How To Do Payroll Yourself With An LLC
There are several steps to doing payroll yourself with an LLC. In fact, there are a few different methods for self-employed LLC entrepreneurs to compensate themselves. Usually, these entrepreneurs take a salary or an owner’s draw. Alternatively, you can buy a franchise to run operations smoothly. All methods have differing requirements and regulations around them. As an entrepreneur, you should learn some of these stipulations to maintain regulatory compliance when paying yourself. In this post, we’ll discuss how to do payroll
5 Considerations For Planning An Extended Business Trip
The business industry has changed drastically in the last year. Hybrid remote working, Zoom meetings and flexible working have become the new normal – replacing the traditional work office model. With this new style of working comes an entirely different approach to business trips and international travel. In the next few years, there are likely to be far fewer business trips than in the past. When individuals do travel for business trips, they are likely to stay for more extended periods.
How To Post A Job On Indeed For Free
There are several steps to posting a job on Indeed for free. Indeed is currently the largest job board in the United States and represents 16.36% of the global job board market share. Of course, posting to this board significantly expands the number of applicants your jobs will reach without any monetary investment. As an HR professional, provide enterprise-quality reach expansions at no cost by posting to Indeed for free. Read on to discover how to post a job on Indeed
How To Create Promotional Branded Materials For Your Startup
There are several important steps to create custom promotional branded materials for your startup. Businesses use promotional marketing items to introduce new protects, improve customer relationship, and build brand awareness. Internally, these branded materials can be used to celebrate organizational milestones or motivate your team. If you are interested in creating promotional advertisers or branded ‘swag’ for your company, there are a few important processes to keep in mind. This way, you can make your brand stand out with exciting new
What Are The Most Common Workplace Hazards?
Accidents are an unfortunate inevitability of our everyday lives. No matter how careful we are, unforeseen circumstances can crop up at any time and present a danger to both our physical and mental well being. And with so much of our adult lives spent at work, it stands to reason that our mishaps frequently occur at our place of employment. Of course, employers have a legal and moral responsibility to do everything they can to look after their staff. Without safety
5 Groundbreaking Communication Tools For Online Startups
There are many groundbreaking communication tools for online startups. These tools are designed to create a more positive, beneficial workplace culture. They orient all team members toward a common goal, provide direction, and give employees an equal chance to contribute. Additionally, several studies conclude the use of various communication tools significantly impacts employee productivity and performance. Moreover, the increased communication between employees facilitated by these tools typically strengthens inter-department relationships. As the CEO of an online startup, you should drive workplace
How Single Touch Payroll Reporting Impacts Small Businesses
There are many ways single touch payroll reporting impacts small businesses. Single touch payroll (STP) is a streamlined way for Australian business owners to report their superannuation and tax data to the Australian tax office (ATO). By changing the ways employee tax and super information is reported, STP significantly reduces reporting time and increases reporting accuracy. As a financial professional, increase employees’ payment information transparency, streamline payroll processes, and innovate with scalable accounting software by embracing STP reporting. Read on to
5 Best Business Features That Come With A Mac
If you’re working on a MacBook, consider yourself lucky, as it is one of the best business laptops of 2021. Indeed, it boasts incredible user experience, speed, and performance. With each operating system release, the Apple team includes features that make the laptop a perfect fit for work. In this post, we’ve put together the best features that make it easy to do business on your Mac. Processors Both MacBook Pro and MacBook Air come with powerful processors. For example, a
How To Compare Small Business Lenders For Online Financing
Small business lenders often provide funding for companies entirely online. In fact, under recent market conditions, online lenders are more popular than ever before. Many businesses utilize these lenders because they combine traditional and nontraditional metrics. These metrics include personal credit scores, cash flows, social media interactions, and online reviews. This way, online lenders provide small businesses faster and simpler access to funding. As a small business owner, you can secure long term business loan by working with online lenders. In
5 Best Corporate Registered Agent Services For Online Companies
There are many great corporate registered agent services for online companies. These agents receive various documents related to compliance, process of service notices, and government contracts and communications on behalf of an LLC. Corporate agents also protect the business owner’s privacy, as they receive correspondence instead of the owner. Additionally, they often help businesses file taxes and stay up-to-date on any legal issues. As an LLC owner, you should maintain regulatory compliance, assist in tax and legal processes, as well as
What Is Tax Relief & How To Get Your IRS Debt Forgiven?
