5 mistakes to avoid when starting a small business

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Most people have thought about starting their own business (INSERT WEBSITE LINK). The desire to be your own boss is something most of us share. But small business is a risky business. According to research about 50 percent of all small businesses will fail within five years.

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Spring Search Group

Spring Search Group provides recruiting services for startup companies. Our client base is comprised of venture-backed startups with $0M – $400M in revenues. We specialize in building out amazing management teams within Finance, Accounting, People/Talent, Sales, Marketing and Operations.

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Payroll Tax Changes for Small Businesses Impacted by Coronavirus

Article | April 10, 2020

As small businesses across the country fight to remain in operation and generating revenue despite the coronavirus pandemic, making payroll has emerged as one of the biggest ongoing dilemmas for business owners. Businesses are now compromised in terms of their ability to pay their employees, due to a combination of health concerns, shelter-in-place restrictions, limited foot traffic, and reduced spending by customers. No business owner wants to lay off their staff, but if money isn’t coming in, there are few other options.

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30 Ideas for Small Businesses that Make Money

Article | April 10, 2020

How to Make Money in Business with a Side Hustle Gone are the days of searching print ads for a job to make a living. In today’s environment, the internet is at your fingertips, making it easier than ever for small businesses that make money to start. In fact, setting up two streams of income can be a simple task. Just ask yourself: The internet provides ample opportunities to finance and start small businesses that make money quickly. Many of these opportunities use the skills you already have. These skills can be anything from grammar or technical skills to social media skills. For example, a nutritionist could easily make the case for starting a health food company. Meanwhile, an accountant could partner with a software developer to create a better tax preparation service. You may be better positioned than most people to take advantage of an opportunity by leveraging the expertise you already have. Just because you already have a full-time job doesn’t mean you can’t make multiple streams of income through side jobs. As you pursue these jobs, keeping a positive mindset will be a key to your success.

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Simple Security for Every Small Business

Article | April 10, 2020

If you’re a business owner you really have your hands full, every day, with the minutiae of running your business, balancing your books, orders, employees, scheduling, inventory, servicing customers, payroll, taxes well, you get the idea as you’re living it every day. You might read that and think that I’m crazy, and that you do take security into account, and your office and systems are secure. Frequently, it’s not in the day to day operation of your business which is why we have statistics like this: In the first 6 months of 2019 alone, over 3,800 data breaches were reported, with over 4 billion records being exposed as a result. If you broke it down evenly, that would be over 20 million records stolen every single day this year.

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How to Report Revenue on a Small-Business Credit Card Application

Article | April 10, 2020

When filling out the “revenue” portion of a small-business credit card application, you want to make your small business or side hustle look its very best without stretching the truth. But revenue can swing dramatically from year to year, and credit card applications often don’t spell out what you should or shouldn’t include when reporting it. So what counts as an honest, just-the-facts answer? Generally, in credit card applications, issuers want to know your verifiable gross revenue from the previous year.

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Spotlight

Spring Search Group

Spring Search Group provides recruiting services for startup companies. Our client base is comprised of venture-backed startups with $0M – $400M in revenues. We specialize in building out amazing management teams within Finance, Accounting, People/Talent, Sales, Marketing and Operations.

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