[ad_1] With the Federal Reserve’s latest rate hike adding half a percentage point to the cost of debt capital and reaching its highest level in 15 years, the majority of small business loans will hit the double-digit interest level for the first time since 2007. The cost of taking out …
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[ad_1] Inflation in the United States hit a record high in June 2022. Consumer prices soared by 9.1% compared with a year prior — the largest annual increase since 1981. While wages are rising, they’re not keeping up with inflation. Wage growth has been consistent with an inflation rate of …
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[ad_1] A “Now hiring” sign is displayed on the window of an IN-N-OUT fast food restaurant in Encinitas, California, May 9, 2022. Mike Blake | Reuters When it comes to salary, small business owners generally don’t play in the same league as larger companies. It’s even trickier now in a …
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[ad_1] A growing number of states and municipalities are enacting salary transparency laws, a stepping stone toward eliminating wage discrepancies based on gender, race and other unfair practices. One immediate result, however, is a patchwork quilt of regulations that can be confusing and challenging for businesses, especially smaller ones, to …
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[ad_1] Many small business owners have trouble figuring out an appropriate take-home pay as the company expands, and some don’t pay themselves at all. These mistakes can easily come back to bite the founder and the business. Understanding how to pay yourself appropriately — even if it’s only a small …
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