Tag Archives: workforce

Accelerate your payments and delay your collections. Towards the year end, purchase any needed supplies and delay any collections. Purchasing supplies will lower your profit thereby reducing the amount of taxes paid in the current year. Delaying collections will lower your income level, thereby reducing the tax amount owed in the current year. Although the taxes will not be assessed in the current tax year, they will be delayed to the next year. “I definitely do caution business owners because, if they spend too much at year-end, in January, some companies, they’re struggling to make payroll,” says Robbie Hampton. However, this strategy really only works when the company is profitable.

5 Labor Trends Small Biz Owners Need to Know

Preventative action can protect your company from employee lawsuits

According to labor attorney Charles H. Wilson, there are five major issues in the workplace…

By Alan Hughes

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(Image: ThinkStock)

How to Think Like a Startup & Work For Yourself

Rewiring yourself to think entrepreneurially instead of a employee

If working for someone else is not part of your career goals then it’s time…

By Hajj Flemings

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Aviation Veteran Talks Re-entering the Workforce

Skills upgrade, confidence important for retirees, seniors

With company layoffs and cutbacks, workers across the nation are struggling to navigate a tough…

By Janell Hazelwood

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