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Entrepreneurs may find it particularly difficult to attract entry-level employees when setting out to hire new talent for their small businesses. While they may have an onslaught of applications from candidates with years of experience, they will often find they have garnered little to no interest from those just entering the workforce. However, small business […]

Hiring new talent is a process every small business owner must undergo. However, that does not mean it is always accessible. Small business owners must strive to hire the right talent the first time. Doing so will give their businesses the best opportunity to thrive and remain successful for years. Unfortunately, it is not always […]

Can you increase prices while keeping loyal customers? It’s an age-old question that every small business owner has asked or is bound to ask themselves at some point in their career. However, in this time of inflation and supply chain disruption, small business owners are forced to reflect on this question more often than ever. […]

Experiencing failure is an inevitable part of running a small business. Unfortunately, small business owners are often placed in risky situations where they may have to make a decision that could end negatively. However, small business owners cannot be afraid of failure. They must realize failure is crucial to accomplishing their goals and ensuring their […]

Miscommunications and misunderstandings are bound to happen in any workplace. However, the frequency with which they occur can likely be lowered in many small businesses. While small business owners will never be able to fully eliminate miscommunications and misunderstandings from occurring, they can take active measures to decrease the frequency with which they happen. Businesses […]

Every small business will experience its fair share of negativity over the years. Whether these people interact internally or externally with each organization, they will somehow impact it. Unfortunately, this impact is often detrimental to the organization to some extent. Therefore, small business owners must understand how to recognize Negativity, predict their impact on their […]

IRS Announces HSA Limits for 2024 In the recently released Rev. Proc. 2023-23, the IRS has made annual inflation adjustments to health savings accounts: For calendar year 2024, a “high deductible health plan” is defined as a health plan with an annual deductible that is not less than $1,600 for self-only coverage or $3,200 for […]

Boosting productivity is one of the easiest ways for small business owners to increase their bottom lines. However, figuring out strategies to increase productivity is not always as easy as it may seem. Small business owners must increase productivity at all levels of their businesses to see an increase in revenue overall. Therefore, increasing productivity […]

Excellent focus while at work is essential for any small business owner or leader. Being able to lock in and focus during work allows small business owners and leaders to complete their work most efficiently and effectively as possible. Therefore, it is always essential for these individuals to continuously find ways to increase their focus, […]

Rachel McJunkins, Payroll Specialist, has been with PaySmart for almost one year. Rachel appreciates the opportunity to support small businesses. She enjoys helping small companies increase their confidence in ensuring accurate and timely payroll. Rachel mentions that it helps her decompress and leave work at work. She does that by maximizing her time commuting and […]