June 23, 2023
You’re reading Gusto’s newsletter for growing businesses. If you’d like these bi-weekly updates in your inbox, you can subscribe here. New to Gusto? Try a free demo today.
Data download: New businesses offer 3 key benefits
Benefits are essential to employee happiness and retention. Gusto’s new business survey found that businesses formed in 2022 are offering their employees three key benefits: health insurance, retirement plans, and flexible schedules.
Interestingly, though more new businesses offered health insurance and retirement benefits in 2022 than in 2021, fewer businesses offered flexible schedules in 2022 than in 2021. See more of Gusto’s survey findings here or check out the 18 employee benefits businesses are offering in 2023.
7 tips for your first year as a business owner
Starting a business is an exciting endeavor, but entrepreneurship can be an uphill battle. If you’re in the thick of your first year as a business owner—or if you’re gearing up to start a business—there’s a lot you need to know and prepare for.
On top of startup costs and writing a business plan, there’s also money and time management, customer acquisition, hiring, and growth strategizing, to name a few other things to consider. The best way to set yourself up for success: get informed and organized.
In one of our latest blog posts, Ben Richmond, an accountant and U.S. country manager at Xero, shares seven tips for navigating your first year in business. See the full article here.
Meet your July compliance deadlines
July is officially summertime, but that doesn’t mean you’re off the hook with business deadlines. In addition to being the start of Q3, July is also the month many states require estimated taxes. Plus, key forms for your employee benefit plans are due.
For the full list of deadlines for taxes, payroll, and HR, read our July compliance calendar here.
Read with Gusto
Hiya, Talk Shop readers. Caleb here. Sometimes you just have to phone it in. Is that what I’m doing this week? Maybe. Or maybe I’m just doing. There’s a thunderstorm rolling in, threats of giant hail, and I’m running around like an escaped convict. I’m putting words down that a few of you will read and say, “Yes. Less think. More do.” Don’t worry, I’m not high. But more people are! Man, it’s a weird time. How’s work been for you? Email me and let me know.
- Small banks are under the microscope.
- Is Africa splitting into two continents?
- “The curds are suddenly whey cool.”
- Don’t get a speeding ticket in Finland.
Fresh from Gusto
- How to Effectively Measure Company Culture in Your Organization
- 4 Super Useful Balance Sheet Ratios—And How to Calculate Them
- Free Excel Hacks and Templates for New Business Owners
- What You Need to Know About California’s R&D Tax Credit
Watchlist
ON-DEMAND: Understanding How Managers Build Resilience on Teams
Resilient workplaces have a lot of benefits. Fostering resilience in the workforce can lead to lower employee stress levels, greater employee happiness at work, and higher employee engagement on the job. But how do you do it? Bonusly’s webinar digs into what resilience at work actually means, why it’s crucial to your business’s bottom line, and how you can promote resilience in your organization. Watch it now.
ON-DEMAND: Breaking Down Barriers: How Integrating Physical and Mental Healthcare Can Improve Employee OutcomesHealthcare is a crucial benefit to offer your employees, but not every healthcare plan addresses both physical and mental well-being. In this webinar by Accolade, experts discuss the importance of integrating physical and mental healthcare for your employees, how to reduce the stigma around mental health, and how to create a culture that prioritizes holistic employee well-being above all else. Watch it now.
Want more news and resources? Check out past editions in our archive.
