Calculate the Cost of Your Employees Before Making Spending Decisions
Calculate the cost of your employees before making spending decisions
It makes sense to think about how much it costs you to employ your workers when making decisions about other expenses. Based on the assumption a worker with a $50,000 salary costs about $40 an hour to employ, it's worth it to buy new technology and pay for useful magazine subscriptions, writes Tim Berry of Palo Alto Software. It's also a good idea to have meals during meetings, he writes. Planning Startups Stories blog (2/9)
How to secure your data and stay productive on the road
A number of tools can help you to be more productive and better protect your business data while traveling, writes Natalie Sisson. For example, the FindmyiPhone application can help you to locate your lost smartphone, and Gmail's offline feature can help you to manage your e-mail even when you aren't online. Forbes (2/10)
The right way to borrow money to build your business
Most companies should put borrowed money toward revenue-generating activities, writes Tom Gazaway of Hawkeye Management. When borrowing money, it's important to keep business loans from affecting your personal credit, to make the most of tax benefits and to keep interest costs low. SCORE Small Business Success Blog (2/10)
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