Blogs

5 signs it's time to outsource accounting

Taking care of your startup's accounting functions in-house can not only be a headache but a time-consuming task that eats up a lot of your resources. Whether it's payroll, accounts payable, accounts receivable, credit card reconciliation, inventory and budget reports, bank reconciliation, or payroll reconciliation, accounting can often be too much for the small startup to handle. How do you know you need help? Here are five signs it's time to outsource accounting. #1: You have no time left for ...
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Different mindfulness practices around the world


12 cognitive biases that impact your finances

Making financial decisions is hard. So hard, in fact, that 7 in 10 Americans admit to postponing making major financial decisions. The stress that comes with potential repercussions of our decisions lead us to commit errors in thinking called cognitive biases which affect our judgement and decision-making skills. They cause us to hold on to our own preferences and beliefs instead of assessing our situation from a more rational standpoint. Cognitive biases can wreak havoc on our financial lives —...
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Why you should treat the tech you use at work like a colleague


Why your startup needs an employee handbook

An employee handbook is vital to the success of your startup. But, perhaps you're wondering why your startup needs an employee handbook and when it's appropriate to create one. Two of the simplest reasons you need one are for the creation of processes and policies and to facilitate benefits administration. Let's look at these reasons as well as a few others, but first, let's discuss when you need one.   When do you need a handbook? While there's no one-size-fits-all answer, it's the best pr...
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Digitalization: the path to employee engagement

The Robots are Here: Good news – for employees While robots which vacuum the carpet, mow the lawn or deliver lunch are cute time savers, their possible entry into the workplace can be scary. Employees who have spent years performing a routine task can be threatened by the idea of technology taking over their job. People in customer facing roles (cashiers, bank tellers, check-in agents) may argue that use of self service or remote interfaces 'dehumanizes' the company. Business leaders today know ...
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3 entrepreneurs talk about their mental health journey


How to disagree productively and find common ground


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Does your startup need cyber liability insurance?

As a startup, you know you need general liability insurance, property insurance, and workers compensation insurance, but have you ever considered cyber liability insurance? What is cyber liability insurance Cyber insurance generally covers your startup's liability for a data breach that can involve private, sensitive customer information such as social security numbers, credit card numbers, account numbers, addresses, health records and driver's license numbers. When hackers gain this informatio...
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Forbes Releases 30 Under 30 List 2019


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