EnRep Information Exchange

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24 07, 2017

How to Increase Your Business’ Profitability Through Inventory

July 24th, 2017|Accounting, Information, Resources, Small Business|

Inventory is an influential asset that directly impacts a business' profitability. If tracked incorrectly, it can become a liability and negatively affect the business' financial health. Some factors that influence inventory are: Industry history, market behavior, or even the type of product being offered. This site will help you understand the risks of having inventory as a [...]

21 07, 2017

How to Lose Debt as a Small Business

July 21st, 2017|Accounting, Resources, Small Business|

Debt can be an overwhelming fear lingering in the back of every small business owner's mind. The bad news is that, in some cases, debt is unavoidable, however, the good news is that it can be managed!  Whether focusing on cutting costs, boosting revenues, or consolidating loans, here are some great tips to limit the [...]

19 07, 2017

Learn the Pros & Cons of Your Business’ Structure

July 19th, 2017|Information, Resources, Small Business|

There are many types of business structure and, depending on your company's objectives, could either be a benefit or a detriment to your business' development and success.  This article highlights the advantages and disadvantages of each structure. As a small business owner, you should be aware of how the structure of your business is impacting its operations, financial health, [...]

17 07, 2017

Learn About Government Contracting Opportunities

July 17th, 2017|Contracts, Information, Resources, SBA, Small Business|

A part of the U.S. Small Business Administration's (SBA's) mission is to provide resources to help small businesses start, build and grow their companies. One of those resources is to provide assistance on how to sell goods and services to the government, including information on different contracting opportunities within the federal market. This site will [...]

14 07, 2017

What’s the Root of Employee Turnover?

July 14th, 2017|Accounting, Human Resources, Information|

Caleb Newquist takes on the intriguing topic of discrepancy between a CFO's understanding of employee turnover and the reality of the problem, via a survey conducted by Robert Half.  Employee turnover percentages seem to be increasing and this article explains the leading cause of the trend. Also included in the article is important information on tax [...]

12 07, 2017

Know the Different Types of Federal Government Contracts

July 12th, 2017|Contracts, Information, Resources, Small Business|

In order to target the federal government market, a small business should understand the variety and types of government contracts that might be available.  This article provides a list of the most common types of contracts awarded to small and large companies. They range from Sole Source, to Firm-Fixed to Time and Materials contracts, just to [...]

10 07, 2017

Tax Forms, Terminology, & Deadlines for Small Businesses

July 10th, 2017|Accounting, Information, Resources, Small Business|

Small business owners can be overwhelmed by the many types of tax forms that should be submitted and when. It is typically based on the business' operational conditions such as business structure (1065 vs 1120), employee classification (1099 vs W-2), unemployment reporting (940), and living costs (8829), to name a few. Things to consider when filing are [...]

5 07, 2017

SBA’s Local Assistance

July 5th, 2017|Resources, SBA, Small Business|

The U.S. Small Business Administration (SBA) serves as a supporter and mentor for small businesses throughout the United States. The SBA's Local Assistance site provides several resources that might benefit your small business. You'll find district offices, local events and workshops, development centers, Women's Business Centers (WBCs), and Procurement Technical Assistance Centers (PTAC)s, to name a few. [...]

30 06, 2017

How an HR Department Can Increase Your Business’ Efficiency

June 30th, 2017|Human Resources, Information, Resources, Small Business|

One of a company's greatest asset is its Human Resources (HR) Department and it is critical that it remains an integral part of corporate decision-making.  This article explains how HR can create business efficiency through automation, spending, auditing, and more.  It goes on to discuss some of the corporate pain points that the department should [...]

28 06, 2017

Cloud Accounting Assists Growing Businesses

June 28th, 2017|Accounting, Resources, Small Business|

Learn if Cloud Accounting might be right for your small business. Intuit describes the benefits of cloud accounting in this report and how it plays an important role in security, efficiency, and reliability. It also describes multi user access, synchronization features, and future growth that can possibly save on costs and promote greater productivity. Trends show that small business [...]