Handling Employee Vacation Requests for Summer

Summer is well within view, and for millions of Americans, that means securing vacation time will become a top priority if it hasn’t already. While time off can be a welcome break from workplace stressors, that’s not always the case for business owners that need to manage operational needs. Things become even more challenging when employees are vying for the same dates. It may not always be easy, but there are some things you can do to manage employee vacation Read More

How to Keep Your Business Relevant in a Competitive Hiring Market

Looking for top talent? Join the club. Hiring has become an ultra-competitive sport, with a talent shortage emerging as a number one risk for organizations, according to Gartner’s latest Emerging Risks Survey. With so many companies searching for highly qualified candidates, it can be difficult to remain seen in what has become a flooded marketplace. However, there are a few ways you can increase your presence and remain relevant and visible to skilled job seekers. Develop a strong company culture Read More

How to Handle an Office Move: 8 Things You Can Do to Increase Efficiency

Moving can be an exciting milestone for any business owner, especially if the move is designed to support or encourage growth. However, it can also be a disruptive time that’s filled with chaos and stress. If you’re about to engage in an office move, the right amount of preparation can help smooth the transition and help you and your staff get back to business as usual. Here are there are eight things you can do to make it easier on Read More

How to Keep Up With Wage Increases

The minimum wage debate has been on the radar of workers, politicians and government officials for quite some time now, but 2019 marks a year of increased activity. This year, at least twenty states will work to increase their minimum wage, with some hoping to meet their ultimate wage goals within the first few years of the new decade. For many small business owners, that means identifying ways to meet these new standards while maintaining healthy margins. The same is Read More

7 Tips to Track Mileage and Expenses for Your Small Business

Tracking expenses can feel like a full-time job, especially if your business requires daily purchases or frequent travel expenditures. But failing to track or inaccurately tracking expenses can lead to a host of problems Without a clear view of costs, it becomes impossible to efficiently manage cash flow and prepare for the future. Further, valuable tax deductions are lost if you don’t accurately track expenses over the year. Fortunately, the right tracking system can make a world of difference, and Read More

Business Lessons From the Last Blockbuster Ever

Want to watch a movie this weekend? If you agreed, it’s likely we’d sit down, grab a remote, and start perusing the catalogs of mega streaming companies like Netflix, Hulu, and Amazon Prime. However, if I asked you the same question twenty years ago, the evening’s events would unfold quite differently. It’s likely that instead of heading to the couch first, we’d get into the car and head to the local video store. There, we’d probably bump into friends as Read More

7 Secret Tax Write-Offs for Your Small Business

Maybe you already filed your taxes and are wondering, “did I take advantage of every possible deduction?” Or, perhaps you’re running against the clock and hoping you’ve given yourself the best advantage possible. Either way, small business taxes, particularly deductions, can be complicated. However, taking the time to make sure you’re leveraging all the right deductions can save you thousands of dollars each year. And while there are many commonly known tax deductions, there are a few that remain a Read More

6 Major Companies that Began as Mom-and-Pop Shops

It seems that our love of celebration has yielded a “day” for everything under the sun. From National Squirrel Day to Chiffon Cake Day (today, if you’re wondering), it’s hard to keep track. However, at Nav, we’re happy to celebrate another group today – Mom and Pop Shops. And, in honor of humble beginning and entrepreneurial spirit, we thought we’d share with you some major U.S. corporations that once shared the honorable title of Mom and Pop Shop. 1. Ben Read More

Business Credit Cards that Report to TransUnion

Opening a business credit card is often considered to be a wise step, as it can help you build credit, manage expenses, and earn rewards. In addition, it’s often one of the recommended ways to create added distance between your personal finances and those of your business. Despite that fact, it’s often your personal credit that is called in to question when applying for a small business card. As the primary applicant, you agree to what’s considered a “personal guarantee,” Read More

6 Ways to Prep Your Summer Business

It’s finally spring, and for many of us, that means enjoying longer days and warmer temps. But if you run a small business that peaks in the summer months, then relaxing is likely the last thing on your mind. Instead, the dawn of spring signals the need for seasonal prep, allowing you to enter the summer upswing with your best foot forward. How you define “prep”  can vary based on the type of business you run, but generally, the following Read More