Know your P(S)L: It’s time to update your paid leave policies
We tend to think of “paid leave” as a long-term hiatus for medical reasons. But, there are up to a dozen categories of paid leave that apply to business owners, perhaps even when you don’t have employees.
Find your best small business health insurance option for 2022
Looking for the best 2022 health insurance as a small business owner? Review these five options first.
Choosing a Small Business Retirement Plan?
Did you start your business to improve your financial security? You’re not alone – according to Entrepreneur Magazine, about two-thirds of US small business owners say they were motivated to start a company to have better financial stability.
Choosing a Small Business Retirement Plan? Consider These 6 Things First
Did you start your business to improve your financial security? You’re not alone – according to Entrepreneur Magazine, about two-thirds of US small business owners say they were motivated to start a company to have better financial stability. Part of financial stability is personal wealth. For that, a small business retirement plan should be near […]
What You Need to Know about Open Enrollment
What You Need to Know about Open Enrollment Every year around this time I get a lot of questions from small business owners and entrepreneurs about Open Enrollment. Let’s go over the basics. What does open enrollment mean? Here’s the open enrollment meaning from our friends at Merriam-Webster.com Dictionary: What’s available during open enrollment? Medical, […]
Tips for Evaluating Benefits Plans and Communicating Options with Employees
Tips for Evaluating Benefits Plans and Communicating Options with Employees Most of us think about medical insurance, which is the biggest and most expensive benefit for our employees. But benefits can include a wide range of free and low-cost perks that help you and your team save money on taxes. When evaluating your benefits package, […]
Set up 401K if funding
What You Need to Know About 401ks Are you making the (mistaken) assumption that you can’t have a 401k because you’re a solopreneur? Even if you’re just one person, you *can* have a 401k. It’s called a solo or self-employed 401k and is offered widely. Key Differences between a 401k and an SEP Now, there’s […]
Evaluate Your Benefits Offerings & Payroll
Small Business To-Do: Investigate Corporate Health Insurance Plans We’ve got just about three weeks before November 15 — the day we have to make final decisions about health insurance for ourselves and our employees. While you’re not required to offer healthcare coverage if you employ less than 50 people, investigating a group plan makes sense […]