The landscape of small businesses has undergone a significant transformation with the advent of remote work. Initially, this shift was met with skepticism, but it quickly became a necessity for survival and continuity. Small businesses, known for their agility, adapted swiftly, setting a precedent for an operational paradigm shift. This change brought forward both challenges and opportunities, reshaping the way […]
The Impact of Remote Work on Small Business Operations
Balancing work and personal life as a small business owner
Introduction: Finding the Right Work-Life Balance As an entrepreneur, it can often be difficult to find and maintain a healthy balance between your personal life and professional goals. You might feel like you need to put in long hours to get ahead, or struggle to prioritize yourself and your wellbeing. But achieving a healthy work-life balance is essential to avoiding […]
IB Business and Management course: developing the skills and mindset for small business success
Introduction: Unlocking Small Business Success With the International Baccalaureate Business & Management Course This guide is designed to help you unlock the potential of small businesses and start-ups by teaching the key skills and mindsets needed to succeed. Through this comprehensive guide, you will explore the International Baccalaureate Business & Management (IBBM) course and the benefits of studying it, discovering […]
What is Malware?
Malware is a blanket term for unwanted software that harms a computer. Some are codes, files, and malicious links that infect networks. Worms and viruses like Trojan horses that gain access to a single computer or a whole system… the list goes on. This is one of the cybersecurity terms you should know. It’s a category under the header: “What is […]
12 Mind Map Examples to Inspire You
Mind mapping has become an indispensable tool for organizing and developing ideas. Through the use of graphics, charts, and diagrams they help to organize and develop ideas. As such, more businesses are using mind mapping techniques for seeing the big picture, brainstorming, planning projects, and decision making. The technique allows you to organize ideas beyond a simple list, enhance time […]
10 Red Flags That May Indicate Your New Hire Is a Bad Fit
All new hires should be given a fair chance to acclimate to their new position and get used to the way things are done within your company. However, after some time, you may start noticing signs that the onboarding period simply isn’t going well for your new employee. So how can you tell if it’s just new-hire jitters or if they’re not […]
20 Ways to Communicate Effectively With Your Team
Effective communication in the workplace is imperative in a leadership role. An age-old aphorism goes, “It’s not what you say, but how you say it.” Good communication is what separates a poor leader from an exceptional one. Having effective communication skills is the key to good leadership. When you communicate well with your team, it helps eliminate misunderstandings and can encourage […]
Should Freelancers Establish Themselves as an LLC?
Are you considering forming an LLC for your side hustle or freelance business? Research from Upwork says 59 million Americans have done some freelancing this year during the pandemic. Small Business Trends contacted Dustin Ray who leads business development and growth initiatives at Incfile. We wanted to find out why freelancers should consider forming an LLC. Ray started with an explanation of the […]
How to Create an LLC
What’s the most common business filing in the United States for nearly 20 years? It’s the LLC, or Limited Liability Company. There are reasons for the popularity of LLCs. Here are three main reasons: Flexibility – There are options for how one is formed. There are options for setting up how it will be taxed. Protection – Another reason is […]
What is an LLC?
LLC stands for Limited Liability Company. Many business owners are drawn to forming an LLC because of that business entity’s most attractive feature: An LLC provides protection for the personal assets of owners and members. Is an LLC the right choice for your business? Let’s explore the business structure – its pros and cons – so you can decide. What […]