Product pricing is essentially the process of determining the cost of products you sell to consumers. When you are figuring out how to price a product for retail, you are facing a delicate balance—price your items too high, and no one will buy; price them too low, and you sacrifice your profits. This article provides…
How To
15 IVR Design Best Practices & Tips: How to Optimize Your Menus
A well-designed interactive voice response (IVR) system creates a better customer experience, directing calls efficiently to the right departments and agents. To optimize the caller’s journey, follow these IVR design best practices: map out the call routing plan based on common customer needs and keep menu options straightforward. You can also give callers the option…
How to Choose a Real Estate Company or Broker to Work For
New and inexperienced real estate agents should review each brokerage’s structure, commission plans, and overall reputation to find and choose the right brokerage to work for. Before deciding, you should look into other success factors, such as a brokerage’s online presence, fees, contracts, and lead distribution strategies. Remember that choosing the right brokerage greatly impacts…
How to Use a Virtual Background With Zoom & Other Providers
Using virtual backgrounds in video meetings varies slightly across platforms, but the steps generally stay the same. First, install the video meeting app and log in. Then, open settings and navigate to virtual backgrounds to select among the preloaded images or upload your own. Before learning how to use a virtual background, it’s important to…
How to Do Payroll in North Carolina: Small Business Guide
Learning how to do payroll in North Carolina (NC) is pretty straightforward. It simply follows general federal guidelines, requiring you to secure a Federal Employee Identification Number and a NC Withholding Identification Number, as well as register for unemployment tax. While that may be the case, there are some regulations to note—and by using our…
How to Do Payroll in Massachusetts: Small Business Guide
Massachusetts has a lot of legislation regarding employee rights, so there are a few things to keep an eye out for. Some major differences include more stringent final pay laws, Massachusetts Blue Laws (restrictions on business openings on Sundays and holidays), a state Paid Family Medical Leave (PFML) program, and a higher minimum wage. Running…
Hiring Employees in India vs Contractors: Small Business Guide
Hiring workers in India gives you a much wider pool of high-quality talent that can help fill your business’ information technology and other staffing needs. The first thing to consider when hiring from India would be whether to hire a local employee or an independent contractor. For small businesses looking to hire only a few…
How to Do Payroll in Mississippi: A Guide for Small Businesses
Processing payroll and calculating Mississippi payroll taxes is a straightforward process. Mississippi does not have local taxes and only has one state payroll form. It’s one of the easiest states in which to run your company’s payroll. Step-by-Step Guide to Running Payroll in Mississippi Mississippi (MS) makes payroll easy for businesses by generally following federal…