Category

Small Business

AccountingSmall Business

Resources for Veteran Entrepreneurs

In 2019, Bunker Labs conducted a survey with military veterans transitioning to civilian life. One in four veterans responding to the survey expressed interest in starting their own business but needed funding to do so. If you’re a veteran turned entrepreneur, we are happy to let you know that many resources exist to help you…
Palmetto Payroll
September 15, 2020
AccountingPayroll ProcessingPayroll Tax ResponsibilitiesSmall Business

Prepare for Financial Reports to Look Different Due to COVID-19

Certified Public Accountants (CPA) should understand that financial reports they prepare in 2020 will look differently than reports they prepared in all years prior to 2019. The difference, of course, is that 2020 saw a global pandemic that had a devastating impact on small businesses across the country. Even companies that did not shut down…
Palmetto Payroll
August 15, 2020
Outsourced PayrollSmall Business

Working Out Payment Arrangements and Other Details for Contract Employees

A relationship with an independent contractor can be beneficial for your business as well as the person receiving services. Since he or she is not an employee, you’re not required to pay health insurance, vacation time, or contribute towards unemployment insurance. You also don’t have the large cost associated with recruiting, hiring, training, and retaining…
Palmetto Payroll
June 15, 2020
AccountingHuman ResourcesSmall BusinessTaxes

How Hiring an Accountant Can Help Your Small Business Thrive

According to an October 2018 study published by the Small Business Accounting Report, small business owners already hold accountants in high regard. Most agreed with the statement that hiring an accountant was even more important than a lawyer, banker, or information technology specialist. Despite this, many small business owners don’t understand the range of services…
Palmetto Payroll
May 30, 2020