We’ll walk you through filling out Form 2553, which businesses and other eligible entities use to elect to pay taxes as an S corporation (S-corp). To make this election, you’ll have to fill out a four-page, four-part form. Once completed, you’ll be notified roughly 60 days after you filed whether your election was accepted or…
How To
How to Do a Performance Review: A Guide for Employers
Performance reviews or appraisals are a great way of communicating an employee’s work output versus the company’s planned goals. It allows people managers and their staff to identify accomplishments, review challenges, and discuss development opportunities. While well-conducted employee appraisals can help motivate workers and improve their work productivity, poorly conducted reviews can leave them feeling…
What Is a Broker Open House & How to Host a Successful One
A strategy agents use to generate interest in their property is hosting a broker open house—so, what is a broker open house? A broker open house, also known as a broker preview, is when a real estate agent or broker invites other real estate professionals to tour their listings without their clients. The purpose is…
How to Create a Big Cartel Online Store in 6 Steps
Learning how to use Big Cartel to sell your products is simple and easy. Just sign up for an account, add products, set up shipping and payment information, and customize your website. You can start marketing and selling to customers after you launch your store. What I like about Big Cartel is that it offers…
Choosing a Restaurant Location [+ Tips for Long-term Success]
It is often said that choosing a restaurant location is the most critical decision you’ll make when opening a restaurant. In my experience, that is entirely true, but not in the way you might think. You don’t need to be in the perfect corner lot in a perfectly outfitted freestanding building to be successful. Plenty…
How to Buy a Preforeclosure Home in 8 Steps
Preforeclosure houses typically occur when a homeowner falls behind on mortgage payments, which results in loan default. During preforeclosure, the homeowner can either sell the property or pay the outstanding balance on the loan. This allows an investor to buy a preforeclosure property below market value. To learn how to buy a preforeclosure home, follow…
What Bulk SMS Marketing Is & Who It’s Best For
SMS (which stands for short message service) marketing refers to campaigns sent via mass text. It allows you to reach a wide audience or a highly targeted audience with low effort and high returns, and there are several different types of campaigns you could send. Keep reading to learn who it’s best for and decide…
Employee Incentive Programs: 7 Types (+ Setting Up Your Own)
Employee engagement plays a significant role in ensuring the productivity, satisfaction, and loyalty of employees. One effective strategy for keeping engagement high is to implement employee incentive programs, which motivate employees and contribute to the overall success of the organization. Although incentive programs are often thought of as strictly rewards for specific achievements, they can…