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6 Ways To Rebuild Your Small Business After COVID-19
The COVID-19 outbreak has wreaked financial havoc around the globe, leaving many small-business owners struggling in its wake. According to the National Federation of Independent Business (NFIB), as of March 30—still early in the crisis—92% of small businesses said they had suffered negative effects as a result of the
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8 Proven Methods for Small Businesses to Save Money
Small businesses frequently go through cycles of strong and weak profits. When profits are low, you probably will want to find time-tested ways to save money. You do this by cutting costs and reducing your overhead without sacrificing sales. Here are 8 proven ways for your business to save money: Outsourcing: You can
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Investing in Today's Bear Market? Ask Yourself These 4 Questions First
Many people hear the words "bear market" and think they ought to run and hide. After all, the idea of investing when the stock market is down can be scary. But actually, bear markets offer solid investment opportunities -- because stocks are cheaper to buy on a whole. If you're thinking of putting money into stocks in
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5 Basics of Financial Literacy
The Five Basics of Financial Literacy
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Three Ways Business Owners Can Evaluate Financial Risk
Financial risk can come in many forms. It could be an outside party that gains access to your bank account or a lawsuit that could bankrupt your
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How to encourage employee participation in preventative health
When you invest in health benefits and preventative health programs, you're investing in your employees. Giving employees the resources and tools they need to improve their health, both mental and physical, can reduce immediate and future health care costs and lead to a more productive workforce. However, these prevent
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Unemployment May Give You More Money, But It Can't Give You This
Unemployment benefits are looking a lot better than usual these days, thanks to the extra $600 per week the CARES Act provides to all recipients during the COVID-19 pandemic. Some people are actually earning more money from unemployment benefits than they did working their normal jobs, but even for these individuals, u
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Leveraging the Tax Code to Minimize Your Tax Liabilities
As we head toward March, one of most dreaded times of the year approaches: tax season.
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3 ways you can turn the tide of the 'Great Resignation'
The Great Resignation is changing. In fact, the more it's analyzed, the worse it gets. Piling on the stat from August that 51% of all employees were
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Intriguing ESOP Benefits: Thoughts on Recent Research
ESOPs (Employee Stock Ownership Plans) are IRC section 401(a) qualified defined contribution plans which allow employees to own stock in the company for which they work. ESOPs may be sponsored by public companies or closely held corporations. According to The National Center for Employee Ownership (NCEO), there are ove