SCORE defines a family-owned business as “Is one in which any two or more family members operate the company, and the majority of ownership or control lies within the family.” If you are an owner of a business in which other family members—a spouse, sibling, child, or other relative—also have an ownership interest or workContinueContinue reading “Succession Planning for Your Family-Owned Business”
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Employee Retention Credit Now: Where You Stand and What to Do
The employee retention credit (ERC), a credit created during COVID-19, ended on September 30, 2021 (December 31, 2021, for startups), but it’s still alive. How can that be? The reason: The deadline for submitting refund claims has not expired. Many employers claimed the credit, and a number of these are still pending. But there’s beenContinueContinue reading “Employee Retention Credit Now: Where You Stand and What to Do”
3 Ways Customers Can Be on Your Sales Team
The definition of a customer is “one that purchases a commodity or service.” A customer is the party that generates revenue for your business. But in addition to the sales they make, there are other ways a customer can help your business…and at little or no cost to you. Here are 3 ways a customerContinueContinue reading “3 Ways Customers Can Be on Your Sales Team”
Recession-Proofing Your Business: Managing Employee Anxiety
Experts aren’t certain there will be a recession, or whether we’re already in one. But what is certain is the growing number of job layoffs. Forbes reported that layoffs from January through September 2023 are up almost 200%. For example, layoffs have occurred at big tech firms, such as Google, Amazon, Microsoft, Yahoo, Meta, and Zoom.ContinueContinue reading “Recession-Proofing Your Business: Managing Employee Anxiety”
What Employers Should Know about Covid-19, Flu, and RSV
The calendar says flu season is just around the corner. The national health emergency from COVID-19 ended on May 11, 2023, but the illness is still here. And RSV (respiratory syncytial virus) is a concern at this time for certain demographics. How do these illnesses affect your business policies? Now is a good time toContinueContinue reading “What Employers Should Know about Covid-19, Flu, and RSV”
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