Hiring Your First Employee

Dear M & M: I am hiring my first employee. What should I do so I make certain I am doing everything right? – Barbra Dear Barbra: First off congratulations. “Approximately 75 percent of all U.S. business locations are non-employer businesses,” says William Bostic Jr., associate director for economic programs at the U.S. Census Bureau. These…

Leasing Space for your Business

Dear M & M: I am considering leasing space to run my business. Do you have any advice before I sign a lease? – Dan Dear Dan: Commercial leases are not governed by most consumer protection laws, therefore you will see many different formats and customized forms based on the landlords needs. Most commercial leases…

The Difference Between Variable & Fixed Expenses

Dear M & M: Can you tell me the different between variable and fixed expenses?- Roy Dear Roy:  Business expenses are categorized in two ways: fixed expenses and variable expenses. Fixed expenses or costs are those that do not fluctuate with changes in production level or sales volume. They include such expenses as rent, insurance,…

Participating in Festivals & Fairs

Dear M & M: Now is the season when there are a lot of opportunities to set up a booth at many of the upcoming festivals and fairs held in our parks in Sierra Vista and surrounding communities. What are some things I should do to take advantage of these unique selling opportunities? -Ben Dear…