Under the federal Fair Labor Standards Act (FLSA), you must pay workers subject to minimum wage rules for the time that work is performed. This ...

The pandemic has been stressful. Inflation is taking its toll on everyone. Crime, politics, you name it…all are contributing to challenges to mental health. May ...

It’s common for business owners to pay various expenses from their own pockets. It just may be easy to do. But it can impact who ...

May 2-5, 2022, is National Small Business Week. It is a time to recognize the important contributions that small businesses make—to their families, their employees, ...

Walk down Main Street and you can’t help but notice “Help Wanted” signs in a great number of shops, restaurants, and other establishments. NFIB’s Monthly ...

Starting a business usually requires full focus on company activities, leaving little time and money for just about anything else. But if you’ve become a ...

On March 16, 2022, the Federal Reserve raised its federal funds rate (referred to as the fed funds rate) for the first time since December 2018 ...

COVID-19 started a revolution in remote work arrangements. Initially, workers were forced to work from their homes because of government-mandated shutdowns. Then, workers continued working ...

When you launch a business, you may need one or more employees to help you operate. Or maybe you’ve been in business and have handled ...

When you think of Spring cleaning, what may come to mind is straightening out your files, cleaning up your desk, and washing down desktops and ...

Inflation is making it costlier to do business. Many small businesses are reluctant to raise prices or hike them high enough to maintain their profit ...

The Idea of the Day® launched in 2004 as a way to help small business owners keep up to date on opportunities, changes, and issues ...

Numbers can paint a picture and recently released IRS statistics on sole proprietorships certainly do so. These stats are derived from Schedule C of Form ...

Anne M. Mulcahy, former CEO of Xerox, said: “Employees who believe that management is concerned about them as a whole person – not just an ...

Entrepreneurs, by definition, are entrepreneurial. They don’t necessarily limit their business activities to a single endeavor. Some may have one business venture after another—serial entrepreneurs. ...

COVID-19 shown a spotlight on health. Now that many employees are returning to the workplace—full time or on a flex schedule—employers can help workers remain ...

Things get canceled all the time…meetings and appointments, customer orders, and leases to name a few. Sometimes cancellations are good for your business, sometimes they’re ...

Much emphasis is placed on business planning and what a business should do if there’s a catastrophe. Hopefully, business owners have done this in the ...