Archive for October 25th, 2004
How Much Does An Employee Cost
Joe Hadzima: “Although you can’t control the hiring process exactly you can understand the economic metrics of what you are doing and that can help you avoid some really unpleasant results.” According to Mr. Hadzima, the costs of an employee include: Recruiting Expenses. Basic Salary. Employment Taxes. Benefits. Space. Other Equipment.
Small Business Owners Work More Hours
PowerHomeBiz: “For most entrepreneurs, owning a small business means working longer hours than everybody else. The average small-business owner works 52 hours a week, according to a 2000 study by New York marketing firm Willard & Shullman. Meanwhile, May figures from the U.S. Bureau of Labor Statistics indicate that the average American production employee puts [...]
76% of Small Businesses Don’t Fail
U.S. Department of Labor: “Although many people believe that 80 percent of all small businesses fail within five years, statistics from the U.S. Census Bureau reveal a different story. The Census Bureau reports that 76 percent of all small businesses operating in 1992 were still in business in 1996. In fact, only 17 percent of [...]
Three Truths About Business Online
Sydney Johnston: Truth #1: No one can “give” you, or me, a successful business. Truth #2: It ain’t easy, folks! Truth #3: Building a business will cost some money.
This week’s Carnival of the Capitalists is up at Barry Ritholtz’s The Big Picture.
Secret Service: Hidden Systems That Deliver Unforgettable Customer Service
John Moore: “If you are a small business owner … BUY THIS BOOK. Dijulius (the author) is much better small business owner than he is a writer. However, he shares great real-world tactical ideas for imprinting a customer-first culture in a small business. Dijulius also gives actionable insight on how to empower front-line employees, how [...]
This morning I finished updating my blogroll. There are now 215 other weblogs to browse if you’re bored of me. I’ve also added this neat map that shows the approximate physical location of visitors to the weblog. If you recognize yourself in the map, please drop me a line and say hello.
