Best Practices
8 Ways Secure 2.0 Act affects retirement plans
As a small-business owner, there are new rules, and tax breaks, you should be aware of.
Best Practices
8 Ways Secure 2.0 Act affects retirement plans
As a small-business owner, there are new rules, and tax breaks, you should be aware of.
Best Practices
DOL violations: A refresher on child labor laws
Failure to comply with federal and state labor laws when employing those under the age of 18 can result in significant fines for employers.
Best Practices
DOL violations: A refresher on child labor laws
Failure to comply with federal and state labor laws when employing those under the age of 18 can result in significant fines for employers.
Best Practices
Four benefits of quickly reporting workers' comp claims
Promptly reporting worker injuries protects the employee and the employer in multiple ways.
Best Practices
Four benefits of quickly reporting workers' comp claims
Promptly reporting worker injuries protects the employee and the employer in multiple ways.
Best Practices
Protecting insurance information through a natural disaster
Cyber attackers won't hesitate to target companies during the most devastating times, so preparation is vital to protect company data.
Best Practices
Protecting insurance information through a natural disaster
Cyber attackers won't hesitate to target companies during the most devastating times, so preparation is vital to protect company data.
Lorenzo Bates shares why he left corporate America to become his own boss.
Lorenzo Bates shares why he left corporate America to become his own boss.
Here are five issues in the data privacy and cybersecurity space that businesses may see trending in 2023.
Here are five issues in the data privacy and cybersecurity space that businesses may see trending in 2023.
The economy and economic uncertainty are affecting sales and payments for small business owners.
The economy and economic uncertainty are affecting sales and payments for small business owners.
A new year is a good time to implement plans to supercharge your business.
A new year is a good time to implement plans to supercharge your business.
It's paramount for artisan contractors to protect their livelihoods, because specialized skillsets come with unique insurance needs.
Work-related injuries can lead to unplanned staffing shortages, lower team morale and decreased productivity.
Start the new year with a review of your employee handbook.
Profile
Lessons From a CEO: South Florida Business Transplant Tim Holt on Running a Successful Startup
"Miami has already achieved a lot, but I feel like it's on the verge of that next level and I like being a part of that movement, of the ecosystem that's creating that from people from all over the place doing all kinds of different things," said Tim Holt, president and CEO of R2 Technologies.
It is best practice to have policies in place so that if you are ever faced with a claim for workers' compensation benefits, you can limit exposure as much as possible.
Small businesses face numerous challenges to success and Pie Insurance CEO and co-founder John Swigart shares how the company uses tech-enabled insurance to serve this unique market.
Flexible business owners are the ones who survive recessions and challenging times.
As the Miami business market continues its incredible growth surge, small and middle market business owners are constantly facing decisions that can…
"The forces have combined to force most small businesses to raise prices to remain in business," said Ben Johnston, COO of small business financing company Kapitus.
This four-part checklist will put you in the habit of looking ahead and maximizing your tax benefits.
Companies routinely use independent contractors for special projects and isolated assignments as a way to cut down on the normal costs connected to…
Here are some tips from Amanda Hahn, chief marketing officer at HireVue, to ensure hiring is nothing but an easy check mark on your long holiday to-do list.
With PPP loans long gone, leftover government tax credit funds like the Employee Retention Credit may be the financial resources small businesses need right now.
Returns during the holiday season are inevitable, so the name of the game is retention optimization—of customers, dollars and product.
Cyberattacks on small businesses have risen in 2022. Here's how and why.
In addition to ensuring your business will sell, and for as much after-tax proceeds as possible, assembling the right team will also make the sale process much less daunting and stressful.
"These results show that as companies implement digital adoption strategies, it is vital that their employees are well supported to ensure that the approach is implemented effectively and brings clear benefits rather than confusion," Digital-adoption.com said.
Bringing up the topic of future wealth transfer sooner rather than later can be advantageous.
Best Practices
Many Workers Willing to Accept Pay Cut to Work From Home
Many workers saw the ability to work from home 2-3 days a week as worth 5% of pay, with higher valuations for women, people with children and those with longer commutes.
Around 40% of small business owners believe a cyberattack would cost less than $1,000 and fewer than three months to recover from.
Having disengaged, less productive workers is an issue, and indicates a dissatisfied, underperforming workforce.
If your business does nothing else in the digital marketing realm this year, and your goal is to see any online growth, do not skip out on short-form video content.
Hiring has remained a persistent concern throughout 2022, which means workers now "see themselves in the driver's seat," according to a new report from Homebase.
A pivotal hump for business owners is to get to the point where you can hire staff to handle admin tasks to allow you to focus on incoming-producing activities.
