Most businesses are affected by seasonality to an extent. If you're trying to manage a seasonal small business, there are several things you need to keep in mind. These include planning, budgeting, employee management, and stress management. As a small business owner, you know that managing a seasonal business can be a challenge. From managing [...]
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Small Business Saturday is 11/26! Small Business Saturday is a day dedicated to supporting small businesses and celebrating their impact on communities. For many small business owners, this day is a chance to connect with customers and build relationships. It’s also an opportunity to show the community what makes their business special. Small businesses are [...]
The holidays are a busy time for businesses, big and small. To make the most of the holiday season, it’s important to start preparing your small business early. Here are a few tips to help you get started: 1. Create a holiday marketing plan. Think about what promotions and marketing activities you’ll need to do [...]
What is the Family and Medical Leave Act? The Family and Medical Leave Act (FMLA) is a federal law that provides employees with up to 12 weeks of unpaid, job-protected leave per year for certain family and medical reasons. Employees are also entitled to continue their health insurance coverage during their leave. The FMLA applies [...]
A quick overview You may be aware that the Biden administration recently introduced a student debt relief plan. This three-part plan is designed to provide relief for low- to middle-income borrowers with student loans by: 1. Providing up to $20,000 in debt relief for borrowers with existing loans 2. Changing the student loan system for current and [...]
Understanding the Rules Around Breaks for Your Employees If you're an employer, it's important to understand the rules around breaks for your employees. According to the law, employees should be given a break of at least 20 minutes each day. Breaks increase worker productivity. However, some exceptions may apply. For example, an employee may not [...]
The IRS Sets 2023 Tax Brackets and Deductibles The IRS has just issued dozens of inflation adjustments to personal income tax brackets and deductions for 2023. The increases come as a result of four decades of high inflation. and the intended changes affect many deductions and credits. In addition, the IRS is increasing the standard [...]
October is a time for pumpkin spice lattes, warm sweaters, and scary stories. There are few things more exciting in the world than a good horror story. And while you might not have had an accounting professional in the past, you probably have heard at least a few scary accounting stories. If you've never worked [...]
Debt Snowball Vs Debt Avalanche - Key Differences Choosing a debt repayment method that works for you is an important decision. Debt can affect your money mindset, motivation and self-esteem. There are two main approaches to debt repayment: debt snowball and debt avalanche. What is the debt snowball method? The debt snowball method is a [...]
Marketing your small business can be difficult, especially when you're operating on a shoestring budget. Thankfully, there are many creative ways to promote a small business, and they don't have to cost a lot of money. You just have to know where to look and which methods work. If you're not sure where to [...]