3 Professional Services Trends to Know in 2022 + How to Make Them Work for You
Thursday, 06 January 2022
The pandemic affected every service industry trend over the past two years, and professional services trends were no exception. Adapting isn’t easy—but it is possible, especially for professional services companies that take the time to plan for what the future may hold. Today we’ll look at three professional services trends—along with challenges and solutions—to be
- Published in Industry, Other tips, Time tracking
Running a Business in the New World: 5 Key Small Business Trends from 2021
Thursday, 30 December 2021
Like 2020, small business trends in 2021 weren’t what most of us expected. Many businesses continued to feel the effects of COVID-19, which caused problems from cash flow to workforce retention. However, small businesses didn’t stand by and wait for the storm to pass. They looked for new ways to increase value for clients, created
- Published in Industry, Other tips, Time tracking
3 Reasons Elves like Employee Time Tracking as much as Santa Does
Friday, 10 December 2021
When it comes to payroll during holidays, Santa isn’t immune to the challenges. By this time of year, Santa and Mrs. Claus are deep in their December tasks: tracking toy expenses, making schedules—and checking them twice—and approving time off for everyone at the North Pole, all while ramping up to a delivery schedule that would
- Published in Other tips, Project tracking, Time tracking
Operating Costs vs Operating Expenses: What They Are & Why They’re Important
Wednesday, 10 November 2021
As a business owner, it’s crucial to understand operating costs vs operating expenses. Having a clear picture of the money coming in and out of your company improves your ability to do everything from planning payroll to renting office space to hiring new employees. Today, we’re taking the process step by step, from how to
- Published in Other tips, Time tracking
Estimated vs Actual Costs—Why Tracking Both Is a Must for Your Business
Wednesday, 27 October 2021
Estimated vs actual costs—how do yours stack up? If you’re not asking that question after each project, you’re putting your business at risk—of losing money, scoping jobs incorrectly, missing deadlines, and more. How do you define estimate vs actual costs? Put simply: Estimated costs are what you predict you’ll spend on a project, while Actual
- Published in Other tips, Time tracking
How to Manage Temporary Labor for Your Holiday Retail Hiring
Friday, 15 October 2021
If your business relies on temporary labor to get through the holiday season, chances are you’re already gearing up. While we’ve already run down tips for classifying, scheduling, and reporting on your temporary labor, there are a few extra steps to consider when hiring seasonal employees. In this article, we look at three more ways
- Published in Other tips, Scheduling, Time tracking
Make Time Tracking Easy & Engaging For Your Employees