Business

Get to Know Safe Harbor 401(k) Plans and Deadlines

Get to Know Safe Harbor 401(k) Plans and Deadlines

Employee access to a 401(k) is one of the best and most popular benefits you can offer to improve your business’s ability to recruit and retain top talent. But access to a retirement fund can be difficult for business owners and employees alike. The government (the IRS specifically) wants everyone -- not just the highly compensated -- to be prepared for exiting the workforce come retirement age. 

12 Deductions All Small Business Owners Should Know

12 Deductions All Small Business Owners Should Know

Tax deductions are a great way for small businesses to reduce their income tax bill. A tax deduction is an expense you can deduct from your total taxable income. The approved expense is subtracted from the total taxable income, and therefore allows you to pay a smaller tax bill. Let’s take a look at twelve tax breaks every small business owner should know about.

4 Ways to Know What Your Customers Are Really Thinking

4 Ways to Know What Your Customers Are Really Thinking

There are a number of best practices business owners can do in order to promote company growth. Some of these include staying up to date with industry trends and putting an emphasis on your recruitment and retention efforts. However, the most important thing you can do when it comes to cultivating a successful business is pleasing your customers. So, how exactly can you tell what your customers are really thinking about your business? Use these four tips to find out:

10 Life-Hacks to Improve Productivity for Business Owners

10 Life-Hacks to Improve Productivity for Business Owners

Owning your own business is one job you can’t leave at the door when you get home. Being a business owner or CEO requires your availability and attention even while away from the office. This means that you have to maintain your productivity level to its fullest potential 100% of the time. Consider these 10 life-hacks that will help you keep the gears moving, even on your most unmotivated days.

6 Reasons to Ditch Paper Invoices

6 Reasons to Ditch Paper Invoices

In spite of constant technological developments, most companies still handle their documentation manually, ignoring all the advantages new technologies bring. This kind of slow and inefficient document flow brings about significant printing costs, the burden of delivering and storing paper clutter, as well as a lot of wasted time.  

If you are thinking about digitally transforming your business in order to reach maximum efficiency and save some resources, automating the invoice process is a perfect place to start.

5 Tips to Improve your Leadership Skills

5 Tips to Improve your Leadership Skills

Leadership is never easy, and even for the few natural-born leaders out there, the pressure can be incredibly nerve wracking. When people look to you for direction, whether it’s one person or hundreds, the power you wield can make or break a business. That is why it is important to consider what it takes to be a great leader. It’s your job to encourage, inspire, and motivate your employees, so what’s the best way to do that? Below are a few tips you can use to take the first steps at becoming a great leader.