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Health Insurance Strategies for Small Business Employers

As another year comes to a close, most small business owners are assessing health insurance plans to find the best options to benefit their employees and themselves. As one of those small business owners, you know health insurance is a major investment and that the right choices can make a world of difference in terms of company finances and employee satisfaction. With medical debt as a leading cause of bankruptcy, making sure employees have the coverage they need without overpaying is more crucial than ever. Here are a few tips to help you support your staff while making informed health insurance decisions and exploring opportunities to save during tax season.

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Choosing the Right Structure for Your Growing Business

As your business grows, it's essential to ensure that your business structure continues to align with your goals. Whether you're adding new products, changing ownership, or simply evolving, the structure of your business can have significant tax and operational implications. Let's explore some of the most common business structures—Hobby, Sole Proprietorship, LLC, S-Corporation, and C-Corporation—and what they mean for your company.

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Posted by: Myrick CPA Posted on: May 02 2024

Cash Flow for Small Businesses: Beyond Passion to Financial Success

You've got the skills, the drive, and a fantastic product or service to offer the public, but running a successful small business takes more than just passion. To turn your dream into a long-term reality, you need to manage cash flow—the unsung hero of business finances.

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