In addition to planning for the fixed cost of employee salaries in your business’s financial plan, it’s important to map out the cost of employee benefits. On average, employee benefits cost employers roughly a 50% increase in payroll expense. That’s not an...
CISA last week launched a new website StopRansomware.gov to help organizations reduce their risk of ransomware incidents by maintaining a central location for resources and alerts. StopRansomware.gov provides organizations a central location for ransomware resources...
If you’re in the process of starting a new business — or just thinking about it — a thoughtful business plan is an essential tool. This document will provide a road map for getting your business up and running, sharpen your focus on the many details involved, and can...
Women leaders and small-business ownership go hand-in-hand in today’s entrepreneurial-forward market. Research shows nearly 40 percent of firms in the United States are women-owned (51 percent of the business owners are female). These small firms pack a big...
To be a successful entrepreneur, it’s crucial to pay special attention to your finances. After all, a large percentage of small businesses end up failing in their first few years, according to the Bureau of Labor Statistics. You want to do everything in your power to...
If you’re reading this, congrats! You’re probably considering starting a small business. And that’s no easy task. After all, an astonishing 20 percent of small businesses shutter after their first year, while approximately 50 percent fail in their fifth year,...
