Here are the best small business articles we read in June. We hope you find this advice for business owners as interesting and useful as we did.
Advice for business owners
How to Apologize Without Saying “I’m Sorry” | Chief Executive
How often do you say “I’m sorry?” How often do you hear your employees say it? Saying those two words just to say them can weaken their effect and cause unrest in the workplace. This article goes over how leaders (and employees) can apologize professionally by owning their mistakes, using “sorry” appropriately, and determining when to apologize. (Read)
Plan Now for the Other Side of the Pandemic | Franchising.com
The coronavirus continues to wreak havoc on businesses and individuals across the world. However, business can and will return to a sense of normalcy. This article helps you plan for that return. From communicating with staff and customers to strategic planning, find out how you can plan for a post-pandemic world. (Read)
In the workplace
If you’re hiring, your interview process might look a little different than before the coronavirus. You may need to turn to virtual interviews. But unless you’ve conducted virtual interviews in the past, you might be anxious about implementing them in your business. Instead of worrying about the process, read up on best practices to start getting a bit more comfortable. (Read)
Sleep and productivity go hand in hand. If your employees seem sluggish or unproductive, poor sleep could be the culprit. Check out this article to learn why sleep is so important to productivity and how to encourage employees to get better sleep. (Read)
If you’re thinking about closing your business’s doors and have taken out a Paycheck Protection Program loan or Economic Injury Disaster loan, you might be concerned about what will happen. This article goes over possible outcomes for small business owners. (Read)
Small business articles from Patriot
Here are some of the top accounting and payroll articles published by Patriot Software.
Do you know how to reconcile your business balance sheet? If you want to ensure your balance sheet information is accurate, you need to be able to reconcile. This article goes over what it is, why it’s important, and how to do it. (Read)
If you’re guilty of price gouging customers, your state could penalize you. Price gouging is when a seller significantly and excessively raises the prices of their offerings. The majority of states have laws against price gouging, particularly during a state of emergency. If you want to know what your state defines as price gouging, check out this article. (Read)
Do you have to provide health insurance to employees? What about COBRA insurance? How much of your Paycheck Protection Program loan is forgivable? What wages is the Employee Retention Credit based on? The answer to all of these questions boils down to how many full-time equivalent (FTE) employees you have. Learn how to calculate your FTEs in each situation here. (Read)
Knowing your federal payroll laws isn’t enough. You also need to know what kind of payroll laws your state sets. States have varying requirements when it comes to things like minimum wage, paid family leave, pay frequency, and paid sick time. Check out this article to learn more about eight common payroll laws by state. (Read)