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Firing Underperforming Employees in Your Small Business
Here are a few tips on how to hand out pink slips when it comes time to terminate an employee.
As a small business owner with employees, you will likely find it necessary one day to terminate an underperforming employee – if you haven’t...
Small Business Loans for Women
The Small Business Administration states that business loans for women are on the rise, and will continue to be needed on an increasing basis in coming years. Business loans for women are more popular than ever due to a variety of factors.
1....
Small Business Owner's Note: MSN Releases It's Own Search Engine
Several months ago, MSN began to beta-test its own search engine. Previously, MSN had been using search results from Yahoo.
This month, MSN has gone live with its own search engine.
What does this mean for you, a small business owner?...
Small Home Business: Why People Don't Buy From You
10 Reasons Why People Don't Buy From You Are the sales in your home business less than you want? The likely answer is a resounding ‘yes’! All of us want to increase our sales and many of us spend endless hours in lead generation. Rather than...
Stop Slacking and TAKE ACTION!!: Tid-Bit-Tips For Online Success
Do you want On-line Success?
If you want to succeed online, you have to do something. (Advertise, Market, Joint Venture, product development) Doing something and failing is a lot better than not doing anything at all.
You see if you make a...
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Small Business Disaster Preparedness: How to Survive a Catastrophe
"Disaster preparedness" sounds dry, even dull ... until your
business takes a major hit from circumstances beyond your
control. The sudden devastation shakes you to the core. What do
you do?
According to The Gartner Group, an IT industry consulting firm,
four out of ten businesses hurt by disaster never get back on
their feet. Two out of ten more go out of business within two
years after a catastrophic event. The numbers are even more
staggering for small and micro-businesses.
Ironically, smaller companies and home-based businesses are in a
better position to recover quickly - IF they've taken a few
steps in advance to prepare. You can't stop the force of nature.
But you CAN keep your business from becoming another statistic!
Here are three fundamentals to greatly increase the odds that
your small business will survive a disaster:
1. Back up your data. Computer files and sensitive papers
are irreplaceable once they're destroyed. If you work at home,
copy your files daily and place the back ups and important
papers in a fire- and water-resistant safe. Most small
businesses don't do this! But you must if you intend to quickly
resume operations after the moment passes. If possible, keep
your back ups in a separate location from your office.
2. Insure what you can't afford to lose. This usually
elicits a "sure ... right!" from home-based business
operators,
especially early in their new careers. But can you afford to pay
the replacement costs yourself? Also, make sure to keep updating
your inventory and equipment list so that you can later prove
your claim. Keep that list in your safe as well.
3. Network to cover your customers during your down-time.
Make friends with other business owners who provide the same
services that you do. Contrary to popular belief, you will
likely gain your customers' loyalty by helping them meet their
needs elsewhere until you're back in service. And if you think
about it, they'll have to go elsewhere anyway while you're
putting things back together!
These three steps - backing up your data, insuring what you
can't afford to lose, and networking with other service
providers - will protect your business from most unnecessary
harm due to disaster. They won't cover everything but they will
get you to "higher ground" if the unthinkable happens.
You can't plan for everything. But most businesses that succumb
to catastrophe do so because they missed the basics. The
terrible moments always pass. Will your business still be
standing?
About the author:
Michael Riley is a freelance business writer who specializes in
trade press and association publications. For expanded
information on this topic, please visit his website, www.bymichaelriley.com
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| United States Small Business Administration |
| An electronic gateway of procurement information for and about small businesses. Search engine for contracting officers, marketing tool for small firms, ... |
| www.sba.gov |
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| SBA |
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| www.sba.gov |
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| Main Page - SmallBusiness.com - Small Business Resources |
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| www.smallbusiness.gov.au |
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| Business & Small Business |
| Online and print small business publication. Information to help start, grow or manage a small business. |
| www.entrepreneur.com |
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| Microsoft Small Business Center |
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| The Small Business Advisor - advice for starting and operating a ... |
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| SCORE "Counselors to America's Small Business" |
| A nonprofit association dedicated to encouraging the formation, growth, and success of small business nationwide through counseling and mentor programs. |
| www.score.org |
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| Small Business and Self-Employed One-Stop Resource |
| IR-2006-2, January 3, 2006 - Temporary and proposed regulations will significantly reduce tax filing burden for nearly 950000 small business owners. ... |
| www.irs.gov |
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| Welcome to Small Business BC your business resource in British ... |
| BC Business Services offers assistance and resources for those running or starting a business in British Columbia and Vancouver. |
| www.smallbusinessbc.ca |
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| Small Business Service | Home |
| Provides information and advice to help small businesses realise their potential. |
| www.sbs.gov.uk |
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| NSW Small Business |
| A site developed by the NSW Department of State and Regional Development for small businesses. Topics include management, resources, current issues and ... |
| www.smallbiz.nsw.gov.au |
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| Business Management & Advice: Small Business Resources & Information |
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| Small Business Funding Opportunities (SBIR and STTR) |
| Links to Small Business Funding Opportunities and SBIR / STTR Applications. |
| grants.nih.gov |
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| Microsoft bCentral Small Business Directory |
| Directory categorized by industry with company business card feature. |
| sbd.bcentral.com |
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| Our site has moved! Please update your bookmarks! |
| Facilitates the sharing and exchange of information among small business development centers, the small business administration and other business-oriented ... |
| sbdcnet.utsa.edu |
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| Small Business Development Corporation |
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