Expert Insights has a podcast series on helping small businesses understand how to comply with the Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) reporting requirements. The State of New York has its own rules for reporting beneficial ownership information. So how much similarity is there between the CTA and the New York regulations and what additional rules do you need to comply with in the Empire State? CT Corporation Director of Compliance and Government Relat...
Aug 27, 2024•12 min
Expert Insights has a podcast series on helping small businesses understand how to comply with the Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) reporting requirements. The end of the year is a very busy time for business leaders. The last thing you need is a lot of additional stress trying to figure out how to comply with the CTA and collecting the relevant documentation just days before the deadline. But what information do you need in order to file an accurat...
Aug 20, 2024•11 min
Expert Insights has a podcast series on helping small businesses understand how to comply with the Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) reporting requirements. The vast majority of LLC's will be required to submit a BOI report. But which ones might be exempt? What information do LLC's need to submit in order to comply with the CTA? And how soon do they need to submit it? Entrepreneur, CPA, and small business expert Gene Marks joins us to answer these qu...
Aug 13, 2024•19 min
Expert Insights has a podcast series on helping business leaders understand how to comply with the Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) reporting requirements. The Corporate Transparency Act affects tens of millions of business owners who are required to comply with it. But which businesses need to file BOI reports and which ones are exempt? What information must be submitted to comply with the CTA? And what type of ongoing compliance is required? BizFi...
Jul 17, 2024•11 min
Organizational charts have been part of the business world for a long time, but are they the best way to build teams and achieve the greatest productivity? Entrepreneur, author, and speaker Mike Michalowicz says it may be time to burn those charts and embrace role alignment - an approach which matches employee skills to specific tasks as opposed to a specific title. Michalowicz tells us how this approach works in businesses both large and very small, how it adapts with new hires, and the improve...
Nov 28, 2023•23 min
No matter what type of business you own, you will face many of the same challenges. How do I attract and retain customers? How do I find and keep excellent employees? How do I turn a profit? We'll discuss these and several other critical questions with small business expert, blogger, and author Barry Moltz. For additional information and resources: https://www.wolterskluwer.com/en/solutions/bizfilings Access our full library of podcasts for small businesses https://www.bizfilings.com/toolkit/gui...
Aug 08, 2023•21 min
Inflation easily remains the top challenge facing small businesses, according to a new survey of small business owners by the U.S. Chamber of Commerce and MetLife. The Small Business Index shows more than half of business owners are concerned about inflation. Other concerns include revenue, ongoing supply chain problems, and rising interest rates. U.S. Chamber of Commerce Vice President for Small Business Policy Tom Sullivan joins us to discuss the problems these issues are causing and the most ...
Jul 06, 2023•19 min
Uncertainty was the only thing certain for business owners over the past few years. So what can you expect for 2023? Entrepreneur, author, and speaker Ramon Ray says the best way to grow in these economic times is to develop closer relationships with your existing customers and learn more ways you can serve them well. Ray also offers tips on attracting new customers, protecting your business from inflation, how to keep your prized employees happy and engaged, and whether 2023 is the right year t...
Dec 01, 2022•16 min
Remote employees give business owners access to far more talent, but it's vital to make sure that you hire and manage those remote workers and teams properly. DIYMarketers.com Publisher Ivana Taylor walks us through the homework that business owners need to do to understand the positions they're trying to fill, how to communicate your expectations clearly to avoid frustration down the road, and what to do when serious problems arise. For additional resources: https://www.wolterskluwer.com/en/sol...
Aug 18, 2022•20 min
More businesses than ever are hiring remote employees. But before going down that road, make sure you understand and consider the liability issues that may arise. Big Ideas for Small Business Inc. President Barbara Weltman walks us through three major areas to keep in mind: personal injury, data security, and keeping track of when an employee is working. Weltman also discusses the tax complications that may arise, particularly when employees work in different states. For additional information a...
