Your Small Business Resource
Sadly, good employees leave sometimes. When a member of your small business team quits, an exit interview can help you learn why. Although it can be difficult to hear criticism, you gain valuable information...
This article was last edited on 12/20/2019. For updated information on small business income tax forms, visit https://www.irs.gov/businesses. Federal income tax is a pay-as-you-go tax, so you’ll need to pay it as you earn income throughout the year. As an...
Once you hire your first employee, it’s time to start running payroll. There’s a lot that goes into paying your team. Keep reading to learn nine terms you’ll likely encounter when writing paychecks. 1....
Your company’s breakeven point occurs when your revenue equals your fixed costs. It can help you understand how changes to your prices and costs can affect your small business. 1. Determine your fixed costs...
If you plan to hire employees, you’ll need to obtain an Employer Identification Number (EIN). The IRS requires most businesses have one to identify each employer’s tax account. Keep reading to learn how to...
Your employee handbook is the most important communication tool between you and your team. It tells workers how they’re expected to behave and what they can expect from the company. It also provides legal...
You and your employees spend just as much time, if not more, with each other as you spend with friends and family. You can’t force your employees to be close on a personal level,...
Your marketing plan is one of the biggest pieces of your business plan. Your marketing plan puts you in the minds of your customers, so you can take action toward delivering your product or...
Onboarding is essential for ensuring your team members start off on the right foot. It gives your new hires the tools they need to be successful. Too often, new staff members are given a...
Social media marketing is simply using social media sites, like Facebook, Instagram, Twitter, Reddit, and YouTube, to bring traffic to your company. There are 1.87 billion active users on social media each month. Your...