Understanding New Rules for Who’s an Employee and Who’s Not: A Simple Guide for 2024

Big news effective this month!  Two big offices in the U.S., the Department of Labor (DOL) and the Internal Revenue Service (IRS), made some new rules about whether someone working for a business is considered an employee or someone who works for themselves (like a freelancer). Starting in March, these changes help everyone know better if they should be treated like a part of the company or more like their…  Read more

How to raise your prices

As prices continue to rise, you’ve likely noticed that your cost of doing business has increased as well. With that in mind, you may be considering raising your prices – as you should. After all, the main point of any business is to make money, and you can’t do that if you’re no longer breaking even. Read on to discover some tips on how to raise your prices, and how…  Read more

How seasonal employees can benefit your business

When it comes to hiring seasonal employees, business owners tend to fall into two groups. Some look forward to hiring temporary workers, knowing that the need for seasonal workers reflects a business season. Some feel that it’s a necessary evil to get through times where the workload is heavy and the permanent workforce is lean. Unfortunately, the attitude is that seasonal employees are temporary, and are therefore not as skilled…  Read more

The differences between wages, salary, commission, and bonuses

There are a few different methods that employers use to pay their employees, and while they may have similarities, they each also have their own implications for your business and its employees. On top of that, there may be a blended model at play, in which you offer two types of compensation at once, such as a wage and bonuses. How you pay your employees will impact your finances and…  Read more

When to raise your prices

It’s an inevitability in every business – you have to raise your prices to continue making a profit. There are many factors that go into deciding how much to charge, all of which are dynamic. The rising cost of goods, inflation, and a changing market are just a few reasons why any small business has to reevaluate its rates regularly to stay competitive (and to stay in business). While it…  Read more

5 advantages to using electronic onboarding

The process of onboarding employees is often lengthy, but it’s important. New hires need to learn your company’s culture, policies, and procedures. You also need to get some critical information from them so that they can legally work for you. The onboarding process is typically long and a little dry. It may include training, equipment distribution, benefits orientation, and security policies, just to name a few. There are many benefits…  Read more

6 Reasons Why You Should Raise Your Prices

    There comes a time for every small business to raise their prices. While it may seem scary, remember that it’s your job to keep prices fair, both for you and your customers. That means you have to charge prices that work for you and allow you to remain in business. Read on for six reasons to raise your prices. Your costs have grown The thing about inflation is…  Read more

How to find a domain name for your business

Domain names play a key role in how visitors to your website identify your business. This is precisely why you should spend sufficient time finding the domain name that best suits your brand. But finding a suitable name for your website is not always as simple as it looks: the name you want is already taken, the catchy four-letter domain is too costly, or you may just lack inspiration. Let’s…  Read more

Jingle Jingle Don’t Commingle or Santa will put You on the Naughty List!

You’re out doing a little Christmas shopping on your way home and realize you left your personal credit card at home.  So you whip out your business credit card to pay for your kid’s new toy.  What’s the harm right?   Well according to the IRS this is a big no no. What is Commingling?  Simply put, it’s paying for personal expenses through your business.   One of the keys to operating…  Read more

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