Aug 04, 2022•18 min
DIYMarketers.com Publisher Ivana Taylor shares her "winflation" mindset that she encourages all business owners to have during this time of inflation. Instead of focusing solely on cutting costs and raising prices, Taylor urges us to listen for other ways our customers wish we could help them and come up with enticing incentives for them to do more business with us. Taylor also highlights the value of finding ways to collaborate with other businesses and following up with existing and prospectiv...
Jul 07, 2022•14 min
After enduring a pandemic and the accompanying economic hardship for two years, many business owners are now scrambling to deal with rapidly rising inflation and the ongoing supply chain problems. So how can you adapt to these conditions that are beyond your control? Melinda Emerson. also known as the Small Biz Lady, offers strategies to cut costs, raise prices, and try to keep your customers patient and loyal. Access our full library of podcasts for small businesses https://www.bizfilings.com/t...
Jun 09, 2022•18 min
The pandemic appears to be easing, but business owners may soon need to make some big decisions. BizFilings Service Manager Mike Enright offers his insights on how to navigate where and how employees will work, how to attract and keep the right employees in a challenging labor environment, how to meet evolving customer expectations and much more. For additional resources on this topic, please visit: https://www.wolterskluwer.com/en/expert-insights/getting-your-small-business-back-to-normal-in-20...
Mar 31, 2022•18 min
The government will soon be imposing a new beneficial ownership reporting rule as part of the Corporate Transparency Act, which was passed by Congress last year. CT Corporation Publications Attorney Sandra Feldman explains which entities will need to comply with the new rule, what potential exemptions exist, and what information the government is going to want in these reports. Access our full library of podcasts for small businesses https://www.bizfilings.com/toolkit/guides/podcasts...
Jan 06, 2022•12 min
Small business expert Gene Marks offers business owners timely advice on how to handle inflation, supply challenges, and labor shortages in the new year. Marks also offers encouraging news on the affordability of AI tools that improve efficiency and will improve the bottom line. And he gives business owners a tip on how to get funds from the Small Business Administration at a good interest rate...but you need to act within the next couple of weeks.
Dec 16, 2021•17 min
A record number of new businesses started in 2020 but many aspiring entrepreneurs are still reluctant to chase their dreams because of their fear of failure. CT Corporation Manager of Customer Service Tim Jensen joins us to explain how that fear is actually a good thing that can be leveraged to make your new business even better. He also offers advice on how to translate prior business failures into future success. For additional resources on this subject, please visit: https://www.wolterskluwer...
Dec 06, 2021•11 min
Choosing the right entity is one of the most important decisions a business owner can make, and an entity that will protect you from having to pay corporate taxes on top of personal income taxes can be very attractive. It's known as an S Corporation. CT Corporation Manager of Customer Service Tim Jensen explains what it takes to be eligible to file as an S Corporation, how this entity differs from other entity types, and what the ongoing compliance requirements look like. For additional informat...
Nov 11, 2021•12 min
Could a holding company be the key to making sure your business survives tough stretches and unexpected interruptions like a pandemic? CT Corporation Publications Attorney Sandra Feldman explains what holding companies and operating companies are and walks us through the major benefits and possible drawbacks of choosing this kind of business structure. For more information and resources, please visit: https://www.wolterskluwer.com/en/expert-insights/using-holding-and-operating-companies-to-prote...
Oct 28, 2021•9 min
One of the first critical decisions for any aspiring business owner is determining the right business formation or incorporation for you. But why is it important? What are the different options for incorporation and what should be the most important factors in choosing one? We discuss all of this and the incorporation process with CT Corporation Customer Service Manager Tim Jensen. Access our full library of podcasts for small businesses https://www.bizfilings.com/toolkit/guides/podcasts...
Oct 07, 2021•7 min
A record number of new businesses started in 2020 but many aspiring entrepreneurs are still reluctant to chase their dreams because of their fear of failure. CT Corporation Manager of Customer Service Tim Jensen joins us to explain how that fear is actually a good thing that can be leveraged to make your new business even better. He also offers advice on how to translate prior business failures into future success. For additional resources on this subject, please visit: https://www.wolterskluwer...
