Why the status quo bars companies from exploring new ways to operate
Status quo thinking manifests itself in many forms. One is a “this is the way we have always done it” mentality, an attitude that sometimes morphs into a company’s culture — and that in turn could stifle a company’s growth potential.
Jeff Fox develops leaders at Source4Teachers by starting with the right hires
J. Jeffrey Fox, CEO and managing member of Source4Teachers, stays plugged into the job market looking for outside talent, while assessing his internal team, too.
S corporation vs. LLC: Which is the better option?
One of the first tasks a new business owner must address involves the question — What type of entity should I choose to operate my business?
SolomonEdwards’ Ed Baumstein shares how entrepreneurs can attract top professionals
Ed Baumstein, founder and CEO of professional services firm SolomonEdwards, has been personally responsible for connecting employees with employers — more than 1,000 of them. He provided insights on the hiring process as part of the “Make Talent Your Job” panel at the EY Strategic Growth Forum® in Palm Springs, California.
Run call centers effectively, efficiently and affordably with VoIP
VoIP phone systems help to organize call centers in such a way that a company can have the features it needs without purchasing an all-encompassing system at a high price.
What retired pro athletes can teach seasoned leaders about business
The transition from being a professional athlete to an entrepreneur is fraught with risk. Your physical gifts may carry you a long way on the field or the court, but in the business world there are many other factors that play into your ability to succeed.
A global revenue recognition standard for customer contracts, at last
After a dozen years of collaboration and controversy, the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) finally have agreed on how and when companies should recognize revenue.
Updating your books all year long can make closing time a breeze
If there’s ever a time your company’s well-kept balance sheet is worth its weight in gold, it’s at year-end. That, of course, is when it’s crunch time to close the books, but the process can go much smoother if you follow some timely procedures throughout the year.
How setting up a telemedicine program for plan members benefits everyone
The next time your child is sick, what if you or your employees had the opportunity to speak with a physician without leaving the office or home? Telemedicine programs that allow you to do this are becoming more popular.
How to manage your IT as an investment portfolio
Information technology (IT) often accounts for more than 10 percent of an organization’s spending; however, many companies are managing this as an expense rather than an investment.