It’s a good business practice to set a budget before the start of the year and then regularly review it. Doing this allows you to adapt your business … Read more about Preparing for Economic Changes: Re-Budgeting for Reopening
Your Insurance Audit
Most insurance policies run annually, and many business owners automatically renew their coverage without reviewing what is and is not covered. Now is … Read more about Your Insurance Audit
Sole Proprietorships: Number and Revenue Continue to Increase
Each year the IRS releases statistics on various types of business entities, and most recently it released the latest statistics on sole … Read more about Sole Proprietorships: Number and Revenue Continue to Increase
Favorable Changes to PPP Loans
On June 3, the Senate by unanimous consent approved the Paycheck Protection Flexibility Act of 2020 that the House passed on May 28, 2020, with a vote … Read more about Favorable Changes to PPP Loans
Changes Coming to Women-Owned Business Certification
If you are a woman-owned business, meaning at least 51% is owned by one or more women who are U.S. citizens eligible to participate, you can obtain … Read more about Changes Coming to Women-Owned Business Certification
5 Reasons Why Now Is a Great Time to Start a Business
Yes, we’re in a recession. Yes, we’re still under COVID-related restrictions on how businesses must operate. But despite these negative concerns, … Read more about 5 Reasons Why Now Is a Great Time to Start a Business
Using Software to Help You Make Do with Less
The pandemic has squeezed the resources of many businesses, forcing them to review their budgets and make cutbacks. Nonetheless, they must continue to … Read more about Using Software to Help You Make Do with Less
Practical Ideas for Changing Business Operations in a Post-COVID-19 World
Business as we knew it before COVID-19 will never be the same. Many things are changing in order for companies to operate safely…for their employees … Read more about Practical Ideas for Changing Business Operations in a Post-COVID-19 World
Working from Home Due to COVID-19: Tax Implications
If you are self-employed and conduct business from home, you may be eligible to take a home office deduction. There are strict tax rules governing … Read more about Working from Home Due to COVID-19: Tax Implications
5 COVID-19-Related Questions for Your 401(k) Plan
In response to statistics showing that only 53% of workers at companies with fewer than 100 employees were able to participate in a qualified … Read more about 5 COVID-19-Related Questions for Your 401(k) Plan
Mother’s Day 2020: Unlike Any Other
The second Sunday of May is the annual celebration of Mother’s Day. This year, because of stay-at-home orders, mothers with school-age children … Read more about Mother’s Day 2020: Unlike Any Other
Better Concentration: What Works for You?
With so many people currently working from home, focusing on work can be problematic. It’s important to be able to concentrate on work when it needs … Read more about Better Concentration: What Works for You?
Protecting Your Brand During COVID-19
The pandemic has been devastating to small businesses across the U.S. Main Street America reports that nearly 7.5 million small businesses are at risk … Read more about Protecting Your Brand During COVID-19
How to Compassionately and Legally Break Promises to Your Staff
At the end of February 2020, the federal unemployment rate was 3.5%. At that time, business owners were looking for ways to attract and retain valued … Read more about How to Compassionately and Legally Break Promises to Your Staff
COVID-19 and Small Businesses: 5 Big Surprises
In just a couple of months, the small business landscape has dramatically changed, in some instances forever. The medical impact of COVID-19 continues … Read more about COVID-19 and Small Businesses: 5 Big Surprises