Let’s be honest, if you’re like most small to midsize business owners, you’re primarily focused on your customers and providing state-of-the-art service… Not keeping up with the latest laws and regulations impacting worker relations or updating your employee policies and documents. However, what you may find of lesser importance now may come back to haunt...
We hear this question on a regular basis; “Which is better, Netsuite or Quickbooks?” You may be hoping to see a straightforward answer, but the truth is that this question is riddled with complexities, therefore it’s important to first understand how these systems differ. In any critical decision-making process, you: Identify your needs and wants...
Employees leaving their bosses- not companies is not a new concept – it’s just recently gaining traction. The trending Great Resignation movement narrows in on quitting employees, as opposed to the root of the cause: bad leaders. For example, have you ever worked in a position where you considered it to be “just a job”?...
By now, we are sure that you have heard about it on the news, or maybe have seen it during your weekly grocery run, empty shelves in supermarkets across the country. The omicron wave, supply chain issues, and extreme weather conditions have strained several major grocers, and this crisis is starting to hit businesses everywhere...
Invasion of employee privacy, Covid paid time off, marijuana in the workplace… The past few years have been full of phenomenal events that continue to impact and further reshape the structure of our businesses. Rapid technological advancements, social movements, and a pandemic have created uncertainty in companies – especially surrounding compliance. What’s more – keeping...
Take a moment and briefly visualize that you are back in your last season of high school frantically preparing for college. Where this ‘new’ and ‘exciting’ phase of your life curbs your enthusiasm and instead blinds you with it’s high price tag. As I recall back to this point of my life, I distinctly remember...
What are your long-term reasons for doing everything that you do? What are you hoping to accomplish? In a professional and career sense, we are all generally looking for new ways to expand our knowledge, sharpen our skill sets, and establish financial stability. But have you given much thought to your legacy? While you may...
As an employer, you face significant responsibilities when it comes to those who work for you; and doing your best to not only adapt, but support your team, through constantly changing work environments doesn’t make it that much easier. The truth is, you’re not alone in carrying this heavy weight – we’re all still trying...
With 2021 behind us and tax season right around the corner, now is the time business owners start booking their appointments to meet with CPA’s to work on and submit their tax returns. The natural expectation here is that your accountant files on time and works diligently to lower their clients tax exposure and avoid...
Our last post of the year, we want to take a moment to thank you for being here. We know what it takes to run a business: it can be difficult, stressful, and messy at times. But in the end, the extreme physical and mental fatigue you feel always proves to be worth it. We...
Resumes have been around for a long time – centuries actually – and were created to provide a quick and efficient method for hiring managers to estimate whether a specific individual might be a good fit for a position. However, judging the value of an individual based on a one-sided document provides limited perspective and...
As technology continues to evolve and become more and more accessible, it has become a vital element of business management. In fact, at least some type of accounting software can be found in organizations of various sizes. However, as your business continues to grow, you may face a situation where your accounting software is no...
After the end of each year, business owners are required to prepare 1099 forms to report payments to non-employees and others. While it’s normal to make a mistake on a 1099 form, it’s imperative to correct it for both the Internal Revenue Service and the payee. Today, we’re going to give an overview of 1099...
Most people associate the start of a new year with inspired resolutions and improved goals; to business owners, the new year welcomes the first quarter, new opportunity, and most importantly: tax filing deadlines. The IRS requires different forms, rates, and filing dates depending on the official business entity of your company; furthermore, if you fail...
Just a quick reminder that we are closed today for Christmas Eve and will be back at it this Monday! Have a safe and merry Christmas Eve everyone!
The holidays are treasured for a reason – festive dinners, celebratory gatherings and the extra time away from our jobs are enough to make us forget why we even stress about work in the first place. That is, until we find ourselves lost in a frenzy come January 2nd. Returning back to the workplace after...
An emergency can happen when you least expect it, and in business, the right insurance can help save the owner from significant financial loss. This is why it’s imperative that startups have a business insurance plan to help them make payments against legal liabilities and any claims against the company. However, a majority of small...
Trying to find investors and articulate your vision at a strong enough level to fund your growth is not easy. It requires first-rate patience, thick skin and visible confidence. Whether your fundraising efforts began before or after the Covid-19 pandemic changed our world, one thing is certain: we all face a new style of meetings....
The New Year: a time for reflection, self-realizations, and new resolutions. This annual calendar event inspires a new beginning, where individuals evaluate their work goals and energize their career while also working toward personal development. If you are wondering how to make 2022 the year to take the next step in your career and personal...
The holiday season is all about giving; from the gifts we buy for our family and friends down to the foods that we make for others to enjoy. This season is the perfect excuse to bring baked goods to the workplace, and treating your colleagues to some festive treats may just make the holiday countdown...
There are numerous doubts, fears, and questions that go into starting and running a business. However, within this realm of uncertainty you know one thing will always be certain: you will have to pay business taxes. If you have ever seen the consequential effects of not keeping tax compliant, you understand how critical it is...
If you own or manage a small business, you know running it requires a great deal of time and money. A simple way to boost your profits is to make sure you are taking all the deductions you are entitled to on your tax return. This can lower your taxable income while enabling you to...
Business success begins with intentional budgeting. With a strong financial plan, companies are equipped with the ability to plan future spending while making strategic use out of incoming revenue. Sustainable budgeting methods also help businesses measure their performance and permits management to make sudden key decisions with confidence. Poor cash flow management is a top...
As the end of the year rolls around and you prepare for 2022, it’s critical that you stay up to date on all applicable laws and regulations. From tax filing, taxability, to finalizing 2021 payroll activities and setting compensation/benefits for next year, there is a lot to consider when closing out the year. Even if...
