Human Resources
53% of People Lie on Resumes — Including Brian Williams
This will be my 4th year working at Tarkenton Companies and GoSmallBiz.com, but you probably knew me before then—even if you didn’t realize it. Let’s look at some of the highlights from my resume: 2003: After forgoing college and deciding to enter the NBA draft, I was taken 1st overall by the Cleveland Cavaliers. After…
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3 Ways to Become Productively Generous
In Western culture, many people define success narrowly as money and power. In her uplifting book Thrive, Arianna Huffington argues that this leaves us sitting on a two-legged stool, which will tip over if we don’t add a third leg. She makes a passionate case, supported by science, for expanding our definition of what it…
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Best of the Business Mentoring Series — Give and Take with Adam Grant
Throughout January, we’ll bring you the best of 2014’s Business Mentoring Series. This week, Fran sits down with Adam Grant, the youngest-tenured and highest-rated professor at The Wharton School of the University of Pennsylvania, to talk about being productively generous. Focusing his research on organizational psychology and workplace motivation, Adam is one of the most…
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Errors and Omissions Insurance
Errors and omissions are the mistakes made by professional persons in the delivery of their service offerings. An example might be the instance of a real estate agent failing to disclose that an adjoining property had been rezoned for a purpose that might impact property value. Insurance for this type occurrence by a doctor, lawyer,…
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Business Mentoring Series — The Trouble with Talented Terrors
Mark Murphy is the founder and CEO of Leadership IQ, a top-rated research and management consulting firm that delivers employee engagement surveys and leadership training for small and mid-size businesses. Mark is the best-selling author of Hundred Percenters, Hiring for Attitude, and Hard Goals. Through Leadership IQ, his programs focus on leadership that inspires a…
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Succession Planning
Most business owners want their businesses to survive after their own retirement. Survival of the business allows for the payment of retirement income and gives a sense of accomplishment to the founder. It can also be a valuable source of future income and employment for family members. So why is it that only 30% of…
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Retirement Plans
You can set up and maintain the following small business retirement plans for yourself and your employees. SEP (Simplified Employee Pension) plans SIMPLE (Savings Incentive Match Plan for Employees) plans Qualified plans (including Keogh or H.R. 10 plans) SEP, SIMPLE, and qualified plans offer you and your employees a tax favored way to save for…
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The Secret to Productivity, In One Sentence
All behavior is a function of consequences. That’s not my brilliant, original thought, although I wish it were. That idea belongs to B.F. Skinner, who some call the father of behavioral psychology. Eighty-some-odd years ago, Skinner was a professor at Harvard, trying to crack open the mysteries of human behavior. Much later, when I was…
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State Income Tax Withholding
In most states, 41 in fact, employers are required to withhold state personal income tax from each separate taxable wage payment made to an employee. The states of Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming do not impose a personal income tax on wages or other compensation for services earned…
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Becoming an Employer
As any business grows, it is likely to grow from being just one person to including any number of employees. There might be just one other person, or it could be many more. When it comes time to hire your first employees, it is vitally important to find the right person—but you also must make…
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