There is a little-known aspect of the Affordable Care Act that makes group insurance very accessible for small businesses.
Best Practices
3 Payroll Tax Considerations for Small Businesses
If you want to alleviate the headache that comes with payroll and payroll taxes for 2022, there are a few areas to consider.
"Leaders think their employees are not productive, whereas employees think they are being productive and in many cases even feel burnt out," Microsoft Chief Executive Officer Satya Nadella said.
Small businesses are often targets of hackers because they have fewer resources in the event of a cyberattack, or that's the common misconception.
Establishing a 401(k) and profit-sharing plan can be a powerful tool to help you save for retirement, decrease your taxes, attract and retain top talent, and help your employees save for retirement.
To avoid falling into the trap of eviction, follow these basics.
Best Practices
Small-Business Taxes for Beginners
Paying taxes as a small-business owner may seem overwhelming but there are more than 30 million small businesses in the U.S. If they can pay their taxes, so can you. Here's what you need to know to get started.
The rate of ransomware attacks is slowing as demands go unpaid, according to Coalition.
Expert Opinion
Hurricane Recovery Starts Before the Storm
For small businesses, hurricane preparedness plans can be the difference not only between safe and unsafe employees, but of the ability to continue or reestablish business operations
Meanwhile, Miami-based restaurants and hoteliers are getting a boost from a local jobs advertising blitz, which is encouraging local workers to consider the more than 200 career opportunities available in the area's hospitality industry.
To stay competitive in today's market, offering workplace savings programs should be a central element of a businesses' recruitment and retention strategy.
Best Practices
Small Business 101: Preparing for a Potential Recession
Multiple inflationary forces have combined to impact nearly every business in America. Here's what you can do to get past financial obstacles (and there is some good news).
The following provides a brief overview of the various issues that employers will need to consider in deciding whether to make changes to their benefit programs in light of the Supreme Court's ruling.
As a business owner, no one is going to determine your salary, so it is up to you to figure out your magic number — the number that compensates you for your worth, the value you bring to your business and the income you want in order to be able to live the lifestyle you desire.
Florida businesses violating the new regulation, which falls under the Civil Rights Act, face hefty fines and penalties.
Real estate can help you hedge against inflation and secure your retirement—and it provides tax benefits.
Here's what small business consultants recommend for any business looking to jump to a new market.
If you aren't always searching for new ways to cut costs, you won't be maximizing your business's potential in the market.
Best Practices
Summer Safety Tips to Avoid Work Injuries
When temperatures increase, so do the risks facing employees. Implementing these tips can help reduce seasonal risks.
Expert Opinion
Independent Contractor vs. Employee? Misclassifying Employees Can Be a Costly Mistake for Small Business Owners
Here's what small business owners need to know about the differences between an independent contractor and an employee, the tests used to properly classify employees, the risks of misclassification, and best practices to consider to avoid liability.
Best Practices
How Can Businesses Prepare for Wildfires?
Wildfires cause millions of dollars in damage to structures and burn through millions of acres each year. Businesses can protect their property with a wildfire preparation plan.
Here are six things to consider when deciding whether to arbitrate a claim.
Along with a proper response plan, small businesses should understand what not to do to avoid future cybersecurity attacks.
Boutique financial consultancy firms are smaller firms that specialize in handling particular tasks and have the flexibility to act as an extension of their clients.
Best Practices
Preparing for the Sale of a Business: Legal Due Diligence
Prior to taking a company to market, there are things can business owners do to make the process of responding to legal due diligence requests less painful.
Companies with weak or non-existent cybersecurity are easy targets for hackers.
Although it can be difficult for smaller employers to compete with large organizations when it comes to recruiting and retaining employees, offering the right employee benefits can level the playing field.
"With some businesses offering permanent work-from-home options, the updated handbook should address remote work guidelines such as best practices for telecommunications, documentation requirements and remote meeting guidance," labor and employment attorney Michael Landen said.
Best Practices
Insurance Helps Businesses Manage Their Risks
Here's what small business owners need to know about insurance risks and policies.
"It's not just about: everybody wants to work from home. It's: people want more autonomy of how they work, when they work, rather than where they work," said ADP's chief economist Nela Richardson.
While each business and location requires unique considerations, fundamental advice holds true. The following are key pointers for anyone seeking their first storefront.
"Competition for talent between large and small firms is really heated, especially in a tight labor market," said ADP's chief economist Nela Richardson.
This new resource is a collaborative effort from editors across multiple ALM brands, who'll be leveraging their expertise in law, real estate, finance, employee benefits, insurance and other areas to report on what's happening in their realms and why it matters to small business owners.
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