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Business Growth Articles and Tools
How to Structure Multiple Businesses — Legal Entities, Tax Consequences, and Best Practices
Entrepreneurs, especially serial entrepreneurs, rarely...
Is a Fractional CFO Right for Your Business?
Most companies require strong financial management, but...
A Complete Guide to Understanding DBAs vs LLCs
When starting a business, one of the most common questions entrepreneurs face is understanding the difference between a DBA and an LLC. As one of our business advisors puts it, the difference is “an awful lot!” This comprehensive guide will help you understand these two business structures and make the best choice for your situation.
New Overtime Rule Increases the Salary Exemption Thresholds
On November 15, 2024, the U.S. Department of Labor (DOL) Fair Labor Standards Act (FLSA) overtime pay requirements requiring more employees being classified as non-exempt has been overturned.
How To Find A Business On Sale
Finding a business for sale involves research, networking, a serious commitment of time and resources for due diligence, and above all careful consideration. Whether you are thinking about buying an existing business as an alternative to creating your own startup from scratch, there are many important factors to consider.
Follow our a step-by-step guide to help you find a business to buy.
Disadvantages of Using A PEO
In a previous post, we discussed how a Professional Employer Organization (PEO) company works, its many benefits, and the tax implications you may face if you hire one.
As a recap, a PEO is a service that small or medium-sized businesses may use to outsource some of their human resource, payroll, benefits, taxes, recruiting, and other management tasks. As you might imagine, there are both pros and cons in hiring a PEO.
Here, we’ll discuss the disadvantages of using a PEO, along with the associated costs of a PEO.
Can A Non Profit Use A PEO?
In our PEO series, we’ve talked about what a PEO company is and who is the employer in a PEO relationship. Here, we’ll discuss PEO for nonprofits, and whether or not using a PEO for your nonprofit might make sense.
Who is the Employer in a PEO?
Our PEO series is aimed at addressing the common questions about PEOs, and uncovering some of the lesser-known facts about working with a PEO so that you may make the best choices for your business.
So far, we’ve learned about what a PEO company does. Here, we’ll dive into some muddy waters and decipher who is really the employer in a PEO relationship.
What is a PEO Company?
If you are wondering what a PEO is and whether or not this type of outsourcing may be a good option for your small or medium-sized business, this first article in our series of four posts will help you decide if it’s the right move for you. In this post, we cover everything you need to know about a PEO company including:
• What’s the meaning of PEO?
• PEO payroll
• PEO benefits
• PEO tax implications, and more.
When to Hire a Business Advisor
Doing deals can be expensive. A lot of entrepreneurs want to save money by not hiring an advisor or they don’t know when they should make the investment on an advisor. It’s important to understand the roles of the broker and other advisors, especially legal counsel, and to know when to bring in a professional. Here are some milestones in a deal, and how to know when to hire a business advisor.
How to Successfully Acquire A Business In A Seller’s Market
We discuss how to successfully acquire a business in a seller’s market & get to the front of the line when a great seller opportunity becomes available.
Contribution Margin Formula
Contribution margin is an important method of not only understanding how profitable a business is, but also how its products and services contribute to the bottom line. It’s important to understand that contribution margin is different from profit margin, since profit margin measures the total amount of sales revenue minus costs. Instead, contribution margin measures the profitability of each individual product or service after subtracting variable costs.
