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Showing a wide range of remote work styles.

December 22, 2023

Work From Home Dress Code: Tips & Benefits (+ Free Template)

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A work from home (WFH) dress code policy standardizes the acceptable work attire for remote employees. Although it might seem irrelevant, you don’t want employees in their pajamas all day if they’re doing video calls with clients, prospects, and business leaders. Creating continuity and a
self employment tax

November 27, 2023

Self-employment Tax: Rates & Calculations

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If you’re a sole proprietor, freelancer, or independent contractor, then you’ll likely need to pay self-employment tax. Considered the equivalent of payroll taxes that W-2 employees pay, self-employment tax is due on income earned and must be paid regardless of whether you receive a 1099-MISC
Woman Checking Inventory

November 17, 2023

Inventory Carrying Cost: Calculator, Formula & Reduction Tips

Inventory carrying cost, also known as holding cost or carrying cost, is the total amount of expenses a business pays to hold and manage unsold merchandise. This includes direct costs such as warehouse leasing, employee wages, insurance, utilities, and taxes, along with indirect costs like
A man holding a baby.

October 9, 2023

Paternity Leave Policy & Laws (+ Free Templates)

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Having a strong paternity leave policy in place will notify employees of their rights for leave and pay as well as keep your business compliant with federal, state, and FMLA laws. A paternity leave policy that is part of your company handbook and paid-time-off (PTO) leave
For Rent signage in front of a house.

October 5, 2023

Vacancy Rate Calculator: A Full Guide for Investors

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A vacancy rate represents the percentage of unoccupied units in a multi-unit rental property. It is a helpful indicator for determining if a rental property is performing well and whether it is or will be a profitable investment. To understand more about what a vacancy
A man and businesswoman talking in a job interview in an office.

October 3, 2023

What Is an Employee Attendance Policy? (+ Free Template)

Free Template

Employee attendance policies are company documents, often part of your handbook, that clearly define attendance requirements at your company. These should include definitions, indicate how employees may be disciplined for violations of the policy, and an employee acknowledgement. For an example of how to draft yours,
Showing a man signing an agreement.

September 28, 2023

What Is a Flexible Work Schedule Policy? (+ Free Template)

Free Template

A flexible work schedule policy outlines for employees an alternative to the typical 9–5, Monday–Friday workweek. It might allow for different daily start and end times or even a compressed four-day workweek. Employees who can customize their work hours can better manage their time and
Vector of a man pushing down a car on a financial graph.

September 26, 2023

Double Declining Balance Method: Formula & Free Template

DDB Depreciation Schedule Template
Businesspeople working at night.

September 4, 2023

Shift Differential Policy: Small Business Guide (+ Template)

Free Template

A shift differential policy is a set of guidelines and rules for handling non-mandatory premium pay offered to eligible employees for working hours that deviate from the standard or regular work schedule. A strong policy outlines the details of how the pay is calculated, who
Showing POS in a bakery.

August 31, 2023

POS Reconciliation: How It’s Done in 7 Steps (+ Free Template)

Free Template

Point-of-sale (POS) reconciliation is the process of manually checking your POS sales records against your cash on hand and credit card processing statements to ensure there are no discrepancies. Not difficult but often tedious, it is a key part of the cash-handling process and helps
Showing an I-9 Form.

August 29, 2023

I-9 Form: Definition & Legal Requirements

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The I-9 form is a Department of Homeland Security (DHS) document used to verify a person’s eligibility to work in the US. Workers provide identification such as a Social Security card and driver’s license or passport. The employer then physically verifies these documents to confirm
What Is Sell-through Rate

August 11, 2023

What Is Sell-through Rate & How to Use It (+ Free Calculator)

Free Calculator

Sell-through rate (STR) is a critical retail metric that tells you how well products are performing based on the amount of inventory sold compared to the amount of inventory received during a set period of time. Typically, retailers will measure sell-through rates weekly, monthly, quarterly,
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