Business meals: yes or no on deductions? In brief, you cannot take a deduction for any expense related to activities generally considered entertainment, amusement or recreation. However, you...
Compensation comprises such elements as wages or salaries, benefits, union perks, employer-provided vendor discounts, work flexibility and paid time off. A company's compensation plan can promote employee engagement,...
Should I Use LinkedIn When Searching for Job Candidates?
When it comes to attracting qualified leads for a position, small business owners often struggle to gain the attention of skilled candidates. However, with the rise of networking...
Noncompete contracts (or clauses) are used to reduce competition by prohibiting former employees, and sometimes contractors and consultants, from (a) taking competing jobs after leaving your company or...
7 Considerations When Preparing Your Payroll Budget
Most companies spend 20% to 30% of their annual revenue on payroll. The exact amount varies based on the employer's size, industry, and staffing and operational needs. In...
A compensation plan is designed to attract and retain employees. Build your compensation plan to ensure pay equity while balancing the needs of your small business and delivering...
In the ever-evolving business landscape, marketing plays a pivotal role in determining a company's success. For small business owners, the question of whether to handle marketing in-house or...
