How to structure your company is one of the first decisions you need to make when starting a business. Although some business owners operate as a sole proprietorship or partnership, many want the added personal liability protection afforded by creating a corporation or limited liability company (LLC).
When it comes to insurance for a retail business, there are several coverages—like liability and property coverage— that immediately come to mind. For a retailer, these coverages make sense, but once you look deeper, there are other risks that retailers face and additional coverages that should be considered.
It’s well known that having a website for your small business is a must. When consumers are looking for information about a business and can’t find their website, they’ll quickly move on to the next business. An ineffective website isn’t much better than not having a website.
Tax season is here, and you may be wondering how to give your business, and yourself, the best possible tax situation. We partnered with Michael Radtke, CPA, CVA from Chortek CPAs & Business Advisors to go over a few key things that may affect retailers this tax season.
Change can be difficult—and it can be even more difficult to communicate. People come to work and try to do the best job they can. They are proud of their work and good at what they do. When we ask them to change or do it differently, they can feel slighted.