Small Business: US

All business owners should focus on building their business — not payroll. That’s our job! Wagepoint CEO, Shrad Rao recently sat down with Jason Pereira, award-winning financial planner, university lecturer, writer, and host of the Fintech Impact Podcast, to discuss how keeping our small business owners top of mind has shaped Wagepoint into being what it […]

On the Western side of the world, we’re taught to have an individualistic mindset — “How can I maximize my happiness?” People in the East are taught to have a collective mindset — “How can we maximize our happiness?” This change in perspective is slight. But, makes all the difference, especially when you are building culture remotely. Wagepoint […]

Contrary to popular belief, productivity doesn’t decrease when your team is remote. Leading a team that is geographically agnostic can result in business success — you just have to do it correctly and you have to do it well. Wagepoint CEO Shrad Rao, recently sat down with the hosts of Float or Founder Samantha Lloyd and […]

This article is for small business owners who need an easy accounting and bookkeeping system. (My fellow accountants and bookkeepers might also find this helpful in terms of building their own technology stack (tech stack) and making recommendations to your small business clients.)  Do you look at your kitchen table with a sourpuss face dreading […]

Empowering your employees to perform at their best is a key aspect of your role as a manager. It ensures that the company, with the collective effort of its employees, achieves its short-term and long-term goals. However, employee management is not as straightforward as it sounds. To be an effective leader, you’ll need to develop […]

Much like the metamorphosis of a butterfly, strong product offerings are likely to have gone through many iterations before reaching its “final form.” The reason? Consumer spending habits and preferences are ever-changing and entrepreneurs understand that business success is contingent on meeting the consumer’s needs. Wagepoint CEO Shrad Rao, recently sat down with Michael Palmer, host […]

In a recent report, Jim Clifton, Chairman and CEO of Gallup said, “The single best activity for any team leader to deliver is not employee satisfaction, but rather employee development.” The same report also found that for employees to be engaged at work, four needs must be met: Basic needs: “I have everything I need […]

With the coronavirus pandemic, every single person across the globe is being asked to stay home — luckily, we live in a digital age where mentorship and learning can occur online. Not to be confused with Wikipedia’s definition of social learning, the social learning we’re referring to takes a digital approach to learn from your network using […]

Regardless of who you hire, you need to properly define the working relationship. You need to know what classifies someone as an employee or contractor and which of those factors makes the most sense in terms of your business needs and the needs of the person or people you’re hiring.

Good company culture starts from the top — and the “top” means being a great leader. From the beginning, Wagepoint CEO,  Shrad Rao has always been deliberate about the company’s culture. Despite the fact that we’re a remote team of nearly 60 people — he’s been able to build a successful tech company that simplifies […]

Collecting employee feedback is crucial for the growth of any organization as employees are the biggest asset of every organization. Knowing that their feedback is taken into serious consideration makes employees feel valued. On the flip side, receiving constructive feedback also helps decrease employee turnover rates. Here are 4 useful methods for gathering employee feedback. […]

As more businesses realize the importance of learning and development (L&D) for staying relevant in today’s competitive environment, small businesses are faced with a unique challenge. While larger enterprises have little restraint when it comes to investing in employee training, smaller businesses are tied by bootstrap budgets and infrastructure-related challenges if they want to deploy […]

So, you’re starting a new restaurant. Awesome! Many seasoned restaurateurs would love to be in your shoes — starting a new restaurant with a clean slate. Along the way, they likely made some of these seven rookie marketing mistakes. We’ve got you covered with fixes for the most common missteps. Here’s to starting a new […]

Social advertising has gained prominence in digital marketing campaigns everywhere around the globe. In order to stay competitive, it’s crucial for businesses to have a strong online presence — and a good number of them set aside considerable sums of money to advertise on social media platforms. But first thing’s first… What is social advertising? […]

Savvy business owners know it costs 5x – 6x the amount to acquire a new customer than to retain an existing one. This rings true for hiring and employee retention as well. A report by the Center of American Progress found the average cost to replace an employee varies from 16% up to 213% depending on […]