Small business owners are nothing if not intrepid. They demonstrate their flexibility no matter what situation arises. Their resiliency has never been more apparent than in recent months as they encountered setbacks related to COVID-19.
Recent announcements regarding the availability of vaccines for the COVID-19 virus have been both exciting and concerning for some employers and employees.
Owning a small business during the COVID-19 pandemic and civil unrest is extremely challenging for any small business owner and its employees. Unlike technology companies, most small businesses do not have the technical infrastructure to support virtual business operations during a complete shutdown.
Even if all you had to worry about were the quality of your company’s products or services and continued growth of its customer base, running a business would be challenging enough. However, companies are also subject to economic and environmental forces beyond their control. A change in the economic cycle could disrupt cash flow, tighten access to credit, rattle customers and suppliers and even threaten the survival of your organization.
Payables are all the ways your business spends cash, from buying inventory and office equipment to paying employees and taxes. How do you keep your costs down in light of all the different ways cash can leave your business?
Starting and running a business requires making many important decisions. The very first decision faced by many business owners is what kind of entity should be formed to operate their business. In Florida, there are a number of available options. While the decision can be daunting, the variety in flavor of business entities provides the opportunity to choose a type of entity suited to your particular needs. In determining which entity is right for you, there are many tax and non-tax factors to take into consideration.
No matter whether you’ve just launched a new website or have had one for many years, your website should showcase your business professionally and build your reputation 24/7.
If you’re a business owner, you need insurance. But how much and what type can vary greatly depending on your type of business, resources, assets and specific needs. So, what should you consider before purchasing a business policy? Here are some risks and coverages you will want to consider to find the right plan for you.
As a business owner, it is critical to maintain a relationship with a bank that can help you navigate the treacherous waters of entrepreneurship. How do you select the bank that you want to build a relationship with? As banks continue to merge and grow, community banks become fewer and fewer. It is important to [...]
BY DAVID MIKLAS A South Florida company had a sales team consisting of 22 men and five women. The owner of the company was inspired by the #MeToo movement and wanted to make sure he was doing his part to “level the playing field.” He decided to run an ad specifically intended to hire more [...]