On February 1, 2023, the Federal Reserve raised its interest rate by a quarter of one percent, making it the highest rate since October 2007. This is … Read more about Recession-Proofing Your Business: Handling Debt
Supplement to J.K. Lasser’s Small Business Taxes 2023
This year’s book reflects the tax rules as they stood on December 1, 2022. But tax law is not static and new legislation, IRS pronouncements, and … Read more about Supplement to J.K. Lasser’s Small Business Taxes 2023
What the Fair Tax Would Mean to Your Business
In early January 2023, the Fair Tax Act of 2023 was introduced in the House. While the measure is a 'looong' way from enactment and may never come to … Read more about What the Fair Tax Would Mean to Your Business
12 Tips on How to Grow a Small Business in 2023
The number of small businesses in the U.S. continues to grow in 2023, and it’s a good thing. After all, small businesses create jobs, drive … Read more about 12 Tips on How to Grow a Small Business in 2023
February: A Month of Recognition and Celebration
The shortest month of the year, February, has just one federal holiday, but lots of other noteworthy holidays and celebrations. Why should this matter … Read more about February: A Month of Recognition and Celebration
Who Do You Trust?
I’m not referring to an old TV show with Johnny Carson for anyone like me old enough to remember it. I’m talking about who you can depend on when it … Read more about Who Do You Trust?
3 Hidden Business Costs and How to Reduce Them
You know you have to pay the rent, your payroll costs, and many other obvious expenses. That’s because you have a bill, a contract, an invoice, or … Read more about 3 Hidden Business Costs and How to Reduce Them
Crime and Small Business: Are There Solutions?
Small businesses face an array of crimes—both physical and virtual. They may experience burglars, robberies, vandalism, shoplifting, employee theft, … Read more about Crime and Small Business: Are There Solutions?
Key Elements of a Winning SME Marketing Strategy
A marketing strategy is essential for any small business or start-up, but it’s more than just writing out a few targets and hoping for the best. To … Read more about Key Elements of a Winning SME Marketing Strategy
Your Business GPS Plan
You’ve all heard of a business plan, and hopefully you’ve even done one for your business. But have you considered a business GPS plan? The difference … Read more about Your Business GPS Plan
Adjusting to New Tax Rules for Your Business in 2023
The tax law is continually changing, with new rules coming into effect and old ones expiring. Sure, you can wait until you meet with your CPA or other … Read more about Adjusting to New Tax Rules for Your Business in 2023
What Agreements Employers Can and Can’t Have Employees Sign
Contracts and agreements are SOP (standard operating procedure) for businesses. This is so regardless of the amount of revenue, the number of … Read more about What Agreements Employers Can and Can’t Have Employees Sign
A New Look at Your Retirement Plan
The Consolidated Appropriations Act, 2023 , which was signed into law on December 29, 2022, made a number of changes impacting qualified retirement … Read more about A New Look at Your Retirement Plan
Recession-Proofing Your Business: Making Strategic Plans
Each year for the past several years, I’ve run a series of articles throughout the year on a single main topic and this year will be devoted to … Read more about Recession-Proofing Your Business: Making Strategic Plans
Five New Year’s Resolutions
While few keep them, it doesn’t stop us from making them every year. Inc. reported that of the 41% of Americans who make New Year’s Resolutions, only … Read more about Five New Year’s Resolutions