Enterprise Recovery • 2nd September 2022

How to Stop Wasting Time in Your Business

Businesses have had to run leaner in recent years - something that startups know all about. A lean business is one that maximizes value with its resources and minimizes waste. People, money, and time are the most valuable resources in organizations. Maximizing time saves money and encourages your workforce to feel as if they're giving their best to their jobs. Here's how your business can stop wasting time. The best way to reach a goal is to set it and aim for it. A clear vision or mission is

VeriFirst Background Screening • 19th August 2022

Why More American Employees are 'Quiet Quitting'

American workers of all ages are actively disengaging from their jobs in a recent trend called "Quiet Quitting." In simple terms, the trend reveals that employees and independent contractors alike are putting down boundaries and no longer going above and beyond for their employers. Also called "acting your wage" or staying in scope, workers are seeking more work/life balance, especially if they're not being rewarded for the extra work. Let's look at why more employees are quiet quitting. As we

VeriFirst Background Screening • 5th August 2022

What is an FCRA-Compliant Background Check?

One of the most important responsibilities of HR is to protect their employers. They must verify that candidates are vetted as a good fit for the company because the cost of employee turnover is high. When vetting candidates, they must also comply with federal and state regulations, including FCRA compliance. FCRA-compliant background checks protect employers by saving money and reducing risk. What is an FCRA-compliant background check? What Does the FCRA Do? The Fair Credit Reporting Act (FC

Enterprise Recovery • 25th July 2022

What's the Difference Between Accounts Receivable and Collections?

The process of collecting what's due from customers can go by several names. Accounts receivable, receivables, A/R, accounts receivable collections, debt collections, and more. Many of these terms are not interchangeable but actually define different levels or areas of the process of collecting payments. What's the difference between accounts receivable and collections? The best way to explain the difference is to examine the entire process of collecting client payments. Let's start by examin

Enterprise Recovery • 8th July 2022

Who's Buying? Knowing the Decision Makers For Your B2B Startup

You can't build your business or do effective marketing unless you know who you're selling to. These initial decisions will guide your sales and marketing team to be its most successful and scale your company faster. Do you know who's going to be buying your goods or services? Do you know the decision-makers for your B2B startup? Depending on your type of business, you may be selling to four different types of B2B buyers: Producers will include any company that purchases your services or good

VeriFirst Background Screening • 8th July 2022

How Does HR Work with Background Check Companies?

When hiring managers need to know more about their job applicants or employees, they'll seek out information through an employment background check. Human resources managers have the option to search for the information online via a data aggregator, seek out a screening company offering a deal, or partner with a background check company. Of course, we recommend the last option to reduce risk, reduce costs and turnaround times, and receive trusted information in return. How does HR work with bac

Enterprise Recovery • 21st June 2022

Five Ways for Freelancers to Save Money

With the federal reserve raising interest rates for the first time in nearly 30 years, economists are expecting a slow down in business growth. They've been talking about a recession for a few years now but then we were hit with a pandemic that shook up everything from the supply chain to the location of the workforce. If you are growing a freelance business, you're likely concerned about what to do if your own business slows down. Is your business recession ready? Here are five ways for freela

VeriFirst Background Screening • 21st June 2022

Support the Workforce with a Trauma-Informed HR

The past few years have done a number on American workers. Between social injustice protests, an ongoing pandemic, and demands to return to the office, over three-quarters of employees are reporting at least one symptom of a mental health condition. It's up to human resources and leadership to help their workforce feel encouraged. A trauma-informed HR is necessary to support a struggling workforce. Here's how. Effects of Trauma in the Workplace In a relatively short period of time, individual

Enterprise Recovery • 27th May 2022

How Your Business Can Support Gun Violence Victims

When tragedy happens in America, regular life grinds to a halt. For business marketers and executives, their daily tasks come with heavy consequences. Both internal employees and the public often jump to conclusions based on your business' reaction or lack of reaction. With the gun violence in recent weeks, many organizations are left wondering what to say or do. Here's how your business can support gun violence victims. If your marketing is scheduled for the week or month, take a look to dete

VeriFirst Background Screening • 27th May 2022

Supporting Families Victimized By Gun Violence

After the 27th school shooting of 2022 so far and more mass shootings than days of the year, we're at a loss for words. We've discussed how to support mental health concerns and how to prevent violence in the workplace already on this blog. It doesn't seem appropriate to write about much else so today, we're doing something different. Here's how to support families victimized by gun violence. While VeriFirst does supply background checks for employers, businesses and property owners, we do no

