Small Business Owners

  • Docking Employee Pay

    May 15

    Do you have exempt employees working for your company? Generally speaking, these are salaried workers. For this reason, docking exempt pay is more complicated than it is with a nonexempt employee.

  • [Update] 5 Tips on Hiring Your First Employee

    May 8

    As the economy continues its recovery, some small businesses are beginning to hire for the first time. Maybe you just started a business or maybe you’ve been biding your time until the economic landscape stabilized.

  • How to Start a Small Business in New Jersey

    April 18

    Did you know that small businesses represent more than 98 percent of employers in the state of New Jersey? In 2010, these businesses employed approximately 1.7 million workers.

  • Common Types of Business Insurance: Do You Need a Policy?

    March 28

    Business owners are faced with many questions, including those associated with protecting themselves and their company from danger.

  • What You Should Know About S Corporations vs. LLCs

    March 10

    In the alphabet soup world of business structures, the trend lines are clear: The 900-pound gorillas known as “S Corporations” are under assault from the hard-charging “LLCs.”

  • 7 Ways to Reduce the Risks of a Home-Based Business

    March 4

    A home-based business can offer the best of both worlds: You can earn a nice income while keeping your overhead costs low. Your hours are flexible, and you can work in your pajamas if you like. Given the advantages, it’s no wonder that the U.S. Census reports that more than half (51.6%) of all small businesses are run from home.

  • 5 Qualities Successful Businesses Have in Common

    February 16

    Did you know there are tens of millions of businesses operating in the United States? Did you also know that a high percentage of businesses fail?

  • Workers' Compensation and Keeping Your Employees Safe

    February 11

    One of the many “surprises” of becoming a small business owner is something called workers’ compensation insurance. Yes, if you have any employees, you need it. And, yes, it might be expensive.

  • 9 Ways to Save Cash For Your Business Every Month

    February 8

    There may come a time when you realize your business expenses are out of control. Even if this day has yet to arrive, there is nothing wrong with taking a big picture view of your current budget. You may be surprised at what you find.

  • 11 Ways to Lose Your Employees

    February 1

    Employee retention is a big deal, as a high turnover rate leads to greater recruiting, hiring, and training costs, as well as a lack of continuity and experience.

  • 10 Things That Make Up an Ideal Workplace

    January 28

    When you think about the perfect workplace, what comes to mind?  For some, it may be fellow employees playing volleyball in a sand court just outside the office doors like Google.  Or perhaps you think of employees sitting around on bean bags brainstorming ideas and finding solutions to problems in an open office environment.  Maybe you are even alone, sitting on the beach with your laptop, working in between quick dips in the ocean.  Most people fantasize about the perfect job, the best place to work, following their passions and harnessing collaborative energies to do something meaningful.  Or you may just dream of winning the lottery every day.

  • How to Interview Someone

    January 19

    Interviewing someone is one of those tasks that might seem easy until you get in the room and all you can think of is, “So, tell me about yourself.”

  • Do You Have to Pay Employees for Military Leave?

    January 16

    If an employee of your company is part of the military, you should be proud of this person’s bravery and patriotism. At the same time, if this person is taking a “military leave” you need to know your rights as an employer as well as any laws that govern the decisions you can make.

  • 5 Entrepreneurial Lessons from Martin Luther King, Jr.

    January 15

    It has been more than 50 years since Rev. King’s legendary “I Have a Dream” speech in Washington. It’s an important day for our country, as we all reflect on the humanitarian’s trans-formative ideas and actions that catalyzed the civil rights movement.

  • New Hire Checklist: Day One Details

    January 12

    Sometimes the biggest obstacle to hiring someone is just not being able to find the time to get it done. Writing the job description, posting it, screening resumes, interviewing candidates, interviewing candidates again and then finally bringing them on board and making sure you’re compliant with various new hire laws is a lot of work.

  • Long-Term vs. Short-Term Business Loan: Which is Best?

    January 8

    At some point, your company may require securing a business loan. This money can be used for everything from working capital to expansion to acquiring a competitor. Typically, loans have been acquired from banks, although that is starting to change.

  • 7 Ways to Help Your Business Survive Winter

    January 5

    It’s dark outside when you leave for work and it’s dark outside when you get home.  Even if you work out of a home office, in the winter you may barely see the light of day.  As most of the U.S. faced the recent Polar Vortex in November, winter came in like a lion.

  • Small Business Owners' Favorite Tech Tools in 2014

    August 12

    One of the fastest ways for small business owners to get ahead today is through technology. While you can’t control the level of demand in your industry or fluctuations in the economy, there are a number of things you can do to make your business more efficient.