Posts by GoSmallBiz
Friday 5 for April 23rd, 2021
How to Manage Your Remote Workforce By ADP Is your business one of the many that sent workers home to work remotely during the Covid-19 pandemic? Remote work was already a growing trend, and now that so many workers have… Read article Friction Harms the Customer Experience By Shep Hyken I’m a big believer in…
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Incorporation and Self-Employment Tax
A significant difference between the S corp structure and the sole proprietorship and partnership structures occurs with respect to the Self-Employment Tax (SE Tax). Owners of sole proprietorships, partnerships and similarly taxed LLCs pay SE Tax on their share of the business net profit, whereas owners of S corps and similarly taxed LLCs do not.…
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Small Business in the News: April 21, 2021 Edition
The past year has impacted different industries in different ways. Some had to make some adjustments but otherwise operated as normal. Others underwent dramatic short-term changes, but look to get back on track in the near future. And others were upended in ways that will have long-term consequences. Our top headlines this week look at…
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Friday 5 for April 16th, 2021
Resolve Problems the Right Way By Shep Hyken Problems can and will happen in any business. Resolving the problem—and resolving it in the right way—can help to get customers to come back. Don’t compound the frustrations… Watch video Don’t Forget About Mental Health By ADP When you think about health and wellness initiatives for your…
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Small Business in the News: April 15, 2021 Edition
Wondering what headlines you should be paying attention to in the small business world? We’ve got you covered! The most important news, trends, and insights are focusing on the impending return to the office, preparing for expected growth, and more. Employee benefits in the post-vaccine world are changing (Washington Post) Cash, Comps, and Time Off:…
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Friday 5 for April 9th, 2021
What to Do on Get to Know Your Customer Day By Shep Hyken We’re quickly approaching a pretty important date for customer service: the quarterly “Get to Know Your Customer” Day! This time around it’s on April 15. So what should you be doing… Watch video Keeping in Compliance with Your Workforce By ADP One…
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How does taxation differ between Corporations and LLCs?
A C corp is subject to what is known as double taxation. It pays corporate taxes on its own net income, and then that money can be taxed again, generally as dividends, under personal tax rates. This differs from sole proprietorships or general partnerships, pass-through entities that only pay personal tax rates. Pass-through entities are…
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Small Business in the News: April 7, 2021 Edition
Want to keep up with the most important and most interesting news for small business owners this week? Look no further! We’ve got a collection of news, trends, and insights to help you navigate wherever your business is. Here are the new government efforts to help small businesses (USA Today) Retailers may want to upgrade…
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Friday 5 for April 2nd, 2021
Have You Adopted the ER Strategy? By Shep Hyken The ER strategy is a great way to improve your business’s processes and customer experience. No, I’m not talking about the Emergency Room, so don’t worry! It’s like this. Do you… Watch video Dealing with Covid Burnout By ADP As the Covid-19 pandemic has now stretched…
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Small Business in the News: March 31, 2021 Edition
More than a year into the Covid-19 pandemic, we have a better picture now of what the world of work might look like when it ends. With changes to office design, work patterns, structure, and more, there are a wide range of possibilities for entrepreneurs to consider. The hybrid office is here to stay. The…
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