Many business owners reach a point where managing the financial side of the enterprise becomes overwhelming. Usually, this is a good thing — the company has grown to a point where simple bookkeeping and basic financial reporting just don’t cut it … [Read more...]
4 common mistakes when outsourcing HR functions
For many small and even some midsize employers, keeping up with the regulatory and administrative functions of human resources (HR) isn’t easy.Sometimes most or all the work is assigned to an office manager who isn’t specifically trained to handle HR … [Read more...]
Taking a long-term approach to certain insurance documentation
After insurance policies expire, many businesses just throw away the paper copies and delete the digital files. But you may need to produce evidence of certain kinds of insurance even after the coverage period has expired. For this reason, it’s best … [Read more...]
2019 – 07/25 – “Tax due” adds up fast if you don’t withhold enough
Employee pickup of SPDs isn’t a good idea
Many organizations have employees who become eligible for benefits during their employment. At such time, the employer must provide them with a summary plan description (SPD) of any health benefits plan (or retirement plan) covered by the Employee … [Read more...]
Run your strategic-planning meetings like they really matter
Many businesses struggle to turn abstract strategic-planning ideas into concrete, actionable plans. One reason why is simple: ineffective meetings. The ideas are there, lurking in the minds of management and key employees, but the process for hashing … [Read more...]
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