5 things businesses must know about the families first coronavirus response act

Entrepreneurs often find it challenging to stay on top of the regulations that come down from the government, but that's been especially true since the coronavirus emergency began impacting the country. Businesses are facing new challenges every day, and so are American families, many of whom are struggling to pay bills amid changing working conditions. Federal, state and local governments have been fast-tracking new regs, and today we've got the lowdown on how one of them will affect your busin...
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Want more time to grow your business? Track your daily activities

The best way to ensure that you can find more time in your day to focus on growth is to eliminate non-core responsibilities from your schedule. The problem is that you may not be able to identify which tasks you can delegate or outsource. The solution? A time audit. Use the following infographic to find out how to determine the ways that you're spending time.  
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What startups need to consider before forming a board of directors

​A board of directors helps oversee the activities of a company or organization. Publicly held companies have to have a board of directors, while private companies don't.That begs the question for many startups as to whether or not they need a board of directors, and if so, when? There are many reasons this is a good idea for most startups. So, for the purposes of this article, let's say you do need one.In this case, we look at what startups need to consider before forming a board of directors.B...
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Infographic: which business type suits your startup?

From LLC to C corp to cooperative and beyond, there are myriad business structures available to you when making your startup official. To help make the decision easier, we've created a simple infographic with the basics of each business type.   Courtesy of Escalon Services
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5 marketing mistakes small businesses must avoid

The world of marketing is evolving, and it's a continuing challenge to ensure that your business gets the exposure it needs to thrive. Check out five marketing mistakes that you should avoid if you are looking to get the word out about your firm.   1. Counting on your marketer to solve all your problemsYou may have brought on the best marketing professional in town to handle your needs, but that person can't overcome fundamental issues if you have them. Poor products or services, a bad repu...
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5 disadvantages of seeking venture capital

As a new or young company, seeking to fund your startup, it seems pretty straightforward that venture capital would be a good option.Yet, while there are many advantages to it, we're going to look at five disadvantages of seeking venture capital, and why it might not be right for your business. #1: You may lose controlBefore you get venture capital, you (and your partners) have total control of your startup. After you get funding, you transfer part of your control to your investors.This mea...
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How startups can approach office design

One of the best things about starting a new business is picking out an office location and setting it all up.It solidifies your position as a growing startup and puts you on the path to success.In this article, we look at how startups can approach office design to maximize your space and the potential of your staff.Why is office design so important? One study shows that the design of your physical workplace is one of the top factors affecting employee performance and job satisfaction.Because of ...
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Top 3 obstacles entrepreneurial women must overcome

It's worth noting that while startup life is obviously never easy, tackling it head-on as a female entrepreneur presents its own unique set of challenges. Thankfully, we are at the cusp of a shift, and these obstacles should soon be a thing of the past. But until then, here are three hurdles worth looking out for, and how to leap over them.  ​[Read full article on Entrepreneur]
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How startups can provide feedback to employees

Startups are uniquely poised to create their own company culture right from the outset.As a new business, you can set the tone for your culture through your own employee morale. There are many things you can do to set the tenor of your business, and one such way is through your feedback process.Let's look at how startups can provide feedback to employees.Why feedback is importantFrom the beginning days of your startup and in your employee onboarding, it's important to let your new team members k...
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Why startups should offer retirement plans to their employees

Many startups and small businesses think offering their employees a 401(k) plan isn't in the cards. The budget is tight, most startups think they're too small, and they don't think they can afford the administrative care.This is no longer true. It is possible for your startup to provide a retirement savings plan, and it can be affordable.In this article, we look at why startups should offer retirement plans to their employees. You'll attract top talentYou're more likely to recruit and hire ...
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