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Business Basics

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Latest: Advice, Tips and Resources

From Cubicle to Incorporated: The 6 Benefits of Forming an S Corporation
By Jamie Johnson | July 31, 2023

An S corporation helps you avoid double taxation and the self-employment tax. Learn the pros and cons of S corporations and other corporate structures.

Digital Disrupt: What We Can All Learn From the Netflix Model
By Chad Brooks | July 31, 2023

Just as Netflix disrupted the media landscape to find success, other businesses must innovate or risk obsolescence. Learn what Netflix's path can teach us.

Why Every Business Owner Needs an Exit Strategy
By Mark Fairlie | July 31, 2023

You don't go into business planning to get out – but you should. Find out why an exit strategy is important and how to create one.

How to Choose a Commercial Smoker for Your Restaurant
By Matt D’Angelo | July 31, 2023

This guide will help you find the right commercial smoker for your restaurant or catering company.

How to Easily Implement a 5S Program for Your Business
By Jennifer Dublino | July 31, 2023

A 5S program consists of sort, straighten, shine, standardize and sustain. Learn how to implement a 5S program, boost efficiency and eliminate waste.

How Much Does Insurance Cost for a Small Business?
By Kimberlee Leonard | July 31, 2023

Learn how to budget for the right types of policies and what factors affect your small business insurance costs.

Requirements for Keeping Paycheck Records
By Julie Thompson | July 31, 2023

Employers keep paycheck records to comply with federal and state laws, complete tax returns, and use in audits. Here's what you need to know.

Why Adopting a Zero-Friction Approach Is the Key to Success
By Jennifer Dublino | July 25, 2023

Customers hate friction when interacting with a business. Here's how to take a zero-friction approach to improve customer satisfaction and sales.

Entrepreneurs Love These 13 Tools for Conducting Market Research
By Miranda Fraraccio | July 20, 2023

Here are the best tools for conducting market research.

Want to Support a Charity? Qualities Businesses Should Seek Out
By Sean Peek | July 12, 2023

Business leaders should use certain criteria when choosing a cause to support. Learn what to consider before donating your time, money and resources.

person playing paddlesmash
Is PaddleSmash the Next Pickleball?
By Lauren Vino | July 10, 2023

Pickleball is a billion-dollar industry. Now two entrepreneurs, Scott Brown and Tim Swindle, hope their creation will be next.

man working at a desk
BCG Supply Chain Expert on How to Overcome New Challenges (Full Q&A)
By Antonio Ferme | July 10, 2023

Daniel Weise explains how the supply chain has changed and how to face its current obstacles.

14 Tools to Track Key Performance Indicators for Your Business
By Lauren Kubiak | July 10, 2023

Key performance indicators (KPIs) measure how effective your company is at achieving its goals. Learn how to find the right tools to track your business.

Can You Make a Profit and Be Socially Responsible?
By Jennifer Dublino | July 03, 2023

It's possible for a business to make money and stay socially responsible. Learn about maintaining corporate social responsibility while boosting profits.

Management Theory of Joseph Juran
By Sean Peek | June 28, 2023

Joseph Juran was a pioneer in the study of quality control for industries like math and science. Learn how to apply his management theory to your business.

Management Theory of Edgar Schein
By Sean Peek | June 28, 2023

Edgar Schein's management theory focuses on the culture within an organization. According to Schein, culture is the primary source of resistance to change.

Resources for Veteran-Owned Businesses
By Chad Brooks | June 22, 2023

Unique resources for veteran-owned businesses. How to start, find funding and gain customers. With tips from successful veteran business owners.

woman using a laptop
12 Ways to Use Slack to Be More Productive
By Mark Fairlie | June 22, 2023

Learn how to boost your productivity on Slack and get the most out of this workplace communication tool by using features such as huddles, reminders and deadlines.

Management Theory of Stephen Covey
By Sean Peek | June 22, 2023

Learn how Stephen Covey’s seven habits of highly effective people can make you more successful in business.

Classical and Scientific Management Theory
By Danielle Fallon-O’Leary | June 15, 2023

Learn how employers can use classical management theories to boost efficiency and worker productivity in their companies.

Time Crunch: An Entrepreneur’s Guide to Prioritizing Your Tasks
By Jennifer Post | June 05, 2023

Entrepreneurs often find themselves overburdened with tasks. Learn how to allocate your time and prioritize your tasks.

Small Business Guide to Energy Conservation
By Chad Brooks | May 17, 2023

Start your small business energy conservation program today with these immediate, actionable tips.

How to Design a Workspace That Improves Productivity
By Katharine Paljug | May 17, 2023

Your workspace design can boost productivity and efficiency. Learn effective workplace design tips and how workplace design affects productivity.

Should Your Business Customize Its Products?
By Kiely Kuligowski | May 16, 2023

Customized and personalized products are becoming popular as companies gain more access to consumer data. Here is what your business needs to know.

How to Increase Your Restaurant’s Profits in 2023
By Zac Johnson | May 08, 2023

The restaurant industry is highly competitive. Here's how your restaurant can save money and attract new customers.

7 Smart Tips for Evaluating Your Outsourcing Partner
By Jennifer Dublino | May 03, 2023

Outsourcing part of your production process can boost efficiency, save money and help you focus. Learn seven tips for evaluating an outsourcing partner.

9 Little-Known Ways to Network With Hospitality Industry Insiders
By Jennifer Dublino | May 01, 2023

Making contacts within the hospitality industry can create opportunities for your business. Learn how to start networking effectively.

How to Manage Your Small Business Through a Crisis
By Nabeel Ahmad | April 19, 2023

Here's how you can navigate a crisis successfully and stay in business.

How to Start a Clothing Store
By Dave Thomas | April 14, 2023

Clothing stores are popular businesses that appeal to varied niche audiences. Learn how to start a clothing store online or in a brick-and-mortar building.

How To Expand Your Revenue Sources
By Kimberlee Leonard | April 13, 2023

The most successful businesses have several revenue sources. Learn how to increase yours.