Each year, businesses give a W-2 form to each employee. The W-2 shows all taxable wages paid to the individual during the calendar year. The W-2 also includes...
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...
Is It Time To Review Your Business's Organizational Structure?
The way businesses operate has changed in many ways since the COVID-19 pandemic. Some of these changes are dramatic, and others are fairly straightforward. Now we are entering...
In recent years, interns have become increasingly popular in small businesses across the country and around the globe. Across all industries, small business owners are beginning to see...