The old expression “cash is king” really hits the mark during a recession. SCORE reports that 82% of small businesses fail due to cash flow problems. … Read more about Recession-Proofing Your Business: All About Cash
Proposed Changes in Overtime Rules and What to Do About Them
If certain employees work more than 40 hours in a workweek, they must be paid time and a half. This requirement can’t be avoided in most cases by … Read more about Proposed Changes in Overtime Rules and What to Do About Them
10 Work Arrangement Options for Office Employees
The labor shortage that resulted from the pandemic persists today. This means that employers must devise work arrangements to attract and retain … Read more about 10 Work Arrangement Options for Office Employees
The Good and the Bad of Using AI to Create Content
Today, anyone (including me) can figure out how to use ChatGPT (Open AI) to create content. It can produce blogs, marketing materials, video scripts, … Read more about The Good and the Bad of Using AI to Create Content
25 Years Since the IRS Restructuring and Reform Act of 1998
It’s impossible these days to listen to or read the media or view social media posts without finding out something about the IRS. In 1998, Congress … Read more about 25 Years Since the IRS Restructuring and Reform Act of 1998
Helping Employees with their Student Loans
It’s that time of the year when thoughts turn to back-to-school activities. For many, repaying student loan debt may be among these activities. The … Read more about Helping Employees with their Student Loans
Added Tax Costs for Successful Business Owners
Does it pay to be highly successful? From a personal and professional viewpoint, sure. You get satisfaction from helping your clients and customers … Read more about Added Tax Costs for Successful Business Owners
Recession Proof Your Business Using AI
Are we going to have a recession or not? Ask 3 economists and you get 3 different answers. The best course of action is to prepare and if we don’t … Read more about Recession Proof Your Business Using AI
10 Ways to Borrow Money for Your Business Now
You may need money for your business, but interest rates are high right now. It’s been reported that small businesses are paying the most for loans in … Read more about 10 Ways to Borrow Money for Your Business Now
Using Statistics and Where to Find Them
Mark Twain had a lot to say about statistics. He famously said: “there are lies, damned lies, and statistics.” He also said: “facts are stubborn, but … Read more about Using Statistics and Where to Find Them
AI Ethics for Your Business
According to FreshBooks study, 25% of small businesses are already using AI in some form, and 2 out of 3 businesses say they’ll be trying generative … Read more about AI Ethics for Your Business
3 Sales Tax Traps to Avoid
During the summer months, many states offer sales tax holidays for consumers buying back-to-school items. It’s a good time to learn about your sales … Read more about 3 Sales Tax Traps to Avoid
What to Buy Now: An EV or Fossil Fuel Vehicle
If you are considering the purchase of a vehicle for business, should you opt for an electric-powered vehicle (EV) or fuel cell vehicles (FCV), a … Read more about What to Buy Now: An EV or Fossil Fuel Vehicle
Pay Transparency Laws: What You Need to Know
Many small businesses have job openings because of the tight job market today. NFIB’s Small Business Optimism Index for June 2023 (the latest … Read more about Pay Transparency Laws: What You Need to Know
Enable an Emergency Savings Account for Employees
Financial experts suggest that people have a savings account to cover 4 to 6 months of expenses in case of an emergency. Yet, according to Bankrate, … Read more about Enable an Emergency Savings Account for Employees
