Understanding Your Business Liabilities and Assets
Assets, liabilities, and equity are accounting terms that every small business owner should be familiar with. They are included on a business’s balance sheet, providing a snapshot of financial health. A balance sheet shows a company’s assets and liabilities at a given time and how money is flowing in and out of the business. This […]
How to Offer Group Health Insurance in Your Business
Small businesses with fewer than 50 employees are not legally required to offer health insurance to employees, but health coverage is one of the most desirable job benefits. Approximately two-thirds of business owners provide health insurance as a way to hire and retain the best workers. Whether employer-sponsored health insurance is required by law or […]
Protecting Your Business Reputation: What Is Trade Libel?
The popular adage says, “sticks and stones may break my bones, but words can never hurt me.” For small businesses, this saying could not be further from the truth. The negative words and opinions of the public can have severe implications for a company’s reputation, financial profitability, and long-term success. This is especially true with […]
Using ChatGPT: Benefits and Risks for Businesses
No technology in recent memory has generated more hype, both positive and negative, than ChatGPT. ChatGPT is probably the most well-known of many generative artificial intelligence (AI) applications and tools that are currently available. There are many tasks that it can help to automate, optimize, and make more efficient. But it also has limitations and […]
How to Lawfully Run a Contest, Sweepstakes, or Giveaway
Running a contest or sweepstakes can improve customer engagement, create new leads for your business, increase sales, and provide valuable data for advertising campaigns. People love to win free stuff, and a contest can be a fun and cost-effective way to promote your business. However, if a promotional event does not comply with state and […]
Legal Considerations for Social Media Influencers
As a business owner, you may be considering leveraging social media to enhance your business’s engagement and reach. One way to do this is to employ the use of social media influencers. Social media influencers are individuals who have amassed large followings of people on various social media sites who trust their opinions on a […]
Ed Enoch of Enoch Tarver PC, Differences Between a Will and a Trust
Ed Enoch of Enoch Tarver PC talks about some of the key differences between a Will and a Trust, and which option is best for you. https://augustaceo.com/video/2023/09/ed-enoch-enoch-tarver-pc-differences-between-will-and-trust/
Should I Buy a Franchise?
When starting a business, entrepreneurs typically have two options: they can either build a new business or purchase an existing business. Buying an existing business can offer the advantages of name recognition and a proven business model. The advantages can be even greater if the business is a franchise with hundreds or even thousands of […]
Should I Buy a Franchise?
When starting a business, entrepreneurs typically have two options: they can either build a new business or purchase an existing business. Buying an existing business can offer the advantages of name recognition and a proven business model. The advantages can be even greater if the business is a franchise with hundreds or even thousands of […]
What You Need to Know About Paying Employees
Employees are essential to your small business. Hiring and retaining workers is one of the biggest challenges that business owners face. In this highly competitive labor market, employers are looking for competitive edges to attract—and keep—employees. While many workers currently place a greater emphasis on job attractors other than compensation, pay remains highly important to […]