Business News for February 2013

CONCISE WRITING CREATES BETTER BUSINESS COMMUNICATIONS Business executives and CEOs are openly expressing their preference for manageable bits of media as opposed to lengthy reports. Many people associate bullet points or lists with informality and casual communication. However, more and more professionals are accepting the science of the last decade, which shows that our attention…

Business News for November 2012

WHEN THE UNEXPECTED STRIKES: BUSINESS RECOVERY AFTER DISASTER STRIKES Although unpleasant to think about, the chance that a natural disaster may strike your region is always a possibility. Any sort of situation from a flood, wind damage or a fire can have devastating results for business owners ranging from lost files and merchandise to destroyed…

Business News for August 2012

WHAT HEALTH REFORM MEANS FOR SMALL BUSINESSES The healthcare reform means that any employer that has greater than 50 employees must provide health insurance to its employees. Those employers that have less than 25 employees get a credit if they provide health insurance. If the employer has greater than 50 people and does not provide…

Business News for May 2012

JUMPSTART OUR BUSINESS STARTUPS ACT President Barack Obama has recently signed the Jumpstart Our Business Startups Act. The JOBS Act is intended to enable small businesses to use the Internet to raise up to $1 million in investment capital from a multitude of people by a technique known as “crowdfunding.” Larger companies may offer up…

Business News for November 2011

Repeal of 1099 Reporting Requirements on Small Business Transactions The passage of health care reform in 2010 brought along with it a new requirement which would have impacted the recordkeeping practices for small businesses. The law required that businesses report all transactions greater than $600 on a IRS Form 1099 issued to the vendor. The…

Business News for August 2011

HOW SMALL BUSINESSES MANAGE THEIR REPUTATION WHEN EVERYONE’S A CRITIC Online review sites are reshaping the world of small business. For some business owners, this is a terrifying prospect. A bad review can deter potential consumers from using or frequenting a certain business. Happily, there is an upside for referrals from satisfied clients, which are…

Business News for May 2011

AN OVERVIEW OF CONSUMER CREDIT Credit allows individuals to finance transactions without having to pay the full cost of the merchandise at the time of the purchase.  A common form of consumer credit is a credit card account issued by a financial institution.  In 1968, Congress passed the Consumer Credit Protection Act to regulate the…

Business News for February 2011

PRE-EMPLOYMENT SCREENING AND LEGAL HANGUPS Many small businesses today are finding it necessary to perform pre-employment screening as a necessary hiring practice in order to avoid lawsuits and costly hiring mistakes.  Regardless of the size of your business, it is important to avoid certain pitfalls so that you can safely and systematically ensure that your…