Managing every aspect of a small business is time-consuming and requires tons of research. You may have to go through the trial-and-error process, but you will eventually find a way that works for your business. One major part of running a business is keeping track of finances. Small mistakes can cost the business time and… Read More
Running your own business comes with many working parts. Coming up with ideas is just one small part of a business. After your initial idea, you need to do extensive research and create a plan of action. Here are some of our best tips for taking your initial idea and making it into a reality. Ideation Process… Read More
Family-owned businesses start small, then grow into successful entities. Each family member has their vision of the business’s success. These owners work hard daily. If your family-owned business has been around for years or you are just starting, these 6 tips for family-owned businesses will keep your business running efficiently and prosperously. Networking An important tip… Read More
The COVID-19 pandemic may impact your small business credit score once the PPP program ends. A good credit score qualifies you for a better interest rate. The less money spent on interest, the faster debt is paid off. You will have more money to pay for your business’s expenses. Maintain your business’s credit score with… Read More
COVID-19 has spread across the world and closed down businesses everywhere. There have been changes to the world in ways that we never could have imagined. It will have a major impact on the way businesses and individuals handle money. Consumer Spending Spending is low in most industries because of lockdowns and limited locations being… Read More
Show customers that you are resilient during uncertain times. Keep your business thriving instead of shying away from running your business altogether. Although it may seem challenging, there is always an opportunity waiting to happen. Follow these steps to get your business on the right track during this unprecedented time. Host Virtual Workshops While most… Read More
April 2020 – The IRS has issued frequently asked questions (FAQs) on the payroll tax deferral opportunity provided by the Coronavirus, Aid, Relief, and Economic Security (CARES) Act (Public Law 116-136). Under that provision, employers of all sizes (including tax exempt/non-profit employers) can defer the deposit and payment of the employer’s share of Social Security taxes.… Read More
Consumers are using their spending power to effect change. They are purchasing products and services that are created sustainably. Your company can save money by adopting these sustainable practices into daily operations. Electronic recycling Instead of throwing away your old electronics when upgrading your business, you can: Find a company with a buyback program and… Read More
“Every business owner needs to be taking advantage of at least one of these programs” COVID-19 has had an extreme impact on small businesses. We understand this is a tough time for many people. At PL Consulting, we are running at full capacity while taking safety precautions to keep our staff, clients, and community safe. We… Read More
COVID-19 is impacting businesses and organizations large and small around the world. Businesses are dealing with quarantines and shut-downs, making it necessary for them to take action to protect their employees and customers while minimizing economic damage. Some of the direct business impacts we’re seeing include customers, supply chain, leadership, and the workplace. Customers Since most non-essential stores… Read More