Leading by Example: 10 Practical Tips for Small Business Owners

Your actions and habits as a small business owner have a significant impact on your employees and the overall success of your venture. Leading by example is a strong method that may inspire and encourage your staff, promote a healthy work culture, and drive business success.

All-women small business leadership team

Here are some helpful hints for leading by example:

1. Set Clear Expectations

Clearly communicate your expectations to your team members. Outline your vision, goals, and values, and ensure everyone understands what is expected of them. When your team knows what success looks like, they can align their efforts accordingly.

2. Practice Empathy and Respect

Demonstrate empathy and respect towards your team members.…

Continue reading

 Why You Should Hire an ERC Consultant

The COVID-19 pandemic has impacted the hospitality industry in a significant way, causing many businesses to face challenges such as decreased revenue, increased expenses, and decreased occupancy rates. In response to these challenges, the government has introduced several economic relief programs, including the Employee Retention Credit (ERC) refundable tax credit, which can provide significant benefits to hospitality businesses.

Employee Retention Credit (ERC) tax credit refund

The ERC is a refundable tax credit that was introduced by the Coronavirus Aid, Relief, and Economic Security (CARES) Act in March 2020. The credit is designed to provide financial relief to businesses that have been impacted by the pandemic and incentivize them to retain their employees.…

Continue reading

Best Practices for Implementing a Buy Now Pay Later Solution    

In today’s fast-paced and dynamic retail environment, providing flexible payment options to customers is more important than ever. Buy now pay later (BNPL) solutions have become increasingly popular among consumers, especially those who prefer to spread the cost of their purchases over time. As a result, many retailers have implemented these solutions to improve customer satisfaction and increase sales.

BNPL

However, implementing a program requires careful consideration and planning to ensure its success. This article will discuss the best practices for implementing a BNPL service.

Choose a reputable provider

Choosing a reputable BNPL provider is crucial to the success of your service.…

Continue reading

Creative Resume Formats to Capture Employers’ Attention

Standing out is crucial in a job market saturated with talent. But doing so without going overboard can be tricky.

Creative resume writing

Including measurable results in your bullet points is another way to show hiring managers your value. They care less about what you did at a job and more about your work’s impact.

1. Use a Header

When it comes to your resume formatting, you only get 6.25 seconds to convince the recruiter that you’re worth a full review. And a well-written header is an effective way to make this happen.

Use a headline that showcases your skills and experience or a summary statement that shows you are the perfect candidate for the position.…

Continue reading

Tips for Starting Your Own Accounting Firm

Giving thought to starting your own accounting firm? Maybe you have and are already resolved to do so. If that’s the case, there are plenty of next steps that need to be taken to get the goal from idea into working, profitable action.

Accounting firm

Along with choosing what the business structure might look like, marketing for clients, finding an office and getting caught up on all the legality, there is a list of things that need to be in order for an accounting business to run smoothly.

Starting a CPA, just like any other business, can be a lot of work, but having the knowledge of what to attend to and a basic order to prepare things will save a lot of time, money, and energy in the long run.…

Continue reading

Common Growing Pains of Scaling Independent Nursing Practices

Becoming a nurse practitioner or another type of advanced practice nurse opens up lots of exciting career opportunities and possibilities, including entrepreneurship within the healthcare field. Independent nursing practices are growing in popularity as advanced practice nurses gain more autonomy.

Independent nurse practice

photo credit: Laura James / Pexels

Nurses who open their own practices have the opportunity to be their own boss and build a work environment that suits their personal style and care philosophy. If they are successful and start to build a strong following of patients, scaling the business can become a necessity. However, that can come along with some growing pains.…

Continue reading

The Ultimate Guide to Building a Small Business Website

In today’s digital age, having a website for your small business is essential. It helps establish a strong online presence and allows you to reach a wider audience and increase your customer base. However, building a website can seem daunting, especially if you have no technical expertise. Luckily, there are website builders specifically designed for small businesses that make the process easy and affordable.

Website builder

In this article, we will provide the ultimate guide to website builder for small businesses.

What is a Website Builder?

A website builder is a tool that allows users to create and publish websites without needing any coding knowledge.…

Continue reading

Tips for Finding the Right Business Phone Service

When running a successful business, having reliable communication is essential. That’s why finding exemplary business phone service for your needs is crucial.

Business phone service

In this article, we’ll discuss what a business phone service is, how to choose the right one, and the features to look for in a service. We’ll also cover the top business phone services, what type of customer service you can expect, and conclude with some tips to help you make the right choice.

What is a Business Phone Service?

A business phone service is a system that allows businesses to make and receive phone calls using a voice-over-IP (VoIP) system.…

Continue reading

Best Practices for Building a Culture of Innovation

Creativity is an essential part of any successful business. It helps employees find new ways to solve problems and develop solutions that make their organization unique.

Innovation culture

Managers must establish a culture supporting employees’ creativity to foster a creative work environment. This can be done through collaboration, open communication, and supporting risk-taking in the workplace.

Encourage Collaboration and Cross-Functional Teams

Creating a culture of innovation in the workplace is essential to your company’s success. This culture can boost productivity, enhance work satisfaction and help your company stand out.

Leaders like what Shohreh Abebi Exec VP, did must encourage collaboration and cross-functional teams in the workplace to foster a creative culture.…

Continue reading

Three Ways to Plan Ahead for a Successful IPO

If you dream of taking your startup public one day, the time to start planning for your IPO is now. That doesn’t mean that you need to form a committee and set a listing date. It just means that you must constantly be cognizant of the factors that can influence IPO success rates.

IPO

Decisions you make now can affect your IPO in the future, whether it’s two years from now or twenty. You can begin to lay a solid foundation for public success by utilizing three simple strategies to plan ahead.

Focus on Steady Growth

Once your company decides to go public, you’ll face a myriad of complicated steps to complete, decisions to make, and regulations to follow.…

Continue reading