Category: Business Practices
Special Guest Author Lori T. Williams: Tips for Finding the Right Attorney
Most of us know when we need to consult with an attorney, but knowing who to contact can be a challenge. How do you find out what their area of specialty is? Or what kind of fees they charge? What...
Seven Things Highly Productive People Do
Like most people, you probably do not want to admit it, but you probably love distractions. In fact, you get a shot of dopamine every time something pulls you in another direction. Why do you think you check your email so...
FASB constructs new rules for contractors
In June 2010, the Financial Accounting Standards Board (FASB) issued a draft titled “Revenue from Contracts with Customers” which, if finalized, will significantly impact the way contractors report their income or loss on projects. This article from Construction Business Owner...
Special Guest Author Barry Demp: Stress Management Techniques For The Workplace
Owners and managers can encounter very stressful events in the workplace. In order to help reduce these “workplace stressors”, try one or more of the following stress management techniques: Conduct “standing meetings.” When someone enters your office, consider conducting your...
Update: Michigan Unclaimed Property Enforcement Warrants a Second Look
The State of Michigan is reinforcing their unclaimed property filing requirements. You can review the Michigan Unclaimed Property manual here. They recently sent out unclaimed property notices to all businesses that did not submit an unclaimed property report by July...
Holiday pay questions? Here are some answers…
'Tis the season for employees to enjoy some deserved time off with friends and family. However, as an employer, you may have some questions regarding your employees compensated time off, such as: Do we have to provide paid holidays? Can...
SR Glossary: Below Market Loans
In the course of running a smaller company there comes times where the owner(s) may need to loan the company money. What is usually lost in this whole transaction are the details: How is it going to be repaid? When...
How will patient-centered care affect your medical practice?
For health care providers, the patient-centered care initiative starting in 2013 can largely impact the reimbursements your practice will receive from Medicare. There are steps that you as a health care provider should take to properly prepare your practice for...
Five qualities to look for when hiring a bookkeeper
Hiring a bookkeeper can be a tedious undertaking. However, knowing the right characteristics to look for can make the process less daunting. The following is a list of five important qualities to look for in a bookkeeper: 1. Tech Savvy...
The Top Eight Rules of Networking
Recently, the article “The Top Eight Rules of Networking” was shown on the home page of my LinkedIn account. This got me thinking that at some point, everyone needs to network. Some people network for a living, while others need...