Leader of Yahoo Marissa Mayer announced to the public that the company will no longer allow workers to telecommute, or operate out of a remote or home office. Mayer argued productivity levels declined when workers were given this flexibility, but many other experts argue that depending on the employees and their positions, they may actually perform better when provided with alternate workplace options. Try to avoid setting absolute rules when starting a business, and rather test the waters with different employees to see what policies work best to nurture growth and innovation while maintaining high levels of employee morale. In fact, many studies indicate telecommuting...

A business that does not have an organized system of checks and balances can suffer. Without oversight of employee activities, one-time errors can grow to become bad habits that taint the company's reputation or bring on far-reaching consequences. One need look no further than the financial crisis of 2008, when unscrupulous activities...

Many entrepreneurs may be young professionals with limited business experience, or seasoned veterans with a staff of fresh workers. Because startups and burgeoning businesses have limited resources and lack a strong industry reputation, it is common for them to be staffed with recent graduates or professionals with limited expertise and...