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Mentoring may deliver the work force you need
If one of your key managers were to suddenly leave the business or become incapacitated, do you have someone qualified to take that manager’s place immediately? Could you prevent your business from suffering while a replacement grows into the role? If not, a mentoring program might be the answer. Mentoring pairs seasoned employees – mentors – with less experienced employees – mentees – to help foster your employees’ career development and professional growth.
How vulnerable is your business to employee fraud?
Here are eight questions to help you find out. Few business owners want to believe that their employees would defraud the company that provides them with jobs, paychecks and benefits. But the truth is, every organization is at some risk of internal fraud. That doesn’t mean you can’t rein in some of that risk. Your company’s degree of vulnerability depends partly on your industry, but also on a variety of factors, including your internal controls, communication and the ethical tone set by your leadership. In its 2007 Fraud Examiners Manual, the Association of Certified Fraud Examiners offers these cues to help you stop fraud in its tracks.
Deduct your way to affordable health insurance
The cost of health insurance and the number of uninsured citizens have grabbed the attention of the nation and caused small-business owners increasing concern. Many owners of S corporations or partnerships find it difficult to afford the cost of health insurance, particularly if they have employees who must also be covered. The tax law allows a break for some business owners who purchase private health insurance for themselves and their families.
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