Some will trumpet today’s announcement of a two-tenths of one percent drop in the June unemployment rate as great news, but in fact it just masks the truth of what is happening in the US economy: The administration is breaking the back of the job creators. Once again we’ve seen an unemployment rate drop due […]
This post brought to you by MetLife. The content and opinions expressed below are that of Susan Solovic. I’ve been chronicling the ups and downs of small business optimism for many months and sometimes it resembles one of those championship prize fights where the spunky challenger refuses to be beaten by the champ: He’s […]
Firing an employee is never easy for anyone involved. Not only are there emotional entanglements, there is the potential for legal entanglements – small business owners need to conduct themselves wisely on both accounts. State laws vary, so before you even hire your first employee, get legal advice on firing; as soon as you have […]
Fact: If you don’t delegate, your business will never grow sufficiently. Absent of delegating many of the jobs within your business, the only way to grow the top line is to raise your prices. You could increase sales, but to achieve that in any great measure, you would have convert more prospects, which will take […]
It’s a common problem in a small business: You’re doing fairly well, but you believe that things in sales, marketing, operations (choose one) could be going better. You’re pondering the situation one day when you hear about a rock star from one of your industry’s leading companies who might be willing to join your team. […]