Monday, June 29, 2020
In the next year, do you anticipate increasing staff, retaining the same size staff, or reducing staff?
Saturday, June 27, 2020
Have you increased staff, retained the same size staff, or reduced staff?
YourWotc.com, a Federal program created after WWII, grants you $2400-$9600 for each new hire and now also applies to retaining employees and there is a new employee retention tax credit for employers who are closed, partially closed, or experiencing significant revenue losses as a result of COVID-19.
Test it now and see your potential tax credits No contract required, no software to buy and it does 90% of the work for you.
Wednesday, June 24, 2020
MetLife & U.S. Chamber of Commerce Small Business Index rose to 71.7 this quarter, up 0.4 points from 71.3 last quarter.
The number of small businesses who report good local economic health declined significantly (from 59% in Q4 2019 to 52% in Q1 2020). Small business optimism also waned in three indicators: overall business health, comfort with cash flow, and staff increases. In contrast, the outlook on the national economy improved to a record high 60%, resulting in a slightly higher index score.
The survey was taken between December 19, 2019 - January 31, 2020 and reflects sentiment at the time.