As a small business owner, navigating the complexities of taxes can be daunting. However, understanding the tax laws and implementing strategies to minimize tax liability can significantly benefit your bottom line. Here are five tax-saving tips to help you maximize your savings and keep more of your hard-earned money. Keep Accurate Records: Maintaining accurate businessRead more
Blog
In today’s fast-paced world, time management has become an essential skill for everyone. Whether you are a student, a working professional or a stay-at-home parent, managing your time efficiently can help you stay organized, reduce stress and achieve your goals. This blog post will discuss five practical tips for better time management to implement inRead more
It’s no exaggeration to say that tax preparation is often one of the most dreaded civic duties. For some people, sitting at a computer entering figures can seem daunting. Others might not even know where to start, so they hire a professional to help. What some individuals may not realize is that filing income taxRead more
African-American heritage and culture are a fundamental part of American society. For instance, African-American innovators and entrepreneurs have made a profound impact on the business landscape in the U.S. Technological innovations, including automatic elevator doors, caller ID, traffic lights and more sprung from inventive black luminaries. However, the contributions of African-Americans to society are oftenRead more
The cost of workforce disengagement can be very high for any small business. For example, a Gallup report showed that a disengaged team has 37% higher absenteeism rates and is 18% less productive. Unfortunately, it isn’t easy to recognize and distinguish between worker disengagement, lack of motivation, and dissatisfaction. This is why it’s essential toRead more
Minority-owned businesses contribute more than $1 trillion into the U.S. economy each year. However, various setbacks make it difficult for minority owners to succeed in business. COVID-19 shutdowns and restrictions have made market entry much harder for disadvantaged entrepreneurs to establish a new company. Fortunately, many government agencies and private organizations are willing to provideRead more
The COVID-19 pandemic has had devastating impacts on many businesses. Despite the hardships, the entrepreneurship spirit is very much alive. New businesses are emerging, while others are recovering, as most economic sectors gradually open up. Background of National Entrepreneurship Month Each year since 2011, the month of November has been celebrated as National Entrepreneurship Month.Read more
According to a Splunk report, 88% of organizations are spending more on cybersecurity in 2021. Most of them are implementing advanced techniques, including artificial intelligence, to strengthen their information security. As you prepare for Cybersecurity Awareness Month, here’s a look at reasons to ensure data security both offline and online. Why Is Cybersecurity Critical? WithoutRead more
Diversity and inclusion in the workplace have gone from being buzzwords to business imperatives. Organizations are acknowledging that to stay competitive, they need to adopt strategies that foster a culture of respect and understanding for differences. Among the crucial steps in this process is implementing a diversity training program in the workplace. But how doRead more
When workplace productivity falls, business revenue and growth decline also. Several factors can hamper your employees’ efficiency, such as an ineffective organizational structure or a lack of adequate employee training programs. Typically, managerial inadequacies lead to employees lacking the motivation, skills, tools, and self-drive necessary to achieve good results at work. The Importance of Ongoing TrainingRead more
