The straight line

Category Archives: Small Business Planning

Demonstrate that Your Firm Won’t Tolerate Harassment

It’s probably impossible for your company to eliminate any chance of harassment, but there are precautions you can take to help win a lawsuit filed by an employee: Above all, have a sound company policy against harassment, which includes discrimination based on sex, race, color, religion, national origin, age or disability. Make sure your employees are aware of...

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Keep a Tight Rein on Branch Operations

If your company has branch operations, or you’re thinking about setting up satellite businesses, you need to take steps to avoid excessive departmentalism. The more business you do outside of corporate headquarters, the more likely you are to run into competition among the satellite operations. Moreover, branches can differ in terms of morale, business culture and customer...

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Focus on Your Profit Centers

It can be a hard choice to make, but successful companies often have to make strategic decisions to “fix it or exit.” In other words, every element of a business must earn its keep, be fixed or let go. Companies must have a growth and profitability mentality that prompts them to maintain their winning profit centers and...

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Protecting Wire Transfers

If your company uses wire transfers, you’ve solved some of the headaches involved with paper checks. With wire transfers, you know that a payment arrived and isn’t “lost in the mail.” You also avoid some of the risks of forgery and other check fraud schemes. However, wire transfers have their own pitfalls. If you don’t have...

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