If you need to hire additional employees, it means your business is good. You’re probably well aware of the additional costs for each new … Read more about Growing Your Staff: What It Means for Legal Obligations
Groupthink in Business: What Is It? Why Is It Bad? How to Avoid It
Groupthink is a phenomenon in which a group of people make poor decisions because they are too anxious to disagree with what the majority of the group … Read more about Groupthink in Business: What Is It? Why Is It Bad? How to Avoid It
Strategies for Increased Learning for Owners and Staff
The quotation taped to my monitor from Benjamin Franklin reads: “An investment in knowledge pays the best interest.” What is learning? The dictionary … Read more about Strategies for Increased Learning for Owners and Staff
PEST Analysis and What It Means to Your Business
What is PEST analysis? It’s not an examination of whether there are ants or rodents on your premises. PEST stands for Political, Economic, … Read more about PEST Analysis and What It Means to Your Business
Seasonality for Your Business: What Winter Means
Many businesses are year-round while others fluctuate at various times of the year. In my town in Florida, late November through mid-April is referred … Read more about Seasonality for Your Business: What Winter Means
Supplement to J. K. Lasser’s 1,001 Deductions and Tax Breaks 2023
This year’s book, J.K. Lasser’s 1,001 Deductions and Tax Breaks, reflects the tax rules as they stood on December 1, 2022. But tax law is not static … Read more about Supplement to J. K. Lasser’s 1,001 Deductions and Tax Breaks 2023
Valentine’s Day in the Workplace: Do’s and Don’ts
Each year, February 14 presents a challenge for business owners. How much celebrating should be encouraged or barred? What dating policies are in … Read more about Valentine’s Day in the Workplace: Do’s and Don’ts
Recession-Proofing Your Business: Handling Debt
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?