Nonprofit
Socially-minded entrepreneurs often ask me whether they should become a nonprofit. Usually, this is shorthand for a 501(c)3 tax designation. 501(c)3s are exempt from federal tax and can accept tax-deductible donations from private foundations and public charities. Before you say, “Yay, free money!” understand some of the downsides.
CAN-SPAM
A 2003 US law that applies to using email for commercial solicitation. The acronym means Controlling the Assault of Non-Solicited Pornography and Marketing Act (And people say Congress isn’t fun). CAN-SPAM established seven rules for commercial emails.
Controller
A controller will transform your financial statements into useful information and elevate your reports into useful management insights. A controller should be able to build forecasts, evaluate labor costs, and assess margins and profitability.
How to get better at finance
Wondering how to get better at finance? Start by getting clear and intentional about expenses. I’ll show you how.
2024 Small Business Health Insurance Guide
You need health insurance for yourself. Could offering corporate health insurance be better for you and your team?
I blew all my money
Be a more strategic leader and more effective manager of your business finances by embracing the difference between investing and spending. I’ll show you how.
You don’t have to be a jerk to change the world
What should founders and business owners avoid? Let’s take a look at some lessons learned from Elon Musk.
Planning Now? Ask yourself these five questions
Business planning is more effective if approached from what you want and believe and where you want to go. I’ve got 5 questions to help you figure it out.
Unexpected Lessons from Lizzo
Last week, we learned that Lizzo is being sued by three former employees for wage theft and harassment. While we can’t yet know the veracity of these specific claims, this seems like a good to to refresh on some things about being CEO / owner.
August Roundup for Small Business Owners
Pink still goes with everything, Fed says no recession thanks to Swifties and the Beyhive, all-new I-9, and more.