Buying a restaurant is a cost-effective way for first-time restaurant owners to enter the hospitality industry. Buying an existing restaurant is ideal for restaurateurs who want to step into a turnkey operation. Those who want to put their signature on a space, however, can buy a restaurant’s assets—such as the lease, furnishings, and kitchen equipment—and…
How To
Hiring Remote Employees in 5 Simple Steps
In today’s fast-paced work world, it’s becoming increasingly common for companies to hire remotely. There are steps you can take to ensure you are hiring remote employees who are just as successful and productive as on-site employees. Being clear about what you’re looking for in a candidate, defining the skills and experience required for the…
Straight Line Depreciation Formula: How To Calculate
Straight line depreciation is the simplest way to compute depreciation expense. In computing straight line depreciation, we consider three elements: Cost of the fixed asset: The cost of the asset is its purchase price net of discounts taken, plus sales taxes, shipping costs, insurance, and so on. Useful life: Useful life is the estimated length…
Social Recruiting: A Small Business Guide
Social recruiting is the process of finding new employees by advertising on and reaching out through social media, personal networks, and job search websites. It is increasingly a strategy that companies of all sizes employ, as it helps employers connect quickly and easily with potential applicants and candidates. This article covers the benefits of social…
How to Coach Employees for Improved Performance
Coaching employees involves a structured approach that focuses on developing their skills and abilities, addressing performance issues, and setting goals for improvement. If done right, coaching brings significant ROI to your business. According to a frequently cited stat, 63% of companies that provided employee coaching reported higher revenue than their competitors. Here are 11 strategies…
5 Hidden WordPress Costs (& How Much You’ll Really Pay)
WordPress website software is free, but that doesn’t mean WordPress websites are. Just to get online, WordPress costs around $160 a year for a hosting plan and domain. You’ll also need to budget for a security plugin and theme, and additional costs if you want a no-code page builder, paid plugins, or professional help building…
3 Ways to Get a Free Google Ads Promo Code or Coupon
With an effective Google Ads strategy, the more you invest, the more leads you get in return. To help stretch your budget, there are ways to get a free Google Ads promo code or coupon for ad credits through business apps and services, coupon sites, or from Google directly. Find out how to get a…
How to Buy an Apartment Complex: Guide for First-time Buyers
Buying an apartment complex provides buyers with the potential to generate reliable monthly income and profit. However, learning how to buy an apartment complex is best for experienced investors because of the time, effort, and money commitment involved. Buying an apartment building includes choosing the type of property to purchase, viewing apartments for sale, and…