As small businesses in California continue to seek a healthy balance between operating costs and profitability we must constantly seek all methods and alternatives for controlling operational expenses. One area of concern for small business employers in California is workers’ compensation. All … [Read more...]
Is It Time to Hire a Professional to Prepare Your Books and Tax Return?
When you first start a business, you can often save time and money by filing your own year-end tax return. But as the business grows, there comes a time when it makes more sense to use a professional tax preparation or accounting services firm. If you’re wondering about the best way to file your … [Read more...]
1099 Reporting Requirements for Year-End
Timely 1099 tax reporting is an important part of completing year-end taxes. Otherwise, your business can be subject to IRS penalties ranging from a few hundred to thousands of dollars. To avoid these penalties, it helps to understand the requirements for 1099 tax reporting. IRS 1099 instructions … [Read more...]
Are you ready for year end closing?
Year-end closing procedures are an annual requirement for every business. Taking the time to do them properly will ensure that you don’t overpay or underpay your taxes, and can help to avoid potential fines from the IRS due to incorrect tax returns. To make your fiscal year-end accounting procedures … [Read more...]
What Makes a Great Business Idea
You’ve got an idea for a business, and it seems like a good one. In fact, the more you think about it, the more it seems like a great idea. But how do you know? What determines whether an idea has real business potential? And what separates the good ideas from the truly great ones? Asking the … [Read more...]
Risk Management for Small Business
One of the many questions that business owners ask is what they can do to mitigate risks and decrease potential liabilities within their companies. Most organizations want to ensure that their relationships with their employees, as well as their clients are based on a foundation of sound business … [Read more...]
Leading Successful Teams: Five Actions for Managers
As most of us are aware, managing a team is not about simply telling people what to do. Effective team management is much more about providing guidance, support and accountability. Team productivity management calls for each team member to clearly understand their role and how it fits into the … [Read more...]
The Good and the Bad of Crowdfunding
In the early days of the Internet, who would have dreamed of funding a new business by inviting people to donate money online? Yet, over the last decade, crowdfunding has become a popular and successful method for raising the money to start a business or fund a project. In 2013 alone, crowdfunding … [Read more...]
“Real Talk” Small Business/Employer Seminar Answers Employment Law Questions
As small business owners continue to ride the wave of a growing national economy California business owners express concern as they struggle to balance increasing legislative Employment law mandates with running a successful and profitable business. Our objective at BOSS is to assist our clients in … [Read more...]
The Biggest Lessons from Entrepreneurs and Startup Founders
Looking to gain an edge in your business or startup? There are thousands upon thousands of other people just like you, hustling to make a difference in the local community with products or services. Entrepreneurs, startups, and businesses come and go every single day, but those that are committed to … [Read more...]
