Incentive trips, conferences and other types of employee travel are common ways for employers to train, reward and motivate their best employees and managers. But off-site work events can also be a legal land mine. From injuries to assaults to alcohol-related incidents, your small business needs workers’ comp coverage to be prepared for the various issues that can surface on work-sponsored trips—and potentially lead to costly lawsuits.
Remember those childhood bullies who taunted their peers on the playground? Well many of them are now grown and wreaking havoc in workplaces across the country. A 2014 survey published by the Workplace Bullying Institute in Bellingham, Wash., found that 65.6 million workers in the United States have been affected by bullying, and that many employers still fail to fully address reported mistreatment and abusive conduct by managers and co-workers. According to Dr. Lisa Barrow, author of In Darkness Light Dawns: Exposing Workplace Bullying, unresolved workplace conflicts can take a huge toll on employee health and productivity.
Whether a weather disaster comes as flood, hail, high winds, lightning or something else, the result for about one in four of small businesses affected is the same — they never reopen. That’s according to the Insurance Institute for Business and Home Safety (IIBHS), a Tampa-based industry organization that researches ways to manage disaster risks.
All businesses face the risk of data breach, but recent studies indicate that small businesses are particularly susceptible. According to a 2016 report from the Ponemon Institute, 50 percent of smaller organizations surveyed experienced a data breach in the previous 12 months. New research by Symantec found that small businesses were victim to 43 percent of cyber attacks in 2015, up from 18 percent in 2011.
Entrepreneurs are always on the move. In fact, perpetual motion seems like a pre-requisite for success in modern startup culture. If youʼre not innovating, youʼre stagnating. Thatʼs why savvy small business owners know that building a business requires more than a great idea. It requires actionable goals and persistent execution.
The era of accounting with big clunky downloaded desktop applications or even clunkier spreadsheets is over. Finally.
Tax time is upon us. Every year, millions of American business leave tax credits on the table. These small business tax tips can help ensure you consider some of the credits and deductions you are entitled to – and ensure that now and in the years to come you are prepped and ready for tax season.
Tax Strategist or Tax Evader? C’mon…admit it. You know someone who’s done it.
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