Updated January 24, 2022 Small business tax deductions and write-offs are too important to overlook. To take advantage of small business tax deductions by: Keep good records Hire a tax accountant Pay attention to deadlines Let’s discuss 9 categories of small business tax deductions. Note that there is some overlap. 9 Small Business Tax Deductions…
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Updated May 5, 2021 Worried about overhead as you re-open? If you can lower expenses, you will have more cash for other important things. Refreshed digital marketing, perhaps. Or upgrading your workplace for OSHA COVID compliance. Some companies are even offering their employees a COVID vaccine incentive. Where will you find the money? The best…
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See Trish Stromberg’s latest article on LinkedIn: HR as a Small Business Hero Small businesses are facing formidable challenges on many fronts. Wise executives will tap the expertise of Human Resources and provide the tools they need to add strategic value. In Trish Stromberg’s latest article, learn how HR can: Increase profit margins starting with…
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HRMS for Small Business A small business isn’t a mini-me of an enterprise company. Indeed, operating a small business is vastly different. Employees fill multiple roles. Margins are generally a lot smaller. Keeping consistent cash flow is an ever-present challenge. In fact, millions of small business owners are wondering how they will keep the lights…
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How is Employee Engagement at Your Company? If you suspect you have an employee engagement problem at your company, you probably do. According to Gallup, 85% of employees aren’t engaged at work and 18% of these are actively disengaged. This leads to at least three important questions: 1. How many disengaged employees are on your…
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Updated January 1, 2021 In this article, we discuss the small business expense reports you need to keep for taxes. 6 Key Findings About Small Business Expense Reports If you are a sole proprietor and you report a loss on your taxes, make sure you can document all business expenses. Be especially careful that you…
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Reading Time: 4 Minutes Haven’t upgraded to online timesheets? Think your company is too small? You might not realize how much paper timesheets are costing you. And it’s not just money. Manual time tracking makes you less efficient at running your business. Key Considerations When Thinking About Online Timesheets Is your current system accurate, or…
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Pivoting in Uncertain Times Uncertainty is uncomfortable—and inspirational. Companies across America are pivoting to meet new demand and rethink operations. They combine creativity, determination, and technology to retool, retrench and rebuild. New production lines, online shops, takeout, curbside service, home delivery, remote work, drive-by clinics and telehealth are all inspired by uncertainty and need. Retool:…
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In today’s post we focus on best practices for employee scheduling for hourly workers. Managers know that employee scheduling can be a constant headache. Done right, however, it can also be a strategic business management tool. Therefore, if scheduling is causing problems, maybe you need to try some new techniques. Fortunately, scheduling is a skill…
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Attention small business accountants. Grow your accounting firm by offering Human Resources services. 8 reasons you should offer Human Resources Let’s discuss the specifics. 1. Expand your role from an accountant to a business advisor Small business owners who outsource have already overcome a psychological barrier. They have wisely decided not to do it all.…
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