Companies, especially merchandisers and manufacturers, use much of their working capital to obtain or produce merchandise. The decision of how to manage and account for inventoried goods can have profound effects on your cost of operations, the accuracy of your accounting data and your tax bill. You must provide the IRS with accurate valuations for […]
Physical vs Perpetual Inventory Read More
There’s Janet. She’s a director in a company. She walks around the departments of the company each day for about a ½ hour. She tries to give the aura of being knowledgeable about her employees’ jobs by carrying around a clipboard with a bunch of notes on the paper, and having some interactions about what
Gaining Respect of Employees Read More
It happens every year. The holiday season is suddenly upon you, and yet your business is not in optimal condition to take full advantage of this very special time of the year – shopping season! Getting an Early Jump The best way to extract maximum profits from holiday shopping is to have a large inventory
Organize Finances Before the Holidays Read More
No matter how well you run your business, you are never immune to a potential financial crisis, either within your own company or in the general economy. That’s why it makes sense to plan for the worst as you hope for the best. Here are some tips to help you navigate through a financial crisis:
Getting Your Business Through a Financial Crisis Read More
From executives of large companies to small business management teams, the issue of rewarding employees must be addressed. When you think of your top employees, does it pop to mind how you reward them? Maybe you don’t reward your top employees, because their work is just what is expected of them, or maybe you do
Have Employees Run Faster and Jump Higher Read More
Your management style is your management style. Whether it is more of a micromanager, more of a manager who allows a lot of independence, or if you strictly adhere to all rules or if you are more flexible, this list can certainly be endless when it comes to your responsibilities and management style. But it’s
Make your Management Style Effective Read More
You’ve been there, we all have. It’s your first day or work, and you aren’t sure what to expect. You may have seen the office where you’ll be working, and met a few co-workers and your manager, but there is certainly a bit of anxiety surrounding the situation! Now, back to reality – it’s your
How to Make New Employees Feel Welcome Read More
While some managers have no problem delivering negative feedback, for some managers the thought of it is a source of anxiety. The question is where do you fall on the spectrum … you don’t mind, you tremble at the thought, or somewhere in between? No matter where you fall, there is one aspect of delivering
How to Successfully Deliver Negative Feedback Read More
You run a small company. You care about your employees and you certainly want to be able to bring on the best talent out there when the time comes for you to hire additional employees. You offer a pleasant place to work, and you consider yourself a fair employer, actually a great employer! But there
Healthcare Coverage – Important No Matter Your Size Read More
Offer one thing… flexibility. You’ve probably heard the phrase “work/life balance” a lot. When you think about work/life balance and your firm, are you providing an atmosphere where employees feel that this is a concern of yours? Work/life balance is certainly a hot-button issue, and is very, very important to many people in the workforce
Hire AND Keep the Best Employees With a Healthy Work/Life Balance Read More