Good Decisions For Small Business Healthcare

Under the Affordable Care Act (ACA) a small business above 50 employees is required to provide healthcare for their employees. These companies that have 50 or more full-time employees must provide health insurance to 95% of their employees and dependents up to age 26 or risk paying a tax penalty of $2,000 per full-time employee. An article on Forbes says, “many small businesses still do provide health care for their employees, either out of a sense of responsibility or out of a desire to attract quality candidates (or both).” Although, depending on how those plans are paid for you could run into some […]

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Small Business Work Relationships

Everyone wants good and healthy work relationships, but do you know how to cultivate and obtain those? There are books upon books of how to develop relationships within business partnerships, or even personal relationships outside of the workplace, but move inside of the workplace and it’s a subject that often gets pushed under the rug. There is a great article from the Houston Chronicle online that addresses just that. The article goes through a six step process, and I’ll touch on each of those. Step 1 urges leadership to create a “clear and concise company mission statement.” As an employee it

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Help is Coming for Small Businesses

When the ACA was written the law has come with its fair share of challenges and there have been many changes. When the law was passed the I.R.S. drafted a regulation that imposes fines on small business for doing what the very law is meant to do, help individual and families afford health insurance. Kevin Kuhlman, policy director for the National Association of Independent Business said, ” Reimbursing employees for the cost of insurance or medical services is a way for small businesses to help their workers without the administrative headaches of setting up a costly group plan.” The IRS has said for doing

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Bipartisan Support Is A Win For Small Business

One of the first big changes to the Affordable Care Act (ACA) was voted on last week and passed. The bill was approved in both the House and the Senate eliminating a provision in the law that would have imposed costly requirements on businesses with 51 to 100 employees. The bill was signed into law by the President yesterday. This is great news for the bill that had bipartisan support and is a win for small businesses. The ACA has already made it hard on small businesses and if the definition of a small business had been redefined to include those

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Regulating Small Business

It’s no secret that small business and entrepreneurship isn’t as easy of a task as it used to be. Now regulations and guidelines keep the “American Dream” under wraps. There was a time when anyone that had an idea could open a shop and peddle their wares and services, but now licenses and permits are required.  There was an article posted on Forbes not too long ago that states President Obama saying, “In fact, I’ve approved fewer regulations in the first three years of my presidency than my Republican predecessor did in his.” Well thank you for approving less, but

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Making Waves as a Small Business

As a country built on small business and entrepreneurship, what has allowed these companies to thrive? Many of these companies have seen a problem and created a solution. They see what needs to be fixed and fix it, often creating back lash from the companies who the “problem” originates with. In the healthcare industry we have seen that Group Health Insurance is broken and offer a solution to solve the “pain” that comes with group health plans. Naturally getting backlash from Group Health Insurance brokers saying that what we are doing isn’t legal. Fair enough, we understand their sentiments come from

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