Business Success Strategies

July 12th, 2022 by

BY BARBARA WELTMAN- If you are an employer, you are required to deposit your employment taxes on a regular schedule that’s dependent on the usual amount of the deposit. Most small businesses are on a monthly deposit basis, which requires employment taxes to be deposited by the 15th day of the following month. But what happens if you […]

July 4th, 2022 by

Small Business Insider by Karen Kerrigan –  Hometown Grants: T-Mobile’s next round of “Hometown Grants” Opens July 1 for Small Towns with Fewer than 50,000 The T-Mobile Hometown Grants program will help fund projects to build, rebuild, or refresh community spaces that help foster local connections in your town. For example, this might include the […]

July 1st, 2022 by

by Barbara Weltman- Gas prices at the pump have nearly doubled in one year, causing severe strain on business budgets. This is especially so for businesses that are based on driving, such as delivery services, or that feature deliveries as part of their offerings. Businesses can ameliorate this strain somewhat by being able to deduct […]

June 25th, 2022 by

By Karen Kerrigan – Starting a business? Or looking to run it better? This week’s Business Intelligence roundup includes practical advice and information that can help. How to Start a Small Business, U.S. News and World Report “Starting a business can be an exciting time for entrepreneurs – one full of big dreams for the […]

June 24th, 2022 by

by Barbara Weltman – Golden handcuffs are benefits provided by an employer to discourage an employee from leaving the company to take another job. Golden handcuffs have a bad connotation; it’s implied that they unhappily tie an employee to a job. But golden handcuffs may be a good strategy during this period of the Great […]

June 16th, 2022 by

by Barbara Weltman –  Merriam-Webster defines intellectual property, or IP, as “property (as an idea, invention, or process) that derives from the work of the mind or intellect; also: an application, right, or registration relating to this.” IP can be a boon to a business (think about the Coca Cola formula, the Nike trademark, and the patent for […]

June 2nd, 2022 by

by Barbara Weltman –  Disasters can happen at any time. They can be natural disasters, such as storms, earthquakes, and mudslides. Or they can result from human activity, such as arson and riots. Certain periods see more frequent natural disasters. The Eastern Pacific hurricane season runs from May 15 through November 30, the Atlantic hurricane […]

June 1st, 2022 by

SMALL BUSINESS INSIDER Who Small Business Owners and Startup Entrepreneurs Need to Follow for Advice By Karen Kerrigan- Given the surge of new business applications filed over the past two years, SBE Council is often asked about who entrepreneurs should turn to for guidance and support. Here is my list of “go to” small business […]

May 25th, 2022 by

BY BARBARA WELTMAN –  Under the federal Fair Labor Standards Act (FLSA), you must pay workers subject to minimum wage rules for the time that work is performed. This rule applies whether they’re working at your company site, in their homes, or on location. This simple statement is more complex when you try to define […]

May 18th, 2022 by

By Barbara Weltman – It’s common for business owners to pay various expenses from their own pockets. It just may be easy to do. But it can impact who takes the deduction for these business expenses. The entity used by your business dictates this…but you can change the results with reimbursement arrangements. Impact of your […]

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