A crisis press release is a public relations (PR) tool used to respond to a potentially negative situation. This could be something internal, like a data breach or employee misstep, or in response to external crises like natural disasters, economic issues, industry-related topics, and so on. We outline how to write a crisis press release…
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SBA Form 1368: What It Is & How to Fill It Out
Small Business Administration (SBA) Form 1368 must be filled out when you apply for an SBA disaster loan. Examples of disaster loans include the Economic Injury Disaster Loan (EIDL) and the Military Reservist Economic Injury Disaster Loan (MREIDL). SBA Form 1368 allows small business owners to provide details about the economic impact of a disaster…
How to Come Up With a Business Idea in 5 Steps
Coming up with a business idea is the first step to starting a business. Start by identifying problems you or others are having and brainstorm possible solutions. It’s wise to start with a problem because business is essentially solving customer’s problems in exchange for money. When you have an idea, validate it through feedback. Finally,…
How to Do Payroll in Indiana: An Employer’s Guide
To do payroll in Indiana, you’ll need to comply with some state rules in addition to federal payroll laws. For instance, Indiana has a state income tax of 3.23%, and its counties also have their own taxes—you need to calculate withholdings for both. There are also reciprocity agreements with five states, meaning you’ll withhold taxes…
How to Get Started With Bing Places for Business in 5 Steps
Setting up a Bing Places for Business listing gives your brand more visibility in online searches on Microsoft’s search engine: Bing. Similar to Google (i.e., Google Business pages), it allows you to manage your online listings as well as generate and manage customer reviews and comments. To use Bing Places to promote your business, ensure…
How to Implement Sales Lead Tracking in 7 Steps (+ Free Template)
Lead tracking is storing, organizing, and updating prospect data and sales activity information. To perform this process, you’ll need a sales leads tracking tool and then start by defining the types of data you want to collect. Once that’s established, keep the information updated as you generate, assign, qualify, and nurture leads and finalize sales…
Product Sourcing Guide: How to Source Products in 4 Steps
Whether you’re starting a retail business or just looking to add some new items to your shelves, product sourcing lays the foundation for your supply chain. We’ll walk you through a step-by-step breakdown of how to source products by choosing the best items and receiving them most effectively—plus, how to find suppliers, maintain relationships with…
How to Do Payroll in Missouri: An Employer’s Guide
Missouri payroll is fairly straightforward as most laws mirror federal regulations. However, you need to pay close attention to taxes since Missouri has a progressive tax and a few cities levy their own taxes. Running Payroll in Missouri—Step-by-Step Instructions Listed below is a guideline with specific information related to the state of Missouri. If you…