Enterprise Recovery • 29th April 2022

5 Green Flags That Reveal that Your Client Will Pay On Time

There are numerous red flags that could signal a late payment from your clients. Red flags, however, could be easily ignored. Green flags, on the other hand, provide a sense of safety and trust. The more green flags, the more you know that your business is working with the right clients - those who respect your time and value your partnership - and that you're doing A/R right. Here are five green flags that reveal your client will pay on time. If the sales department made the deal, the handoff

Enterprise Recovery • 8th April 2022

What to Expect When Reconnecting With Clients In Person

It can seem daunting to imagine reconnecting with clients after 2 years of a pandemic. Or perhaps you're thrilled and ready to get back to those in-person meetings. If you've been working remotely, it's time to try on those old business clothes and get on your client's calendar again. Here's what you can expect when reconnecting with clients in person. Virtual meetings from our kitchen tables accomplished the bare minimum - they kept us communicating with our clients. But nothing beats meeting

VeriFirst Background Screening • 21st March 2022

Felons Have the Right to Work Too: Job Related Background Screening

Conducting background checks on prospective employees, contractors and volunteers have become standard operating procedure for organizations across the United States. With the number of screenings and outdated screening policies, there has been a natural rise in litigation and punitive fines being paid by employers. It is imperative that background check policies are updated to honor an individual's right to work in this country. Use these background screening best practices and sample template

VeriFirst Background Screening • 11th March 2022

Does Your Organization Welcome Activism?

Activism isn't new. Companies and organizations speaking out, however, is a relatively recent phenomenon. As younger generations are entering the workforce and others are re-entering after the pandemic, they're expecting more from their employers. Take the month of March, for example. With social media posts going around about Women's History Month and International Women's Day, it begs the question: Are organizations walking their talk? Is leadership aware of what they're inviting inside their

Enterprise Recovery • 25th February 2022

Self-Care for Entrepreneurs When Life Feels Overwhelming

As if starting and running a successful business isn't challenging enough, sometimes life throws curveballs. Whether it be illness, an accident, world events, or caring for family, entrepreneurs must prioritize their health and well-being. These practices can also be expanded to form a well-being program to include the employees who keep your growing business afloat. Your business and family depend on you. Here are mindful self-care practices for entrepreneurs when life feels overwhelming. By

Enterprise Recovery • 28th January 2022

The Influence of Black Entrepreneurs on America's Economy

To inspire entrepreneurship in a community that is least likely to receive startup funding, we've shared inspiring quotes from Black entrepreneurs who've had to overcome hardships to achieve success. Some key findings in the research for that article included a diversity report that found that only one percent of venture-backed founders were Black. The U.S. economy benefits from Black entrepreneurs and investing in more Black-owned businesses will reap rewards for all Americans. We're taking a

VeriFirst Background Screening • 7th January 2022

Employment, Hiring and Background Screening Trends for 2022

As is our annual tradition, we look back over the previous year to predict future trends for the new year. Employers and hiring managers have had a rough two years and are looking for the light at the end of a very long tunnel. Without further ado... The Top Ten Posts of 2021: Employment, Hiring and Background Screening Trends for 2022. #10: What Do Candidates Expect from Employers Post-Pandemic? As employers sought to increase recruitment efforts, it's no surprise that this topic would be in

VeriFirst Background Screening • 6th October 2021

How Vaccines Are Affecting Hiring and Recruiting

Not only has the COVID-19 pandemic dramatically altered where and how we work, but it has also affected hiring and recruiting. Consider the following questions: Do candidates need to reveal their vaccination status when they apply for a job? Are hiring managers background screening for vaccinations before considering an applicant? How are COVID vaccines affecting hiring and recruiting for employers? As of this writing, employers from Amtrak to the Washington Post have mandated COVID vaccinatio

VeriFirst Background Screening • 27th September 2021

How Positive is Your Workplace Culture?

The Society for Human Resource Management (SHRM) published a study in 2019 revealing that toxic workplace cultures cost businesses $223B in five years. Since that time, employers and their workforce have been navigating a pandemic, learning how to work remotely and often, leaving their jobs. Quite simply, employees have higher expectations than they did before. A 2021 SHRM study reveals that positive workplace culture was what mattered most to those employees who stayed with their employers thro

Enterprise Recovery • 24th September 2021

When Is The Best Time to Send A Client Invoice?

If you’re concerned about receiving timely payments, you might be interested to know that your clients have preferences about receiving your invoices. When you can meet their preferences to increase your cash flow, isn't it worth it? When is the best time to send your client an invoice? According to recent research by Square, there are “hot” and “cold” times that are better or worse for sending invoices to clients. If you’re sending invoices at the end of the month or the beginning of the mont