As demand for products and services return to normal following the COVID lockdowns, the need for people to provide those things is only going to go up. Many industries are already desperate for workers (notice how many “now hiring” signs are in front of nearly every restaurant right now.) While it may be tempting to hire the first person through the door, you need to be ready to make sure you get the right person for your company. That’s why we’re bringing you some important interview questions to ask.
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Employee vs Contractor…and Why You’d Better Know the Difference
“What is the difference between an employee and a contractor?”
Over the years, it’s a question that has left many business owners scratching their heads and hoping that they aren’t inadvertently setting themselves up for legal trouble.
Best. Team. Ever. How to Maximize Your Onboarding Process
We all have felt that mixture of anticipation, excitement, and anxiety as we start a new job. We wonder, what’s the new place going to feel like? What will my responsibilities be? Who will my coworkers be and what will they be like? Will there be donuts? There’s...
The 4 Most Important Character Traits for New Employees
Congratulations! Your business is growing! You’ve done the hard work, beaten the hedges, plowed the rocky ground—and now you’re seeing the fruit of your labor. But you’re stressed out because all of this new work is way too much for you to handle! You find that your...
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How to Prep For A Business Audit (And Streamline Your Company)
The mere mention of the word “audit” is enough to cause some business owners to break into a cold sweat. They’ve either been through one before and it wasn’t a pleasant experience or they know that their records are in such a mess that they aren’t prepared for one.In...
Understanding The Basics of Inventory Accounting (A Guide For Small Business)
The goal of any business is to make a profit…usually, as much as possible. To do that, you have to generate revenue. And to do that, you have to move some inventory. This post will help you understand how your inventory accounting impacts your business so you can...
Unraveling Nonprofit Financial Statements To Help Your Organization Do Even More Good
When you run a nonprofit, you have to make every dollar count. Nonprofit financial statements help you stay on top of your income and expenses in a way that shows how you are responsibly using donors’ money. In this post, we’ll unpack what makes nonprofit financial...
The Minumum Acreage For Farm Tax Purposes (And Other Ways To Know If You’re Running A Real Farm)
Do you know the minimum acreage for farm tax purposes? Or what it takes to really be considered a “farm” in the eyes of the government? If you’re not sure, this post is for you. Minimum Acreage For Farm Tax Purposes We recently did a post on “How to Qualify for Farm...
Understanding The New Corporate Transparency Act (And What You Need To Do About It)
The U.S. government has passed legislation that now affects millions of businesses nationwide. If you own a small company, you need to know all about it since failure to comply can result in significant fines and penalties including imprisonment. Effective January 1...