Earlier this year, FasterCapital explored the rise in seniorpreneurs—those age 65 and older who are business owners. The often-cited example of a … Read more about The Top 5 Things Every Seniorpreneur Should Know
SEPs Are IRA-Based Retirement Plans that Aren’t IRAs: What You Need to Know
According to the U.S. Bureau of Labor Statistics, 86% of private-sector companies with 100 or more workers and 91% of firms with 500 or more workers … Read more about SEPs Are IRA-Based Retirement Plans that Aren’t IRAs: What You Need to Know
Preparing for Social Security and Medicare Taxes for 2025
Whether you’re an employee of your corporation or a self-employed individual, it’s likely that your tax bill for Social Security and Medicare taxes … Read more about Preparing for Social Security and Medicare Taxes for 2025
Growing Your Business by Bringing in Investors
If you need more capital to grow your business, you have two main options: borrow money or find investors. Borrowing is referred to as debt financing; … Read more about Growing Your Business by Bringing in Investors
In-House Training for Your Employees Entails More
Employers know they must train employees to do their jobs well. That goes without saying. But employers also should train employees in other ways to … Read more about In-House Training for Your Employees Entails More
What Should Congress Do About the QBI Deduction?
The qualified small business income (QBI) deduction, created by the Tax Cuts and Jobs Act of 2017 as a way for owners of pass-through entities to get … Read more about What Should Congress Do About the QBI Deduction?
Employer’s Checklist of Do’s, Don’ts, and Maybe’s
Small businesses usually don’t have HR departments, so compliance with federal, state, and local laws falls to owners. This responsibility is onerous, … Read more about Employer’s Checklist of Do’s, Don’ts, and Maybe’s
Politics in the Workplace: Role of Employers
If you’re listening to the media and social media, you’re bound to hear “this is the most important election of our lifetime.” Whether or not this is … Read more about Politics in the Workplace: Role of Employers
Budgeting for 2025: Practical Ideas to Consider
With the third quarter of 2024 complete, now’s the time to begin the budgeting process for 2025. The Chief Executive says “Budgeting is always … Read more about Budgeting for 2025: Practical Ideas to Consider
Is Crowdfunding the Answer to Your Capital Needs?
Small businesses may have difficulties raising money through traditional sources, such as bank loans or angel investors. Crowdfunding is an … Read more about Is Crowdfunding the Answer to Your Capital Needs?
Statistics Reveal Surprising Increase In Sole Proprietorships
That’s the big takeaway from recently released IRS statistics on sole proprietorships for 2021. In fact, profits were up 22%. These stats are derived … Read more about Statistics Reveal Surprising Increase In Sole Proprietorships
AI and Your Employees: Need Help with Staffing?
There’s been a lot of media focused on artificial intelligence—AI—being used to replace employees. While it’s true that some functions are now being … Read more about AI and Your Employees: Need Help with Staffing?
Should You Have Music in the Workplace?
When placed on hold on the phone, music is often played until someone can answer. There’s music in many elevators (hence the term “elevator … Read more about Should You Have Music in the Workplace?
Employer Matching Student Loan Payments: 10 Things to Know
Outstanding student loan debt in the U.S. is more than $1.7 trillion. There’ve been attempts by the federal government to cancel certain loans—some … Read more about Employer Matching Student Loan Payments: 10 Things to Know
How Is Volunteering Good for Your Business?
Corporate social responsibility (CSR) is the practice of good corporate citizenship…an obligation to society beyond jobs and profits. It entails … Read more about How Is Volunteering Good for Your Business?