Image by Thomas Hawk via Flickr They say only a small percentage of businesses survive their first year, and cash flow issues make more close each day. Businesses that make it past that 12-month hurdle aren’t out of the woods yet though. While growing a successful store, company, or corporation is a hugely rewarding undertaking, especially when you climb out of the red and into the black, challenges still lurk on the horizon. Businesses now are clipping proverbial coupons to ride out the cloudy fiscal forecast while looking forward to clearer skies. Bootstrapping a business … [Read more...]
Financial Careers Benefit During Tight Times
One ever present topic in the world today is the economy and how people can make it through. There's a need for people who can help others understand what the economic numbers all mean and how they can use what they know to their advantage. Many individuals are changing careers in this tough economy. There are a few people who have decided to move toward finance careers because they understand that there is a need for basic knowledge in this subject area. Understanding how finances work is only half the battle in the current economy. Understanding finances is essential to the survival … [Read more...]
Preparing to Launch Your Small Business
Congratulations! You’ve decided to go into business for yourself. You’ve done all the research, raised the capital, and found the location. Now it’s just a matter of finding the right employees who will help you launch your small business. What are some of the things you’ll be looking for? Certainly, you want someone with a good work ethic, but what about motivation? How can you determine how hard someone will work to achieve a goal just by what their resume says? Here’s something to look for as you examine the resumes you receive. Which candidates took advantage of the many … [Read more...]
Some hiring tips
Image by Getty Images via @daylife Recruitment is a vital part of any organizations functioning. No matter how good a company’s pay scale or work environment is, people tend to switch jobs never the less. This can be quite a task for small business owners who really can’t afford to keep paying consultation fees for hiring new employees. Here are some tips that small business owners can use when hiring employees: Mostly, recruiters tend to look for candidates who are ‘just like them’. Even though you may believe that you … [Read more...]