MYB Year in Review: 2019

As we end one decade and start another, we’re taking a look back at ten of our favorite articles from 2019. Which ones make your list?

In 2019 we explored topics including cybersecurity, using video to market your business, establishing an effective social media presence and so much more. Here is a recap of some of those standout articles.

Hiring Contract Remote Workers Can Benefit a Small Business if Done Right

Not having the responsibility to pay for health care and saving on office space are just two of the reasons many businesses are using contract remote workers. Read these other benefits to hiring contractors and how you can have a successful experience for all parties.

The Benefits and Cost of an Employee Wellness Program

From reduced health care costs to increased employee morale, there are many benefits of a workplace wellness program. Discover the details behind employee wellness programs: the costs associated, the benefits and examples of the limitless possibilities for these programs.

9 Ways to Remove Risk from Your Social Media Policy

Social media is a powerful marketing tool, but it can also open your business up to a lot of risks. Having a strong and clearly worded social media policy can help you mitigate these risks, however. Here are nine things to keep in mind as you put your company's policy together.

Check Your Fiscal Fitness

How fiscally fit are you? You should probably already know the answer to this question but most business owners do not. Answer these 10 money questions and find out.

Don't Act Like a Sell Out When You're Selling

There are going to be times as a sales person when you'll have to modify your behavior to land a sale. Here's how to make sure you don't modify the integrity of your business and your self-esteem in the process.

5 Cybersecurity Tips You Should Put in Place Right Now

On average, a data breach costs the impacted business $3.6 million. And the cost-per-compromised-record is an average $141. If only the companies hit by these data attacks had taken a look at these cybersecurity tips.

Don't Be a Networking 'Slug'

Networking receptions can be a powerful way to generate new business for your company. It's a shame, though, how many people create negative first impressions during these events and end up driving business away. Don't be one of these networking slugs: Follow this advice instead!

5 Ways to End Workplace Dishonesty

There's a lot to understand when it comes to workplace dishonesty, including the reasons behind it and the different forms it can take on. And most importantly, we're bringing you ways to prevent dishonesty from happening at work in the first place. So click here—because, honestly, you can't afford to miss this one.

Making Relationships Work

Before you enter into a new business relationship, it's imperative you really know your new partner. Here is the basic information you need to know, and the proof you need to see, in order to ensure your partnerships work for you.

10 Benefits of Using Subscription-based IT Services for Your Business

From ease of scalability to cost streamlining, more companies are looking to subscription-based IT services to help with their technology needs. Take a closer look at other reasons why companies are making the switch.

 

What was your favorite Mind Your Business article from 2019? Let us know on Twitter!

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  • Next up: 3 Things to Know: Benefits for Your Business

    3 Things to Know: Benefits for Your Business

     

    The benefit of having so many experienced entrepreneurs writing for Mind Your Business is that we have a lot of valuable information to share regarding benefit programs—which can really come in handy during this time of year.

    Here are three things our experts would like you to know about benefits and your business.

    The first thing to know: Employees who are well, do well.

    From reduced health care costs to increased employee morale, there are many benefits of a workplace wellness program. Learn more about the costs associated with employee wellness programs, the benefits of them and examples.

    Healthy, engaged employees are more productive than those who aren’t. Check out this explanation of how to put wellness programs into action.

    The second thing to know: A good benefit package helps attract and keep employees.

    Finding the right talent in any industry is tough. Trying to stand apart from the crowd and be an industry leader in attracting top talent can be even more difficult. Having a solid benefits program that includes things like wellness opportunities, flexibility and more can help.

    When it comes to hiring the newest generations of workers, benefits are even more important than ever before. Research shows that while adequate compensation is important to millennials, so are things like increased vacation time and the ability to work remotely. And, check out what benefits are important to Gen Z when it comes to accepting a position and staying in it.

    The third thing to know: COSE’s multiple employer welfare arrangement (MEWA) could be perfect for your small business.

    If you’re considering COSE’s MEWA but you’re unsure whether or not to move forward, here are five reasons why it could be a good fit. From the strength of network to cost savings, you and your business can unlock big benefits with COSE’s MEWA. Find out more.

    Get caught up on other topics we’ve explored on the blog by reading more of our 3 Things to Know articles.

     

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  • Next up: 3 Things to Know: Starting the New Year off Right

    3 Things to Know: Starting the New Year off Right

    You might be tempted to wind things down in the office as the holidays come and go and we say goodbye to 2019. But if you want a good start to the New Year, take the following advice from our small business experts.

     

    The New Year is quickly approaching, and while there are parties to throw, gifts to wrap—and perhaps even vacations to take—now is actually a great time to start thinking about how you want to approach your business in 2020. Here are three topics our small business experts have written about when it comes to starting the New Year off right.

    First thing to know: Understanding the worth of your business is crucial

    It might not be something you think about often, but a new year is a good time to figure out one of the most important questions about your business: How much it’s worth. Knowing the true value of your business is crucial when it comes to proper business planning and achieving personal goals. Learn more about why this is important and how to conduct a business valuation.

    Second thing to know: It’s a good time to spruce up your brand

    There’s no better time for a brand refresh—or at least a brand touch-up—than a completely new year. Many small businesses don’t regularly evaluate their branding, which can lead to a stale and outdated look and feel. A business does not have to go through a complete rebrand to stay modern and interesting. Every business can see value in making simple updates to better connect your brand with the continually evolving perceptions and values of customers. Here are four easy and cost-effective tips to freshening up your branding.

