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Small Business Link Roundup For October, 2017

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Here are some of the best articles we found in the month of October:

Don’t Wait for Someone Else to Make Your Dream a Reality

It is never too early or too late to pursue an idea whose time has come. Leah and Bea Koch understand better than anyone, that if you see a gap and want to fill it, you should not be afraid to take the leap.

Growing up in Chicago, the sisters were — and still are — voracious readers. They have long been fans of romance novels, everything from Jane Austen to more contemporary fare. But when they went to search for new titles, they often found themselves in stores that didn’t carry them at all or were met with booksellers that didn’t think much of the genre. (read more here).


What You Need to Know about Exempt vs Non-Exempt Employees

Your business is all set up and you’re ready to make your first hire. Congratulations! Is your employee going to be hourly or salary? exempt or non-exempt? haven’t thought about these questions yet? You’re in good company as misclassification of employees is the most common business mistake that leads to fines.

According to the United States Department of Labor, overtime pay violations may result in fines up to $1100.00 per violation. In order to determine if an employee is subject to overtime pay, you must first determine if they are exempt or nonexempt under the Fair Labor Standards Act (FLSA). How do you do that? Here is an extensive breakdown on the FLSA (read more here)


9 Simple Reminders That Will Make You a Better Leader

Here are nine things to remember about leadership that will stop you from making it more difficult for yourself than it needs to be, and help you become a better leader.

1. As you don’t do much of the actual work, focus on making life easier for your teams, rather than harder: A leader’s role is to increase both the effectiveness and the efficiency of the company teams to drive improvements. But adding unnecessary bureaucracy, holding long, boring meetings–especially those that could be replaced by an information email–or requesting reams and reams of reports that no one is going to read doesn’t fall into this category.(read more here)


11 Habits of High Growth Companies

Growing a company is no easy task. Just ask the CMO of ClassPass, Joanna Lord, who has worked with seven (yes, I said seven!) startup companies to help them increase and maintain growth at a healthy rate.

Lord currently heads the ClassPass marketing team, and is a key contributor to the company’s recent hockey-stick growth. In the past three years alone, ClassPass has grown to over 200 employees, expanded their services to 39 cities across the globe, and garnered $154 million in funding. So what’s her secret to success? (read more here).


How to Create a Remarkable Employee Performance Review System

Reviewing an employee’s performance can be something managers and employees dread the most. Why? For the manager, the conversation feels like it’s just another item on the to-do list. For employees, Jim Harter of Harvard Business Review wrote, “Performance management is often a source of great frustration for employees who do not clearly understand their goals or what is expected of them at work. They may feel conflicted about their duties and disconnected from the bigger picture. For these employees, annual reviews and developmental conversations feel forced and superficial, and it is impossible for them to think about next year’s goals when they are not even sure what tomorrow will throw at them.” (read more here).


If you missed last month’s roundup, we had some great articles featured:

[Small Business Link Roundup for September]


Author: Raya Khashab

Raya is the CEO and co-founder of ezClocker. She is passionate about customers and building products that change the way people run their business. She is also a big supporter of the startup community and helping people achieve their dreams.

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