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...
Are the hundreds of business funding scam calls, texts, and emails you receive per day making you lose your mind? You’re not alone; in fact, a recent survey conducted by the Better Business Bureau and the Federal Trade Commission shows that 67% of the small businesses surveyed had seen an increase in scams compared to...
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...
Tell us if this doesn’t feel familiar…. Frequently, it feels as though everyone in their field of profession is berating you for doing something the “wrong way”. The “wrong way” – according to them. You’re “wrong” because you don’t utilize a specific type of accounting software, you’re “wrong” because you do your own bookeeping, etc....
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...
We all want to have faith in our employees, but the unfortunate reality is that bad things happen. Every day that you wake up owning a business you are taking a gamble; there’s no worse feeling than being held accountable for a situation where all of the fingers are pointing at you and you have...
Most business owners are guilty of this financial blunder. Similar to the half -committed resolutions we make every year to eat better and do more exercise, the vague promises companies make to keep their books clean and up to date are tossed out the window by the second or third month in. With the start...
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...
Those who are self employed usually face specific challenges when trying to secure funding for their personal endeavors. Due to a lack of a steady paycheck and/or inconsistent income, lenders may feel more resistant to loaning the necessary funds. For this reason, lenders will typically ask for a greater amount of documentation to determine whether...
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...
