Does your business not function as efficiently as you would like? Now is the time to assess your current business setup and improve productivity from both manager’s and employee’s perspective. Improving Productivity from a Management Perspective Review and Improve Technology As a business owner, you are constantly busy with running your business. This can cause […]
Payroll
How to Overcome Many Small-Business Accounting Challenges
Perhaps the number one action you can take to support the financial health of your small business is to stay on top of the accounting. Let’s express that idea another way: Small businesses that do not put their accounting practices first and foremost will find themselves faced with financial health problems. Make sure you’re aware of the […]
Labor Shortage Poses Both Challenges and Opportunities for Small Businesses
A recent survey by PricewaterhouseCoopers (PwC) indicates that the Great Resignation is set to continue — 1 in 5 employees claim they will change jobs within a year. More than 1 in 3 say they plan to ask for a pay raise. According to PwC, higher pay is the biggest motivator for a job change, […]
The Top 5 Ways Small Businesses Get in Trouble With the IRS
As a small business owner, you probably know that willfully avoiding paying taxes will lead to severe problems with the IRS. However, IRS problems aren’t always a result of a business owner’s intentional actions. Here are five ways a small business owner can get in trouble with the IRS — often unintentionally. 1. Under-Reporting Income […]
5 Common (and Costly) Payroll Errors and How to Avoid Making Them
Payroll is one of the most important aspects of any business, but when it’s running smoothly, business owners don’t tend to think about it much. However, when there’s a payroll glitch, it jumps to the forefront of an owner’s mind. Here are several payroll mistakes that can cost you a bundle — and how to avoid […]
Payroll Troubles & The Work from Home Revolution
Facing the pandemic, an estimated 40 million U.S. employees were suddenly granted an opportunity to work from home. Ever since, employers have been trying to figure out ways to get them back into the office! Naturally, conflict ensues. Strongly worded emails are dispatched, birds are flipped, chairs are tossed, tissues expended — everyone resigns. Fast-forward […]