It’s a fact of any business: Employees occasionally miss work and absenteeism is going to happen. Sure, absenteeism isn’t always avoidable. But, there are steps you can take to reduce absenteeism in the workplace.
Read More How to Reduce Absenteeism in the Workplace
ABA numbers are unique numbers assigned to financial institutions to allow funds transfers between different banks. Although this practice is also prevalent in other countries, the nine-digit format is unique to the United States. ABA numbers are known by several other terms, namely Routing Transit Numbers (RTN), ABA Transit Numbers, and ABA Routing numbers.
Read More What Is an ABA Number?
Here’s the scoop: 72% of private industry workers have access to employer-provided retirement plans. Do yours? If you don’t offer employees a small business retirement plan, like a 401(k), it might be time to hop on the bandwagon. Read on to learn about the types of 401(k) plans to choose from.
Read More Types of 401(k) Plans: Traditional, Roth, and More
Did you pay any vendors this year? There are many types of payments, ranging from rents to prizes and awards. And if you did pay a vendor, you might be required to file Form 1099-MISC. So, what is IRS Form 1099?
Read More What Is IRS Form 1099?
If you’re a small business owner with employees, a significant portion of your business’s expenses goes toward paying wages. That’s why you should pay attention to your year-to-date (YTD) payroll expenses. What is year-to-date payroll?
Read More What Is Year-to-date Payroll, and Why Does it Matter?
Having many expenses is an inevitable part of owning a small business. But, you also need to be able to generate enough money to pay for those expenses. To determine whether you can pay off your short-term debt, you need to understand working capital.
Read More The Ins and Outs of Business Working Capital
When it comes to pulling reports, establishing a business budget, and filing taxes, you need to know your company’s fiscal year. So, what does a fiscal year mean, exactly? When does the fiscal year start? And, how long is a fiscal year? Read on to get the answers to these questions and more.
Read More What Is a Fiscal Year for Your Business and Books?
As a small business owner, you need goods to operate. Your inventory is an essential organ in the anatomy of your business. The tools you use and the merchandise you sell help you accomplish daily goals, and ultimately grow your company.
Read More What Is a Vendor? Overview for Small Business Owners
You might not know that unclaimed property is governed by state laws. For example, if a bank account is inactive for an extended period of time, your state can claim the funds in your account in a process known as escheatment. What is escheatment?
Read More What Is Escheatment?
A sole proprietor is an individual who owns and operates their own business. The easiest and most common business to set up is a sole proprietorship. Sole proprietors fill out fewer tax forms and pay less to start their businesses.
Read More What Is a Sole Proprietor?