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Tips and Resources to Scale Your Small Business

Success

Write a business plan While Shinholser didn’t need investors or to borrow money to fund his business, his savings were an important element of his success. You need to know what your costs will be and whether your business is scalable.” Shinholser wrote a business plan before quitting his full-time job. “My

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Unlocking Resilience: 3 Tips for Business Continuity Planning

Success

Business continuity planning—crucial for businesses of all sizes—ensures seamless operations, whether disruptions are a tiny tremor or a seismic shift. But in her initial market research, she discovered smaller shops had no interest in spending money on business continuity planning.

Planning 128
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HR specialists reveal 8 employee retention strategies

Insperity

Businesses with 500 employees or less constituted 99.9 companies in 2018, which employ nearly half of the nation’s workforce, according the Small Business Administration. In return, you’ll get a more productive worker who is willing to give it their all and has a vested interest in the success of your business.

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How to Choose an Employer-Sponsored Retirement Plan

Insperity

Sponsoring a retirement plan can help them get there. Retirement plans come in a wide range of shapes and sizes, each with its own unique functionality. The following steps can help simplify the process of choosing and managing a plan. The first step toward establishing a plan for your company is learning what is out there.

Planning 100
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Sponsoring a Retirement Plan: Tax Benefits You Should Know About

Insperity

Offering your employees a retirement plan doesn’t have to be a burden on your budget. The federal government offers tax benefits to help make retirement plans more affordable for small businesses. Here are a couple of ways you can save some money by sponsoring a retirement plan. Receive an income tax credit.

Planning 100
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Business Coaching vs Executive Coaching: Is There a Difference?

John Mattone

Such development is critical for succession planning and maintaining high leadership standards. Action Phase : The executive coach and the leader collaborate to create and implement a tailored Individual Development Plan (IDP). The scope of business coaching also includes individual talent development.

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Reactions to the UK’s new Employment Rights Bill

Workplace Insight

The bill also seeks to promote flexible working by making it the default option where possible, and mandates that large employers create action plans to address gender pay gaps. The government deserves credit for its willingness to engage with businesses and unions on how to make a success of the Plan to Make Work Pay.