BBBTips(TM) Give Small Business Owners Hiring Know-How.MCLEAN, Va. -- The U.S. Small Business Administration (SBA SBA abbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government ) kicks off National Small Business Week on April 24, to help recognize the more than 24 million small businesses across the country and their contribution to the U.S. economy. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the SBA, small businesses employ half of all private sector employees and have generated 60 to 80 percent of new jobs annually over the last decade. As part of an ongoing commitment to provide small business owners with tools they can use to succeed and grow their businesses, the Better Business Bureau System and Capital One Financial (NYSE NYSE See: New York Stock Exchange :COF) today released BBBTips(TM) on Hiring Staff to provide small business owners practical advice and information for each step of the hiring process. "Many small business owners know that adding employees can increase productivity and help their efforts to better meet customer expectations, but they aren't sure how to begin the hiring process," said Steve Cole, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the Council of Better Business Bureaus. "Knowing when a business should hire staff and learning how to find qualified candidates are just a few of the tips offered in this new set of BBBTips(TM)." Today's small business owner often juggles multiple responsibilities, assuming the role of human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. manager and chief financial officer in a day's time. For many, an essential part of business growth requires identifying the right informational resources to manage these changing roles. The new BBBTips(TM) on Hiring Staff provides information on: When to Hire Employees Information and strategies for determining when a company is ready to hire personnel How Much it Costs Tips for determining the short- and long-term cost of adding employees How to Recruit Staff & Conduct Interviews Practical tips and advice for completing a successful recruitment and interview process Mistakes to Avoid Important strategies to avoid common hiring mistakes "Attracting candidates with the right experience and knowledge base and steering those candidates through the interview process is important to the success of a small business," said Dave Wasik, senior vice president, Small Business at Capital One. "This new set of BBBTips(TM) offers small business owners easy guidance on how to estimate costs, conduct interviews, and manage the hiring process." The Capital One-sponsored BBBTips(TM) for Small Business are free and available online at www.bbb.org/tips/capitalone. About Capital One Headquartered in McLean, Virginia McLean is an unincorporated community located in Fairfax County in Northern Virginia. A small geographic area along Chain Bridge Road in Arlington County has a 22101 zip code and is also part of McLean. , Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose principal subsidiaries, Capital One Bank, Capital One, F.S.B., Capital One Auto Finance, Inc., and Hibernia National Bank For other uses of "Hibernia", see Hibernia (disambiguation). Hibernia National Bank, founded in 1870, was a personal banking and commercial lending institution headquartered in New Orleans, Louisiana. (www.hibernia.com), offer a broad spectrum of financial products and services to consumers, small businesses and commercial clients. Capital One's subsidiaries collectively had $47.9 billion in deposits and $105.5 billion in managed loans outstanding as of December 31, 2005. Capital One, a Fortune 500 company, trades on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol "COF" and is included in the S&P 500 index. Capital One offers a range of products to meet small business needs, including small business credit cards, small business loans and lines of credit, and small business savings accounts Savings Account A deposit account intended for funds that are expected to stay in for the short term. A savings account offers lower returns than the market rates. Notes: . As one of the largest small business lenders, Capital One provides specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. support designed to make it easier for small business customers to manage their finances so that they can focus on what's important to them. Capital One small business products are available via direct mail, capitalone.com, phone (877.561.9847) and fax. About BBBTips(TM) BBBTips(TM) is a trademark of the Council of Better Business Bureaus, Inc. (CBBB CBBB Council of Better Business Bureaus CBBB Community British Brass Band ) that is used to identify consumer and business information articles and brochures that have been developed in partnership with the Better Business Bureau Consumer Education Foundation, Inc. BBBTips(TM) are made possible, in part, through the generous financial and technical support that is provided by corporate sponsors who are members of the CBBB and of the local BBB where the corporate sponsor is headquartered. BBBTips(TM) are designed to provide unbiased and factual information to assist consumers in making informed and intelligent purchase decisions. |
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