Profile of Benjamin Tomkins
News & Commentary Posts: 259
Articles by Benjamin Tomkins
posted in December 2008
The New Year is upon us. This annual switch of the calendar signals the official shift from looking back on 2008 to looking forward to 2009. Looking forward usually takes two forms: predictions and resolutions.
Among the axioms flying around in these bleak financial times is that a recession is a great time to start a business. It's also a time to seize opportunities as competitors retreat and retrench. But whether you're hatching a new business or scrambling to keep the one you already have afloat, bringing 3 things to your business will put you on the path to success.
Best of lists proliferate the last few weeks of the year. Everyone has their take on what ranks and rates for the past 12 months. In the case of the best business blogs, many are great resources for insights, analysis, and tips that you should add to your RSS feed for the coming year.
Right now, maintaining cash flow and solvency dominates many business owners concerns. Yet amid juggling credit, tight budgets, and market uncertainty, business owners can't afford to ignore planning their exit strategy, whether that's through a sale, merger, liquidation, or succession plan.
Looking ahead to 2009, there's no shortage of predictions about the technologies that will grab the spotlight. One technology poised to move from hype to heat 2009 is cloud computing.
At the dawn of this financial crisis, the big concern was access to credit. Growing unemployment, the ongoing dry heaves of the stock market, and quickening foreclosure rates have joined in the fray, yet access to credit remains a big question. If your business needs funds, will you be able to get it? Taking these 6 steps can bolster your credit application.
Though it's only "down under" now, that Facebook is now a sanctioned venue for serving legal documents adds yet another imprimatur of legitimacy to social networking and raises questions.
With holiday bonuses long since gone and holiday parties getting the axe left and right, employee expectations for year-end cheer can't slide much lower, but that doesn't business owners can't let employees know how valuable they are to the business.
The layoff notices are stacking up and the unemployment rate is climbing. Cutting people loose is perhaps the worst job that business owners face, but given the economic outlook, you may be need to fire to survive. Here's what NOT to do.
Processing payroll is a task that touches every business regardless of size -- you've got to pay your people. But making the leap from cutting checks manually to an online payroll services is significant barrier to entry for many small business according to PayCycle's market research.
The last month of 2008 began with the announcement that the U.S. economy is "officially" in recession. Then there's the news that job losses in small business reached a 7 year peak. But broad economic statistics only tell part of the story. Google, the poster child for unstoppable growth, is cutting back. Say it ain't so!
With consumer spending accounting for more than two-thirds of the U.S. economy, the results of Black Friday and Cyber Monday matter to all of us, not just retailers. So send your employees shopping.