Category Archives: Business
How High Employee Turnover Affects Businesses
Many companies are concerned solely with making money. While high revenues are important, CEOs also need to focus on what else is important: employees. Without employees, companies cannot run smoothly. Executives would be scrambling to do everything on their own. Employees leave companies when they are frustrated. They seek greener grasses elsewhere and when… Read More »
How Business Structure Can Impact Liability and Taxes
Running a company is hard work. There are so many elements involved and it can be hard to know what laws apply. Many business owners are concerned about taxes and liability. How will you be affected? It depends on your business structure. Here’s what you need to know. Liability When it comes to a… Read More »
Starting a Business? Separate the Myths From Facts
When it comes to starting a business, many people are excited about the prospect. They get to run a company based on a product or service they care deeply about. There’s no boss to deal with and you can work the hours you want. However, running a business is not exactly easy. A lot… Read More »
Dealing With Business Contracts in the Face of Tariffs
Since President Donald Trump took office in January, he’s been causing a lot of chaos, to say the least. Budget cuts and layoffs have made news. The current hot topic is his imposition of tariffs. Executive Order 14098 has imposed a 10% tariff on virtually all imports to the United States, changing global commerce… Read More »
Most Common Legal Risks for Businesses
Many people have dreams of being their own boss, but running a business by yourself or even with a partner is not for the faint of heart. It’s not easy at all. You think working 9 to 5 for a boss is hard? Running a business is even harder. There are many laws and… Read More »
Starting a Business in Florida
If you’re looking for a good place to start a business, consider Florida. A study by WalletHub shows that Florida is the third-best state in the country for those who want to start a business in the near future. Florida has a huge working-age population (age 16-64). The fact that the Sunshine State has… Read More »
Best Ways to Implement AI Tools
We are now in the age of robots. Artificial intelligence (AI) has been around for a while now. You might use Amazon Alexa to order products, tell you the time, give you weather conditions, or play games. Or maybe you use chatbots to assist you with customer service and online purchases. AI tools can… Read More »
New Business Regulations for 2024
Whether you own a small business or a large corporation, there’s one thing you always need to do: follow the law. Laws are in place to protect businesses, provide a safe work environment, and ensure that employees are treated fairly. When businesses intentionally do not follow the laws, they are not looked at favorably…. Read More »
Corporate Transparency Act
The Corporate Transparency Act (CTA) went into effect on January 1, 2024. If you own a small business, you’ll want to take note, as this new law will likely affect you. Make sure you understand all the intricacies involved and how your business will be impacted. Otherwise, you could incur criminal or civil penalties…. Read More »
Should You Buy an Absentee-Run Business?
Many people want to be business owners, but they want to do it on their terms. They want to take the easy way out and generate passive income. Not having to run a business on a daily basis? Most people would say, yes please! But let’s face reality — this is not the norm…. Read More »