Businesses are the cornerstone of the American economy. As a business executive, it is important to stay up to date on all the documentation necessary to keep your corporation, LLC, or other entity legal. In most states, filing an Annual Report is required whether you make changes to your business, or not. The state of…
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ARE YOU REALLY A SUB CONTRACTOR? Hardworking individuals and business owners try to find various ways to avoid the extra cost of employee/employer payroll taxes, (approximately .153 per cent of your gross wages) and other payroll expenses such as employee income tax withholding worker’s compensation and unemployment insurance premiums adding approximately another 8 to 10…
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An update on Minimum Wage Changes for 2021 The Fair Labor Standard Act (or FLSA) is a federal law, that sets minimum wage, overtime pay, recordkeeping, and young people’s work employment standards, that affect employees in the public and private sectors. FLSA has many exemptions from the minimum wage and overtime pay for construction industry,…
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The sense of belonging is one of the fundamental human emotional needs. We, as humans, have an inherent desire to feel secure, important, or accepted by a group. That group can be our family or our coworkers. Every company should strive to create an open, supportive, inclusive environment of mutual respect. This is not a…
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All the Small Things When you are a business owner, you have a lot on your plate. Sometimes it is tough to take it all in stride. You want to be ahead of the curve and staying on top of the trends, but you have to make sure the business itself is robust and liquid.…
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Keeping Your Business on Track Managing a small business can be difficult, and you can get mired down in the day to day operations. While it is necessary to save money where you can, delegating specific duties can save time and effort. Parsing out exactly where to spend your money on personnel is one of…
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Why You Should Be Scheduling Meetings with Yourself in 2020 As a small business owner, a good portion of your day is probably taken up in meetings. Meetings are important time to connect with others to brainstorm, set goals and review progress. However, you might be missing out on the most important type of meeting—a…
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Present for a Purpose Regardless of your profession, putting on a quality presentation helps position you and your business as an expert resource in the field. Don’t let a fear of public speaking cause you to shy away from networking and advertising opportunities gained through presentations. Here at Alron Management, Inc., we’re happy to assist…
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Planning for the Future The Cost of Poor Estate Planning You may think estate planning is only for the super-wealthy. The truth is, if you plan on leaving anything to your family, you need to plan ahead for it. With a proper estate plan in place, you protect your hard-earned money by making sure it…
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