Disaster Planning & Recovery: Expecting The Unexpected

The debris of Hurricane Andrew, the ashes of the Los Angeles riots, the mud of the 1993 floods in the Midwest, and California’s major earthquakes vividly remind us of the toll – both emotional and monetary – that disasters can wreak on business. While you can’t stop the physical forces of nature, you can plan ahead to mitigate their devastation. Thinking about disasters before they hit can help save a company’s resources, protect the safety of

Boosting Employee Morale

When consultant Roger E. Herman hears small business owners complain that “people go where the money is,” he quickly retorts: “False! All the studies show otherwise.” He points to a Robert Half International survey which demonstrates that “compensation is not the predominant reason why people leave their jobs for supposedly greener pastures.” Instead, asserts Herman, “People are hungry for opportunities to grow into their jobs. They crave advancement, both in position and stature, and in responsibility

Managing Your Business Finances

As a small business owner, you’re expected to be an expert on everything from product management to strategic planning, marketing and finance. But in today’s changing economy, understanding it all is much harder, especially when weighing the many financing options that can make or break your company. When mystery is removed from business finance, entrepreneurs gain the insight needed to seize opportunities, sustain growth, maintain tight control over their company’s direction, and avoid setbacks. Financial planning,

Protecting Your Business & Preserving The Environment

Fact: More than 150 million Americans live in areas where air pollution levels violate federal health standards. Fact: 350 billion pounds of chemicals are produced each year in the United States, or more than 1,000 pounds for every person. Fact: The U.S. produces almost a quarter of the world’s carbon dioxide — the principal “greenhouse gas” that traps the earth’s heat like a blanket and threatens to raise ocean levels, change weather patterns and alter habitats.

Weighing The Pros & Cons: Business Formation

One of the most important decisions entrepreneurs make is how to legally set up their businesses. The choice can be a wise move or a costly mistake with regard to taxes paid, protection from liability, and the amount of resultant flexibility in running the operation. The form of organization selected depends on the following factors: * Legal restrictions * Need for capital * Liabilities assumed * Number of people associated in the venture * Kind of

Substance Abuse In The Workplace

What problem costs the American economy more than $100 billion every year? What problem causes employers to incur a 300 percent increase in medical costs and benefits? What problem is being addressed by large companies but neglected by small businesses? The answer is substance abuse in the workplace, including alcohol abuse as well as illicit drug use. And it’s a bottom line issue that is only getting worse for our nation’s small business owners. Research shows