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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 ... -
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 ... -
Think You Have an Excellent Business Idea? What to Do Next
An ingenious, original idea is a central part of any successful business. You may think you’ve come up with a brilliant new idea for a ... -
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 ... -
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 ... -
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 ... -
3 Best Tips for Managing Your Business Cash Flow
If you're about to start a new business or have started up but are still finding your way, here's a statistic that might make your ... -
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 bad ... -
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 intellect; also: an ... -
6 Ways Businesses Are Using Technology to Combat the Worker Shortage
Labor shortages are nothing new, but the COVID-19 pandemic has sparked significant shortages across the country and several industries. From logistics and trucking to food ... -
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 ... -
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. 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, such ... -
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 ... -
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 ... -
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 ... -
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 health. May ... -
You Pay Company Expenses: Who Takes the Deduction?
It’s common for business owners to pay various expenses from their own pockets. It just may be easy to do. But it can impact who ...