Operations

When Lisa Su was 10 years old, she used to take apart her brother’s remote-control cars and put them back together. Three decades later, the electrical engineer-turned-CEO took charge of chip maker Advanced Micro Devices as its stock plummeted. She…

Adaptation: that’s how small businesses survived – and even thrived – during the pandemic. Real-world shops and services moved online. Ecommerce businesses diversified, refining their shopping experience to stay competitive. The answer for many of these small businesses was a…

Running a small business comes with a lot of liability, no matter what industry you work in. Even the most optimistic entrepreneur should be prepared for worst-case scenarios. A survey by The Wall Street Journal found that nearly 25% of…

Specific jobs will always require staff on hand to get the job done. The construction crew can't get much done at home, and your Starbucks coffee isn't going to brew itself. Yet in today's work world, many employees don't need…

Do you run a business with your family members? If so, you’re not alone. Family-owned businesses are a key part of the U.S. economy. According to SCORE, family-owned businesses employ 60% of the U.S. workforce and create 78% of all…

Second Annual Small Business Community Impact Survey As a small business owner, you’re likely very aware that small businesses are important to their local communities. Americans recognize the importance of this support with Small Business Saturday, which has become a…

Did you know that the average cost of staff turnover can be as high as $5,864 per employee? Get off on the right foot with your employees by creating a seamless onboarding process for your small business. This sets them…

Hiring successful employees as a small business owner can be difficult. If you’re a restaurant owner this can be especially tricky, as the food services industry tends to have high staff turnover. However, there are a few ways you focus…

Offering benefits as a small business owner can be expensive – you don’t get the same economies of scale that larger corporations have. It becomes more cost effective per employee to offer a 401(k) plan or health insurance when you…