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As an entrepreneur or small business owner, there are many things you worry about. But one of the scariest has to be the possibility that a competitor — a big one — will come along and disrupt your market. It’s the age-old tale of David and Goliath, except the giant wins pretty much every time in the real world.
Under the False Claims Act, employees are encouraged to file a lawsuit against the company they work for on behalf of the government if they believe fraudulent behavior is happening. Through acting as a whistleblower, the employee holds the company responsible for acting fraudulently and can receive a piece of the government’s recovery.
Since business insurance isn't generally a requirement, it's quite common to see companies go without coverage all year. Although this is a viable strategy when trying to cut down on operational costs, a personal injury that occurs on your property could wreak havoc on even the most fundamentally sound budgets and financial plans.
If efficiency is your goal, then Kanban is hands-down the way to go. It follows the concept of continuous improvement, and can push your development cycle to its full potential. In Kanban, you’re encouraged to improve everything about your normal business processes, all the way from development to the shipment of your final product. The solution is simple.
As the holidays approach, more and more people will be gearing up to shop on the internet. Whether you’re new to online businesses or not, it’s crucial you keep your thumb on e-commerce trends. After all, 51 percent of shoppers now make their purchases online, and even brick-and-mortar giants like Target and Wal-Mart are losing sales to Amazon.
Although the exact number varies from week to week, there are more than a billion websites in existence. Each and every day, you are competing with established giants as well as newcomers on the World Wide Web, all hoping for the attention of potential visitors. Creating content regularly is key to attracting site visitors.
There are 1,440 minutes in 24 hours, though it’s amazing how fast that time can seem to fly by. This is especially true when you’re spending the bulk of your waking hours at work, as well as commuting there. Finding any free time can feel impossible. In the mornings, you’re rightfully focused on waking up, bathing and getting some sustenance in your body before departing for your job.
Tick tock. Time is running out. The new federal overtime regulations go into effect December 1, 2016. Starting then, most white-collar employees whose weekly salaries are lower than $913 are eligible for overtime pay. As a result, the Department of Labor estimates employers will distribute almost $1.4 billion more in salaries and overtime. That’s a big change.
Creating and implementing a marketing plan are good first steps to boost your business, but it’s also necessary to measure whether your tactics are working as expected. Some business owners try a marketing technique for a too-brief period, and potentially miss out on lucrative opportunities due to impatience.