There good news for entrepreneurs in New Hampshire, thanks to a newly launched website.
There good news for entrepreneurs in New Hampshire, thanks to a newly launched website.
The Associated Press reports that the new site will allow visitors to connect with experts in small business and give them the opportunity to ask questions on a variety of topics. The website – MyExpertNet – is a free service developed by the Knowledge Institute, based in Exeter, New Hampshire.
Are you ready to expand your small business and start hiring employees to help your business grow? Be ready for the expense shock. The new employee you just agreed to pay $15 per hour will probably cost you about $21.
That’s right! Employees are a big investment for any business. It may seem like small change to pay someone $10 or $12 bucks an hour to help you cook your baked goods or assemble your products, but the hidden costs may add up to about 40% above the hourly rate. This extra cost can creep up and surprise many small business owners.
USA One Credit Union of Matteson, Illinois, is offering an 8 month Step-Up certificate of deposit that currently has a CD yield of 0.90 percent for the first four months and then the CD yield will Step-Up to 2.00 percent the last four months.
The combined certificate of deposit annual percentage yield is 1.45 percent. That CD yield is one of the best 8 month CD yields currently available and is higher than the national average 24 month CD rate of 1.27 percent. New money is required for this CD deal and the minimum opening deposit is $10,000.
There is a race that every small business owner must run – the 5 year anniversary. Less than 50% of all new small businesses ever make it to their 5th anniversary, and only about 31% make it to their seventh year. So how can a small business owner who is just trying to make the longevity cut make it to a million dollars in sales?
Small business owners have many obstacles after opening a new company. To increase revenues, a business must make more sales. That means hiring more employees, increasing market exposure, and delivering goods while experiencing growth pains. However, a savvy entrepreneur and small business owner can make the 5-year cut and even earn that $1 million sales barrier. H
An award-winning shop is being forced to put its dreams of expansion on hold because banks won’t lend it any money.
Local Roots and Wellie Boots, based in Eastbourne, has just been named local retailer of the year in the 2010 Observer Ethical Awards – pipping Brighton’s Infinity Foods to the title.
The shop sells fresh produce supplied by farms in Sussex.
It has been a huge success in its first two years in business – with annual turnover growing from £77,000 to almost double that in the past financial year.
Despite this, owner Luke Randall says he is struggling to pay the bills and his dream of opening a second store looks unlikely.