Your Small Business Resource
Engaged employees are happy and productive because they are enthusiastic about their work and committed to the success of your small business. People who are actively involved in their company are absent less often...
This article was last edited on 12/19/2019. For updated information on Form 1099-MISC, visit https://www.irs.gov/forms-pubs/about-form-1099-misc. As a small business owner, you’ll file Form 1099-MISC, Miscellaneous Income, to report funds paid to independent contractors, if you paid them $600 or more during...
When you first start a business, having a plan is critical to your success. A business plan is a roadmap of your business’s future over the next three to five years. To be effective,...
This article was last edited on 02/12/2020. For updated information about the salary requirements for employees who are exempt from overtime, visit https://www.dol.gov/whd/overtime2019/index.htm. You may be required to pay your employees extra for any...
Networking is simply the act of meeting and talking to someone to exchange ideas, learn from them, teach them, and develop professional and social relationships. It can be challenging to start a new business...
As an employer, you’ll need to keep up with certain paperwork to help you make decisions, file tax returns, and follow government regulations. For each team member, maintain the following three files. 1. I-9...
If you’re thinking about hiring your first employee, congratulations! That’s a huge step for any small business. So, make sure you’re starting on the right foot by complying with any federal and state laws...
Choosing a name is a crucial step when starting your business – the right name can grow your business quickly, but the wrong name can lead to obscurity. Your name should reflect your business....
The marketing mix describes the choices your business makes during the process of bringing a new product to market. The primary elements that define your marketing mix are the four P’s: Product, Price, Promotion,...
This article was last edited on 08/20/2019. For updated information on self-employment tax, visit Self-Employment Tax (Social Security and Medicare Taxes). If you make $400 or more working for yourself (as a sole-proprietor, owner...