Thursday, May 16, 2013

Successful Business newsletter


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For small business owners, it is important to make sure that you are reporting your independent contractors correctly on your taxes. It can be confusing and hard to remember when it comes to employees versus independent contractors, since they often do the same work and get paid similarly. However, the IRS does not see it that way, and you can get into some serious trouble if you report your contractors incorrectly.
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A new analysis from HealthPocket, Inc., shows that health insurance premiums have remained steady in the lead up to the implementation of highly anticipated mandatory insurance coverage provisions of the Affordable Care Act (ACA). Between February 1 and May 1, 2013, health insurance premiums increased by an average of 1.2 percent per plan.
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Developing a unique small business marketing campaign in a traditional industry shouldn't have to be boring, nor should it break the bank. Identifying certain aspects of your company's personality to emphasize in your marketing message can be an authentic and cost-effective strategy in helping to differentiate yourself from the pack.
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Appearing on a reality TV program can propel a small business from unknown to a household name, reports the Washington Post. The recent success of several reality TV programs that focus on the owners of small companies is driving other small businesses to seek out opportunities to appear on a reality TV program.
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According to online leading platform Biz2Credit, small business lending is on the rise. The survey shows that large banks (those with over $10 billion in assets) approved 16.8 percent of small business loans in April, which is up from 15.7 percent in the month of March.
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According to Entrepreneur, New York’s City Council has passed a bill requiring companies with more than 20 employees to provide five days of annual paid sick leave to their employees. The new law goes into effect next April.
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According to Fox Small Business, a recent survey shows that 97% of those businesses surveyed use social media such as Pinterest, Twitter, and Facebook to market their businesses versus only 17 % that use location-based advertising, such as Foursquare.
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