Between January 7, 2024, and November 7, 2024, there were 127 federally-declared disasters. It seems that the number of these disasters has been … Read more about What to Do if You Need Disaster Recovery Assistance
How to Manage Global Mass Payouts with Ease
Businesses—even small ones—are going global, and money is changing hands. This can involve global mass payouts, which entail transferring substantial … Read more about How to Manage Global Mass Payouts with Ease
Growing Your Business with a New Business Plan for 2025
Several years ago, a Harvard Business Review study found that having a business plan makes you more likely to succeed. “Entrepreneurs who write formal … Read more about Growing Your Business with a New Business Plan for 2025
Diversity in 2025: What Small Businesses Need to Know
On November 25, 2024, Walmart announced it was rolling back its DEI (diversity, equity, and inclusion) policies. This follows similar moves—abandoning … Read more about Diversity in 2025: What Small Businesses Need to Know
Thanksgiving: Grateful to Be a Small Business Owner
“I am grateful for what I am and have. My thanksgiving is perpetual.” ~ Henry David Thoreau The annual national holiday of Thanksgiving for many … Read more about Thanksgiving: Grateful to Be a Small Business Owner
Tax Changes Expected from a New Administration and New Congress
There has been much talk about the need for tax changes. Many tax rules put in place by the Tax Cuts and Jobs Act of 2017 (TCJA) are set to expire at … Read more about Tax Changes Expected from a New Administration and New Congress
Support Our Veterans: Buy from Them and Hire Them
WHEREAS it is fitting that the recurring anniversary of this date [November 11] should be commemorated with thanksgiving and prayer and exercises … Read more about Support Our Veterans: Buy from Them and Hire Them
5 Factors to Consider in Setting Compensation for Owners
As 2025 approaches, businesses are working on their budgets, and one important aspect is how much should owners be paid? The decision has important … Read more about 5 Factors to Consider in Setting Compensation for Owners
10 Scariest Things for Your Business
Halloween has become a national obsession, with all things spooky, creepy, and ominous, as well as all things pumpkin. And for many small businesses, … Read more about 10 Scariest Things for Your Business
The Top 5 Things Every Seniorpreneur Should Know
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
How to Tell if Your Company Culture Is Helping Your Bottom Line
Small business owners know the importance of company culture. It drives a company’s behavior to reflect its beliefs and values. But how can you tell … Read more about How to Tell if Your Company Culture Is Helping Your Bottom Line
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