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Getting Started

New to home-based business? Learn about the essentials of setting up and running a successful business from home, including choosing the right business structure and tools.

  1. In any hiring process, grasping the specific needs of your team is crucial. You start by developing a clear recruitment plan and crafting a detailed job description to attract suitable candidates. After sourcing candidates through various channels, you’ll screen applications and conduct thorough assessments. Each step plays a critical role in finding the right fit for your organization. So, what comes next after the interviews? Key Takeaways Assess team needs and define the role to identify required skills and qualifications. Create a comprehensive job description that reflects company culture and attracts suitable candidates. Utilize various platforms for sourcing ca…

  2. In conflict resolution, comprehension of key strategies can greatly impact outcomes. Identifying the underlying interests of all parties promotes collaboration, whereas active listening techniques—like paraphrasing and clarifying questions—encourage open dialogue. By brainstorming alternative solutions and focusing on mutual interests, you create a cooperative atmosphere. Additionally, addressing emotional grievances can lead to a deeper insight into true interests. Exploring these strategies can improve your conflict resolution skills and lead to more effective outcomes. What specific techniques will you implement first? Key Takeaways Identify the underlying interest…

  3. Recently, KeyBank National Association agreed to pay $7.77 million to resolve allegations of fraud related to its handling of Paycheck Protection Program (PPP) loans designed to help small businesses during the pandemic. This settlement highlights significant implications—not just for banking institutions but also for small business owners navigating the continuing fallout from the COVID-19 economic crisis. The U.S. Department of Justice (DOJ) announced that KeyBank’s actions violated the False Claims Act by submitting for forgiveness fraudulent loans obtained through an inside scheme orchestrated by one of its branch managers. Specifically, Tommy Hawkins, a former bank …

  4. IRS Chief Operating Officer Melanie Krause will assume the role of acting IRS Commissioner following the retirement of Doug O’Donnell, the Internal Revenue Service’s acting Commissioner since January, the U.S. Department of the Treasury announced. O’Donnell, who has spent 38 years at the IRS, plans to retire on Friday after serving in multiple leadership roles, including as Acting Commissioner from November 2022 to March 2023. “On behalf of the Treasury Department, I want to thank Doug O’Donnell for his decades of public service and dedication to the nation’s taxpayers,” said Treasury Secretary Scott Bessent. “He has been a remarkable public servant, and I wish him the …

  5. Landbase has announced the launch of the Campaign Feed, a new enhancement to its agentic AI-powered go-to-market (GTM) platform, along with the acquisition of Delegate, a company known for its predictive and automated customer success solutions. These developments are aimed at accelerating Landbase’s mission to automate omnichannel sales outreach and improve go-to-market strategies through advanced AI-driven solutions. The Campaign Feed is designed to address key GTM challenges such as fragmented data, manual processes, and ineffective audience engagement. With the new capability, users receive AI-enriched campaign recommendations that can be reviewed, approved, edited, …

  6. A recent shift in Small Business Administration (SBA) policies has sparked serious concerns among small business owners, particularly those with immigrant ties. According to a letter from Ranking Member Edward J. Markey (D-Massachusetts) and 18 other Democratic lawmakers, new citizenship verification requirements imposed by the The President administration could be significantly stifling access to crucial SBA lending programs. The changes, which rolled out in June, have led to a staggering 46% reduction in small business lending from June to August 2025. This drop comes on the heels of new eligibility criteria that have tightened the accessibility of SBA loans for busine…

  7. Key Takeaways Embrace Effective Sales Strategies: Understanding and implementing proven sales strategies can significantly enhance your customer engagement and overall sales performance. Prioritize Sales Techniques: Utilization of effective techniques like cold calling, relationship building, and continuous training plays a crucial role in driving higher conversion rates and fostering customer loyalty. Learn from Successful Entrepreneurs: Insights from industry leaders emphasize the importance of setting specific sales goals and understanding customer needs to refine sales tactics and improve outcomes. Build Lasting Customer Relationships: Establishing strong relati…

  8. Lenovo has unveiled a new lineup of AI-powered desktop PCs and business monitors aimed at boosting workplace productivity, multitasking, and scalability across industries. The announcement, made on May 14, 2025, introduces the ThinkCentre M Series Gen 6 desktops and ThinkVision T Series Gen 40 monitors—both built to meet the increasing demand for AI-ready computing environments. The ThinkCentre M Series Gen 6 includes towers, compact desktops, and all-in-one (AIO) systems designed to deliver scalable power and enterprise-level security for businesses of all sizes. Each desktop is engineered to support AI workloads such as model training, data analysis, and 3D visualizati…

