is one of the largest user-generated review sites. Consumers use Yelp to find local businesses across various categories, such as restaurants, bars, shopping, entertainment, electricians, plumbers, contractors—and just about any other local service. To use Yelp for business effectively, build your free profile, respond to all reviews and inquiries, and use enhanced features and ads…
Ultimate Guide
The Ultimate Guide to Customer Service for Small Business
Customer service is the assistance you provide customers through their entire purchasing journey. This should be a part of every business strategy because satisfied customers translate to more sales, repeat purchases, and referrals. Here, we explore the importance of customer service, its difference from customer support, and the members and qualities of a good service…
How To Do Payroll in the Philippines: Ultimate Guide
Handling payroll in the Philippines is a bit different from doing payroll in the US. For instance, one big difference is that every US employee has a Social Security number, which is used to track the employee’s wages and tax requirements; meanwhile, in the Philippines, each employee has a tax identification number (TIN), which must…
Journal Entries in Accounting: A Small Business Guide
Journal entries are used to record transactions in accounting and are made in the company’s general journal. They affect at least two accounts, and the total debits must equal the total credits. They are the foundation of accounting and bookkeeping since all data found in the general ledger and financial statements originate from the journals….
Key Man Insurance: Cost, Coverage & Providers
Key man insurance, or key person insurance, is life insurance coverage a business takes out for an individual employee who is crucial to the financial success of the company. The business purchases the policy, pays the premiums, and is the beneficiary in the case of the death or disablement of the key person. A 20-year…
Oregon Sick Leave Law: What Small Businesses Need To Know
Every business in Oregon—even those with just one employee—is subject to the state’s sick leave law, which requires up to 40 hours of sick time off per employee during a calendar year. Depending on the size and location of your company, sick leave may be unpaid, although some employers are required to provide paid sick…
Administrative Assistant Job Description [+ Free Template]
Writing a strong job description is a key step in hiring the perfect administrative assistant for your small business. It should include the role’s details, requirements, and compensation, as well as information about your company’s culture and application process. Explore the five steps below to ensure the administrative assistant job description you create clearly outlines…
What Is a Section 1031 Exchange, and How Does It Work?
A 1031 exchange allows an investor or business owner to sell a commercial property, acquire another, and defer capital gains taxes in the process. The name refers to section 1031 of the United States tax code. When a property is sold for cash, the net proceeds incur a capital gains tax. However, if the investor…