Here are our top article picks for the month of October. We hope you find them as useful and interesting as we did.
In the workplace
How to Improve the Development of Your High Potentials | Training
Looking to raise up leaders in your business? When you have employees with potential, you don’t want to lose them. Check out this article to learn how to improve development through practical experience, coaching all employees, and more. (Read)
Important employee benefits according to employers…and employees | Care.com for Business
What benefits are employers currently offering? What benefits do employees actually want? And how much do benefits cost? Here’s a little snippet: The most common benefit employers offer—health insurance—is also the top benefit employees want, according to research. Check out this article for more must-have benefits info. (Read)
Security
Cyber-attacks on small firms: The US economy’s ‘Achilles heel’? | BBC News
Thanks to increased remote work, business demand for cybersecurity is booming. Why? First, small businesses are three times more likely to be hit by a cyberattack than large companies. Second, cyberattacks on small companies increased by 150% during the pandemic. Yikes. Find out why criminals attack small businesses and what you can do to protect your business here. (Read)
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The Business of DIY: 21 Things to Make and Sell | Shopify
During the pandemic, the mask-making business took off. But what about now? What could you base a new business around—or add to your existing business? This article goes over 21 products for business inspiration, including bath bombs, tote bags, and paper products. (Read)
Inflation Remains Top Business Problem for Small Business Owners
Thirty percent of business owners cited inflation as their single most important problem. Want to learn more about challenges other business owners are facing? Check out the NFIB’s Small Business Optimism Index to get stats on business conditions, job openings, sales, and more. (Read)
Small business articles from Patriot
Here are some of the top accounting and payroll articles published by Patriot Software.
Accounting
Knock, Knock? Who’s There? The Colorado Delivery Fee
Do you run a Colorado-based business? If so, you may need to know about the $0.27 delivery fee. This delivery fee is an additional fee that customers in Colorado must pay if they receive deliveries made by motor vehicles. And as the business, you’re responsible for charging it—and remitting it. Learn more here. (Read)
Welcome to Your Go-to G&A Expenses Guide
General and administrative (G&A) expenses are costs you incur while conducting business day-to-day, like rent and salaries. G&A expenses aren’t related to products and sales. Understand your G&A expenses to retain top talent, enhance efficiency, improve cash flow, and so much more. (Read)
Payroll
To combat inflation, the state of Arkansas passed legislation to immediately implement a tax relief package. This Arkansas inflation relief provides a drop in the top individual income tax rate to 4.9% and an inflationary relief income tax credit. Learn about your responsibilities here. (Read)
Everything You Need to Know Before Offering a Sign-on Bonus
The job candidate who got away. Ever said that phrase? Once? Multiple times? If you’re tired of missing out on top candidates, you may need to evaluate your hiring process. One way businesses entice candidates with multiple job offers, attract managers or C-suite executives, or recruit workers during labor shortages is through a sign-on bonus. (Read)