Read the Latest Insights for Small Businesses & Nonprofits
Financial guidance, branding wisdom, and real-world stories written for small businesses, nonprofits, and entrepreneurs.
from the blogWhy Human Resources Management is Essential for Small Business
What is Human Resources Management (HRM), and why is it important to your business? Human resources are the people that make up your workforce—from the largest corporation to the smallest business or nonprofit organization. They are the engine that power your ability to invent things, produce things, fix things, sell things, or deliver services. Humans bring much of the value to your enterprise.
New Sick Leave Law Begins January 1, 2018
Washington State’s paid sick leave initiative, I-1433, will go into effect on January 1, 2018. While this initiative covers new minimum wage rates for future years and important language regarding tips and service charges, most of the initiative revolves around the new requirement of Washington State employers to provide paid sick leave to employees. Wondering if this applies to your business? Chances are good that it does!
Clarity Welcomes Lisa Minnihan
Lisa is a business development and human resources professional with deep roots in the community. Over the course of her career, Lisa has worked in many small businesses, been an entrepreneur, worked in healthcare, served as a paralegal for a local law firm, worked as a behavior intervention specialist in the Port Townsend School District, and successfully launched a nonprofit. Most recently she served as the Human Resources Director, and Director of Finance and Business Administration, at Discovery Behavioral Healthcare. We are fortunate to have someone who can bring experience from so many economic sectors! Her background gives her insight into the joys and challenges of running small- and medium-sized businesses and nonprofit organizations. She holds an MBA with a specialization in Human Resource Management from Walden University. We are excited to have Lisa join the team at Clarity!
Creating a Simple Budget
This month we wrap up our three-month series on planning for 2018 with a process for creating a simple budget. Below you'll also find a link to last year’s article on preparing for year-end financial tasks.
Many entrepreneurs—whether you work in the world of small business or nonprofits—are overwhelmed and intimidated when faced with the prospect of taking a deep dive into business financials. You spend all of your time and energy creating products and experiences, marketing, managing employees, serving clients and customers, tracking your daily income and expenses...the list goes on and on. But there’s nothing quite like creating a budget to help you reach your business goals.
Build An Annual Plan
Annual Plans help you focus your energy; they help you say yes to the right things and no to the things that won’t serve your business. (No doesn’t have to be forever! It can just mean ‘not right now.’) They also help you measure your progress.
Here's a summary of steps you can take to create a rock solid annual plan.