What must small business owners and managers get right to keep their companies out of legal hot water? A lot of things, according to members of the Western Colorado Human Resource Association — everything from staying on top of wage and hour regulations to implementing the right hiring and firing procedures to properly training employees. […]
Most business owners start their companies with the intention of creating greater wealth and freedom. They have a dream of achieving financial independence and using this to travel, relax, give back and enjoy their lives as much as possible. However, many never realize this dream, even if the business is successful in generating financial abundance, […]
As we interface with businesses throughout the region, we encounter many businesses that have never developed an Employee handbook. Let me say up front — if you have an employee, you really need a handbook! Employee handbooks set expectations and rules for work, conduct, dress, punctuality, language and more at your business. This is important […]
Lack of research about local banks leaves many depositors worried about whether their bank will be next to fail. Community Banks of Colorado was taken over by the FDIC and remaining assets were given to Bank Midwest, out of Kansas City, MO, itself owned by National Bank Holdings Corporation, chaired by Timothy Laney, an alumnus […]
The leaves are beginning to change colors and the days are getting shorter. While some people look drudgingly at swirling leaves, others are filled with anticipation as their favorite winter activities draw closer. It is very important for winter sports enthusiasts to train and do specific conditioning exercises before hitting the snow because, due to […]
Access to capital is vital to the success of small businesses. Without it, small business can’t grow in a way that helps them create or retain jobs, both of which are critical to the economic recovery of our state. Yet, providing small businesses with loans they can’t repay doesn’t help the business or the economy. […]
Imagine a World Series where players aren’t allowed to swing their bats and instead strike out just for stepping up to the plate. That’s how American small business owners trying to create jobs will feel in 2014 when a provision of President Barack Obama’s health care law gets underway. The passage of the Patient Protection […]
The U.S. Small Business Administration remains committed to providing access and opportunity to Americans who are — or want to become — small business owners. For a variety of reasons, some communities are underserved when it comes to getting the tools they need to help grow businesses and create jobs. This includes residents of some […]
On the last Friday of each month at Coffee Muggers, entrepreneurs, business owners, and folks with ideas meet to talk about growing their businesses. It is a light, casual, open conversation, but there’s also some evident concern, even anxiety, about the future and whether their ideas will work. It’s not easy to predict how a […]
Complete success in business lies in the details. It is the multitude of seemingly insignificant little things that, when done well, lead customers back to your doors. Customer attraction and retention is the life blood of any business that wants to succeed, and therefore, must be a priority. Recently, my girlfriend and I visited a […]