Payroll & Business Experts Blog

Revolutionary Technology to Improve Restaurant Experience

Posted by Jeff Price

Jul 23, 2014 9:00:00 AM

As the restaurant industry continues to grow, owners are turning to technology to gain a competitive advantage.

From ordering online to making payments via mobile devices, restaurants are leveraging technology to increase productivity and improve customer satisfaction.

The following are some of the latest technologies that restaurants are implementing:

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Topics: restaurant payroll, small business, Small Business Tips, restaurant

Handling the Workforce Generation Gap

Posted by Jillian Pellicano

Jul 21, 2014 9:00:00 AM

For the first time in modern history, workplace demographics span four generations. 20-year-old new hires now find themselves working alongside colleagues 50 years old or older.

There has been a lot of discussion about how to manage the new Millennial Generation, but the key is being able to form a cohesive bond amongst all of your employees.

With all of the different attitudes and values that span across these four generations, managers must formulate a strategy for managing the generations together.

The following are key attributes of each generation. Once attributes are generally understood, we will dive into creating a strategy.

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Topics: small business, employee management, Small Business Tips

Boost Employee Morale with Philanthropic Efforts

Posted by Jillian Pellicano

Jul 18, 2014 9:00:00 AM

It’s one thing to define your company’s values and mission statement, but the most successful companies make a strong effort to exemplify the meaning and purpose of their brand.

Net Impact and Rutgers University found that 53% of current employees believe that a job where they can make an impact is important to their happiness.

By 2025, the Millennial Generation will be 75% of the global workforce. More importantly, 88% of Millennials stated that they seek employers with social responsibility values that reflect their own.

You can see how the value of Corporate Social Responsibility (CSR) continues to gain popularity. Now is the time to implement a strategy at your company to help further social good, which can help attract and retain the best talent.

Still wary? Here are a few reasons employees are happier and more fulfilled at a company that embraces philanthropic efforts:

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Topics: small business, employee management, employee satisfaction, Small Business Tips

Controlling Cash Flow: Your Greatest Weakness

Posted by Jeff Price

Jul 16, 2014 9:00:00 AM

According to researchers at Pepperdine University, the top reason that business owners are denied a business loan is the quality of the applicant’s earnings or cash flow.

Cash flow has always been one of the hardest tasks for small business owners to manage.

Converting sales into cash as quickly as possible while reducing and extending your payments to build a cash cushion is the basis for long-term, sustained growth.

Implementing some or all of the following suggestions can help boost your cash flow.

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Topics: small business, small business management, financial planning,, Small Business Tips

Save Time by Delegating Tasks Properly

Posted by Jeff Price

Jul 14, 2014 9:00:00 AM

Your to-do list is getting way too long. Deadlines are approaching and without finding help or working overtime for the fourth week in a row, you’ll be unable to meet them.  

While it may seem easier to do everything yourself than to explain the details of a project to someone else, there are two key reasons why delegating tasks is usually a better strategy.

First, delegation allows you to make the best use of your time and skills to focus on the future of company growth. Second, it helps other people on the team grow and develop to reach their full potential in the organization.

The following are some tips on delegating – one of the best time management tools.

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Topics: small business, employee management, Small Business Tips

The Deadline To Obtain Mandatory HPID Is Quickly Approaching

Posted by Jessica Kornfeind

Jul 11, 2014 9:00:00 AM

All self-insured health plans are now required to obtain a Health Plan ID (HPID). Depending on the size of the plan, the due date to acquire the HPID may vary.  For some, it may be as soon as this fall.

Confused? It’s okay, we’ll walk through this together.  Let’s take a look at what plans fall into what bracket and what an HPID even is.

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Topics: health insurance, health care reform, HIPAA, business health insurance

Give Feedback that Will Drive Results

Posted by Jeff Price

Jul 9, 2014 9:00:00 AM

Coaching your employees for peak performance should be a continuous process. After all, your goal is to develop an effective and highly motivated staff.

Praising a good performance is easy, but letting someone know when his or her performance needs improvement can be more challenging.

The goal of any type of feedback is not to tell someone what to do or how to do it. The goal is to bring out the best in your entire organization by improving individual behavior.

Here’s how to give negative feedback without demotivating or demoralizing others:

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Topics: small business, employee management, Small Business Tips, office environment

Constructive Ways to Make Yourself Focus

Posted by Jeff Price

Jul 7, 2014 9:00:00 AM

We all want to be more productive, but making extensive changes can seem overwhelming. Small changes are easier to implement and can be incredibly powerful.

The following tips are simple and can be immediately incorporated into your daily routine.

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Topics: small business, Small Business Tips

Important Business Lessons from Our Founding Fathers

Posted by Jillian Pellicano

Jul 4, 2014 9:00:00 AM

Those that signed the Declaration of Independence in 1776 are known as the Founding Fathers of America. These 56 men, and many others since, have put their lives on the line for the freedom of our country.

July 4th, also known as Independence Day, is a time for all of us Americans to remember the adoption of the Declaration of Independence.  It's also a great time to remember the example our Founding Fathers set. 

To commemorate Independence Day, here are a few wise words from some of the most well-known Founding Fathers:

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Topics: small business, Small Business Tips

Become a Success by Knowing When to Quit

Posted by Jeff Price

Jul 2, 2014 9:00:00 AM

We’ve all heard the saying winners never quit and quitters never win. In business, it’s not always applicable.

Sometimes, it makes sense to cut your losses short – whether it’s a project, impossible sales deal or business task. Great leaders know when to move on and come up with another solution.

Here’s how to identify when quitting is the winning option:

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Topics: entrepreneur, small business, Small Business Tips

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