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This week’s small business news review found tips to make managing virtual employees easier, how to time hiring, an index that shows the small biz economy is improving, tips on selling your business at the right time, and some handy employment recruiting ideas that allow small biz to compete with the big boys.
- The State of Small Biz is Strong A relatively new index is indicating that small biz is enjoying a robust rebound from the Great Recession. The Experian/Moody’s Analytics Small Business Credit Index uses business debt repayment data to assess economic conditions on Main Street. The numbers are good, with the index reaching its highest level ever.
- Managing Telecommuters Today’s office is no longer connected by walls – it’s connected by wires. Home-based employment has surged in the last five years so business owners must learn to hire, retain, and cultivate online employees. Learn three ways to successful virtual employee management.
- Help Wanted – Maybe Timing your hiring decisions can be tricky in a choppy economy or a seasonal industry. Weather, tax policy, consumer demand (not to mention looming healthcare requirements) can all have a significant impact on how entrepreneurs manage their growth. See what strategies several small biz owners use to determine if the time is right to hire.
- Know When to Sell Many entrepreneurs have an idea when they want to sell their business. Whether the decision is based on a life stage (retirement) or once a metric has been achieved, such as annual revenues, the decision to sell requires planning and careful consideration.
- Employment Recruiting Tactics For Small Biz Small business owners often feel at a disadvantage against large companies when it comes to attracting top talent. However, the playing field has flattened as sites such as LinkedIn allow small biz owners to connect with desirable employees. A human resources expert provides a few tactics that can boost the chances of landing a prized employee.
