If your business runs on a calendar year, your fiscal year ended this week. Here are some common year-end adjustments that may need to be made to your books. Retirement Plan Contributions If cash is available at year-end, it’s a great idea to maximize the allowable deductions for the retirement plan you qualify for. One […]
Author Archives: Cindy Hovig
If you’re looking for ways to boost your productivity, technology is a great place to start. The good news is there are many free options available. Here are five favorites you might not know about. 1. Bridge lines. There are many high-quality teleconference lines that are completely free. You can have several people, even hundreds, […]
If you have an endless to-do list, you’re not alone these days. Most of us are constantly looking for ways to work smarter and get more done. Here are six quick tips to help your productivity so you can go home early. 1. Group tasks If you have lots of errands to run during the […]
You’re sitting in a room with 30 other business entrepreneurs. Each of you has one minute to introduce themselves to the group. You are number 25 to speak. Will anyone listen? What can you do or say to catch your peers’ attention, be memorable, and have them approach you for business? Most importantly, what can […]
When was the last time you praised your employees or contractors? Hopefully, you’ve developed the good habit of frequently praising your team members, and if you haven’t, you’re certainly not alone. Most of us do not get enough praise, so there’s a strong likelihood there’s room for improvement when it comes to recognition of a […]
One of the main reasons clients leave is because they feel ignored. The cost of ignoring clients is high; you have to do more marketing and replace those clients when they leave. The antidote to this is easy: just stay in touch more with clients, and let them know you care about them and their […]
As a business owner, you have likely acquired many skills and are wearing many hats in your business. Although admirable, your versatility can often lead to slower growth for your company. This happens when you become the bottleneck. Here are five places to check to make sure you haven’t become the bottleneck in your own […]
Just about everyone suffers from a lack of time to do all the things they want, or even need, to do in their business. One of the solutions to freeing up your time is to delegate. The question is, what are the most effective tasks to delegate? Here are ten ideas for you to consider […]
Each month, you may anxiously await the reports that provide the numbers that help you manage your business. Revenue, net income, total expenses, and payroll costs are just a few of the items that you may be monitoring on your profit and loss statement. Those numbers will help you meet and improve your business goals, […]
It is always a good idea to help employees stay motivated, and there are many things you can do besides the traditional cash bonus. Here are twelve ideas that cost little, yet go a long way with employees, contractors, and other business associates. 1. Compressed workweek. Employees love getting Friday afternoons off, or even a […]