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Counting the Hours: What Is Compensable?
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 ... -
Mental Health in the Workplace: What Can Employers Do?
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 ... -
You Pay Company Expenses: Who Takes the Deduction?
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 ... -
The State of Small Business 2022
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, ... -
Summer Interns: An Answer to the Employee Shortage?
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 ... -
5 Ways for Business Owners to Give Back
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 ... -
What to Do about Rising Interest Rates: 5 Ways to Prepare
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 ... -
Employers’ Tax Burden for Having Remote Workers
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 ... -
Startup Ideas: What to Know When Hiring Your First Employee
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 ... -
Spring Cleaning for Your Business: The Big Picture
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 Help: 25 Ideas on Cutting Business Expenses
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 ... -
About the Idea of the Day®
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 ... -
Sole Proprietorships Statistics: What Do They Reveal?
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 ... -
New Employee Benefits to Consider
Anne M. Mulcahy, former CEO of Xerox, said: “Employees who believe that management is concerned about them as a whole person – not just an ... -
Strategies for Managing Multiple Businesses
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. ... -
5 Ways to Have a Healthier Workplace
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 ... -
Cancellations Can Have Tax Consequences
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 ... -
Business Owners Need to Plan for Personal Catastrophe
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 ...