5 Tips for Attracting New Customers
Your customer base keeps your small business surviving and thriving. While it’s essential to keep your existing shoppers happy, so they keep coming back, it’s also crucial that you continue to draw in new...
Author: Workful Team
5 Reasons People Want to Work for Your Small Business
When you’re hiring someone new for your small business, you might be competing with larger companies. But if you advertise the benefits of working for your organization, you can attract people who would be...
6 Ways to Encourage Friendships at Work
You might think that your small business employees will spend a lot of time goofing off and gossiping if they’re friends with each other. Gallup, however, has found that workplace friendships benefit workers and...
How to Depreciate an Asset
When your company purchases an asset, like machinery or furniture, you can write-off the value over time, instead of writing off the asset all at once. Doing this will artificially boost your net income....
6 Things to Consider When Building Your Company Culture
Company culture is not just something that makes your staff feel good about where they work. And, it’s not about putting ping pong tables in the breakroom or hosting an annual summer cookout, although...
How to Perform a SWOT Analysis [Free Download]
A SWOT analysis is a key part of the situational analysis in your marketing plan and helps you develop marketing strategies. A SWOT analysis is a collection of information about internal factors (your company’s...
9 Wellness Program Ideas for Your Small Business
Healthy employees are more productive, show up to work more often, and visit the doctor less. You can encourage healthy lifestyles in your small business by implementing a wellness program. Your wellness plan can...
5 Ways You Can Boost Employee Engagement
Engaged employees are happy and productive because they are enthusiastic about their work and committed to the success of your small business. People who are actively involved in their company are absent less often...
Tax Basics: Form 1099-MISC
This article was last edited on 12/19/2019. For updated information on Form 1099-MISC, visit https://www.irs.gov/forms-pubs/about-form-1099-misc. As a small business owner, you’ll file Form 1099-MISC, Miscellaneous Income, to report funds paid to independent contractors, if you paid them $600 or more during...
7 Sections to Include in Your Business Plan
When you first start a business, having a plan is critical to your success. A business plan is a roadmap of your business’s future over the next three to five years. To be effective,...