Here are this week’s links to a few good stories that we found and selected because we feel they might add valuable insights and perspectives for small to medium size businesses.
• If you own a business, be it seasoned or start-up, chances are you will need to address financing needs at some point. Susan Payton, writing for Small Business Trends posted 4 Killer Sources of Small Business Funding, which include tips for success for the options listed below:
o SBA
o Crowdfunding
o Angel Investors
o Venture Capitalists
• And of course, as new trends emerge, so do the detractors. Jeff Ifrah writing for JS Supra, speaks to the legal concerns over Crowdfunding in Broken Promises: A Glimpse at the Dark Side of Crowdfunding. Let the buyer beware!
• The cost of employee turnover is often difficult to accurately calculate but we all know that it considerable. Mel Kleiman, writing for TLNT gives a quick punch list to address the challenge in Hiring Wisdom: Top 10 Ways to Avoid Costly Employee Turnover. I particularly like the first (Hire tough so you manage easy) and the last (Make work FUN!), but all are worth considering.
For more information on this topic, please reach out to Genesis HR Solutions at AskUs@genesishrsolutions.com or 800-367-8367.
Genesis HR Solutions is the premier PEO provider for Massachusetts based businesses.
