Hiring and Labor

Overall, small businesses express little confidence in current business policies and policy-making. Almost three-quarters (73%) believe these policies favor large companies over small businesses. This sentiment spans political affiliations, with 79% of Republican and...

This new group of college graduates represent the new explorers who seek more flexibility in how they plan to work and live. Many are forecasted to become Individual Entrepreneurs.   Compared with today, the past few graduating classes found “the opportunities were...

When it comes to scaling a small business, business leaders are often faced with a problem - should they prioritize rapid growth or focus on long-term sustainability? Rapid Growth: Seizing Opportunities Expanding rapidly can be a desirable strategy for businesses...

In the world of modern business, outstanding customer service is the key to lasting relationships and staying ahead in the competitive race. To provide excellent customer service, one must go beyond merely addressing customer inquiries or resolving issues. Taking...

Social entrepreneurs strive for both financial sustainability and positive societal change, unlike traditional entrepreneurs whose primary goal is profit maximization. Social entrepreneurship goes beyond conventional business models by laying focus on social and...

Entrepreneurship plays a prominent and vital role in global economic growth and the unification of cross-border regions through consumerism. Entrepreneurs actively foster technological innovation and advancement, permitting entrepreneurship to serve as a catalyst for...

Building a team of hardworking, dependable, and loyal employees is a critical factor in the success of any organization. Here are some tips on how to recruit, train, and retain top talent: Recruiting Top Talent: Define Your Teams Needs: First, be crystal clear about...

During interviews, we often face the nerve-wracking question, "Why do you think you're the ideal candidate for this role?" Despite feeling prepared, we may only sometimes articulate our thoughts well. Hiring managers use this question to assess our suitability for the...

For many young adults, you may be wondering how valuable a college degree is these days, and whether it’s really necessary for your future. While it’s true you can obtain a good job without a degree, consider the many reputable companies that don't require a college...

Early-stage businesses can cultivate and amplify their innovative capacities by engaging with startup incubators.  Startup incubators are programs or organizations designed to facilitate a  startup’s evolution into thriving and viable business entity.  Startup...

Hiring talent is necessary to build a skilled and effective body of workers. Much thought, comparison, and consideration go into choosing who to hire. When hiring talent, these are some things to consider and implement: Clearly Outline Job Requirements Ensuring the...

We've all been asked that dreaded interview question, "What makes you a great candidate for this position?" Even if we think we're prepared, it doesn't always come out as planned. Hiring managers ask this question not only to try to determine how well of a fit you...

As an entrepreneur, you've probably heard of the terms startup incubator and startup accelerator, but do you really know the difference between the two? Because while it is true that they are very similar and offer some of the same benefits, there are definitely some...

As many small businesses grow, so will their need to hire more employees. Hiring employees can be a painstaking process. Up to one-half of small business owners admit their hiring process can take up to one month! That could add up to many headaches!   As a...

With limited labor markets it is important for companies to actively outreach to find satisfactory candidates without merely waiting for someone to fill the role. Here are three ways to let candidates know you are hiring.   Job Fairs Many colleges host regular job...

The holiday season is an excellent time to find gig work opportunities. Businesses tend to have additional needs, from the increase in holiday shoppers to a higher demand of inventory being sold. People also tend to take time off work during this time, to spend with...

LinkedIn, the social media platform dedicated to business, is one of the best and most reliable online resources for finding employees and interns for you and your business ventures. Though it is not difficult to find individuals to fit your company’s specifications,...

To find success in promoting diversity and inclusion into the workplace, it is important to be willing to change the work culture as well. Here are examples of ways that employers can adjust the work culture in a way that effectively includes diversity and inclusion...

Time is valuable. When running your own business, making the most of your time is one of the most important concepts to grapple. When it comes time to hiring new employees, you will want to find reliable candidates. To streamline the process and make the most of your...

Applying for jobs after college is a scary process, you may have many questions like where am I going to live? How long before I find one? Maybe you are even trying to apply at Starbucks for the time being. Don’t stress; I know, easier said than done, but if you...

The Great Resignation has been a huge topic of discussion—with 4.3 billion Americans leaving their jobs in December of 2021. So, many business owners are thinking to themselves: why did these people leave and where have they gone? Business owners, especially those who...

We all know entrepreneurs are self-sufficient and well-driven. While most characteristics of an entrepreneur are favorable, the weight can be bearing, and delegating tasks may seem more difficult than doing it yourself. In order to boost your efficiency, delegating is...

Mastering your interview skills is not as hard as you might think. There are plenty of ways you can up your skill set when it comes to interviews. Being prepared and focused is the most important thing when it comes to interviewing. Here are a few tips and tricks to...

