are often direct to consumer, meaning they deal directly with the customer, not another company. In other words, answering services for B2C businesses are an important way to extend a good customer experience. Customer service is the cornerstone of any business. If a company can’t offer solid customer service, its customers won’t come …