Do Startups Need Consultants?

As a start-up, you are probably looking at ways that you can improve your business. Improving your existing business is needed for growth and profit revenue. If you are at a loss on how to improve your existing set-up, then it may be time to call in the experts. Of course, there are the number

10 Top Podcasts for Small Businesses

Owning and managing a small business can be tough. Between assuming multiple roles, you still need to find time for self-development, and being with your family. Customer retention, marketing best-practices, and the economy itself all change so rapidly, and you need to keep up with these changes. How quickly you adapt to business evolution determines

7 Strategies Investors Recommend For Raising Capital

We asked several investors about what specific strategies entrepreneurs need to employ when raising capital for their business. Most people who sent in their responses were experienced investors who had invested in several businesses or experienced entrepreneurs who had raised financing for their businesses in the past. This is a list of some of the Strategies

Your Business Persona On Facebook

Recently there has been a lot of talk about the far-reaching consequences social networking sites like Facebook can have on people’s lives: people’s real lives. Online interaction, especially on social networking sites like Facebook, could have significant ramifications on your life offline. You may often get carried away and your ‘online’ personality could brag and

5 Ways to Raise Capital

 Rather than give you a big book on this….. Let’s just cut out all the FAT and get you money. Here are 5 ways to raise capital for your projects. Crowdfunding Social Media Peer Peer Lending Venture Capital Angel Investors Crowdfunding Kickstarter, Indiegogo, and Kiva are all great sites to raise money for your projects..

Not Finding Local Talent?

Maybe it’s time to relocate your office or offer relocation to job candidates. Sometimes it’s difficult to find employee candidates in the same geographic area as your company. You have a few options when this happens. You can have distributed teams where employees work remotely. You can move your company offices to a more populated

Explicit Employment Contracts in Texas

Employment relationships are presumed to be at-will in Texas. When employee turnover becomes costly, or a particular employee would create exceptional value in the company, a contract is often written to retain the employee. A contract, when dealing with low-level employee turnover, may consist of no more than a one-page form describing duties, expectations, and

Employees or Contractors? A Discussion on Worker Classification for Texas Startups

Many startups do not have employees. They have contractors. Benefits of hiring contractors over employees include saving time and paperwork. Another benefit is significantly lower operating costs. According to an evaluation report from the Office of the Legislative Auditor, State of Minnesota, “mandatory costs, including federal employment taxes, workers’ compensation insurance premiums, and state unemployment

Texas Employee Separation: Proceed With Caution

Employee separation is usually implemented by an employee resigning, or by the employer firing or laying off an employee. There are other separation situations such as constructive discharge and retaliatory discharge. In each setting, you want to proceed with caution. In this article, I will explain the differences in these terms and offer some tips

Interviewing: Methods and Avoiding Liability in Texas

interviewing is a primary step in the hiring process and should not be done carelessly. This article describes different methods for interviewing and offers information on avoiding liability. Before the Interview Before you hold an in-person interview, make sure you pre-screen the candidate to maximize hiring efficiency. Interviewing Methods There are a few types of

Navigating a Texas Workforce Shortage or Surplus

Workforce shortage is probably one of the biggest concerns for a new business. Having a shortage of labor can result in lost business, missed deadlines, and unhappy customers. A few internal methods to circumvent a shortage include: Offering overtime wages Authorizing job sharing Retraining employees Internal solutions are the most cost-effective because you utilize the