There’s been much discussion about “taxing the rich” and making them “pay their fair share.” What may get lost in the discussion are the special taxes … Read more about Additional Taxes on Small Business Owners
Writing Off the Cost of Business Driving
Gas prices at the pump have nearly doubled in one year, causing severe strain on business budgets. This is especially so for businesses that are based … Read more about Writing Off the Cost of Business Driving
Recognizing the Achievements of Small Business Owners
“There are two things people want more than sex and money: recognition and praise.” -- Mary Kay Ash, Founder of Mary Kay Cosmetics Small business … Read more about Recognizing the Achievements of Small Business Owners
5 Economic Indicators that Frighten Small Businesses
Now may be the time for small businesses to hunker down and prepare for worse times to come. While the pandemic may no longer be a significant factor … Read more about 5 Economic Indicators that Frighten Small Businesses
What Does Summer Mean for Your Business?
Summer begins this year on June 21 and runs through September 22. It is a period of heat and a time of opportunity. For some seasonal businesses, it … Read more about What Does Summer Mean for Your Business?
My Father and Cash (And Cash Now)
With Father’s Day approaching, I couldn’t help but think about my dad. He died many years ago, but I still miss him. One thing that came to mind about … Read more about My Father and Cash (And Cash Now)
Golden Handcuffs to Keep Employees?
Golden handcuffs are benefits provided by an employer to discourage an employee from leaving the company to take another job. Golden handcuffs have a … Read more about Golden Handcuffs to Keep Employees?
Startup Ideas for Success: Understanding Your IP Holdings
Merriam-Webster defines intellectual property, or IP, as “property (as an idea, invention, or process) that derives from the work of the mind or … Read more about Startup Ideas for Success: Understanding Your IP Holdings
Lessons from More than 25 Years of Working from Home
In 1997, I wrote The Complete Idiot’s Guide to Starting a Home-Based Business, which subsequently went through 3 editions. By the time I wrote the … Read more about Lessons from More than 25 Years of Working from Home
Is It Time to Start Exporting?
Did you know that 95% of consumers are outside the U.S.? Small businesses can expand their markets to other countries and capture new customers. … Read more about Is It Time to Start Exporting?
Disasters Happen: 6 Ideas to Help Prepare Your Business
Disasters can happen at any time. They can be natural disasters, such as storms, earthquakes, and mudslides. Or they can result from human activity, … Read more about Disasters Happen: 6 Ideas to Help Prepare Your Business
Agreements with Employees
When you hire a worker, you effectively have an agreement that you’ll pay the worker for the work performed and treat the worker fairly. But depending … Read more about Agreements with Employees
A Tax Portrait of Business Owners
With National Small Business Week recently passed, it’s a good time to look at how business owners appear on their personal tax returns. The IRS’s … Read more about A Tax Portrait of Business Owners
Counting the Hours: What Is Compensable?
Under the federal Fair Labor Standards Act (FLSA), you must pay workers subject to minimum wage rules for the time that work is performed. This rule … Read more about Counting the Hours: What Is Compensable?
Mental Health in the Workplace: What Can Employers Do?
The pandemic has been stressful. Inflation is taking its toll on everyone. Crime, politics, you name it…all are contributing to challenges to mental … Read more about Mental Health in the Workplace: What Can Employers Do?