If your business has been devastated by the impact of the coronavirus, you might be interested in new ways to cut back expenses. Instead of laying off or furloughing employees as a way to decrease costs, you might benefit from a work share program. What is worksharing?
Read More What Is Worksharing, the Layoff “Alternative?”
If you’ve taken out a business loan or line of credit, you’re aware that interest accrues on the borrowed amount. But, do you know how to record accrued interest in your books?
Read More How to Record Accrued Interest in Your Books
Quick: Tell me what your business does in under a minute and a half. Can you do it? Probably not, for one of two reasons. First, we can’t hear you. And second, you may not have nailed down your entrepreneur elevator pitch yet.
Read More Rising to the Occasion: How to Master Your Entrepreneur Elevator Pitch
Let’s face it: accounting is confusing. There are so many rules to follow and calculations to do. But, it’s one of those things you have to do for the sake of your business. So instead of diving straight into the complicated stuff, start slowly with simple journal entries.
Read More Getting Started With Simple Journal Entries
Offering employees the opportunity to contribute to a retirement plan is a benefit many for-profit businesses provide. But, what about nonprofits? If you run a nonprofit with 501(c)(3) status, you can offer your employees a 403(b) retirement plan.
Read More 403(b) Retirement Plan: Option for Nonprofits
Many businesses may want to help build a better economy, society, and environment, but some make it a priority. If you own a business that prioritizes the common good, consider applying for B Corp certification.
Read More B Corp Certification: Your Complete Q&A
No business owner wants to deal with penalties, fines, and lawsuits due to the hiring process. To protect your business from sticky legal situations, you need to know state laws, like ban-the-box. What are the states with ban-the-box laws?
Read More What Are the States With Ban-the-box Laws (and What Does That Mean)?
Is your business in good standing with your state? Unless you have a certificate of good standing, you might not know the answer. And now, you might be wondering what is a certificate of good standing.
Read More What Is a Certificate of Good Standing?
Do you have nonexempt employees in your business? If so, you need an overtime policy to set some ground rules. Your employee overtime policy should address things like limits and who can work overtime.
Read More How to Draft Your Business’s Overtime Policy
Is your business structured as a partnership or multi-member LLC? If so, you must file Form 1065 annually. Read on to learn what is Form 1065 and what kind of information you need to fill it out. And, find out how to file the tax form, including where to send it and when it’s due.
Read More What Is Form 1065?