The Internal Revenue Service just released their 2012 calendar for small business which includes all of the neccessary filing dates for most of your perfunctory transactions. Although the corporate filing deadline remains March 15th, on the personal side the filing deadline is April 17th due to the fact that April 15th falls on a […]
Operating a business means maintaining complex operations. Streamlined operational procedures are vital – not least for keeping track of all the potential loose ends in your supply chains, which may be key for your risk management. NY is one of the busiest business hubs in the country, so protecting the efficiency of your supply chain […]
The best preparation you can have for any kind of audit is good record keeping, efficient systems and standard operating procedures that are adhered to at all levels. This is true of all business audits, including financial audits, stock audits and workers compensation audits. With workers’ comp, the most basic requirement is that you create […]
Ever wonder why there is so much seemingly incomprehensible text in the fine print of your insurance policy? Every industry has its fair share of jargon and the insurance industry is no exception. One term that crops up regularly and may be confusing is ‘risk management’. NY businesses, particularly small businesses in heavily populated urban […]
The word audit is not something anyone wants to hear. For most people it conjures up images of frenzied hunting for pieces of paper you know you were meant to keep track of and a general increase in stress levels. A workers compensation audit is usually no different. An audit is an inspection, a verification […]
Every business should have a business plan, even small businesses. No matter what the size of a business, writing a business plan helps you focus on every area, including basic risk management. NY small businesses may face particular dangers – identifying them early means being able to add measures to reduce risk and minimize losses. […]
Start researching the topic of business plans and sooner or later you will come across the term risk management. NY business owners can find that there are several benefits that can be derived from implementing risk management strategies into their workplaces. The term may seem a little ambiguous if you’re new to business so here […]
Risk management is about identifying and reducing risks within your business. In addition to making the workplace safer and enhancing your business performance, a good risk management strategy can also save you money. Insurance premiums for workers’ compensation, liability and other specialist business insurance are directly related to a company’s record and strategy when it […]
It’s a requirement of every New York business that they undertake regular workers compensations audits. These are audits of payroll records for the purpose of determining how much you should be paying for your workers’ compensation insurance. Standard procedures dictate that this will be carried out by an auditor visiting your workplace, although in some […]