Monday, November 26, 2012

Wave Small Business Automated Payroll System

Wave Small Business Automated Payroll System

Link to Small Business Trends

Wave Small Business Automated Payroll System

Posted: 25 Nov 2012 11:00 AM PST

Running payroll is one of those tasks that most small business owners don't look forward to. There are many tools available for these businesses, but many are either time-consuming or complicated and overrun with unnecessary features. Now, American small businesses have one more option that is not only small business specific, but also automated to save time.

Wave Accounting just launched the U.S. edition of Wave Payroll, the cloud-based payroll solution aimed specifically at small businesses.

Wave prides itself on being easy to use, claiming that businesses don't even need any knowledge of accounting to use the application. Part of what makes it easy is the ability to link it to your business bank account or credit card so that it automatically updates and imports each transaction.

Wave Payroll allows businesses to manage employee payments, payroll taxes, vacation time, deductions, documents and more.

And since it's cloud based, it also offers an easy way to collaborate or share information with your company's accounting professional. Simply inviting them to your account as a guest collaborator will give them access to your data.

The photo above shows the timesheet section of the Wave Payroll dashboard. It allows for employers to simply enter in hours worked and then Wave automatically updates the rest of their payroll information based on that data. The left side of the photo also shows all the other options offered by Wave Payroll, including pay stubs, remittances, and employee data.

It is free for users to sign up for Wave Payroll, and running the service costs $5 or less per employee per month.

In addition, Wave will offer an option to handle tax filings and deposits for a flat fee of $25 per employer per month beginning in January 2013.

With so many different accounting options available, it can be difficult to find the one that best fits your company's needs without going overboard and paying for a lot of features you simply won't use.

And although there is no shortage of options to choose from, Wave's automated system that's been built specifically for small business users could now become a viable option for American small businesses.

Launched in 2010, Wave Accounting is based in Toronto, with additional offices in Rochester, New York. The company has users in more than 200 countries. Wave Payroll first launched in Canada in February.

The post Wave Small Business Automated Payroll System appeared first on Small Business Trends.

Entrepreneurial Resources to Help Women Business Owners

Posted: 25 Nov 2012 08:00 AM PST

Last month was National Women's Small Business Month – one of the fastest growing segments of the small business community.  Today, about 30 percent of small businesses are owned by women, compared to about 5 percent in 1970 – that's 7.8 million businesses growing at twice the growth rate of men-owned businesses.

Despite this growth, women business owners continue to face very particular challenges such as gender  and racial discrimination from vendors, investors, and even employees while juggling the demands of maintaining a work / life balance.

women business owners

Access to capital is also an issue, according to a member survey conducted by the National Association of Women Business Owners (NAWBO) survey. It revealed that women rely on personal savings as their main source of business financing and often don't apply for business credit because they believe they will be turned down.

Likewise, 50 percent of African American women business owners have encountered obstacles or difficulties when trying to obtain business financing.

Being your own boss doesn't mean you have to literally go it alone, and for women business owners, there are a wealth of assistance and training resources across that can help. Here are five free and membership-based resources that women business owners can tap into:

1. Women's Business Centers

Located across the U.S., Women's Business Centers (WBCs) provide women entrepreneurs with in-person assistance and business counseling programs that can help them start and grow successful businesses. Each center is tailored to the needs of the specific community and offer guidance and training on a variety of topics including:

  • Preparing for business ownership
  • Business planning
  • Business management
  • Marketing
  • How to navigate the business loan process
  • Opportunities for selling to the government

WBCs can specifically benefit women who are economically or socially disadvantaged and wouldn't otherwise have access to comprehensive training and counseling offered in many languages.

2. Mentoring and Counseling Services from SCORE

With a network of over 13,000 volunteers (all of whom have business management and ownership experience), SCORE provides free and confidential counseling, mentoring, and advice to startups and small business owners nationwide. SCORE's volunteers have business experience across 62 industries. SCORE also offers low cost seminars at its local chapters and online training

3. National Association of Women Business Owners

NAWBO is a membership organization that provides resources (conferences, training, regional chapters) and networking opportunities for women in business.

4. National Association for Female Executives

As one of the largest associations for women business professionals, NAFE has a robust website full of resources, blogs and articles, as well as discounts on business equipment and services.

5Women Impacting Public Policy 

If you are passionate about the success of women in business, WIPP might be the organization for you. This nonpartisan public policy entity advocates for and on behalf of women-owned businesses in legislative and policy matters. In the above image, taken during WIPP’s Give Me 5 Advanced Procurement Workshop, organizers Lourdes Martin Rosa, Karen-Michelle Mirko, and Gloria Larkin stand for a photo.

