Archive for Operating a Small Business
You know what the lifeblood of your small business is, don’t you? It’s money. And if you aren’t managing your money and accounting appropriately, you could be developing habits that will actually KILL YOUR BUSINESS. (more…)
Growth is an important part of your small business. But if you want your business to keep growing and reaching the goals you know your business can achieve, as a business owner, you must have the tools in place to help your business grow and succeed. Bookkeeping services is one of these tools. (more…)
You’ve heard of the Affordable Care Act. But have you heard of the Small Business Health Care Relief Act of 2016? As with all legislation, both of these bills are having (in the case of the Affordable Care Act) or could have (in the case of the Small Business Health Care Relief Act of 2016) an effect on you as a small business owner. The purpose of this second law, if passed, is to enable business owners to continue to provide healthcare reimbursement which is currently blocked by the Affordable Care Act. (more…)
OK, we have already established that bookkeeping and accounting are often not an entrepreneur’s favorite part of running their business – and that’s all right. But what they miss out on if they don’t keep their books up to date are the tools that can help them make decisions; decisions that will be fueled by the owner’s confidence to grow their small business. (more…)
Every small business has its ups and downs. However, some can be more pronounced than others. Some businesses experience cyclical alterations in sales volume. As a recent article notes, for some businesses in the New York City area, one answer that has provided some relief to this variability has been seasonal workers. (more…)
It was just a mistake. Those are awful words – and impactful words – especially when it comes to financial aspects of a small business. And when it applies to payroll, payroll taxes and the IRS, those words could mean the end of a small business. (more…)
Tags: benefits of outsourcing, employers, mistakes in paying wages, mistakes on payroll, payroll accuracy, payroll errors, payroll provider, payroll service, small business payroll, Teresa Ray, The Payroll Department
Posted in: IRS and Tax forms, Operating a Small Business, Payroll, Payroll Processing
Leave a Comment (0) →Proper bookkeeping is an essential element for any size small business – larger or smaller. Unfortunately, many entrepreneurs often neglect this task in favor of growing and running their business, which is understandable. After all, you’re a business owner – not a bookkeeper. (more…)
My friend, Karen, has a boutique. She has been running the small business single-handedly for close to six years now, and she recently expanded to take over some additional space next door. The additional square footage has had a greater impact than she expected – and has created some real stress and most importantly, one humongous realization. (more…)
Are you a solopreneur? How do you handle keeping track of your expenses and receipts? Do you just throw your receipts into a big box to handle at a later time? Maybe you tell yourself that you’ll make time to scan your receipts and input your expenses on a monthly basis. But you know what ends up happening. Just like every other small business owner, you get too busy, and the task just continues to accumulate until tax time comes along and you scramble to get everything organized. So stop putting yourself through this added stress by hiring a bookkeeper. (more…)
When a small business owner decides to take an employee to salaried status, the key to the transition is that it should be legal, as well as a win/win for both the organization and the employee. Salaried employment is becoming more and more of a hot topic considering there are significant changes being made in the workforce. (more…)
Tags: employees, employers, exempt vs. nonexempt employees, hourly employees, salaried employees, salaried vs. hourly, small business, small business payroll, The Payroll Department
Posted in: HR Rules, Regulations and Laws, Human Resources, Operating a Small Business, Staffing
Leave a Comment (0) →
Let Us Show You What We Can Do
We're ready to show you how easy payroll with us can be.