-
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 inventory in ... -
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 ... -
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 ... -
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 to ... -
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, ... -
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 ... -
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 ... -
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 ... -
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 ... -
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, embezzlement, or other fraud. According to ... -
Adjusting to New Tax Rules for Your Business in 2023
The tax law is continually changing, with new rules coming into effect and old ones expiring. Sure, you can wait until you meet with your ... -
A New Look at Your Retirement Plan
The Consolidated Appropriations Act, 2023 , which was signed into law on December 29, 2022, made a number of changes impacting qualified retirement plans and ... -
Hold Your Annual Board Meeting: When, Where, and What to Do
Many businesses are in the midst of their busy season. Nonetheless, there’s a housekeeping matter that shouldn’t be overlooked. One of the requirements for corporations ... -
Hiring the Wrong Person: How to Avoid It
You hear a lot about wrongful termination where an employee claims he or she shouldn’t have been fired. This may be actionable, resulting in costly ... -
Are You a Foreign Business?
Your business is located in the U.S, all your employees are in the U.S, and all your sales are made within the U.S. So how ... -
Election Results: Impact on Your Workplace and Your Business
November 8th was Election Day. Who knows what impact a new Congress will have on your business; it’s too early to tell. But voters across ... -
Tax Credit Refunds—What to Know
Tax credits are a dollar-for-dollar reduction of taxes owed. Some credits offset income taxes; others offset employment taxes. Some credits are part of the general ... -
Startup Ideas: 5 Branding Ideas for Positive Results
When you think of a business’ “brand,” which one stands out to you? Is it a company, such as Apple or Nike, with familiar logos ...
Tag: small business
Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.
