I help entrepreneurs leapfrog over the typical potholes that derail most small businesses with inspiration, motivation, education, and support across a wide range of business topics drawn from over a decade of running my own business, teaching entrepreneurship for the City of New York, and coaching and consulting privately with dozens of women and minority small business owners. Honestly, why go it alone when help is an email away?
In Good Company
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This week I want to talk about something kind of boring. Or, at least that’s what everyone often thinks when it comes to Human Resources (HR) and compliance. And, if you’re a company of one, like me, it’s oh so easy to just tune out and think—this doesn’t apply to me at all. Can you relate? If so, then, like me, you might also be surprised to learn how wrong we are. I can’t tell you how many stories I’ve heard lately from entrepreneurs hit with big bills and penalties because they failed to comply with one or another new HR regulation passed over the last few years. So, just ignoring this stuff can be costly and ignorance is no defense. For instance, just this week my friend Denise Smith, founder of HRthePartner, sent me a note about the New York State HERO Act that was recently passed and goes into effect in two weeks, on June 3rd. As part of this new law, companies with as few as one employee are required to have an Infectious Disease Exposure Prevention Plan (IDEPP). Yikes, that doesn't sound like an easy thing to put together on the fly or within 2 weeks! Get more info about New York's HERO Act and how to prepare and stay compliant in Denise's newsletter. Even if you don't live in New York State or aren't an S-Corp or C-Corp and therefore considered an employee of your own company, you're not off the hook. Lots of LLCs and sole proprietors are falling afoul of the new stricter definitions of 1099 employees. If you get it wrong, you'll face significant penalties. So, HR and compliance may be kind of boring, but, man, are they important and potentially costly if not dealt with in a timely and knowledgeable manner. If you think you need some help, or even just someone to talk to, I recommend you take Denise up on her offer of a complimentary consultation. She can help you figure out what relates to you and how to be and stay on top of it all. Until next week, stay well and go outside and play :-). |
Easily Said & Done
I help entrepreneurs leapfrog over the typical potholes that derail most small businesses with inspiration, motivation, education, and support across a wide range of business topics drawn from over a decade of running my own business, teaching entrepreneurship for the City of New York, and coaching and consulting privately with dozens of women and minority small business owners. Honestly, why go it alone when help is an email away?
Hi Reader, Something I've been enjoying of late are multiple influencers showcasing the limits of ChatGPT and the like. One guy asks it some pretty basic questions, such as to name a number between one and one hundred that includes the letter 'a.' (Spoiler alert: there aren't any). ChatGPT lies to his face over and over again. Another one provides examples of business fails due to AI. Some are pretty extraordinary. But here's the thing, this isn't just a harmless gimmick, it's a warning cry,...
Have you seen the video of McDonald's CEO Chris Kempczinski trying to promote the new Big Arch burger ahead of its March 3rd launch? How about any of the many, many videos or memes negging on it for a host of reasons, including how Kempczinski refers to the burger as "a delicious product" or his failure to take a real bite of it, seeming almost disgusted by it. To me, there are three great marketing stories going on here. 1. Going Viral Isn't the Goal Yes, there is such a thing as bad PR and...
This fall my mom was diagnosed with mild-to-moderate dementia. While sad, it did not come as a surprise. It's one reason I sold her house and we moved in together late last summer. At first, I planned outings to the Y and other senior programs, scheduled visits from family and friends, coordinated physical therapy appointments, and designed little daily activities to keep her engaged and stimulated. This winter it's gotten harder and harder to get mom out of bed let alone dressed and out the...