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Is It Time to Start Exporting?
Did you know that 95% of consumers are outside the U.S.? Small businesses can expand their markets to other countries and capture new customers. Exporting ... -
Disasters Happen: 6 Ideas to Help Prepare Your Business
Disasters can happen at any time. They can be natural disasters, such as storms, earthquakes, and mudslides. Or they can result from human activity, such ... -
Agreements with Employees
When you hire a worker, you effectively have an agreement that you’ll pay the worker for the work performed and treat the worker fairly. But ... -
Counting the Hours: What Is Compensable?
Under the federal Fair Labor Standards Act (FLSA), you must pay workers subject to minimum wage rules for the time that work is performed. This ... -
Mental Health in the Workplace: What Can Employers Do?
The pandemic has been stressful. Inflation is taking its toll on everyone. Crime, politics, you name it…all are contributing to challenges to mental health. May ... -
Start-Up Ideas for Success: Getting the Right Insurance
Getting insurance is an integral part of running a business. Some insurance is mandatory, some is highly advisable, and some is merely good to have ... -
Honoring Mothers in the Workplace
Mother’s Day 2022—the second Sunday in May each year—was proclaimed by President Woodrow Wilson "as a public expression of love and reverence for the mothers of ... -
A Guide to Data Integrity for Business Reliability and Trust
In the business world, organizations have to create and maintain data on various platforms to ensure accuracy. Most companies handle data regularly by storing and ... -
The State of Small Business 2022
May 2-5, 2022, is National Small Business Week. It is a time to recognize the important contributions that small businesses make—to their families, their employees, ... -
Summer Interns: An Answer to the Employee Shortage?
Walk down Main Street and you can’t help but notice “Help Wanted” signs in a great number of shops, restaurants, and other establishments. NFIB’s Monthly ... -
5 Ways for Business Owners to Give Back
Starting a business usually requires full focus on company activities, leaving little time and money for just about anything else. But if you’ve become a ... -
5 Remote Training Best Practices for Your Business
Since the COVID-19 pandemic, remote-based work has become the norm for many organizations. In fact, statistics show that 36.2 million Americans will be working from ... -
What to Do about Rising Interest Rates: 5 Ways to Prepare
On March 16, 2022, the Federal Reserve raised its federal funds rate (referred to as the fed funds rate) for the first time since December 2018 ... -
Startup Ideas: What to Know When Hiring Your First Employee
When you launch a business, you may need one or more employees to help you operate. Or maybe you’ve been in business and have handled ... -
Spring Cleaning for Your Business: The Big Picture
When you think of Spring cleaning, what may come to mind is straightening out your files, cleaning up your desk, and washing down desktops and ... -
Inflation Help: 25 Ideas on Cutting Business Expenses
Inflation is making it costlier to do business. Many small businesses are reluctant to raise prices or hike them high enough to maintain their profit ... -
Environmental, Social, Governance (ESG) Reporting for Your Business?
Environmental, social, and governance (ESG) reporting is a report a business generates about its environmental, social, and governance impact. It’s usually done by public companies ... -
About the Idea of the Day®
The Idea of the Day® launched in 2004 as a way to help small business owners keep up to date on opportunities, changes, and issues ...
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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.
