A non-disclosure agreement is a legally binding contract in which one or more parties agree to keep information private. Commonly referred to as the ‘NDA’, this is the most common type of contract used in B2B businesses- and between employers and employees. Despite its commonality, too many business owners make the mistake of doing business […]
5 Common Mistakes Businesses Make With Payroll Services
To make sure you are doing your employees justice, our professionals over at Excellent Admin have put together 5 common mistakes that business makes when it comes to payroll services. By keeping these mistakes at the forefront of your mind, hopefully, you as the employer can avoid them. Having employees in your company comes […]
What is Business Forecasting and How Can Businesses Use It?
Business forecasting gives your company insight into what your potential is for the future. It gives you a clear insight into where you have been, and what you can expect to see moving forward. Using business forecasting, you can get an insight into the future based on your business growth, the state of your industry, […]
How to Use Budget Percentages to Make a Budget Plan
I’m sure you have heard of the 80/20 rule. It’s a business rule that says 80% of your business comes from 20% of your clients. Although there is room for error with these percentages, they tend to sit around these general numbers. The best thing about the 80/20 rule is it can be applied to […]
Employee Pay Management- 4 Tips for Maintaining Employee Pay Hours
Employee pay management can be a struggle if you aren’t using the right equipment or separating your stubs in the right way. Often times, clients tend to find themselves swimming in an ocean of poorly kept records and boxes of papers piled high to the ceiling. If this sounds familiar, you aren’t alone. That’s why […]
Recruiting Employees – 5 Ways to Attract Talented Employees to Your Business
Sometimes it’s hard to find the right people for your team. Building a solid team and recruiting employees requires a bit of work and a ton of patience. Staying open to new avenues and meeting tons of people is truly the best way to expand your team with quality team players. Here are 5 ways […]