Sometimes, life happens, and even the Internal Revenue Service understands this. This is why there are government programs in place that will forgive your debts, especially if you cannot afford the payment of the taxes. However, these debt forgiveness programs are only applied to eligible taxpayers. Not all of the amount is forgiven, and there are still some partial debts that may be left and needed to be paid. Needless to say, this is still a helpful program where the liabilities
5 Important M&A Due Diligence Checklist Items To Confirm
There are several key m&a due diligence checklist activities for buying a business. In fact, most buyers evaluate prospective businesses using these checklists. By determining a prospective business’s commercial potential, these buyers judge whether the business can fulfill their specific needs. Additionally, extensive appraisal of business assets and liabilities often streamlines ownership transitions and offers a more complete picture of business financials. As a prospective business buyer, you should highlight red flags and determine an applicable business’s potential fit for your
How New Lease Accounting Rules Impact Company Balance Reporting
There are many ways the new lease accounting rules impact company balance reporting. These new accounting rules significantly affect the finances of businesses that lease properties, vehicles, or equipment. In fact, under Accounting Standards Update 2016-02, accounting processes for these operating leases are significantly affected. As a financial professional, you should learn how these new lease rules impact operating leases and business acquisition valuations. Read on to discover how new lease accounting rules impact company balance reporting. Lease Classification Components Lease
How To Plan Company Retreats That Boost Employee Morale
Company retreats boost morale and bring employees together. In high-stress and competitive work environments, hard work may go unnoticed. Corporate retreats provide an opportunity for managers to let employees know
5 Effective Ways To Optimize Your Dinner Delivery Boxes Business
Now is a great time to implement strategies that will optimize your dinner delivery boxes business. The meal delivery industry is booming. The world today is fast-paced and stressful. People
How To Prevent Employee Burnout Through Work Life Balance
In today’s highly mobile, constantly connected society, an increasing number of employees are feeling the pressure to be always “on.” Staff are working at all hours, making few distinctions between company time and personal time. Many are overworked to the point where it is
5 Ways Invoice Automation Software Simplifies AP Systems
Managers are constantly looking for the best way to simplify their accounts payable (AP) systems. One of the most effective ways to so this is through invoice automation software. Automation
How To Choose Profitable Retirement Income Funds
There are several steps to take before investors can choose profitable retirement income funds. Proper investment for retirement is essential. Retirement income funds are a major resource for investors looking
5 Safety Measures To Take During The Global Pandemic
Governments around the globe have taken precautionary steps and implemented regulations in order to keep citizens safe and ultimately, slow the spread of the coronavirus pandemic. But despite the strict
5 Socially Responsible Funds That Reflect Humanitarian Values
Socially responsible investing is one of the best ways to have your money reflect your humanitarian values. Socially responsible funds are composed of organizations dedicated to improving global well-being. Investment
5 Strategic Employee Assessment Test Questions To Ask
There are several strategic questions you need to ask on your employee assessment test. Asking the proper questions ensures you have thoroughly vetted employees before onboarding them to your team.
Is Buying A House During A Recession A Good Idea?
Prospective homeowners are constantly concerned with the impact a recession has on real estate purchases. Recessions can have a great impact on overall real estate prices, mortgage rates, and loan
5 Considerations For Implementing A Pre-Employment Assessment
The idea of implementing a pre-employment assessment can seem like a daunting undertaking for hiring managers. After all, they are already tasked with the arduous job of reviewing resumes, interviewing
How To Roll Out A 401(K) Small Business Plan
There is a sophisticated, multi-step process to roll out a 401(k) plan for your small business. With modern advances in payroll and record keeping, it is easier than ever to
How To Calculate Employee Overtime Costs
Overtime cost calculation can be a stressful process for modern business owners. It is obviously essential to fairly compensate your valuable employees for their hardworking time. However, it can be
Why Small Business Owners Need Geofencing Platforms
Small business owners are continually looking for ways to improve efficiencies. One valuable approach for achieving this goal is utilizing geofencing platforms. The technology uses data from sources like GPS