The Great Shrinking Office? More Companies Hire Remote Workers

The independent contractor —the freelancer, the 1099-er, the person who has to find his or her own health insurance — is finding opportunities with business owners who are loathe to bring on fulltime hires due to uncertainty about the economy and the upcoming elections. In a survey of 1,500 business owners, Elance, a website that matches employers with employees who can work remotely, found that 73 percent planned to hire online contractors in 2012. This comes as the official unemployment rate rose last month by a tenth of a point, to 8.2 percent, and jobless claims rose this week. [Read full story...]

Ask an Expert: Some small business lessons truly timeless

The book, published over a hundred years ago in 1904, is called The Business Guide or Safe Methods of Business. It is a thorough and comprehensive overview of business, that’s for sure, covering everything from “Business manners,” “How to obtain wealth” and even “Penmanship” to “How to find a mine,” something called “Methods of Computation and Business Reckoning Tables” and . . . “How stock is watered.” Some things never change. [Read full story...]

Steve Jobs and the Seven Rules of Success

Steve Jobs’ impact on your life cannot be overestimated. His innovations have likely touched nearly every aspect — computers, movies, music and mobile. As a communications coach, I learned from Jobs that a presentation can, indeed, inspire. For entrepreneurs, Jobs’ greatest legacy is the set of principles that drove his success. [Read full story...]

Taking on Debt to Grow Your Business

Stretching a company’s working capital through various forms of debt can be the source of just enough extra cash to fund revenue-generating marketing programs or help companies manage when customers don’t pay bills on time. The trick to securing debt is first exploring your funding options long before you can’t make payroll. Your job is to learn what type of loan best matches your operations and customer activity. Here are a few choices to research: [Read full story...]

Prepping Your Student for the Real World Starts Young

I read this article and I thought to myself, “Wow. This could not be any more true. It’s almost scary.” Prepping kids for success in the real world should start in advance of the college-application process. Graduating from college tends to bring the last snip of mom and dad’s purse strings; grads enter the real world of full-time jobs, rent, taxes, credit cards and,for most, student loans. To help make the transition easier, parents should use practical, real-life examples to guide their high-school aged teens to financial independence. [Read full story...]

Small Businesses Use Social Media to Grow

“Wielded wisely, social media can help a growing business boost brand awareness, improve customer relations, garner market research, even bolster sales. As the number of people using social media rises, marketing experts say it’s essential for even the smallest of companies to consider diving in.” Remember after reading this article, come back to T E G Resources and send us a message. Let us show you how we can help you with your business’ social marketing and web presence. [Read full story...]

Taxes: Self-Employed Can Deduct Health Insurance

As long as your health insurance is established in your name or the name of your business, and you don’t have the option to get coverage through another source—such as a spouse’s employer-provided plan—you absolutely can deduct your health care premiums. [Read full story...]

Looking for a Business Loan?

Are you a small business in Chicago looking for a SBA loan? Crain’s has compiled a list of the largest SBA lenders in Chicago. Definitely worth checking out. [Read full story...]

Peer-to-Peer Job Sites Inspire Micro-Entrepreneurs

Unless you have been living under a rock, you know that the hot button political issue these days is the nation’s unemployment rate. In January, the U.S. jobless rate was 8.3 percent, on its way down from last summer’s rate of 9.1 percent. That’s why the rise of online marketplaces, so-called peer-to-peer job sites like Task Rabbit are so exciting. They promise to generate new employment opportunities, or let just about anyone earn some extra income. [Read full story...]

50 Ways to Improve Your Finances in 2012

A new year offers a fresh start. Whether you’re ready to ramp up your earning power, start saving more money, or manage what you have more effectively, this 50-step guide is designed to help you improve every aspect of your financial life, from overall security to specific saving and spending strategies. [Read full story...]