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Business Owners

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  • Posts Tagged "Business Owners"
  • Setting Social Boundaries with Employees

    By angela stoner
    In March 8, 2018
    On Employees, Morale
    No Comments
    How personal is too personal? Humans are social individuals and many of us enjoy interacting with other people – both on a business and personal level. We spend an average of about 40 percent of our time at work so the chances of your personal life diving into your business social life are high. But having personal conversations in a formal office environment is something you should be careful...
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  • To Pay an Intern or Not to Pay?

    By angela stoner
    In March 1, 2018
    On Business, Employees, Hiring, Payroll
    No Comments
    That is the question many employers face. Interns are great options for small businesses that need extra help but do not have the funding to bring a full-time employee on staff. Should you pay your interns or not? Thanks to the Department of Labor (DOL), that question is now answered for you. Recently, the DOL announced tips that reverse their previous test to determine whether an intern or student...
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  • How to Prepare When Switching Payroll Providers

    By angela stoner
    In February 22, 2018
    On Payroll
    No Comments
    
Before you switch, keep these things in mind to prepare. There may come a time when you feel the need to switch payroll providers. Perhaps your current provider is missing the mark or maybe their company is dissolving. Regardless of why you switch, be sure you are completely prepared to make the transition as seamless as possible. Things to Consider When Switching Payroll providers range in price. Before diving...
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  • Do You Know About the Social Security Wage Base?

    By angela stoner
    In February 15, 2018
    On News
    No Comments
    Determine if you are withholding as much as you should be and when to stop. Social Security tax is a tax that applies to both employees and employers. As an employer, you are required to withhold a certain percentage of each employee’s paycheck and to make a matching contribution. Social Security tax does not change each year (with a few exceptions). However, the case is not the same as...
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  • 4 Reasons You Should Not Handle Payroll Alone

    By angela stoner
    In February 8, 2018
    On News
    No Comments
    A risk not worth taking. Payroll is a vital part of your business but handling it all by yourself could cost you more than you may expect. Here are some of the biggest reasons you should not process payroll solo. Payroll Rules in Different States If you have multiple locations across state lines, you may find yourself facing an in-house nightmare when it comes to payroll rules and trying...
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  • Worker Classification: Consider All Aspects of Your Work Relationship

    By angela stoner
    In February 1, 2018
    On News
    No Comments
    How to avoid the headaches associated with misclassifying your workers. The Department of Labor makes a big deal out of businesses who misclassify their workers, whether purposefully or accidentally. The IRS stands ready to penalize and fine those who do so. The act of misclassification can also result in a violation of workers’ compensation laws and a liability for unemployment taxes, along with many other issues. To help you...
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  • 5 Ways to Simplify Your Small Business Payroll

    By angela stoner
    In January 25, 2018
    On Business, Employees, Payroll, Small Business
    No Comments
    Eliminate payroll headaches with these tips. Small business owners sometimes struggle with their employees’ payroll. Getting payroll figures worked out and delivering paychecks each pay period is important for your business. Payroll processing is often complex and time consuming for small businesses. To make it less difficult to manage, we have created a few steps to simplify the process. 1. Simplify your policy. Take time to look over your...
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  • Surviving Low Cash Flow – 3 tips and tricks to keep your business afloat until better times arrive. 


    By angela stoner
    In December 28, 2017
    On News
    No Comments
    The holiday season is here, and the official start of Winter is right around the corner. For winter-oriented businesses such as ski resorts and coat/jacket manufacturers, these months probably represent peak season — a time with lots of sales, success, and cash flow. At the same time, summer-oriented businesses such as ice cream shops and water-gear rental facilities are likely dealing with the down season. Relatively few sales are...
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  • 5 Tips for Business Travel

    By angela stoner
    In November 11, 2016
    On business travel, Employees, Leadership, travel
    No Comments
    Some business owners travel regularly in order to meet with potential customers, clients, vendors and investors. For others, travel is a more infrequent obligation. But virtually anyone in charge of running a company will need to hit the road at some point or another, and in these cases, it is important to be prepared. Proper preparation is oftentimes the difference between a trip that is both productive, enjoyable, and...
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