If you’re planning to leave the corporate world to become an entrepreneur, you’ve probably thought a lot about how you’ll make ends meet without a salary. You’ve made a meticulous budget for your personal and business finances. You already know how you’ll cut costs and keep your startup lean. You’re prepared to live off your savings or take on credit card debt until you start turning a profit. But have you accounted for all the other expenses that come with being self-employed?
Category: Tools and Information
How to Get People to Ask Questions | Getentrepreneurial.com
One of the elements of a truly engaged workplace is the asking of questions. The fact is that most people are afraid to ask questions; whatever natural curiosity we had as children tends to get discouraged in most large organizations. Leaders assume following the status quo is the right way to go and are not interested in trying to challenge anything, especially if it seems on the surface to be going along just fine. And the lower-level employees just try to do what’s asked of them and stay out of trouble—believing that people who ask questions may be sticking their necks out.
Getting people to ask questions requires effort and energy. It means changing what may have been part of a process for years. Change is almost always very hard. Questioning actually means choosing the path of resistance, instead of the path of least resistance. But when people get into the habit and realize they won’t get their heads chopped off for asking questions–that in fact their questions will be welcomed–everything gets better.
What is the Difference Between a Line of Credit and a Loan? | Small Biz Trends
Small business owners may need funds for several reasons. Luckily, there are a number of financing options available today that can help businesses secure funds on time. Two of the most common options are a line of credit and a loan.
In a nutshell, a business line of credit is often the best option when you have short-term and occasional credit needs. A small business loan, on the other hand, is best to meet long-term credit needs. Let’s break down the difference between a line of credit and a loan to see how they differ and help you meet your credit needs.
The ‘Internet of Things’ Is Changing the Way We Look at the Global Product Value Chain | Entrepreneur
The traditional product value chain has been shaken up with the unstoppable spread of globalization and the universal commodification of goods and services. Globalization has forced companies to adjust and respond.
In fact, Internet of Things (IoT) products are playing a pivotal role in the alteration of B2C relationships, delivery channels and product pricing, and their continued proliferation is shaping the very nature of how we look at the product value chain.
Five top US women footballers sue for better pay | BBC News
Five senior members of the World Cup-winning US football team have filed a lawsuit against the national federation for wage discrimination.
Alex Morgan, Carli Lloyd, Megan Rapinoe, Becky Sauerbrunn and Hope Solo say they are paid less than half of what the male USA players receive.
“The numbers speak for themselves,” said goalkeeper Solo in a statement.
The US Soccer Federation said it was disappointed, given the work it had done in building the women’s game.
American women’s football has dominated the international game in recent decades, with a string of titles.
Legal Guide for Businesses That Use Fulfillment by Amazon | All Business
Over the past year, Amazon’s Fulfillment program (a.k.a., “Fulfillment by Amazon” or “FBA”) has exploded by a whopping 65 percent. That’s a whole lot of new e-commerce businesses, and a fresh hunting ground through which the Federal Trade Commission can prowl.
To wit, we’ve compiled this introductory legal guide to online marketing. Is it exhaustive? No. But it’s a solid starting point for anyone interested in regulations and guidelines that affect the FBA niche.
Weekly Economic Update | LAEDC
v.20 n.13 – Released March 29, 2016
This Week’s Headlines:
- SoCal Home Sales and Median Prices in February
- U.S. Personal Income and Spending in February
- Events of Interest
- May 10, 2016: San Gabriel Valley Economic Outlook
- June 16-17, 2016: Select L.A. International Investment Summit
Campbell’s to Remove BPA Chemical From its Cans by Mid-2017 |NBC News
Campbell Soup Co. will stop using the chemical Bisphenol A in its canned products by the middle of next year to reassure consumers worried that the substance may harm their health.
The pledge announced Monday is a response to concerns that the commonly used chemical known as BPA raises the risk of cancer, brain damage and hormonal problems.
Why I moved my startup from San Francisco to San Diego | TechCrunch
San Francisco has long been hailed the home of the tech startup — the place to be for entrepreneurs looking to lay the foundation for the next big thing. As a mobile app platform with high aspirations, we joined the mix, sharing an area code for four years with the lauded engineers of Silicon Valley and inserting ourselves into the supposed center of the tech world. It seemed like the best possible move.
And for a while, it was.
Can You Require a Switch to Direct Deposit? | Payroll Link
It may not be long before paper paychecks go the way of the five-and-dime store and the VCR. They may soon become obsolete as “direct deposit” into bank accounts is the predominant method of paying employees. And why not? All of the banking — including depositing the amounts into the employee’s account and acceptance of the funds — can be completed with just a few clicks of a mouse. Employees don’t have to worry about losing their checks and it reduces payroll hassles for employers.
The move to the direct deposit method won’t be a change for the vast majority of U.S. employees. According to one survey by the American Payroll Association, 96% of employees are already using direct deposit. Chances are it’s even more common for workers located in remote sites. No more waiting for checks to arrive by snail mail and no trips to the bank to deposit the checks.
While we remain in the final transition period from paper to electronic payment, several questions may be raised about this technology.
Dispatches From The Front 