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Starting a Business? 10 Steps Every Entrepreneur Needs to Know

By: Caron_Beesley Starting a business? Confused about the planning, legal and regulatory steps you should follow? Did you know that home-based businesses are required to hold permits to operate legally in most states? What about incorporation? Many new businesses assume they need to incorporate or become an LLC from the get-go – but the truth is, more than 70 percent of small businesses are owned by un-incorporated sole proprietors (although even this group is required to register their businesses). So, variables aside, there are still some fundamental steps that any business needs to follow to get started. SBA has compiled 10 steps that can help you plan, prepare, and manage your business – while taking care of the startup legalities. Not all these steps will apply to all businesses, but working through them will give you a sense of what needs your attention and what you can check off. Step 1 – Write a Business Plan Start Your Business

RESPONSE TO THE 2012 ECONOMIC CENSUS IS PAST DUE

The 2012 Economic Census, the U.S. Government's official five-year measure of American business and the economy, is entering its final days of data collection. Many businesses have shared with the Census Bureau the challenges of responding with fewer resources. It has listened, and have provided time extensions and other considerations in allowing businesses additional time to respond. For businesses that received Economic Census forms but have not yet responded, it is very important to do so now. Keep in mind that the Economic Census is required by law. In this economic climate, it is necessary to have the most accurate measure of our economy. Response to the Economic Census allows the Bureau to provide exactly that. Thank you very much for your participation. To assist you, the Census Bureau is prepared to discuss your compliance via phone. Please call 877) 790-1876. Due to timing, it also encourages you to use electronic reporting available at: econhelp.census.gov ...

Consumer Expenditures (Annual) News Release

From the Bureau of Labor Statistics

Rules to improve employment of people with disabilities and veterans published

The U.S. Department of Labor announced two final rules to improve hiring and employment of veterans and for people with disabilities. One rule updates requirements under the Vietnam Era Veterans' Readjustment Assistance Act of 1974; the other updates those under Section 503 of the Rehabilitation Act of 1973. For more than 40 years these laws have required federal contractors and subcontractors to affirmatively recruit, hire, train and promote qualified veterans and people with disabilities respectively. "In a competitive job market, employers need access to the best possible employees," said Secretary of Labor Thomas E. Perez. "These rules make it easier for employers to tap into a large, diverse pool of qualified candidates." "Strengthening these regulations is an important step toward reducing barriers to real opportunities for veterans and individuals with disabilities," said Patricia A. Shiu, director of the department's Office of Federal C...

Young employees don't know how to act in the office

Dear Evil HR Lady, I work for a government organization, so we get a lot of newcomers for whom this is their first job. They range from people straight out of high school to fresh college graduates. Either way, the majority tend to be horrible workers. In addition to teaching these newcomers their job, which I have no problem with, we end up having to teach them life lessons: chip in for the candy jar; if the bathroom stall is closed, that means someone is in there; the private bathroom isn't your phone booth; asking you to do your job shouldn't be the world's hugest inconvenience (aka "I'm sorry to tear you away from Facebook/candy crush/Internet."); wipe your feet when walking into the building.... I could go on forever!! I bring some of these issues up to my boss, but I think he thinks I'm a tattletale. He's not the best manager, and there is a ton of stuff that goes on at our level that he has no idea about. So the blatantly obscene stuff I...

14 Rules Of The New Workplace That Millennials Need To Master

"Today’s workplace doesn’t tolerate slackers,” says Gen Y career expert Dan Schawbel in his new book "Promote Yourself: The New Rules For Career Success." In a rapidly changing economy, young people either rise to the top or don’t survive. To navigate the new workplace, Schawbel says millennials need to master a new set of rules that aren’t taught in school. Advances in technology, the rise of social media, and 24/7 connectivity mean young people have to promote themselves and take ownership of their careers in ways that previous generations wouldn’t or couldn’t have imagined. What to know in an evolving work place

Five Reasons Why Entrepreneurs Fail

While a lot of the entrepreneurs I've met and mentored in the past decade have been successful, I've probably met as many, if not more, unsuccessful entrepreneurs. Each of them seemed to make a lot of the same mistakes — ones that could be easily remedied, but when left unaddressed, could mean the difference between success and failure. Here are five signs you're getting in your own way to success and how to move over and let yourself be the best you can be: The five signals revealed here.