Layoffs

Reductions in force (RIF) can cost more money than they save if litigation landmines are not defused in advance. The following six best practice tips should be a part of every manager’s toolkit....

Be prepared to answer employee questions, or amend your plans, before making an announcement about unpaid time off.

Companies and entire industries can suffer dire consequences from health scares and product recalls - and often they're just collateral damage.

Whether you are looking to hire employees for the first time or are already an established employer, you must face the reality that your business is now a collective effort and only as...

61 percent of Americans have a preference to be their own boss.

Selecting the perfect bank for your business requires research and dedication to deciding what is right fo your unique needs.

Nokia is just one of many companies that has warned its investors to expect hard times to come

Franchise businesses have long been an alternative for those who lose jobs in economic downturns. But in this recession, franchises may not be all they are cracked up to be.

Do you read the newspaper or are you scared to read about more layoffs? Today’s economy is causing a lot of people a lot of anxiety. If you do have a job, you...

We often think of layoffs as a cost-cutting strategy reserved for larger corporations and employers who lack the day-to-day operational flexibility of smaller businesses. But when all available options for keeping your workforce...

Whether you invest in a turnkey franchise model or start from scratch and build a business, you will pay the price somehow whether in mistakes or in training fees

Many who have been laid off are too embarrassed or ashamed to face people and others are just too hurt to speak. Some time alone can be necessary for healing, which can also...

The Troubled Asset Relief Program isn't working. The government needs to consider directly aiding small businesses to crack the credit crunch.

As the newspaper industry faces a devastating financial downturn, Hoover's Editors take a look at the papers in the direst of straits.