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High Unemployment Creates Hiring Challenges

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While a higher level of unemployment increases the potential pool of applicants for a position, they might not all be qualified. Applications Can Become Overwhelming The number of applications a business owner receives for an advertised job opening can be much larger than expected. There are at least two trends contributing to this. With online applications, job seekers are finding it easier than ever to apply for a position. With higher than normal unemployment, there are now more people than ...

Find the Best Small Business for You

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Be sure you know what you want out of the experience before you put any time into developing your small business. Identify What You Expect One of the most important questions you should consider before dedicating any resources to a small business is to consider why you want to start a small business. Almost any reason would be acceptable, but it is important to define the reason first. If you want to be your own boss, that might be possible, but may require you to work more hours than you ...

How to Build Better Relationships With Your Employees

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In the competitive world we live in, it isn’t enough for a small-business owner to be a good boss; for a company to reach its potential, the talent of the employees who work for the boss is nearly as important. Still, there’s a difference between a supervisor who “manages” his or her staff, and one who works with them to get the most out of each individual. While it’s one thing for someone in management to say they want to build better relationships with their employees, it’s quite ...

Must-Have Apps for a Mobile Business

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Running Your Business From Your Smartphone Smartphones have changed the way businesses operate. In the old days, when a small-business owner left the office for the weekend or for a vacation, it was almost impossible to keep up with the day-to-day. But since smartphones have entered the scene, small-business owners can stay connected to their business operations 24/7, and from any location where a signal is available. Smartphones have become so ingrained in how business is done, that some ...

Going Green: 4 Apps for Reducing Paperwork in the Office

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How to Reduce Clutter and Increase Efficiency Using Your Smartphone If you are dedicated to the environment and you are looking for ways to make your business greener, you probably cringe every time someone hands you a piece of paper. Luckily, today’s entrepreneurs have options available to them that can help reduce the amount of paperwork being processed in the office. Here are four apps for your smartphone that can help you make some significant headway in turning your office into a ...

Your Time Could Be Limiting Business Growth

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While many business owners feel a lack of capital is holding back their growth, time could be the most critical resource for expansion. Money and Time Are Critical Resources The growth of any small business is generally constrained by resources. Funds are commonly needed for the growth of a small business, and capital is usually the first resource an owner thinks of when considering growth opportunities. This will allow the business owner to finance inventory or facilities, and at least one of ...

Starting a Part-Time Business

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Potential entrepreneurs may lack the ability to commit all of their time to a business. A part-time business could be a bridge to success. Part-Time Businesses Require a Full-Time Commitment Starting a business requires time and money. Many potential business owners may not have the ability to fully commit to the new business because they have financial obligations, and cannot afford to leave a full-time job. This is actually a common concern, but it is not a reason to completely abandon the ...

How SoLoMo Is Changing Small-Business Marketing

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A new marketing buzzword has emerged that sums up, in one word, the new world of marketing in which small businesses are operating. In short, SoLoMo combines three types of marketing: Social Media Local Mobile   Businesses are already aware of all three of these as inevitable parts of any marketing strategy. But SoLoMo is emerging, not as a combination of these three popular marketing emphases, but as an extension of a trend that has become popular in small-business marketing in recent ...

The Pros and Cons of Hiring a Recent College Graduate

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With another wave of college graduations coming this May, a new group of potential employees is set to hit the job market. And as a small-business owner, you need to consider whether any of the newest members of the workforce can help your enterprise. Here are some pros and cons to hiring a recent college graduate that every small-business owner should consider. Pro: They’re Ambitious When hiring a recent college graduate, one thing that is almost guaranteed is that you’ll be getting an ...

Small Business Startup: 5 First Office Essentials

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How to Ensure Your Business Has Everything It Needs in Its New Location Many small businesses have their origins in basements, garages, and bedroom offices. Then, as a home-based business grows, larger, more dedicated space may be eventually required in order to run the company to its peak potential. At some point, a home-based entrepreneur is going to have to decide when it is time to start looking for the business’s first official office or storefront. Making the transition from a home ...