Defining Corporations Corporations get a bad rap. People seem to think they only destroy Main Streets. But nothing is ever as clear as day or night. Defining corporations and how they benefit communities requires a more in-depth look. What’s A Corporation? The label of corporation refers mostly to taxes. On a basic level, a corporation…
Read More“Shop small.” “Small Business Saturday.” We hear all kinds of chatter about the benefits of running and supporting small businesses. Plus we hear people say small businesses drive our economy. But what does that term really mean and how do these organizations fit into their surrounding communities? A Numbers Game The United States Census Bureau…
Read MoreWe hear a lot about charitable giving, the importance of philanthropy, and why we should support nonprofits. But what do those terms really mean? Let’s take a look at what constitutes a nonprofit and how you can get involved with causes locally. Defining Nonprofit As with nearly everything, the classification of nonprofit relates back to…
Read MoreHow to Create an Open and Honest Work Environment Companies that operate based on facts rather than ego fare much better in the long run. They’re more productive, have a healthier team culture, and overcome setbacks more easily. To talk about work-related issues, employees have to feel comfortable sharing positive and less-than-desirable situations. That means…
Read MoreMandatory Fun and Other Faux Pas Is your party planning committee already discussing ugly sweater contests and company picnics? In recent years, there’s been a lot of discussion about how “forced fun” events at work can actually harm morale. People’s priorities have shifted with the pandemic. Many people prefer to spend time with their friends…
Read MoreEvery business wants to hire the brightest and best employees. But how do we make sure we find them? Expanding the diversity, equity, and inclusion (DEI) of your workforce might not seem like the direct answer. But, in an increasingly diverse general population, studies have shown it’s critical to future success of attracting and retaining…
Read MoreWhich Numbers Matter the Most? We talk a lot about tracking data points, but how do you know which numbers matter the most? Of course, every small business owner should know where they stand financially at any given moment. After all, you need to know you can cover operating expenses or an unexpected bill. …
Read MoreLevel Up Your Goals We’ve talked a lot about planning and goal setting. Recently, your business has achieved one of those strategic goals. Congratulations! Take a moment to celebrate. But then, get ready to level up your goals. Experts say you should set goals that scare you. You need to smash through your comfort zone…
Read MoreHow to Do Good While Doing Well It feels good to do something nice for others, right? Especially when we have a lot of contact with the people benefitting from our good deeds. Small businesses have a longstanding tradition of charitable giving within their communities. In fact, small businesses give 250% more than larger businesses,…
Read MoreTrailing and Leading Indicators When you’re running a business or building its strategies, you have to measure how well you’re doing against your goals. Leaders use key performance indicators (KPIs) to measure progress on where they’ve been and where they want to go. They’ll use both trailing and leading indicators to monitor their success. Trailing…
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