6 Essential Tips for Effectively Starting a New Business

Starting a business can be an extremely liberating act. You eliminate your boss, you eliminate wasted costs, and you can focus on your passions. Unfortunately, starting a business can also be an extremely overwhelming act. You no longer have a boss, the responsibility rests with you to make the right choices, and there is no guaranteed, steady income as my boss at Premier Factory Safety have found out. So to help ensure your new business brings you liberty and not anxiety, here are 6 tips for effectively starting a new business.

  1. Save – The number one stressor when starting a new business is income replacement. Some will use lending as a back-stop, others will use retirement funds, and still others will have cash savings available. While all three will provide an ability to pay the bills while starting a business, the first two can have costly long-term ramifications in the

7 Ways to Keep Employees Engaged

keeping-employees-engagedEngaged employees are more productive, less likely to quit, and promote a healthier work environment for everyone. And as important as employee engagement can be for a large corporation, it can be even more important for a small business, where excessive turnover or low employee productivity can literally destroy the business. As such, here are 7 ways small business owners can keep employees engaged.

  1. Allow for Feedback – Nothing can demoralize an employee faster than being shut down when they have an idea. Small business owners often think they know the best way to manage every aspect of their business. Oftentimes, however, the employee doing the task all day may have a more efficient method. Allowing for employees to open up with new ideas about business processes, products, or ways to improve satisfaction is important to engagement. It can also be an easy window into what is bothering employees and

3 Reasons to Use a HSA

health-savings-accountIf your insurance plan qualifies for an HSA or Health Savings Account, there are a number of benefits to establishing one. Unfortunately, there is so much industry-speak involved in reading up on these accounts, it can be difficult to understand the actual benefits. Here are 3 major reasons to use a Health Savings Account.

  1. Tax Deductible – Any contributions made are either with pre-tax dollars if taken by the employer or are tax deductible if made with after-tax dollars. Either way, they bring down your adjusted gross income and save you money. Then, when the money is needed for a medical expense later, you can use the funds plus any accumulation, tax-free.
  1. Reduce Healthcare Costs – By using an insurance plan which utilizes an HSA, you will almost always have lower premiums than other available options. You can then take the amount saved monthly in premiums and put it into

Behavioral Based Safety

behavioral-based-safetyBehavioral Based Safety is a proactive methodology used to identify and reduce at-risk actions that are associated with workplace accidents. It is an important complement to any safety and health management system, as it takes your safety plan from reactive to proactive.

Your safety and health management system is still the place for specific policies and procedures and is still the “one stop shop” of sorts for all things compliance. Behavioral Based Safety is simply a system which overlays it to help identify common or likely workplace accidents, even those which happen within the scope of a well-defined safety plan. It allows an employer to truly customize a safety and health plan to his or her company, allowing for extremely specific policies to prevent injury.

The system incorporates every member of the staff, from management to hourly personnel, and is designed with similar principals as the Quality Improvement processes developed

5 Benefits of Work from Home Which Might Affect Your Health

bennifts-of-working-from-homeOver the past few decades, there has been a growing trend of allowing employees to work from home either as a supplement to or instead of, working in an office. The benefits of telecommuting are obvious from an employee standpoint, and many Americans appreciate or would appreciate that flexibility. That being said, many business owners are reluctant to allow this, fearing a lack of productivity, teamwork, and connectedness. However, here are five reasons, some business owners may want to rethink their position.

  1. Employee Engagement – The list of benefits to working from home is nearly endless. And most employees today understand that. Whether simply the flexibility to work from home occasionally or the ability to work from all of the time, employees can better balance work and life. This will make employees happier with their job, more productive, and less likely to leave your company. Employee engagement is something every

Welcome to Hipi Travel & Business Adventures

Welcome to Hipi Travel and Business Adventures!

We will be discussing and reviewing Travel at it’s finest and on a personal and business level. We are interested in all types of travel experiences which is why we’ve started this site.  We are going to ask any who are interested in sharing a little about their experiences and letting us travel along with you through the adventure. So Tomorrow stop by again with a few stories, suggestions, and ideas to share as we continue to build this community of fellow travelers!

How Strategic Thinkers Save Businesses

hipi-travel-postFounders create. Strategic thinkers evolve. This key difference explains why businesses which employ strategic thinkers into key leadership roles often succeed, and why many founder-run businesses where there is no input on business direction will ultimately fail. The world of business is constantly evolving; new challenges will always present themselves. Strategic thinkers will help your company continue to develop and overcome these challenges by finding unique solutions to them.

Unfortunately, it can be difficult to spot strategic thinkers during an interview. But by surrounding yourself with them, you can help ensure new ideas will constantly come forth to tackle any challenge. Evolution is paramount to success in business, and strategic thinkers will help you find success.

Strategic thinkers are generally people who can blend the logical and creative sides of their brain. They generally see personal and business visions with extreme clarity, allowing them to create a clear, concise plan …