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7 Time Management Tips for New Business Owners

May 22, 2018
By Jennifer Lobb –

Time ManagementRunning a business is time-consuming work, and as a new business owner, time is exceedingly hard to come by. Though you may not be able to add an extra hour (or minute, for that matter) to your day, there are ways you can capitalize on, and make the most of, the time you do have. By following the seven tips below, you’ll be able to take charge of your day and manage your time in a way that improves both your productivity and state of mind.

1. List & Define Your Tasks & Goals

When thinking about time and how to better manage it, there are two dominating categories of obligations and to-dos and your list: operational tasks and business goals. Tasks are those mundane-yet-import requirements that happen daily, weekly or monthly, without fail. (more…)

Managing Sexual Harassment in Today’s Workplace

May 16, 2018
By ComplyRight –

Today's WorkplaceThe issue of sexual harassment in the workplace continues to attract extensive media coverage, as more victims are empowered to report misconduct against them.

Since the start of 2018 alone, the U.S. Equal Employment Opportunity Commission (EEOC) has filed or settled several high-profile sexual harassment lawsuits. Beavers’ Inc., which owns several Arby’s fast-food franchises, is among the latest companies to face the courts after the EEOC filed a lawsuit against them. The federal agency charged that the company broke the law when it subjected several teenage female employees at an Arby’s in Atmore, Alabama, to sexual harassment. (more…)

Bar and Draft Line Cleaning Make a Perfect Pint

May 7, 2018
Success Story, Illinois SBDC –

Pint PerfectJosh Coclasure and Sammie Williams have been friends since childhood. They have always talked about starting a business together and finally had the chance to put their idea for bar and restaurant draft line cleaning services to the test in the Metro East Start-Up Challenge (MESC).

In 2017, Coclasure and Williams won first place in the MESC for Pint Perfect and received start-up money from local sponsors, in-kind services, mentors and more. With that support and momentum, they have been moving along in starting their venture.

The Illinois Small Business Development Center (SBDC) for the Metro East at Southern Illinois University Edwardsville (SIUE) introduced the competition in 2014. The Start-Up Challenge engages multiple sponsors and business professional mentors each year for entrepreneurs to assess how their business plans stack up. (more…)

Entrepreneurs Shine During National Small Business Week

April 30, 2018
By Linda McMahon, SBA Administrator –

Linda McMahon - SBANational Small Business Week shines a spotlight on our nation’s 30 million small businesses. Through awards ceremonies, media interviews and community events, we honor entrepreneurs whose achievements stand out. As an entrepreneur myself, I know the hard work that goes into starting and building a small business – efforts that don’t often get the attention they deserve.

Honorees in this week’s spotlight do not cast a shadow that dims the efforts of others; rather they serve as a beacon – to competitors, up-and-comers and communities as a whole. They show what is possible. They are innovators and problem solvers, creating products and services that are better, smarter or more efficient than what came before. They are risk takers. And through their success, they inspire others to dream and to create small businesses of their own. (more…)

The Ultimate Guide to Vetting a Business Partner

April 23, 2018
By Gerri Detweiler –

Business PartnerAfter surviving several tumultuous business partnerships, Susan Nilon has learned to be more skeptical and cautious. In the past, she admits she was so excited about business possibilities that she “didn’t pay attention to red flags.”

She and her current business partner in a legal research firm, De Novo Law Services, not only have a formal partnership agreement, they’ve taken it one step further. She created an addendum to the agreement “writing out 10 steps on how to survive our partnership,” she says. This document spells out the things that are not normally called out in a contract, like how to handle disputes and what to do when the other partner is not pulling their weight. (more…)