Business

In the United States, every business with employees must use W-2 forms to report the workers’ annual taxable wages and the amount of tax withheld. Companies can face penalties if any errors are made, so it is crucial that the following four common mistakes are avoided. 1. Using W-2 Forms from Unauthorized Vendors It is good that you can get W-2 forms from various sources, but you need to ensure you obtain them from authorized sellers. Never make the mistake of getting the forms from unauthorized sources. Create a W2 form online with a reputable company like FormPros where forms are legally binding and secure.  These fillable forms are simple to generate and you can use the generator tool to calculate the state and federal tax withholdings for each employee’s salaries automatically...

As a business owner, you know that your business’s reputation is one of your most valuable assets. Customer loyalty drives sales and with a ruined reputation, this could go down the drain.  When customers disagree with the core values of a company and how it operates, there’s a huge chance that they’ll decide to take their business elsewhere. This makes it crucial for you to monitor your business’s reputation. Here are five things that customers don’t want to see from a business they support. Poor Treatment of People People love people, and nobody wants to see a large (or even small) company treating their customers, staff or others unfairly. Intentional wrongdoing specifically can be extremely damaging to a business’s reputation. Showing a lack of respect, any unethical or ill...

User Experience (UX) has become of utmost priority to gain competitive advantage, especially in this digital world we are living in. As a result, UX design agencies play an ever-increasing role in many businesses from all industries and around the globe. The teams that work in these types of companies may vary significantly, but the foundations need to be the same to achieve the results they want. Those foundations are user research, user interface design, and user experience design. However, the structure of each of these backbones of a UX team will change depending on the resources and needs of each agency.  A UX agency focuses on two main things, product understanding and design based on user research and feedback. These are the essential things that will give the final product w...

In the current digital landscape, business have to make great efforts to remain competitive, and hiring the right IT talent plays a decisive role in this respect. Since each company has its own unique requirements, it’s vital for business owners to choose skilled developers who can understand their specific needs and bring their web development projects to life. Mediocre apps and websites can seriously harm a business’ image and reputation, so it’s not something to be taken lightly.  However, as the IT industry continues its meteoric rise, it’s becoming increasingly harder for companies to find and hire professionals who can help them reach their objectives. With so many web development agencies and freelance developers out there promising great results, it can be extremely difficult fo...

When shopping for mapping software for your business, a feature you may want it to have is a drive time polygon. A drivetime polygon is a tool that analyzes road networks in order to draw a radius around a starting location. Using this radius, you can determine how far you can drive within a set period of time. There are several reasons why your business might find a drive time polygon tool useful: It can show you where specific points on your map are. It can establish how far one map point is from another. It can tell you how many map points exist within various distance increments. Compared to a circle, a polygon radius offers a more accurate depiction of what places can be reached—additionally, this tool factors in things such as illegal turns and one-way roads. The...

Dropshipping has been popular for several years now, but due to the crowded marketplace created by its popularity, it has led many to proclaim dropshipping is no longer viable. Actually, as long you approach dropshipping in the right way, have a solid plan, use the right tools, and put in the time and effort, there is no reason why a dropshipping business model cannot be fruitful for you. The Low Entry Barrier Makes Dropshipping an Attractive Option  Dropshipping is a viable option for many entrepreneurs, in contrast to other business models, because you need to invest very little money; making it a risk-free venture. If you are not aware, dropshipping works like this: you partner with a supplier and sell its products online. When a customer places an order, the supplier handles the ...

Management of the company is not an easy task to perform. A person in charge of the administration has to keep in mind several facets to ensure that the management is working successfully. But are you wondering what they are and how you should implement them into your company? Well, for that, all you would have to do is start scrolling down below! We have curated a list of the top 7 ways to ensure that you have successful office management. Read on to know it all! Successful office management: Every business owner has the vision to see their company grow and go to the epitome. And that does not happen in the air. For that, one has to make sure they have proper ways incorporated into the business. So, read on to know the top 7 ways to ensure successful office management. Here ar...

Smart business owners usually inoculate market research into their overall business strategy. This is because it is essential both for business development and expansion. Whether it is looking to start a brand, or begin the manufacture of a new product or service, or penetrate a new and emerging market, companies first need to perform comprehensive market research to guide their footsteps and inform their decisions. No serious brand ever jumpstarts a new initiative or dives into an emerging market simply because their gut feeling told them to. Such moves are considered wasteful and have almost always led towards failure and regret, with uninformed product manufacturing failing at a rate of 95%. The proper thing to do is collect substantial data about consumer behaviour and needs, an...

