For a small business, hiring a new employee is a big deal. It is a major investment and also an exciting milestone. Adding staff means you’re growing and potentially increasing revenue. But there is more to the financial side of adding an employee than just being sure...
As a small business owner, you are probably focused on growing your revenue. That’sfine – who doesn’t want to get more sales each year? But, the top line should not bethe first place your attention goes when you look at the income statement. Yes, youread that...
As a small business owner, you know the struggles of keeping the business going. You wear a lot of hats, put in the long hours, and prioritize your company’s success above all else. Sometimes, this dedication translates to taking a backseat with your own salary,...
The U.S. Department of Labor (DOL) has finalized its new independent contractor rule,with big implications for small businesses. The new regulation, which would make it more difficult for companies to classify workersas independent contractors, has been opposed by...
There is a new federal regulation impacting tens of millions of small businesses this year, and you need be aware of it. The U.S. Department of Treasury now requires most small companies to hand over details about their ownership via the Beneficial Ownership...