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5 Ways to Protect Yourself When Buying a Business

Purchasing a going concern can be a great way to go into business. The company you are buying may already have established customers or clients, smoothly running operations, trained employees, and cash flow. But buying a business can be risky – it requires dedicated due diligence. The following are ways to protect yourself when acquiring a business. Do Your Due Diligence Do not cut corners...

What Additional Benefits Should I Offer Remote Employees?

The remote workforce is growing stronger. A large percentage of employees are now working away from the office one or more days per week. There are many advantages to providing special perks for remote workers. Here are some examples of the types of benefits you can offer employees who work from home. Flexible Work Hours and Unlimited PTO One advantage of working remotely is knowing...

Advantages of Offering Group Benefits in Your Business

If your small business is on a budget, you may wonder if it is worth the cost to offer group benefits to your employees. Bear in mind that your workers are your company’s most valuable asset. Think of group benefits as an investment in the future of your business, with big returns in the long run. Reasons to Offer Group Benefits Tax Advantages A number...

What Is the Difference Between ICHRA and QSEHRA?

The first step in understanding the difference is to spell out what these abbreviations stand for. “ICHRA” stands for “Individual Coverage Health Reimbursement Arrangement.” “QSEHRA” stands for “Qualified Small Employer Health Reimbursement Arrangement.”  What Is an Individual Coverage Health Reimbursement Arrangement? An ICHRA is a new type of health reimbursement arrangement that only became available as of 2020, under Trump administration regulations. It allows employers...

How (and Why) To Start a Fantasy Football League at Your Company

Fantasy football kicks off on September 9. This popular activity can actually be good for your employees’ mental health. It promotes camaraderie and healthy competition and develops critical thinking, decision-making, and leadership skills. It has also been found to increase productivity and co-worker engagement. If you would like to start a fantasy football league at your company, this is how to go about it.  Recruit...