Team building activities have been at the helm of executives to bring their teams closer. They are used for a myriad of reasons like forging team relationships, breaking the ice, having fun, appreciating team members, gathering feedback, etc. As soon as the pandemic hit and corporates switched to remote work, team-building activities were not a priority. Corporates were still adjusting to the crisis. However, it was soon found that remote workers are being stressed and demotivated. Some organizations also experienced a high turnover post-pandemic. So, corporates have started utilizing virtual team-building activities from companies like Escapely to keep remote employees engaged and connected with the organization. As remote work progressed through the pandemic, virtual team building ac...

Loyal customers are what drive long-term business success. Your current client base is also your most powerful marketing tool. When you build trust and retain your customers, they are happier and more likely to refer more people to your business. Customer retention rate is a vital metric that tells a story about your current clients’ loyalty to your business. We define the customer retention rate meaning, why it is important, and how your team can consistently increase this metric. What Is Customer Retention Rate, and Why Is It Important? Customer retention rate is a metric that calculates the number of customers or clients an organization retains for a specific time. This metric is critical for any company that wants to grow its brand, successfully achieve its profits, and build ...

With millions of consumers and businesses buying on Amazon every day, there are a lot of different opportunities for people to start their own businesses. Whether you're looking to sell the products that you make or buy wholesale, Amazon can be a great place to grow your business. Given the number of competitors, it might be a good idea to look into the qualities that all successful Amazon businesses tend to share. 1. Communication One of the most important qualities that successful Amazon businesses share is quality communication. When talking about this, most people usually think about communication with the customer, which is admittedly important. However, as the fold at Selling Guys point out, interpersonal communication with other sellers and businesses is just as important! ...

Utilizing your spare time to study something new is one of the best ways to better yourself and your career options. Marketing is an area where there is money to be made, but you need to put the effort in to study and learn the best ways to get ahead. Social media and the easy access anyone has to create their own marketing campaigns have created intense competition. If you’d like to better your skills, here we have some tips that will help you become a marketing genius in your spare time.  Invest In the Right Tools If you want to get to the top of the game, you are going to need the right tools and equipment. This will take some research on your part, especially in regards to the area of marketing you want to specialize in. Whatever path you go down, it is vital that you inves...

Although some may assume that hiring is over after you’ve awarded the job to someone: it’s only just beginning.  Beyond digging through applications and considering interviews, onboarding becomes the next step to ensure that your employees are well trained, know what to expect, and understand what’s expected of them. These are the most important steps of onboarding to ensure your new employees are perfectly trained for the job. Make Them Feel Welcome The first thing you need to do is make them feel welcome and special for getting hired.  If someone starts a job and immediately feels like an afterthought, they aren’t going to put their all into getting trained, and your turnover rate will be high. Celebrate that they’ve earned their role within the company, and discuss why they ...

In recent years, it has become more and more common for companies and teams to use project management software. And there are of course good reasons for this. Today, project management software is considered more or less crucial for the success and efficiency of teams and companies around the globe. In this article, we're sharing an interesting infographic that goes into detail about how and why successful teams use project management software - and why you should too! Infographic brought to you by Wrike engineering project management software

Have you been thinking about starting a business? What about a real estate business? You might not be aware of this yet, but the commercial real estate market is worth trillions of dollars in the United States alone! Because of that, it is definitely worth checking out.  However, if you want your business to be successful, you will have to check how to write a law report, as well as come up with a profitable business idea. Luckily, this article will help you take care of the latter!  Below, you will find a list of real estate business ideas that you should use this year, including becoming a landlord, real estate photography, becoming a real estate agent, flipping houses, and managing property.  Check it out, find an idea that you like, and take the first step on your journey ...

Germs are everywhere. They can make their way onto your hands and things you touch on a daily basis, and make you sick. So washing your hands with soap and water or using hand sanitizer with at least 60 percent alcohol at key times is important. In fact, it’s among the most important things you can do to avoid getting sick and spreading those germs to others. Washing your hands with soap and water is still the most effective way of killing germs. Of course, this isn’t the most ideal mobile solution. That’s why hand sanitizer has become so popular. As long as the sanitizer has over 60 percent alcohol, it’s fine to use. That’s the recommendation from the World Health Organization. Just use the amount instructed on the label, rub it in, and allow it to dry. So just how popular are hand...

Branding, brand, and brand identity are not the same thing. While all three of these terms share some things in common, they also have many different aspects. These aspects mean different things to different people.  Often, it is easy for a marketer to mix up or fail to recognize the differences between these terms. This can be especially true when you’re getting started with a business or opening a new company. Here you'll see a breakdown of the critical differences between branding, a brand, and brand identity. This explanation will help you understand the specifications, so you can better understand each distinct aspect and use the best corporate branding services accordingly.  Branding Is All About Positioning It's about finding the perfect spot in your industry to lay down...