In case you have not noticed, there are “HELP WANTED” signs in almost every storefront today. That would be because America is experiencing a labor shortage. This means businesses are desperate for help. Because of this, owners have lowered their standards or even...

It is no secret that the gig economy has increased exponentially in the last ten years, but what about in the last two years? Between COVID19, unemployment, and new societal policies, there has been the largest increase in gig work - and we have Gen Z to thank. Many...

Entrepreneurs and business owners have experienced shortages in supplies and labor since the start of the COVID-19 pandemic. The restaurant industry was hit extremely hard, and continues to struggle with rising costs. According to Robb Report magazine, the price of...

Everybody gets busy and can become too focused on the task itself that it actually wastes more time and you become less productive than you could be. Here are some simple ways to become more productive and actually save more time. 1. Set an agenda Creating an agenda...

The holiday season is now in full swing and as a business owner, you may be wondering what the best ways to hire seasonal workers are. Here are a couple of tips.  The main thing to keep in mind when hiring seasonal workers is to start early. You should begin...

America is in the midst of a nationwide crisis- labor and supply shortages. The Department of Labor shows in a recent study that the number of workers quitting their jobs is at an all-time high in 2021 with a “quit rate” of 4.3 million. While office jobs moved mobile,...

Improper management of your resources, including time, is like leaving money on the table. How do you manage your company’s time effectively without becoming too overbearing? Is there a sweet spot? With these tactics, there is! Here’s how you can avoid the most common...

Even as people return to the office, many businesses are still hiring remote workers. People can be a little shy, however, about giving these remote workers a rousing, warm welcome! Here are a few ways you can get to know your new employees (and vice versa!) even if...

Every entrepreneur dreams of that moment — the one where your company hires employee number two. When that happens, you’ve just grown exponentially, and your business horizons have expanded to match. It’s exciting stuff. Nothing kills that honeymoon period faster,...

Good help is hard to find. It can be an overwhelming task to hire new staff for your company — and it’s even worse when new employees don't keep their promises. We’ll be real: Nobody knows the kind of employee you need better than you do, but three key factors must be...

Compliance is a huge issue when it comes to setting up a business payroll. Over 75% of all revenue collected by the IRS comes directly from payroll — and while you’d hope the government would maintain consistent regulations, it hasn’t. Governments are imposing MORE,...

You have very few “correct” ways to terminate an employee’s tenure at your company and many, many incorrect ways of doing it. If you want to avoid lawsuits after letting an employee go, here are a few key mistakes to avoid. 1: You don’t give a reason for firing. Just...

Rewarding employees with a pay raise can be a significant and heartening step to boost their morale and show sincere appreciation for their hard work and dedication, particularly in challenging times like the ongoing pandemic. However, it's crucial to handle the...

Life is not static. It’s completely natural for every business to have employees who come and go. However, it’s best when those transitions are as peaceful as possible and they don’t involve your best performers. How can you determine whether you have a healthy...

If you have employees constantly coming and going, your business is probably not optimized to keep your employees long term. It can entirely depend on your business model, but there are many reasons you should keep your employees for as long as possible. First, you’ll...

I know we’re only in September, but, knowing my fellow entrepreneurs, you’re probably already looking to the near future: the holidays. While you might be canceling the office holiday party this year, that shouldn’t discourage you from having a major company...

Candidates in 2020 rarely find out about your job posting through a paper posted on the window. Nowadays, you have to make sure your online job posting isn’t only that informational paper on the wall but also a representation of your whole company culture, staff, and...

People all have different needs and wants, so to provide incredible customer service, you must have the right preparation. If you have deaf employees or deaf clients, ask yourself this: Is your business really equipped to take care of them? What adjustments do you...

The COVID-19 pandemic has made a hybrid of remote and at-location workers the new normal. This can put unique stresses on your work culture. How do you make everyone feel included and connected despite the gaps created by distance? How do you make your company feel...

If you’ve been understaffed in the recent months following the lockdowns, you might be already thinking about what you can do to prevent company burn out. The answer may be hiring more help, even though that help may have to be remote. You already know that remote...

At the moment, being a company leader can be extremely anxiety-inducing since anything you say sets a tone for the entire company. You want to be positive while also providing an authentic message to your staff. With the following strategies, you'll be able to boost...

Right now, companies are exploring their options for reopening. For some, even with all the government assistance, their success and their staff's livelihoods depend on it. At the same time, their staff's safety is a concern since they can't afford to lose employees....

If you’re an essential business or you focus on eCommerce, you might still be scaling your company during this pandemic. If you’re still seeing a spike in growth, you need the right staff behind you, ensuring you continue building your customer base. Right now, there...

