If you’re thinking about starting a business, you should know there are some situations in which your personal assets may be at risk. If you have significant personal property, including but not limited to a home, cash savings, or ownership of assets like stocks and bonds, those holdings could be in jeopardy if you’re held personally liable for a legal issue, or if you’re personally attached to a loan.
Fortunately, with the help of asset protection strategies, you can shield your property from these potential risks. So what steps can you take to protect your personal assets when starting a business?
Separate the business
The first and potentially most important thing you can do to protect your personal assets is to create a business entity that’s separate from you, personally. There are several types of business entities you can create, each with their own advantages and disadvantages.
For example, if
Scheduling shifts for your retail business should be simple, but in reality, it can quickly turn into a logistical nightmare.
Using a spreadsheet or online calendar can get messy, and can rapidly lead to poor communication, staffing shortages or errors, calendar clashes, updates that staff don’t see until it’s too late, and disorganized shifts. This can lead to unhappy employees, frustrated managers, and unexpected overtime costs.
That’s why retail scheduling software is a must-have for your business.
Dedicated digital platforms like Homebase are an all-in-one solution. They enable you to allocate shifts, plan your week using templates, give employees their schedule ahead of time, communicate updates, resolve clashes, limit overtime, and enable staff to manage changes or time off without fuss.
No more disorganization — just happier employees who feel respected and empowered, an environment with better morale and productivity, a well-managed store, streamlined shifts, cost savings, and a calendar
What is call center analytics?
Call center analytics is the collection, measurement, and reporting of performance metrics within a contact center. It tracks call data and agent performance handling inbound or outbound calls. Common types of analytics include handle time, call volume, customer satisfaction, and hold time.
However, call center analytics is much more than call times. It factors in the human element to influence how calls are handled, including the customer experience itself.
In most cases, call center supervisors can access this data using specialized analytics tools. However, accessing this call center data analytics is often limited to supervisors and team leads. More modern contact centers provide this real-time data to agents so they can mind increasing call volumes.
However, with the right tools and strategy, call data helps you provide exceptional customer experience, boost brand loyalty, and improve efficiency across the board.
To harness the power of call
Social media marketing is a great way to sell more during the holidays. Here are eight ways you can put social media to work for you this holiday shopping season — and why it’s important to do so.
We live in a world where social media has to be part of your marketing in some way. As of April 2022, Facebook alone has more thanworldwide. Looking at just U.S. figures, the shows that the percentage of social media users between the ages of 18 and 29 is 84% , while it’s close to the same at 82% for people 30 to 49 years old. Even 45% of US adults 65 and older use social media.
The bottom line: even if you’re not a big social networking fan yourself, your business needs to be on social media. If it’s not where your
Economic indicators and recent interest rate hikes have sent mixed messages about short-term expectations around inflation and the likelihood of a recession.
Continued slow downs in hours worked and employees working at small businesses have diverged from prior years, likely a result of decline in holiday spending.
In the past quarter, interest rate hikes and economic indicators on inflation and employment have led to widespread speculation that a recession is to be expected in 2023. To understand how the broader economic environment has impacted small businesses and their employees during the 2022 holiday season, we analyzed behavioral data from more than two million employees working at more than one hundred thousand SMBs.
Summary of findings: Homebase high-frequency timesheet data indicate continued slowdown in hours worked and employees working across most industries and major metro areas.
- Our key Main Street Health Metrics — hours worked and employees working — have