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The Pros and Cons of Hiring Family Members in a Small Business
While conventional wisdom discourages small business owners from hiring members of the same family, there are actually smart and strategic reasons to do so — but there are still drawbacks to consider. Here's what you should know about hiring employees who are family members.
How You Structure Your Business to the IRS Can Affect More Than Your Tax Bill. Here's What You Need to Know.
From startup to going public, the business formation structure you choose affects your company in many ways, including how you file your taxes and how much you owe the IRS.
I Work With My Spouse, and Counseling Made My Marriage and Business Better. Here's How It Could Help Yours, Too.
Working with a spouse is like any other partnership, except when it's not. Shared responsibilities at home (and in the office) can put a heavy strain on a relationship. Here's why I believe counseling could be the answer.
Make Your Team Building Fun — and Productive — With a Business Take on 'Speed Dating'
Employee engagement in the U.S. hit a seven-year low in 2022, damaging many businesses' profitability and productivity. I set out to change that for my team with a new version of "speed dating" for employees. Here's what I learned.
How to Keep Communication Open — and Employee Retention High — in a Hybrid Workforce
Whether your door is physically or virtually open, a successful open-door policy can improve communication and make your people want to stick around for the long haul.
Is a Recession Actually a Good Time to Expand Your Business?
Are you considering putting your expansion plans on hold because the nation may be headed for a recession? Don't, and here's why.
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