WIPP also offers a wealth of training and knowledge on everything from exporting and gaining access to capital.

The post Entrepreneurial Resources to Help Women Business Owners appeared first on Small Business Trends.

Awaken Your Productivity With Fearless At Work

Posted: 25 Nov 2012 06:00 AM PST

You have to find the translation of comic book heroes into popular movies fascinating.  Characters from childhood fantasies have been reimagined to fit every real life concern, from the complication of terrorism that underscores Chris Nolan's Batman trilogy to teen angst represented by The Amazing Spiderman.

It makes one wonder what does it take to be truly fearless in real life.

Michael Carroll seems to believe he has the answer, at least for how we work. Thirty seven years of Buddhist training infuses his career as a human resources executive and professional coach. The thoughts are profoundly captured in his book Fearless at Work: Timeless Teaching For Awakening Confidence Resilence and Creativity in the Face of Life's Demands.  I discovered the book through NetGalley and requested a copy.

Carroll organizes 38 principles based on Tibetan practices (He explains the practices further in an appendix).  The principles are eye-opening words for contemplation.  Five sections organize the principles to be easy to find:

  1. The five primary slogans, meant to be spiritual facts of life.
  2. Exploring the ironies of cowardice – learning to admit fear.
  3. Taming the mind.
  4. Establishing a fearless presence.
  5. Living a skillful life.

You can read them sequentially, each building on each other. You can also read in your own order, useful for reminders, though Carroll recommends to read the 5 primary slogans. These are meant to help us engage life on our terms, instead of feeling out of control:

  • Face the Fierce Facts of Life
  • No Delight No Courage
  • Recognize Fear
  • Discover the Jewel of Fearless Abundance
  • Command Gracefully

The principles support any journaling you choose to do in developing one's avocation.  Each principle ends with a brief summary paragraph.

When digging deeper into the text, be prepared for startling phrases – not sure I would think of myself as a coward, for example, but it's the word Carroll uses to get to the heart of vulnerability. It supports the facts of life outline in the primary slogans, so I appreciated the point the author makes – to appreciate a full aware of my life.

Acceptance is a hallmark of the first pages, beginning with a listing of ideas supporting the first term, Face the Fierce Facts of Life:

To be human hurts – at times unbearably so. Anything can and does happen. Each of us is alone. We are born alone and we die alone.

Now this is a heavy thought, for sure, but Carroll wisely explains each listing and expand the thought carefully so that jolt from the phrases connects to professional thoughts that everyone has mostly likely entertained in their career:

The slogan "Be a flagpole" reminds us that leadership is not always moving forward, getting it done, and driving results. Sometimes it requires us to stop ad simply be – often in the midst of the most difficult circumstances.

I felt the most applicable thoughts to a reader who owns a small business is Living a Skillful Life. I thought the section spoke to connecting skills to ambitions through a spiritual conversation.

Ever met a small business owner who believed so much in their skills or product offering?  I'm sure you have. Everyone has.  And in every case these small businesses truly believe in their business, in some ways similar to an evangelist believing in the life calling.

Many segments address behavior to account one's self for undertaking an action.  For example, Don't Kick The Dog. I had to brace myself for that phrase. It means do not do something needless to alert people of a superior position you have, a petty action. If you kick the dog, it will bark, which leads to other dogs in the neighborhood barking along.

Here's a better explanation of it:

The slogan Don't Kick The Dog reminds us that we can pay a heavy price when we chose emotional victories over fearlessness….such emotional victories can seem satisfying in the moment, but it inevitably leads to wider "barking" and useless emotionality.

You have to read the chapter to learn a how the phrase came to be. Regardless, in simple language, when you are petty, others will know and "bark"…er, relay.

You'll remember the emotional speedbumps that can impede fearlessness, and as a result, impede productivity and teamwork.  Taking a vejra view of aggression – the fluid nature of underlying feelings – shows how to draw upon assertiveness without improper bullying, while part three, Taming the Mind, notes mindful awareness and meditation in establishing a fearless presence.

Another segment, Just Slow Down, is a reminder of good judgment not being rushed.

Carroll wrote this book, along with Awake at Work, and Mindful Leader, to address what it is people really are striving to be personally and professionally – happy, stress-free, fulfilled. Fearless at Work is not meant to provide organizational process, but is a good journal for applying self-introspection in the middle of small business chaos.  Like books such as Switch, Drive, and Adaptability, Fearless at Work does not tell try to interpret situations, but merely provide an overarching viewpoint that you can apply during your daily activities. Once you do, you'll feel more like a superhero instead of looking for a hero.

 

The post Awaken Your Productivity With Fearless At Work appeared first on Small Business Trends.

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