You can read through the entire Business Resource Center web site, but the best source of advice on how to boost your company's profits may be right under your nose. It's your own workforce.
Motivating employees through incentives is important. Here's why and how to create an incentive compensation program.
In every business there are hits and misses--hot selling goods or services and real dogs that nobody seems to want. Often, the difference between a businesses' success or failure is the ability to distinguish between the two, and the courage to cut losses quickly by disposing of the doggies.
Typically, managers respond to tough times by trying to increase sales. But that's only one way to survive a bad economy. Reducing a company's ongoing operating expenses is often the shortest route back to profitability.
When the economy is strong and business is really humming, it's appropriate to reward productive workers with salary increases or cash bonuses.
A retirement plan is one of the most important benefits you can offer to valued people in your organization. These plans not only enable you to reward long-time employees, but also encourage newcomers to sink roots and build a career with your company.
Make no mistake, an employee bonus--whether it's cash, or a gift, or time off, or something else of value--can be a powerful tool to motivate a workforce. But an employee bonus can also be a colossal waste of money.
The IRS has different ways for you to handle taxes for an independent contractor and for your employees. Here are 20 questions you can use to identify who falls into which category.
Reuters estimates that they save over one million dollars. IBM's estimates are in the tens of millions. The IRS estimates that they collect over one-hundred million dollars in previously uncollectible revenue. Just what are these organizations employing to save so much money?
As an employer, you have to be careful when you hire and fire people, even if you're a tiny business. Make sure you get all your ducks in a row before first. Here are some ways to do it.