COVID-19 is changing the business landscape as we know it. And while it will likely revert back to how it was eventually, for the time being you need to be ready for anything the market will throw at you. This includes possible changes in customer needs, new...

Nobody looks forward to delivering the news that one of their employees is getting let go. Still, presiding over layoffs is a part of leadership, and what you say, or don’t say, when you lay someone off can have an impact on the future of your company. Treating your...

Every hiring manager has been there: Your inbox is overflowing, and you’re working overtime to excavate the few qualified applicants from the rush of unqualified applications. Or, maybe you’ve been in the converse situation: You post a job, but the response is radio...

According to the Government Accountability Office, up to 30% of American workers work part time. With the rise of the gig economy, there are more and more part time workers every single year, and if your business employs them, the SECURE Act that passed into law this...

No employer looks forward to telling their employees about an increase in health insurance costs, but in our current climate, the reality is that most employers are going to have to navigate that conversation sooner or later. When it’s your turn to communicate with...

Creating just the right job description is tough, but it’s an essential part of attracting and retaining the right employees. According to Recruiterbox.com, the sweet spot for length is somewhere between 700–2,000 words. For context, that is between two-and-a-half and...

Professional development is essential to the growth and strength of your business, but putting together effective training can be difficult. Here are a few things to keep at the front of your mind as you develop your next training. Engage Different Learning Styles...

Gig Workers — or freelancers, whatever you prefer to call them — have woven their way deep into the fabric of modern businesses. Freelancers help bridge gaps during periods of staff shortage, and they bring specialized — and often expensive — skill sets to the table....

According to the BBC, employees who use all of their leave are 6.5% more likely to get promoted or get a raise than employees who retain eleven or more annual leave days. Having a well-staffed company that can cope with a brief absence is one of the key ways employers...

Working on career goals and maintaining a balanced personal life is no easy task. More often than not, when you’re excelling in one area, the other suffers. But this doesn’t have to be the case. There are a few simple tricks you can utilize to improve your...

At the beginning of every year, there are two critical numbers in tax-law provisions that are adjusted for inflation. The IRS and Social Security Administration usually release these figures in October. Unfortunately, at the time of writing this, these figures have...

As we approach a new year, companies are looking for new ways to save money and properly budget. As a small business, it can be difficult to save money and grow at the same time. There are, however, some unique things you can implement to trim your operating budget....

Conflict can arise anywhere at any time, regardless of how well team members work with each other. Failure to address conflict efficiently can lead to high turnover rates, which can cost anywhere from 16%–216% of the salary of the individual as noted in our last...

Employee turnover rates can have a substantial effect on the lifeblood of the business. It is estimated turnovers can cost anywhere from 16% to 216% percent of the employee's salary. Another study found that 25% of all new hires quit within a year. There are many...

There are a plethora of benefits associated with having your employees in good health. Investing in perks like gym or health memberships can have notable upfront costs. However, there are also benefits that will make a substantial impact on your business performance....

When hiring student employees, you need to consider several factors. While doing so can be beneficial for you and the students you hire, there can be some downsides you need to prepare for. Here are just a few of the pros and cons associated with hiring students for...

Finding quality employees can be frustrating at times, and social media can make the whole process even more confusing. Running a small business is already very stressful. By using these strategies in your hiring process, you can eliminate another potential source of...

When on the search for employees, the amount of time and money you put into an individual can really add up, so you need to make it count. Unfortunately, it really is a candidate's market right now, so you need to be aware of the current employment trends that will...

Hiring is one of the most crucial and tricky parts of any successful business venture. That’s why, ideally, it should be avoided as much as possible! Employee turnover is a huge strain on your business, so finding ways to increase employee retention is crucial. With...

Hiring is never easy. Your business has specific needs and you want to find the perfect candidate to fit those needs. But finding that candidate means you often have to wade through dozens of other applicants first. A lot of businesses end up settling on the...

For those of you on the job hunt, it may be time to rethink your outreach methods. With today’s myriad of job recruitment services, there is a virtually endless stream of ways to find work. From message boards to resume searching sites to job search engines and...

Hiring new employees is vital if you want your company to succeed. We have mentioned in the past that employees are the fuel that keeps your company going, therefore it is important to find the right candidate who is capable of doing the job in the most efficient way....

The nuances in the business jargon we use every day gets lost in translation sometimes. This is especially true when it comes to the actual difference between labor and entrepreneurship. Believe it or not, these two components are very different in practice. Simply...

So many people who decide to start a business overlook the importance of having a team of entrepreneurs on board with you. It is necessary to remember that one person by themselves cannot achieve all the goals they set for their business, so getting a little bit of...