How much does it cost to start a small business? Successful entrepreneurs will give you a variety of answers depending on your industry. But no matter what your goal or sector, keeping overhead costs under control is no easy feat.…
Small business tax preparation is nothing to take lightly. While large corporations have accounting departments and teams of tax attorneys to make sure the company isn’t paying a dime more than it owes Uncle Sam, many small business owners spend countless hours navigating the archaic tax code on their own, wondering if they’re missing an important detail that is going to cost them.…
Deciding which technology to invest in can be a challenging guessing game for any business owner. There seems to be a new gadget or service that comes out everyday – offering to make your work easier in some way.…
The 5 Traits of Successful Payroll Professionals
If you have recently started your own business or only employ a small number of people, chances are you’re managing the books yourself. However, as your company grows and you start to hire a range of people – such as full-time employees, contractors and seasonal workers – figuring out their rate of pay in compliance with statutory regulations becomes more complex. The responsibilities can become fairly technical when it comes to preparing, processing, distributing, maintaining and verifying employee attendance and related records.…
Mobile workers have been an important part of the U.S. economy long before “telecommuting” and “remote working” became fashionable. Businesses have long depended on employees who spend time working at various job sites, such as manufacturing and construction firms, home and commercial cleaning companies and home health care services.…
If you’re a young construction company, it can be tough to find an investor. After a record year of financing for construction tech startups in the first half of 2015, a year later funding plunged by 26 percent.…
Everyone has an opinion about how to get things done faster and more effectively. There’s certainly more than one way to do things and what works for one person might fail for the next. That said, motivated managers need to be constantly looking for ways to improve – drawing on the experience and advice of other successful people. Start by getting a variety of opinions from different people and deciding what is likely to work for you and your team.…
Resolve to Retire the Manual Punch Clock
With the new year approaching, looking for a way to keep your bottom line from shrinking is always a smart resolution. Taking inventory of your employees is a good place to start. Uncomfortable as it may be, time theft is a big problem and business owners are paying the price. Punch clock abuse is an all too common and very costly offense. Whether an employee is asking a co-worker to clock him in early or for an unscheduled shift (also know as known as "buddy punching") or he's rounding off and inflating his own hours, your business is taking a major financial hit. In fact, 43% of surveyed workers admitted to exaggerating their hours at least once.…