Sep 16, 2021•11 min
Choosing a name for your business is one of the most important decisions any business owner will make. You want it to be memorable and to explain exactly what you do. But naming a business also needs to follow the rules in your state. What do you do if some other business already has the name you want? What is the difference between a legal name and the name the public knows you by? And what words should you be careful not to include in your business name? We discuss all of those questions and m...
Sep 02, 2021•16 min
Over the past 18 months, Special Purpose Acquisition Companies, or SPAC's, have exploded in popularity for businesses and celebrity influencers. But what exactly is a SPAC? What advantages does it have compared to a more traditional initial public offering? What risks should you know about? And how could it impact your business? We get answers to these questions and more with CT Corporation Senior Director Amit Rajvanshy. For additional resources on this topic: https://www.bizfilings.com Access ...
Aug 19, 2021•12 min
It is vital for business owners to protect themselves and their firms through a formal business entity. The limited liability company, or LLC, is an extremely popular choice, but why is that? CT Corporation Customer Service Manager Tim Jensen joins us to explain the many benefits of LLC's and the due diligence you need to perform before making your choice official. Jensen also walks us through the steps of setting up an LLC and discusses the ongoing responsibilities that come with it. For additi...
Aug 05, 2021•11 min
Some businesses are looking to acquire other firms weakened by the pandemic and others are looking to merge to stay afloat. But as these opportunities present themselves, what do business owners need to know before completing a deal? CT Corporation Publications Attorney Sandra Feldman shares five critical pieces of information you will need before signing any agreement. Access our full library of podcasts for small businesses https://www.bizfilings.com/toolkit/guides/podcasts...
Jul 22, 2021•7 min
Some business owners get a very unwelcome surprise when they find out a UCC-1 filing was made against their company. When false, such filings make a business look like a bad bet for lenders and other financial providers. So how do these filings happen? What can be done to set the record straight? And how can you find out whether your business is impacted before the lenders do? We get answers from CT Corporation Publications Attorney Sandra Feldman. For additional information on UCC-1 filings: ht...
Jul 08, 2021•8 min
If your business did not have employees working from home before the pandemic, there's a very good chance you quickly figured it out in March of 2020. Now that the business world is reopening, many business owners are planning to have employees continue working from home. But what do we need to know to remain compliant when it comes to business licensing and other obligations? CT Corporation Compliance Business Consultant Donia Wade tells us what we need to know to make these changes as smoothly...
Jun 24, 2021•8 min
With a pandemic easing and an economy fighting to recover, law firms are also experiencing a lot of changes. What are the biggest changes that firms are facing? Which parts of the world are seeing the most change? And what opportunities and challenges are law firms seeing right now? We get answers from Devlin Fisher, global sales support manager at CT Corporation. Access our full library of podcasts for small businesses https://www.bizfilings.com/toolkit/guides/podcasts...
Jun 10, 2021•18 min
CT Corporation Compliance Business Consultant Donia Wade walks us through the key steps for acquiring and maintaining a business license. She also offers best practices for staying on top of license compliance issues and making the process for renewing or adding licenses as simple as possible. For additional resources, please visit: https://www.wolterskluwer.com/en/solutions/bizfilings/business-licenses Access our full library of podcasts for small businesses https://www.bizfilings.com/toolkit/g...
May 27, 2021•10 min
Whether retiring, selling a business, or having to close, knowing how to properly dissolve a business is critically important. CT Corporation Manager of Customer Service Tim Jensen walks us through the key steps of dissolution, the risks created by not going through the process properly, and why it's good to understand all of this before we actually need to do it. Access our full library of podcasts for small businesses https://www.bizfilings.com/toolkit/guides/podcasts...
May 13, 2021•11 min
Natalie Mendell and Alejandro Martinez of the Manhattan Chamber of Commerce discuss their proactive approach to helping businesses in New York City after a year of uncertainty. Martell and Martinez discuss their program of going door-to-door to meet with business owners, learn their concerns, and point them towards resources that will address their concerns over financing, leasing, and more. For more information on legal solutions for small businesses, please visit: https://www.wolterskluwer.com...
Apr 29, 2021•13 min