    Third thing to know: Be mindful of your money

    The end of the year is a great time to review, correct and forecast your financial strategies to better leverage your company for growth in 2020. From consolidating debt to putting a succession plan in place, here are nine ways you can ensure your business is well-positioned for financial success in the new year.

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  • Next up: 3 Things to Know: Vacationing as a Small Business Owner

    3 Things to Know: Vacationing as a Small Business Owner

    Before you decide that you can't get away for some time off this summer, check out these three things to know about vacationing as a small business owner. It will have you packing your bags in no time.

    Even small business owners need to take a break from their work from time to time. Since we are in peak summer vacation season, here are three things you should know when it comes to stepping away from your business.

    The first thing to know: It’s always a good idea. Vacation time, paid time-off, unplugging—whatever you call it, it’s an important part of any workplace wellness program and an effective way to better your bottom line. With a little time off, morale can be improved, stress can be lowered—leading to lower healthcare costs, and your business can witness increased productivity—among other benefits.

    The second thing to know: Your business doesn’t have to suffer. With the proper advanced planning and an effort toward blocking off your schedule, as well as making sure you prepare your clients (and staff) for your time away, you can make the most of your time off. Click here for four ways to recharge without neglecting your business.

    The third thing you need to know: You don’t have to stop learning. Lounging on the beach, being confined to the car on road-trips, and hanging out at home for a stay-cation are all great times to get caught up on topics of relevance to your work and to your growth as a business owner. In fact, here are 11 business books you should have read by now—and if not then add them to your reading list for your next vacation. And, if you’re the one doing the driving, you need to multitask, or the sun glare from your spot on the beach is just too much, learn why audio books and podcasts are good options.

    Speaking of learning, Mind Your Business would like to start featuring books, podcasts and other resources that have had a positive impact on you as a business owner, have helped you grow your business, or that you have personally had a role in writing, creating or producing. Contact us for more details or if you have a story to tell for this new series.


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  • Next up: 3 Things to Know: Running a Business During the Holidays

    3 Things to Know: Running a Business During the Holidays

    Holidays for small businesses mean special offers, holiday parties, and maybe even some down time. Here are three things to know about running a business during the holidays. And, scroll to the bottom for an invite to COSE's ultimate holiday party and annual meeting.

     

    The holidays are quickly approaching so we’re making a list and checking it twice of some of the things our small business experts want you to know about running your business during this (most wonderful) time of the year.

    Need to know no. 1: It’s not too late to come up with a holiday strategy.

    But, the longer you wait the more likely you’ll be to miss out on getting your share of the nearly $1 trillion eager holiday shoppers are expected to spend this season. From offering value to your social followers to ensuring your customer service doesn’t miss a beat, check out these 10 takeaways when it comes to connecting with shoppers. And, here are 8 social media strategies to remember this holiday season.

    COSE is here to help! Small Business Saturday, which is November 30 this year, is a great opportunity for you to unveil your holiday offers—whether that includes discounts or a special event. COSE can help you promote these offerings. Send the details to Allison Halco and they might be featured on our social accounts or in a special Mind Your Business article.

    Need to know no. 2: Make the most of the downtime.

    For many companies—excluding, of course, retail—business slows down during the holidays as people take vacations and defer new decisions on purchases for the following year. This downtime creates a wonderful opportunity to reenergize yourself and your business. Here are five ideas on how to leverage your downtime this holiday season.

    Need to know no. 3: Balance recreation and liability at holiday parties

    Company holiday parties and other social events can promote a winning work culture. But mixing business with pleasure comes with risks. Here’s how to avoid liability at your company’s holiday party or next social event.

    Speaking of holiday parties—Register to attend COSE’s Big Party for Small Biz on December 11 at Music Box Supper Club. Join us as we celebrate another year at COSE’s Annual Meeting, including the ultimate holiday party celebrating all things small biz.

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  • Next up: 3 Things to Know: Business Challenges

    3 Things to Know: Business Challenges

    Owning a business isn't always cupcakes and rainbows; facing obstacles and dealing with challenges are a consistent part of the job. Check out these three things our experts think you should know when it comes to business challenges.

     

    While there are many benefits and rewards to owning a small business, it certainly does not come without its struggles. In this month’s 3 Things to Know article, we challenge you to take a look at your business challenges.

    First thing to know: You are not alone

    You probably know this already but let us reiterate: every business and every business owner experiences hard times. Over the years, Mind Your Business has brought you several opportunities to hear from COSE members about the specific challenges they deal with on a regular basis. We featured interviews the Young Entrepreneur Institute conducted with COSE members, asking them about the most challenging obstacles they face as entrepreneurs. Here’s another interview with Cleveland Chain Reaction finalists who reveal what they find to be the most difficult parts of running a business.

    The blog’s Q-and-A series with investor level members is another way we’ve put a spotlight on these challenges. Here is one under-the-radar challenge that most business owners aren’t talking about from the perspective of one of COSE’s own.

    Second thing to know: Your challenges may be a result of your success

    With new sales, more demands from clients and increased staff needs, it might be hard to keep up with the onslaught of responsibilities of a growing business. If you have trouble delegating or don’t know when it’s time to ask for help, check out these tips to keeping up with your growth.

    Third thing to know: You can be prepared

    Speaking of difficulty keeping up with your growing business, this MYB article features COSE member Tim Dimoff, president of SACS Consulting and Investigative Services, who talks about his struggles with doing just that and how he could have been better prepared.

    COSE is always here to help you overcome small business challenges. Perhaps your challenge is in social media, pitching your business, or finding the resources you need to effectively run your business. Join us October 16 for the Small Business Resource Fair and meet entrepreneurial support organizations, discuss business challenges and opportunities, and more.


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