October 2017

An Income Conveyor Belt: How to Build Passive Income

Business Ideas, Capital Sources, Entrepreneurs, Ideas, Marketing, Online Businesses, Running Your Business

Passive income is everyone’s ultimate dream, right? Having passive income is like having an income conveyor belt that allows you to make money for your business while you do absolutely nothing. However, achieving the reality is far from easy. Being able to rely on a passive income requires hard work upfront. There is no magic switch you can install on your business’s website. You’ll have to be willing to do the work in the beginning and keep things running with routine maintenance after that. That’s because if there’s a chink in the chain, that chain isn’t moving at optimum speed. And speed is essential to keep your business’s passive income running along. Here are a few methods to help you get started.

An Income Conveyor Belt: How to Build Passive Income Read More »

Direct and Indirect Costs Involved in Workplace Accidents

Productivity, Running Your Business, Workplace Safety

Accidents are among the worst things that can happen at your workplace. Things can be even worse if you are running a workplace that is especially dangerous. For example, if the work space you are running is in a warehouse, the likelihood of a workplace injury is higher than if you were running an office. That’s why it’s important to follow some business safety tips. Whenever there’s an accident in the workplace, there are indirect and direct costs to your business. Keep reading to educate yourself about these costs.

Direct and Indirect Costs Involved in Workplace Accidents Read More »

Using Freelancers in a Small Business: The Pros and Cons

Business Ideas, Entrepreneurs, Running Your Business

One of the ways that many small businesses can be flexible when it comes to spending is by relying on freelancers for some tasks. In this article, we discuss some of the pros and cons of using freelancers.

Using Freelancers in a Small Business: The Pros and Cons Read More »

How to Get Tax Breaks Before You Even Start Your Own Business

Business for Beginners, Business Ideas, Capital Sources, Entrepreneurs, Running Your Business, Starting A Business

Many people who are starting up their own business know about the tax breaks they can take advantage of once the business is up and running. But it’s possible that these same entrepreneurs aren’t aware that there are tax deductions that are specific to the startup phases of a business. Tax laws are sympathetic to beginning businesses. That’s because they see certain expenditures during this time as investments for the future.

How to Get Tax Breaks Before You Even Start Your Own Business Read More »

Don’t Let a Glitch Cause Your Business Monetary Loss

Capital Sources, Running Your Business

In 2015, Starbucks suffered a loss of more than $4 million because of a simple glitch that prevented sales during the course of a few hours on a busy day. The malfunction affected them internationally (between Canada and the USA), which multiplied their monetary loss. This loss was triggered by a simple and easily avoidable malfunction. That is, despite being such a large corporation, it is clear that they did not prioritize their point of sale (POS) system. Luckily, business owners have ways to grapple with and even anticipate such a glitch.

Don’t Let a Glitch Cause Your Business Monetary Loss Read More »

Paying Your Fair Share: A Guide to Paying Taxes as a Freelancer

Business for Beginners, Business Ideas, Entrepreneurs, Home Based Business, Online Businesses, Running Your Business

If you’re currently in the process of moving from a full-time job into becoming a freelancer, you’re probably experiencing changes in every aspect of your life. The way you file taxes is also changing. Instead of having taxes deducted from your income, you now must navigate paying taxes as a business owner. Most people have the same questions about getting started on paying freelancer taxes. Here are some of the most common ones.

Paying Your Fair Share: A Guide to Paying Taxes as a Freelancer Read More »

15 Fun Activities You Can Do with Your Employees

Business Ideas, Ideas, Running Your Business

Midwinter is the season for fun activities, so plan some enjoyable entertainments for your office staff during the holidays. While you might not have the budget for some of the activity ideas on this list, that’s okay. Get creative with the budget you do have, because it won’t be any fun if you have to be miserly about it.

15 Fun Activities You Can Do with Your Employees Read More »

Credit Cards: Reliable Reviews for Your Small Business

Business Ideas, Capital Sources, Ideas

Credit cards get a polarized reaction from many small business owners. They either view credit cards as a great opportunity or a trap. It’s true that there are certain pitfalls. However, there are benefits to financing a business with a credit card if you pay careful attention and invest wisely. Here is a list of top-rated credit cards.

Credit Cards: Reliable Reviews for Your Small Business Read More »

10 Productive Skills You Can Learn Online

Business for Beginners, Online Businesses, Opportunity

In this day and age, not knowing how to do something is a poor excuse. There are literally hundreds—possibly thousands—of articles that show you, step by step, how to do something. Popular sites like YouTube play host to hundreds of how-to videos and tutorials. We could probably even say we live in the “information overload” age. There is so much information out there. So let’s take a look at some valuable skills you can learn online!

10 Productive Skills You Can Learn Online Read More »