News (2421)
Growing Business Can Change Culture
As a small business grows it can be hard to maintain the culture, reports Forbes. As your company transitions from a start up to growing business you may have to put measures in place to make sure you are maintaining the culture you want in your organization.
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Small Business Still Not Fully Committed to Social Media
According to Small Business Trends, only 6 percent of small businesses use social media to promote their brand. Not surprisingly, the top social media site is Facebook.
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Resolve to Make Tax Time Easier
Small businesses often find tax time stressful, reports Entrepreneur. There are a few things a small business can do to make tax time less of a burden. One of those things is not waiting until the last minute to compile tax information.
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Affordable Coverage Option for Small Businesses
The nation’s leading advocate for entrepreneurs and small businesses praised the U.S. Senate for advancing the 21st Century Cures Act (Cures Act), which President Barack Obama is expected to sign. The legislation, passed by the U.S. House of Representatives last week, includes a host of measures to promote innovation in health care and accelerate the discovery of cures and treatments for diseases.
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Small business owners feeling good, rewarding employees
More than 60% of small business owners will offer a holiday or year-end bonus to employees this year, according to the November 2016 SurePayroll Small Business Scorecard®.
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Majority of Small Businesses Do Not Use an Automated Service to Backup Data in the Cloud
The majority of U.S. small businesses are not backing up data in the cloud with the support of a professional and automated backup service, as evidenced by new survey data from Clutch, a leading B2B ratings and reviews firm. Backup services, such as Mozy and Carbonite, automate the transfer of files to the cloud to safeguard against user error and negligence.
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Small Business Saturday Continues to Improve
Small businesses declare Small Business Saturday a success, reports CNBC. Overall, 112 million shoppers visited “Main Street” this past Saturday, which is a 13% increase over last year.
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Job Growth Declines
The latest Paychex IHS Small Business Jobs Index shows small business job growth fell slightly, reports 24/7 Wall St. In November, job growth fell .02%.
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Spend More Time Understanding Your Business Insurance Policy
According to Insurance Journal, after the catastrophe is not a good time to learn what your insurance doesn’t cover. Many small businesses don’t spend enough time with their agent/reading over their policy to understand the limitations of their coverage.
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Overtime Rules Set to Change
December 1st marks the start of the new overtime rules, reports Small Business Trends. The Department of Labor’s new rule, which changes the threshold for overtime pay for managers $23,000 to over $47,000, will impact nearly 4.2 million workers.
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