Your Staffing Now—The Options

Inflation and labor shortages have pushed up the cost of staffing and there’s the prospect of a recession looming. The Kenny Rodgers song sums up your choices about your staff at this time—“know when to hold ‘em, know when to fold ‘em, know when to walk away, know when to run.” This sentiment is reflected in Alignable’s April 2023 Small Business Hiring Report Report which found that small business owners are cutting back on their goals for full-time, permanent hires.  Read More

Insurance coverage is a must for businesses that hope to survive the impact of storms, fires, and other dramatic, unexpected events. There are certain types of occurrences for which you may think you’re covered, but on closer examination find you’re lacking. Or, even if covered, the extent may not be sufficient. Read More

May 11, 2023, marks the end of the public health emergency for COVID-19. Many businesses for months have been acting as if the pandemic was long since gone. But the official end to the public health emergency on May 11th, an emergency that lasted more than 3 years, can have some impact on your business and require that you take certain actions. FAQs prepared jointly by the Departments of Labor (DOL), Health and Human Services (HHS), and the Treasury give guidance to employers on what to do now with respect to certain activities. Read More

In the last couple of years, the biggest concern for inventory-based businesses has been supply chain disruptions. Now, the focus is on managing inventory in inflationary times with the threat of a recession looming. ...While a recession is not a certainty but surely a strong possibility, what should you be doing now to ensure your inventory meets the Goldilocks standard—not too much, not too little, but just right—in order to weather a possible downturn? Read More

According to Allied Van Lines, Spring is typically the best season to move to another residence. It’s probably a good time, too, to relocate your business if that’s what you want or need to do. And many businesses are relocating. Due to remote work arrangements, they may no longer need their current space. Or perhaps they’re seeking a better business environment than the one in which they’ve been operating. Here are some factors to consider when relocating, whether it’s across town or across the country. Read More

Now is a great time to begin planning vacation schedules for you and your staff. This is the first year since the start of pandemic that people are traveling for pleasure and your employees likely will want to use their accrued vacation days—many during the summer months. Read More

The Cambridge Dictionary says Spring Cleaning means cleaning all of a place, very well, including parts you do not often clean. For a home, this means the windows, floorboards, and other areas neglected by regular cleaning. For a business, it means more than just office windows and floorboards. It’s an opportunity to clean house, so to speak, but also clearing out people and things that are slowing down your business. Read More

Remember, the tax laws are constantly changing! Stay up-to-date with the Online Supplements for the tax books on our website's blog!

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