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If you think your small business isn’t affected by what happens on the stock exchange or by global events, think again. Like the metaphorical ripple effect of a pebble being dropped in a pond, seemingly small changes elsewhere can have great repercussions anywhere.
Effectively sourcing, hiring, and keeping employees in today’s dynamic labor market is challenging to say the least. But that doesn’t mean it’s impossible.
Here’s how your small business can attract and retain top talent, now and in the future.
These are interesting economic times, with a variety of challenges facing small and medium-sized businesses. There are, however, also opportunities for entrepreneurs best suited to pivot and take advantage of complex and adverse circumstances.
Adding a business partner to your company structure is a pivotal, strategic decision that can have positive or negative consequences. Determining whether this is the time to form a partnership depends on several factors, including your areas of expertise, specific goals, and who you’re considering bringing in. Knowing the pros and cons is the key to making the right decision for you and your small business.
What may have started as a one-person operation has now grown into a small business that requires additional labor. The options are to hire employees or outsource the work to an agency or independent contractor. Here is some perspective that can help you decide which might be the best fit for your company.