  9. A new Lenovo-commissioned study conducted by IDC reveals that global organizations are significantly increasing AI investments, but concerns over return on investment (ROI) remain a primary barrier to broader adoption. The 2025 CIO Playbook: It’s Time for AI-nomics reports that AI spending is expected to nearly triple in 2025 compared to last year, yet business leaders remain divided on its long-term value. Key Findings: AI Investment and ROI Challenges While AI adoption is accelerating, financial risk and uncertain ROI remain the most cited obstacles. The study found that 37% of management remains skeptical or has reservations about AI’s impact, despite 90% of IT profes…

  10. Lenovo has introduced a new lineup of AI-powered Yoga and IdeaPad laptops at MWC 2025, along with software advancements and innovative concept designs aimed at enhancing creativity and productivity. The company’s latest AI-driven devices include the Yoga Pro 9i Aura Edition, the IdeaPad Slim 3x, and the Yoga Solar PC Concept, which leverages renewable energy to power a laptop. “As we push the limits of AI innovation higher than ever, it is important to remember that delivering access to AI for all is equally a core tenet of Lenovo’s philosophy,” said Jun Ouyang, Lenovo’s Senior Vice President and General Manager of the Consumer Segment, Intelligent Devices Group. “With …

  11. Lenovo has announced a refreshed lineup of ThinkPad mobile workstations and business laptops designed for the AI-ready workforce. Introduced today, the new portfolio includes powerful Copilot+ PCs such as the ThinkPad P14s Gen 6 AMD and ThinkPad P16s Gen 4 AMD mobile workstations, alongside updates to the ThinkPad L Series and expanded ThinkPad X1 Aura Editions. “Lenovo is defining the new era of AI computing for professionals with advanced workstation solutions that empower the workflows for people that design and build amazing things,” said Rob Herman, Vice President, Worldwide Workstation and Client AI Business at Lenovo. “With exceptional performance in a mobile form…

  12. Small businesses are always operating within the most narrow of margins. Every sale counts, and every team member needs to not only wear multiple hats but perform at the top of their game, as resources remain slim. Key to small business longevity is visibility. Small business owners must know what their staff is working on and maintain open lines of communication in case priorities need to be shifted on a dime. These efforts are far more straightforward when processes haven’t yet been formalized, but scale in difficulty as new pieces of technology get added to a company’s back office operations. A reliable piece of scheduling software, embedded in a small business’s tec…

  13. LexisNexis Legal & Professional has introduced an enhanced conversational search feature in its Nexis+ AI platform, aiming to accelerate research and business intelligence through generative AI-powered search capabilities. The update enables users to conduct conversation-based searches across a vast repository of licensed news and corporate data, including the industry’s largest collection of Gen AI-approved news datasets. Conversational Search and AI-Powered Research Launched in July 2024, Nexis+ AI is designed to assist researchers with AI-driven tools that streamline data discovery, document analysis, report synthesis, and news summarization. The newly introduced …

  14. LinkedIn has announced the release of its fifth thinking-oriented game, Zip, marking another addition to its growing collection of games designed to foster connection and engagement among users. Zip is available to play starting today. The announcement comes nearly a year after LinkedIn Games first launched, and according to the company, user engagement has remained high. “84% of people who play today will play again tomorrow, and 80% will still be playing a week from now,” LinkedIn reported. LinkedIn states that the games have become “a fun and valuable way to strengthen connections, spark conversations, and encourage friendly competition within professional networks.”…

  15. In an ever-evolving job market, LinkedIn Premium has rolled out a suite of new perks designed to empower professionals, particularly small business owners and entrepreneurs, as they navigate their careers and grow their enterprises. Recently announced enhancements include three months of complimentary access to two popular platforms: YouTube Premium and Spotify. This initiative aims to help users not only learn and develop professionally but also take breaks to recharge. The motivation behind these perks is clear: to foster stronger connections and skill development that can lead to new opportunities. LinkedIn’s data indicates that nearly 40% of Premium subscribers have …

  16. LinkedIn has released a comprehensive analysis that highlights significant trends in hiring and job creation, particularly relevant for small business owners navigating today’s competitive landscape. As the job market continues to evolve, understanding these dynamics is crucial for small businesses looking to attract and retain talent. One of the standout findings is the overall increase in LinkedIn’s hiring rates across key global markets. The percentage of LinkedIn members adding new employers to their profiles has seen a noticeable uptick, suggesting that job opportunities are on the rise. This is particularly salient for small businesses, which often compete with lar…

