CalSavers, a state run auto-enroll ROTH I.R.A., launched in 2019 as a response to California legislation for all types of employers to offer some type of retirement plan for their workers to save in attempt to help today’s workforce adequately prepare for a financially secure future. As a small …
Small Business Resources
Nine Lessons for Business Success: Get Involved With Your Company
If it’s your job to eat a frog, it’s best to do it first thing in the morning. And if it’s your job to eat two frogs, it’s best to eat the biggest one first. – Mark Twain What does it mean to get involved with your company? A small business owner gets up each morning and eats frogs. Those …
Employee Engagement: Purpose That Inspires
Imagine you are in the job market, and just came across this chart. Would you be inspired to join the workforce? Today’s workforce is proving to be quite dynamic and diverse. Those willing to engage their employers, and those willing to understand an employer’s culture before joining will …
6 Cash Flow Management Best Practices for Small Business Entrepreneurs
The world we live in is fast-paced, and businesses rise and fall in an instant. In 1998, Nokia was the biggest mobile phone brand in 1998 and in 2003, they launched the Nokia 1100, which was the best-selling mobile phone of all time. However, in 2007, the iPhone arrived and in a mere six years, the …
5 Helpful Small Business Social Media Tips from Marketing Professionals
There are different ways that you can market your small business to your audience in the digital age. You can use online advertising, but advertising is similar to renting an audience. There is email marketing, but this form is more of a sales channel rather than a means to build a connection with …
8 Ways How to Make Sense of Your Small Business Financial Statements
Launching and running a small business is a challenging task, and it gets even more complex if you need to handle your financial statements single-handedly. One study suggests that almost 30% of small businesses fail because they run out of cash, which clearly show how important it is to keep an eye …
4 Top Rated Sales Management Software Apps for Small Businesses
Sales as a discipline is arguably the biggest winner of the internet revolution, with around 12 percent of the busiest 100 thousand websites belonging to eCommerce entities. With such a well-developed infrastructure, snagging a piece of the pie for yourself is difficult, and there are tools that can …
Is My Small Business Bankworthy?
“You’re not a good fit with our bank. We wish you the best of luck in finding a financial institution who can meet your needs.” How many times have you heard that from your friendly local banker? More times than you care to admit. I recently spoke to a banker who put into perspective the …
Shop Oakland Now: A New Opportunity For Local Small Businesses
Our SFEDA and East Bay EDA partner Main Street Launch, a fellow nonprofit supporting Oakland small businesses, has launched Shop Oakland Now, an online directory of Oakland small businesses. Their goal is to create a customized profile for each small business operating in the City of …