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You hired a freelancer for some temporary work at your business, but now you’re worried about what the Tax Man requires. After all, you were already so busy you had to get somebody else to come in to write that blog post/add on to your home office /upgrade your computer/etc. How in the world are you going to find the time to do extra taxes?
Luckily for you, they’re actually not that complicated. While they seem like they should be tougher, freelance taxes are simple for the small business owner to deal with. But first, there’s something we should clear up.
Taxes schmaxes – I am so over the fiscal cliff. These on-again off-again talks were insane and it’s crazy to me that the negotiations came down to the 11th hour. Post signing the legislation of the fiscal cliff deal, here are the top 4 things you need to know about taxes and the fiscal cliff.
1. All tax rates stay the same. Congress added a bracket. The only tax bracket that changes is the top rate, which was 35% and is now 39.6% for individuals making over $400,000 and $450,000 for married filing jointly.
When a small business owner looks at hiring a new manager, the hiring cost can seem discouraging when the prospective employee has an MBA. There is a strong assumption that MBA students are trained too generally and that they lack decision making skills from a lack of real world experience. Can they be trusted when left unattended with helping to run your business? These are undeserved and unfounded assumptions as MBAs bring real value to small businesses.
The EMBA Advantage
Finding the perfect employee for your small business can leave you caught between the proverbial rock and a hard place. You want to hire a candidate who is enthusiastic and a good fit for the position and prepared to work hard. But your budget may not allow you to pay them more beyond hourly wage or provide the full set of full time hours that they want.
Meanwhile, your current staff can’t cope with the extra work, and having an extra pair of hands would be more than welcome. So what is the solution? Continue reading
If you haven’t given your company’s safety policies some careful thought lately, you are making a big mistake. Failure to adhere to prevailing workplace safety guidelines subjects you to legal liability that can cause you to incur fines and leaves your employees at risk for accidents and injuries.
Creating and maintaining a workplace safety plan not only helps to protect a business from lawsuits, it fosters an environment where employees feel valued, knowing that their best interest is being looked after. In assessing your workplace safety plan, think carefully about steps to help prevent accidents as well as procedures to deal with an incident after it occurs. Continue reading
What is the coolest thing your manager or CEO has ever given you? A free lunch? The chance to work at home? Free samples of whatever your company produces?
Whatever it is, it probably pales in comparison to some of the things big name CEO’s are handing out to their employees these days. Of course we could have found a lot more than three examples of CEO’s being generous – there are plenty of stories out there about bosses divvying up their holiday bonuses, or taking a pay cut to help out with things get tough. But these were the three that had our social media department buzzing, and we thought’d it would be pretty cool to look at the perks being given out in the corporate world. Continue reading
Training new employees should never be the rudimentary process consisting of a used manual, a few words of encouragement and a “here ya go” send off. Whether your business has 10 employees or is a 1,000+ strong, the training methods should be oriented in a way that excites and enlightens, while being streamlined all the same.
Skills should be seasoned; regardless of how well-qualified a candidate is from the onset. And there are many ways to make the introductory training programs adaptable and accessible for each and every employee.
Here are a few tips towards achieving not just a well-trained employee, but gaining better perspective on your company’s productivity for the long run. Continue reading
Poor Michael Phelps – after a dismal fourth place showing at the Men’s 400 M race in the London 2012 Olympics, everyone is talking about the new golden boy, American Ryan Lochte, and wondering how Phelps will make up ground from his abysmal fourth place finish. Phelps’ performance in the water has been the focus of most Olympic coverage since Saturday. He may have shrugged off his loss by just calling it ‘a crappy race,’ but it was probably a little bit more than that considering Phelps only started training again six months ago, and commentators have been talking about his poor performance during the qualifiers. So, since everyone else is talking about it, we figured that we could shoehorn the topic into our own blog by helping our readers figure out if they have a ‘Michael Phelps’ situation in their own office. Continue reading
Your company may be one where routine cold calls contribute to your business and keep new customers coming in. But when it comes to cold calls, your staff probably hears more “no” responses than “yes” when you’d like it to be the reverse. Whether you have an outbound call center or a single employee who focuses on cold calls, these tips can help improve your results. Continue reading
The boss is away, so should the employees play? Of course not – managers deserve time off without having to worry about the office falling to ruins without them. Most people would agree, but there is still the issue about the best way to handle the boss being out of the office. Are there extra responsibilities that need to be taken up? Should anything in the office change, or should day-to-day life continue unhindered? Since our own boss is currently partying it up with Mickey Mouse on the Disney Cruise Line, the Social Media department figured that others could benefit from our sage advice on how we deal with the managerial absence in the office. Continue reading