  17. In a rapidly evolving job landscape, many small business owners might be surprised to learn that nearly 80% of employees feel unprepared for the future of work, according to new research from LinkedIn. This statistic underscores a critical gap in skills that could impact not only larger enterprises but also the smallest of businesses striving to adapt in a shifting market. The research highlights that with technological advancements and an increasing focus on soft skills, small businesses face both opportunities and challenges. Small business owners have an advantage—they can pivot quickly. However, this flexibility comes with a pressing need for robust workforce skills …

  18. Started by ResidentialBusiness,

    If you’re considering investing in a franchise, there are several promising options available that cater to diverse interests and markets. From tech repairs with Techy to customizable dining experiences at Blaze Pizza, each franchise offers distinct advantages. Furthermore, services like senior care from Right at Home and health-focused businesses like Smoothie Factory present unique opportunities. Comprehending the specifics of each franchise can help you identify the best fit for your entrepreneurial goals. Let’s explore these options further. Key Takeaways Techy Franchise: Specializes in gadget repair with an initial investment of approximately $150,000 and strong …

  19. When considering franchise opportunities, comprehension of the costs associated with each option is essential. The top 10 franchises vary greatly in investment requirements, from affordable options like Cruise Planners at $10,995 to more expensive choices like Bojangles, which exceeds $2.6 million. Analyzing these costs will help you evaluate financial commitments effectively. As you explore these franchises, you’ll discover not just their investment ranges but likewise what they offer in return. Key Takeaways Franchise costs range widely, from under $25,000 for Cruise Planners to over $1 million for traditional restaurants like Bojangles. Mr. Rooter has an initial fr…

  20. If you’re considering a franchise investment, you’ll want to explore the top seven franchises recognized for their strong performance and growth potential. Brands like McDonald’s and Chick-fil-A are known for their impressive sales figures, whereas Dunkin’ and 7-Eleven offer accessible investment options. The UPS Store capitalizes on the increasing demand for e-commerce services, and franchises like Superior Insurance provide flexible business models. Comprehending these options can help you make an informed decision. What factors matter most to you in a franchise investment? Key Takeaways McDonald’s offers a globally recognized brand with high sales potential and exten…

  21. The process of managing LLC business taxes can be confusing and overwhelming, but with the right understanding of the laws and regulations, it’s not as complex as it seems. That’s why we created this comprehensive guide to help you understand everything you need to know about LLC taxes. What is a Limited Liability Company LLC? An LLC is a type of business structure that combines the tax benefits of a partnership with the liability protection of a corporation. In an LLC, owners are referred to as “members,” and their personal assets are typically protected from company debts or lawsuits. The management structure of an LLC can be either member-managed or manager-managed, …

  22. With the festive shopping season fast approaching, small business owners have a crucial opportunity to capture consumer attention on Small Business Saturday. However, as a new report from SurveyMonkey highlights, many potential shoppers remain unaware of local stores and services, creating challenges that need addressing. The SurveyMonkey data reveals that awareness is a key barrier for 41% of consumers who do not plan to shop on this important day. This sentiment underscores the necessity for small business owners to engage in community outreach and branding efforts. “Small business owners must prioritize visibility in their local markets to convert foot traffic into sa…

  23. The City of Long Beach is now accepting applications for its Visual Improvement Program (VIP) Grant, a financial assistance initiative offering up to $1,500 to small businesses and nonprofits impacted by crime or vandalism occurring on or after October 1, 2022. The grant aims to help cover the cost of storefront repairs, boarding, insurance deductibles, and operating expenses. Applications are open on a rolling basis and will remain available until all funding is exhausted. Awards will be issued as funds become accessible, and applicants will be notified if additional information is required during the review process. The City states that a minimum of 50% of grant award…

  24. In an exciting development for small businesses and residents in Los Angeles, a new community Wi-Fi initiative has launched, aimed at closing the digital divide and promoting economic opportunities along the Crenshaw Corridor. The Crenshaw Community Connectivity Pilot, a collaboration between the City of Los Angeles, Cisco, and a network of local nonprofits, promises free internet access in key public areas, enhancing connectivity for both local businesses and visitors. At a time when digital access is vital for success, this initiative addresses gaps in internet availability that have long hampered economic and educational growth. By providing free Wi-Fi along significa…





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