7 Exercises You Can Do at Your Desk
If you sit for hours on end during the workday and find it difficult to fit the gym into your schedule, you might be damaging your health. You can get a workout at your...
Workful | Your Small Business Resource Blog
3 Reasons Geolocation is Important for Tracking Your Employees’ Time
Geolocation uses a device, such as a phone or tablet, to pinpoint a location. To setup geolocation for tracking your employees’ time, you’ll enter your business’s address and how close you want your team...
Should I Diversify My Customer Base?
Deciding whether to diversify your customer base is a difficult decision. If you don’t diversify, you run the risk of losing money if your target market loses interest in what you have to offer....
7 Things to Include in Your Time-Off Policy
A time off policy can minimize any misunderstandings your employees have about time off given. It allows you to explain the rules and expectations about how much time your employees are to work and...
Tax Form W-9: Taxpayer Identification Number and Certification
This article was last edited on 02/18/2020. For updated information on Form W-9, visit https://www.irs.gov/forms-pubs/about-form-w-9. You’ll use Form W-9 is used to request the taxpayer identification number (TIN) from any person or corporation you plan to...
5 Tips for Managing Your Inventory
Inventory management is the process of tracking your products to ensure you have the right amount of each item at the right time. It includes ordering, storing, tracking, and selling your goods. Managing your...
Make Better Decisions in 6 Easy Steps
As a small business owner, you make multiple decisions every day. From finances and strategy to staff, and operations, you’re expected to call all the shots. It can be stressful, especially when you need...
Am I Exempt from Federal Withholding?
If you’re exempt from federal withholding, your employer will not withhold federal income tax from your paychecks. They’ll still withhold Social Security, Medicare, and state and local income taxes. According to the IRS, you...
How to Do a SWOT Analysis of Your Competition
If you’ve ever conducted a SWOT (strengths, weaknesses, opportunities, and threats) analysis, then you know that it can help with your strategic planning. The analysis gives you a clearer picture of where your business...
What’s Minimum Wage in My State?
This article was last edited on 1/3/2020. For updated information on state minimum wage laws, visit https://www.dol.gov/agencies/whd/minimum-wage/state. The federal minimum wage is $7.25 per hour. Each state, however, may have a different requirement. State...