Business owners pay Medicare taxes on their salaries while those who are self-employed pay Medicare tax on their net earnings from self-employment. … Read more about Additional Medicare Taxes on Business Owners
5 Business Lessons I Learned from My Dad
Father’s Day is a few days away and this day reminds me of the business lessons I learned from my dad at the dinner table each day while I was growing … Read more about 5 Business Lessons I Learned from My Dad
Lessons for Small Business Owners from Poor Richard’s Almanack
Published annually by Benjamin Franklin from 1732 to 1758, Poor Richard’s Almanack was a compendium of weather predictions, advice, poems and stories, … Read more about Lessons for Small Business Owners from Poor Richard’s Almanack
Recession Proofing Your Business: Understanding Staffing Management
The April 2023 Jobs Report released by the BLS in early May showed an unexpected hike in job creation. Perhaps your business contributed to this … Read more about Recession Proofing Your Business: Understanding Staffing Management
What Are Your Sentiments about AI?
Artificial intelligence or AI, a term coined in 1956, is in the headlines every day. It’s been touted as the best thing to come along and the worst … Read more about What Are Your Sentiments about AI?
How Being a Mom Prepared Me to Run a Business
Mother’s Day, the second Sunday in May, is an annual event to honor the sacrifices that mothers made for their children. For retailers, it’s an … Read more about How Being a Mom Prepared Me to Run a Business
How to Protect Yourself from Audit Risk
For most small business owners, the 2023 tax season is behind them. But with increased funding for the IRS to step up audits of small businesses, … Read more about How to Protect Yourself from Audit Risk
FAQs on Small Businesses in 2023
Small Business Week 2023 runs from April 30 to May 6, so it’s a great time to be talking about small business. Often “small business” is a buzz word … Read more about FAQs on Small Businesses in 2023
Prepare Now for Your Staff’s Summer Vacation
Now is a great time to begin planning vacation schedules for you and your staff. This is the first year since the start of pandemic that people are … Read more about Prepare Now for Your Staff’s Summer Vacation
Recession Proofing Your Business Requires Inventory Management
In the last couple of years, the biggest concern for inventory-based businesses has been supply chain disruptions. Now, the focus is on managing … Read more about Recession Proofing Your Business Requires Inventory Management
Your Staffing Now—The Options
Inflation and labor shortages have pushed up the cost of staffing and there’s the prospect of a recession looming. The Kenny Rogers song sums up your … Read more about Your Staffing Now—The Options
Are You Properly Insured?
Insurance coverage is a must for businesses that hope to survive the impact of storms, fires, and other dramatic, unexpected events. There are certain … Read more about Are You Properly Insured?
Expiration of the COVID-19 Public Health Emergency and Your Business
May 11, 2023, marks the end of the public health emergency for COVID-19. Many businesses for months have been acting as if the pandemic was long since … Read more about Expiration of the COVID-19 Public Health Emergency and Your Business
How to Avoid Noise Distraction in the Workplace
Whether it’s a loud conversation near the water cooler or the constant hum of machinery, most businesses deal with noisy work environments from time … Read more about How to Avoid Noise Distraction in the Workplace
How Transparency Impacts Your Business Practices
According to Forbes: “Business transparency is the process of being open, honest, and straightforward about various company operations. Transparent … Read more about How Transparency Impacts Your Business Practices