Small Business
Top stories summarized by our editors
8/13/2018

Customer relationship management systems can provide a "notable improvement in win rates and quota attainment" when companies use at least 75% of their systems' capabilities, according to a CSO Insights survey. However, 32% of participants said their CRM platforms are not at least 75% adopted.

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Forbes
8/13/2018

Anytime Fitness has already reached 4,000 locations, and it is on track to open hundreds this year, most in international markets. "Our model is simpler to operate than competitors', and we're focused on franchisees' profitability," explains CEO Chuck Runyon, who started the business 16 years ago.

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Entrepreneur
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CEO Chuck Runyon
8/13/2018

Nutrition and hydration are key issues for seniors, but research suggests that many may have misconceptions about their needs. Home Instead Senior Care addresses the issue by training staff on meal preparation and employing aides with cooking skills.

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Home Health Care News
8/13/2018

The expansion of short-term coverage options and association health care plans is good news for individuals and businesses, writes Elaine Parker, president of the Job Creators Network Foundation. "By allowing small business owners -- and thus, their employees -- to pay less for the same coverage, AHPs both level the playing field between small businesses and large corporations, and allow workers to take better advantage of recent raises and tax cuts," she writes.

8/13/2018

Average weekly earnings actually fell in July after accounting for inflation, according to the Labor Department. The Consumer Price Index rose 0.2% on a month-over-month basis while posting a 2.4% annual increase.

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CNBC
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Labor Department
8/13/2018

Chelsea Manganaro, who opened her Nearme Yoga studio in 2014 in Moosic, Pa., has since opened a cafe in the back of the building. "It definitely has developed into something a little bit more than I planned, but in a good way," said Manganaro, who is extending the hours of the cafe.

8/13/2018

Some entrepreneurs who have sold their businesses say they experienced a great deal of pressure during the deal and feelings of sadness afterward. "The thing that surprised me the most was how much I missed it," said Kim Holstein, co-founder of Kim & Scott's Gourmet Pretzels.

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Kim Holstein, Scott
8/13/2018

It's important to understand the bottom-line costs associated with employee turnover so you can properly address the issue, writes Bill Conerly. Several factors may contribute to the total expense, including the need to advertise the position and cover the work until someone new can be hired.

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Forbes
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Bill Conerly
8/13/2018

Research indicates many entrepreneurs lack succession plans, which can imperil the future of their businesses. Looking ahead is crucial even if you don't plan to step down anytime soon, writes Daniel Kline.

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The Motley Fool
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Daniel Kline
8/13/2018

Airbnb has come a long way in the past 10 years, now sporting a valuation of about $31 billion and preparing for an initial public offering. Here is a look at the history of the company, including its impact on the housing market and why the 2008 election was instrumental to its creation.

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TechCrunch
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Airbnb