To run a successful business, you need to focus on more than just day-to-day operations. It’s also critical to pay attention to all aspects of your business – sales & marketing, customer service, research & development, and accounting. If you…
Business travel has substantially decreased over the past couple of years due to the pandemic, but from time to time, employees still need to travel for work-related reasons. Maybe it’s driving between different employer-owned locations within a workday, or maybe…
Tread cautiously if you have received a notification from Microsoft with “Spam Notification” in the subject line. It appears to be notifying you that you have received spam, although it is the newest attempt in a long line of phishing…
The 2021-2022 Aflac WorkForces Report highlights some trends in employee benefits that have occurred due to the pandemic. The report reflects an increase in employee interest in supplemental benefits such as life insurance, critical illness, accident, and disability coverage. These…
Having weak or no internal controls leaves your organization open to thieves or dishonest employees who are looking for opportunities to make some extra money. The good news is there are simple controls you can put in place to deter…
In the case of embezzlement, what options does a business owner have in recuperating some of the losses? A business may be able to claim a federal income tax deduction for a theft loss, but does embezzlement count as theft?…
Whether pandemic-related or not, struggling businesses look for financial assistance in the form of affordable conventional loans. And some profitable businesses may benefit from refinancing to more favorable terms on their existing debt. Doing so can help reduce interest expense…
Payroll Protection Plan (PPP) loans were a lifeline for many small business owners during the worst of the pandemic-driven economic slowdown. In total, the Small Business Administration (SBA) approved nearly 12 million PPP loans, averaging $67,000. The PPP program stopped accepting…
Your business is probably set up as a Limited Liability Company (LLC), a sub chapter S-Corporation, or both. But what’s the difference, and under what circumstances would it make sense to change your LLC into an S-Corp? An LLC is…
Disruptive events like a natural disaster or a pandemic can happen at any time. Maintaining timely, relevant and clear communication with your team throughout the event is vital and is an important component of any disaster recovery plan. Gathering employee…