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BusinessHub

SWBC's BusinessHub blog is a one-stop resource for business owners and company decision makers.

 

The Benefits of Understanding Your Workforce

As a business leader, you have the power to support your employees in their quest for better health by implementing some proven methods that promote healthier employees, which means lower healthcare costs, less absenteeism, and higher productivity.

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7 Steps to Successful Business Exit Planning

Eventually, whether by your choice or circumstances outside of your control, you will end up exiting the business you worked to create. And research proves that you're far more likely to exit on your terms and as you wish if you work with an exit advisor who can walk you through the exit planning process. Here is a snapshot of the seven-step process we use at SWBC. To start preparations for your exit, consider how you'd proceed through each step.

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Network Diagnostics Part 1: How Strong is Your Company's Cyber Security?

Cyber attacks and data breaches have become a recurring trend in today’s society, and the most valuable currency is customer data. In the business world of sensitive customer records and data, virtually all consumer and company data is prized by hackers and worth protecting for your business.

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The State of the 2019 Housing Market

Rising mortgage rates, slower home sales, and urban booms happening in cities across the country— what does all of this mean for the state of this year’s housing market?

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5 Steps to Engaging Remote Employees in Your Wellness Program

As companies continue to increase their number of remote workers in efforts to remain competitive and attract top talent, the list of pros, cons, and challenges remains.

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3 Ways to Increase Safety on Your Construction Site

By nature, managing and working on a construction site can be risky business. The combination of heavy equipment, loud noises from said equipment, and just the general nature of the work, construction can be one of the most hazardous industries. Ensuring your construction worksites are safe is critical to the health of both your employees, your reputation, and your bottom line. While there's no perfect formula to avoid accidents, simply because humans are by nature imperfect, there are programs and steps you can implement to increase job site safety.

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Preparing First-Time Leaders for Success

So, you have a star employee on your team—a proverbial rock star. She knows what is expected of her and excels at every turn. She shows initiative and creative problem solving skills. She is an informal leader and her peers respect her and see her as an expert. She lives by your company’s values and has earned the trust of everyone she works with. You know about an opportunity for her to move into a management role, but how do you set her up for success?

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5 Ways to Control Your Business' Overhead Costs

Operating a successful business takes work, dedication, and money—sometimes a lot of money. Giving your business its best chance at success requires funds to purchase equipment and supplies, pay for assistance and labor, and establish a storefront or office location. Operating costs and overhead expenses are necessary for success, but you can use strategies to keep them under control. The payoff is worth it, since growing a business offers outstanding potential returns for your invested dollars.

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4 Pitfalls to Avoid When Protesting Your Commercial Property Taxes

This is the time of year that commercial property owners tend to dread—the deadline for filing property tax protests. May 15 (the protest deadline) is right around the corner, and however inconvenient it may seem to deal with the hassle of protesting, it is worth the cost savings—if you engage an experienced, knowledgeable property tax consultant. The fact is, according to the National Taxpayers Union Foundation, about 30-60% of taxable properties in the U.S. are over-assessed, so there is a good chance your commercial property(ies) are, too. If you decide to be one of the 5% of taxpayers that actually challenge their tax assessment with your local appraiser, here are a few pitfalls to avoid when protesting your commercial property taxes:

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5 Ways to Build a Successful Internship Program

Let's be honest, we've all worked at companies where college interns are thought of as the bottom man or woman on the totem pole. You may have even been at the bottom of that totem pole yourself some time ago! Interns are asked to do the most minuscule tasks like grabbing coffee, filling up the copier with paper, sorting mail, and anything else you can imagine. Although these tasks need to get done, could your intern be utilized in a way that is more impactful and beneficial to your company? Here are a few things to keep in mind when hiring your next intern to help you build your very own successful internship program.

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