by Royer Advisors | Dec 11, 2024 | Business Plans
Employers and employees may not see eye-to-eye on many topics, including the adequacy of their paychecks. When it comes to wages and salaries, the amounts are relatively cut-and-dried. However, the value of contingent compensation elements — such as health benefits —...
by Royer Advisors | Dec 11, 2024 | Business Plans
Have you compiled a list of New Year’s resolutions for your small business in 2022? Resolutions don’t have to be limited to your personal life. Consider how you can improve your role as a small business owner in the upcoming year. Of course,...
by Royer Advisors | Dec 11, 2024 | Business Plans
Many employers have been raising wages substantially to maintain operations in today’s tight labor market. That’s most evident in the leisure and hospitality sector, where average hourly wages rose 12% for the year ending October 2021. For many organizations,...
by Royer Advisors | Dec 11, 2024 | Business Plans
Uncle Sam is helping to pick up the tab for certain business meals in 2021 and 2022. Under a Consolidated Appropriations Act (CAA) provision, the usual tax deductions for 50% of the cost of business meals is doubled to 100% for food and beverages provided by...
by Royer Advisors | Dec 11, 2024 | Business Plans
Buyers of businesses generally prefer to arrange for an asset purchase transaction instead of purchasing an ownership interest in the target business entity. Why? The primary reason is to avoid exposure to liabilities — both known and unknown — related to the business...
by Royer Advisors | Dec 11, 2024 | Business Plans
Should it matter whether the pilot on your next flight has a bachelor’s degree? Delta Airlines recently asked that question, and management decided to end the requirement for new hires to have a four-year college degree. Although the company still prefers its...