Insurance is notoriously complicated, and few people have the time or desire to pore over their policies. But some basic knowledge can go a long way — and that’s where an insurance agent can help, by clearing up some of the most common misconceptions they encounter…
Salary vs. draw: How to pay yourself as a small business owner
You love your business, but that doesn’t mean you can afford to work for free. Yet, figuring out how to pay yourself as a business owner can be complicated.
You need to think carefully about how you take money out of your business entity. Typically, that’s done one of two...
What you need to know before accepting bitcoin payments
A growing number of small businesses are accepting cryptocurrency. But there's a lot to understand if you want to try it with your company.
Digital currency may not be quite mainstream yet, but a growing number of companies are now are accepting Bitcoin as payment. The question...
How to turn your idea into a business
Ask any successful entrepreneur how they came up with the idea for their business, and they’ll likely be able to pinpoint the exact moment or scenario. For my startup, Punch List, a project management app that helps contractors and homeowners better run remodels, the idea came from a particularly difficult experience renovating my home in Venice, CA in 2017…
New report: pay transparency may be the key to keeping your employees in 2021
The pandemic has changed how employees view work and compensation.
The pandemic has transformed the workplace, adjusting how employers make decisions and changing the way employees view work and compensation…
A small business owner’s guide to going digital
I started watching “Get Organized with The Home Edit” on Netflix and purchased several boxes of velvet hangers before I finished the first episode. I ordered them online, and they arrived on my doorstep the next day. Once I hung up my clothes, the obvious next step was to purchase some clear plastic bins for my scarves and shoes. Once again, I turned to the internet…
7 payroll errors and how to avoid them
If you accidentally underpay an employee, you’ll undoubtedly hear about it. But if you slip and overpay your employees, you may not know for weeks or months. As a business owner, it’s up to you to manage payroll with the same precision you afford to every other part of your business…