101

101: Compounding and Planning

Back in our inaugural HBS post, we had a look at the way interest rates are set by the Federal Reserve and the effects that rates have on entrepreneurs who need to borrow money to launch or support their businesses.  Now we want to take a look at how rates affect those who are saving to [...]

Posted by on Tuesday, November 22nd, 2011
Posted in 101, Finance and Economics
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101: Exchange Rates Part II

In our previous HBS post we gave an overview of the way that currency markets operate and explained the importance of foreign exchange rates to many small business owners in today’s global economy.  Now let’s take an in-depth look at some of the specific ways that exchange rates can affect your business and propose some solutions [...]

Posted by on Wednesday, November 16th, 2011
Posted in 101, Finance and Economics
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101: Exchange Rates

As the world becomes increasingly interconnected through the forces of globalization and the march of technology, the role of the small business owner has changed dramatically.  Once upon a time, most small businesses were essentially local businesses, producing goods and services for, and acquiring supplies from, a network of customers and vendors that were located [...]

Posted by on Tuesday, November 15th, 2011
Posted in 101, Finance and Economics
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Changing Behavior For Sales Performance Part III

Hidden determinants That Effect Sales Productivity So far we have made a case for the fact that most so called sales training does not work because it is either solely a cognitive exercise to gain knowledge about selling or, worse yet, an emotional pep rally that wears off at the first sign of adversity.  Neither [...]

Posted by on Tuesday, November 8th, 2011
Posted in 101, Sales
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101: Easy Way To Get Your EIN

For those of you out there that haven’t yet had the pleasure of speaking with a representative here at Harvard Business Services; you will find that we are most helpful and friendly and ready to take care of your corporate needs. So, if you have a company that is incorporated through Harvard, congratulations! Now what? [...]

Posted by on Tuesday, October 25th, 2011
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101: Setting Salary

For many companies, setting the salary for a new hire is a huge challenge. You need to attract the right person, retain them after hire, stay within budget, and have a salary structure your organization can grow with.  Getting familiar with some of basic pay practices can help you to feel more comfortable doing this [...]

Posted by on Tuesday, October 11th, 2011
Posted in 101, Human Resources
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101: Job Posting Tips

Recruiting is a numbers game. You need as many people as possible to know you’re hiring. If a thousand people see your posting, you’ll be lucky if a hundred apply. And for every hundred applying, it’s likely only one will be a high potential candidate. That is “needle in a haystack” territory. How can you [...]

Posted by on Tuesday, October 4th, 2011
Posted in 101, Human Resources
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101: Blogging and Twitter Hazards

Recently, I was conducting a media training workshop for a prominent organization and a staff publicist asked me if I would add a few words about the need to be discreet when blogging. There was a back story that offers any of us who blog, tweet or e-mail a teachable moment.  Someone in her organization [...]

Posted by on Monday, September 19th, 2011
Posted in 101
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101: Supply and Demand Part II

In the first of our two-part post on supply and demand, we looked at the relationships that supply and demand have to the price of goods, and we defined the concept of elasticity.  Now let’s move on to see how supply and demand interact in order to create the prices for all of the goods [...]

Posted by on Wednesday, September 14th, 2011
Posted in 101, Finance and Economics
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101: Supply and Demand Part I

At the end of our last post, we discussed some of the factors affecting supply and demand in the commodities markets.  Supply and demand, of course, are not unique to the world of commodities; in fact, they are the forces that shape the market for all goods and services.  As such, it makes sense for [...]

Posted by on Tuesday, September 13th, 2011
Posted in 101, Finance and Economics
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