(California Chamber of Commerce) The U.S. Department of Homeland Security (DHS) recently announced that it has rescinded the 2007 “no-match rule,” which was blocked by court order shortly after issuance and has never taken effect.
The no-match rule established procedures that employers could follow if they receive Social Security Administration (SSA) no-match letters or notices from DHS that question work eligibility information provided by employees. These notices most often inform an employer many months or even a year later that an employee’s name and Social Security number provided for a W-2 earnings report do … Continue Reading
By Scott Gerber
(Entrepreneur.com) I write Entrepreneur.com ‘s Young Entrepreneur column because I believe there are far too few resources directly addressing the nonacademic trials and tribulations young entrepreneurs face along their journey. Whenever possible, I encourage up-and-comers and established entrepreneurs to mentor the next generation of dream-seekers; for it is this insight and insider education that will provide the foundation for the entrepreneurs of tomorrow. With that, here are 10 pieces of advice that I wish someone had given to me before I launched my first venture.
1. Focus. Focus. Focus.
Many … Continue Reading
Rekindle that startup spirit with agile development
By Darren Dahl
(Inc.com) The first thing you notice when you walk into the Chicago offices of Total Attorneys, which provides software and services to small law firms, is the number of people on their feet. Every morning, the company’s 180 employees gather around the office in groups of five to 10. Close your eyes, take in the often raucous banter and laughter, and it’s easy to mistake Total Attorneys’s headquarters for a college cafeteria. But these meetings, which last for about 15 minutes, … Continue Reading
How Datotel overhauled its employee-appreciation, -recognition, and -incentive programs
By Nadine Heintz
(Inc.com) David Brown thinks it’s important to make his employees feel valued. So Brown, founder and president of Datotel, an IT services and data storage business in St. Louis with 38 employees, was dismayed when he realized his employee-of-the-month program wasn’t helping morale. Recipients didn’t seem enthusiastic about the award, which consisted of a $25 gift card, a perfunctory e-mail, and a mention on the company intranet.
It seems like a simple concept: Make employees feel appreciated, and they will … Continue Reading
The number made in Southern California from April through September rises 50% from the previous six-month period.
By Cyndia Zwahlen
(Los Angeles Times) After crashing to record lows earlier this year, small-business lending in Southern California may be on the mend, though the number of loans is still down sharply compared with recent years.
Lenders made 2,000 local loans backed by the Small Business Administration from April through September, a 50% increase compared with 1,330 loans made in the first half of the government’s fiscal year.
The amount of money lent also climbed about 50%, to $755 million, in the second half of fiscal … Continue Reading
By Angela L.H. Sayers, CPA, MBA
This column ran in Business Insider Magazine’s first issue of 2009
The stock market is extremely volatile and our investment portfolios have plummeted. So how can we keep our businesses running profitably and riding through the recession without too much turmoil? Small business owners have to manage their companies much more effectively than large corporations on Wall Street regardless of the economic climate. After all, small businesses are going to pull our country out of the recession. Here are some points to help your business … Continue Reading
California Association of Business Brokers says know the value of your business
(Sacramento, CA) The California Association of Business Brokers (CABB- a non profit trade organization) says if you are a small business owner looking to sell your business but are waiting for the economy to turn around, use this time to start preparing. One of the most vital steps in this process is to understand what your business is worth.
Ron Hottes, president of CABB and of several Business Team Business Brokerages says that a business broker’s opinion of value can provide you with an objective view of what your business … Continue Reading