Here are the best small business articles we read in August. We hope you find this advice for business owners as interesting and useful as we did.

Advice for business owners

I cofounded two startups with my best friend. Here are 5 ways we made it work | Fast Company

Want to go into business with a friend? You might be scared off by the cryptic warning to avoid going into business with friends… But, you don’t have to be. Business partnerships between friends can work, as the author of this article proves. Use the five tips in this article to help you effectively go into business with a friend. (Read)

Business Equipment: Leasing vs. Buying Equipment | Nav 

Leasing vs. buying is the age-old debate for cars and houses. But what about equipment? What’s a better financial move for your business? If you’re having trouble making up your mind, consider the advantages and disadvantages of both. Get started with this article. (Read)

In the workplace 

How to run an effective virtual meeting: Stop blaming Zoom! | SmartBrief

Did you start conducting virtual meetings due to COVID-19? If so, you and your employees might be part of the growing population disgruntled with the process. But instead of blaming the video conferencing tool, blame the way you conduct the meeting—and fix it. Learn how to solve issues like lagging participation, late starts, and more by reading this article. (Read)

5 Ways to Boost Employee Morale After Layoffs | Quantum Workplace

COVID-19 has forced employers to make some tough decisions, like laying off employees. Although your business may need downsizing to survive, layoffs can have a negative impact on your remaining workforce. The key to boosting morale after layoffs is constant communication with your employees. (Read)

Marketing your business

8 game-changing approaches for solving a marketing plateau | AdAge

Stuck in a marketing rut? This expert panel of eight thought leaders could shed some light on how to get you out. From testing new creatives to automating your processes, there are plenty of marketing strategies you can pursue to spice things up. Check out this article for the full scoop. (Read)

Small business security

Keep Your Eyes Peeled For Cybersecurity Threats During Covid-19 | Forbes

Have you noticed an uptick in spam messages since the coronavirus started? Unfortunately, you’re not alone. Scammers are leaping at the opportunity to get hold of your confidential information … and money. Patriot’s Mike Kappel offers four cybersecurity threats to watch out for, including phishy emails, bogus websites, fake advertisements, and phony phone calls and texts. (Read)

Small business articles from Patriot

Here are some of the top accounting and payroll articles published by Patriot Software.

Accounting 

How to Craft the Financial Section of Business Plan (Hint: It’s All About the Numbers)

Need investments? Want to grow your business? Whether you like working with numbers or not, the financial section of your business plan is a must. This article walks you through the different sections of this part of the business plan so you can stop tapping your pen on your desk and start writing. (Read)

Do You Know the Difference Between a Business Name vs. Trade Name? 

Your business’s legal name is the owner’s name. So, how do businesses get those fun, catchy names that drive customer traffic? Cue a trade name. A trade, or DBA, name is the customer-facing name that appears on advertisements and signs. See how to use your business’s trade name, choose it, and change it. (Read)

Payroll

What the Executive Orders Mean for Your Business: Payroll Tax Deferral & More

On August 8, the president issued a number of executive orders providing COVID-19 relief. These orders allow for a payroll tax deferral, unemployment aid expansion, student loan payment deferral, and protection from evictions. Get the scoop on how these measures can help you and employees. (Read)

Payroll Tax vs. Income Tax 

It’s OK if you call all employment taxes ‘payroll taxes’— most people do. But, there are some situations where understanding the difference between payroll and income taxes is critical. Check out this article to learn the exact difference between the two tax groups. (Read)