Archive for February 2019
INFOGRAPH: Employee vs. Contractor
Understanding Accrual vs. Cash Accounting
At least once per year, if not any other time, you’ll get asked whether or not you operate your business using accrual or cash-basis accounting. Since this question typically arises at tax time, most think that this is just a tax question to be answered by your CPA. However, analyzing your business performance requires an…
Read MoreUnique Ability
Discovering your Unique Ability (http://uniqueability.com/) and spending time honing and developing your Unique Ability will set you up for a lifetime of personal and professional success. At the core of your being are characteristics and values entirely unique to you. Discovering your Unique Ability gives you freedom and purpose. Purpose is one of the pillars…
Read MoreEmployee vs. Contractor:Control and Relationship
Sometimes in small business, the idea of paying those who work for you as contractors sounds ideal. But, how does a business owner know to correctly classify a worker as an employee or contractor? While the line between employee and contractor can be a bit blurry, there are some guidelines in place to help you…
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