Your Small Business Doesnt Deserve To Succeed!
Posted on November 22, 2008 - Filed Under Business | Leave a Comment
Ninety-eight percent of "small businesses" are like this: Everyday, a fisherman and his son went out to sea in their tiny boat. Everyday, the old man would cast his net over the side of his boat and pull up a handful of scrawny fish. And, everyday the man said to his son, "Son, see that fleet of big fishing boats? That's where the fat fish are. Keep bailing the water so we don't sink and some day we'll have fleet that large". Do you think the man's dream would come true? Certainly not if he was casting his net while his son bailed water! That's a funny story but a similar situation happens every day in business: "Small businesses" dream of becoming large but fail to take the necessary steps to grow. Those businesses don't deserve to succeed. And statistics tell us that they likely won't live past 5 years.
Budgeting Is As Easy As 1-2-3
Posted on October 25, 2008 - Filed Under Finance | Leave a Comment
Establishing a budget to can help you save the money you need to start a small business, buy your first home or send your children to college. You might think that you don't need a budget and can save money without one, but everyone can benefit from a budget. Have you ever started the day with $20 and, at the end of the day, not known where it all went? If so, you might want to develop a budget.
A budget simply is a tool to help you understand where your money goes. If you own a business, knowing how to budget will help you understand how money flows in and out of your business. There are three steps to creating a budget:
Business Trends – Office In A Box And Cutting Cost (and Cutting Value)
Posted on October 8, 2008 - Filed Under Business | Leave a Comment
The rapid uptake and saturation of technology in the 21st century has seen the growth of more small business owners. One of the major contributing reasons for this has been the globalization of business from the influence of the Internet. With business now able reach out to potential clients and customers from all over the world, small businesses are becoming easier to operate, because of the larger market share they now have access to, and the key technologies developed simplifying (and automating) the operational activities of the business.
Payroll Outsourcing Costs
Posted on September 30, 2008 - Filed Under Business | Leave a Comment
Payroll outsourcing costs are negligible when compared to the expenditure incurred in processing payroll with in-house staff. According to statistics, 40% of the entire administration time of a small business concern deals with payroll processing. Payroll outsourcing is a cost–effective solution for proper profit management. The cost of outsourcing is based on the specific services provided. Most of the companies offer some basic packages as well as advanced versions. The price of the package varies with the added advantages.
Payroll outsourcing costs depend on the printing of checks also. An extra amount is charged for printed check delivery to the client. In addition to a basic account charge, the cost of a check on average is $2 to $3. Each additional function is charged nominally. A small business will likely have to pay $3 to $5 per check for a full service solution.
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