Volume 3, Issue 9
Perking Up Your Employees
Increasingly, employers are looking for ways to promote employee productivity and instill motivation for working toward company growth. As an employer, you may spend a lot of time focusing on salary, benefit plans, a positive work environment, and vacation schedules to perk up your employees.
(Read the Full Story)Evaluating Your Accounting Practices
Managing your books well and maintaining accurate, organized records can help you keep your business in tip-top financial shape. Less-than-stellar accounting practices can also cause an otherwise sound business to falter. It can hinder cash flow, ruin relationships with vendors and customers, open the door to fraud, and create tax problems. Here are some key areas to assess to determine the efficacy of your company’s accounting systems and controls:
(Read the Full Story)ESOPs: Give Employees a Stake in the Company
Profit-sharing plans have long been popular with employees because of the opportunity they provide to share the profitability of a growing firm. Many business owners look beyond shared profitability to shared ownership through employee stock ownership plans (ESOPs).
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