Paychex THRIVE, a Business Podcast

By Paychex, Inc.

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Description

Hear timely insights on marketplace conditions, proposed legislation, innovations, research, and success strategies from industry leaders, lawmakers, experts, and icons to help you propel your business forward and THRIVE.

Episode Date
CNN’s Matt Egan on the Business Outlook for 2023
28:37

Businesses throughout the United States have been forced to navigate an array of unprecedented challenges throughout the past few years. As we look towards the approaching new year, what can we expect to see in 2023? On this episode of Paychex THRIVE, CNN reporter, Matt Egan, talks with Gene Marks about the economic outlook of 2023. Hear what he had to say about consumer spending, a possible recession, interest rates, inflation, and more.

Topics Include:

00:49 – Introduction to Matt Egan 01:49 – What to expect for the holiday season 02:44 – Consumer spending in today’s economy 04:35 – Buy now, pay later trend 08:00 – Are we headed into a recession 11:32 – The challenges within the tech sector 14:16 – State of the housing and construction industry 17:08 – The rise in interest rates 19:03 – Thoughts on inflation in 2023 23:38 – Expected news on small businesses in 2023 26:22 – A positive outlook for next year 28:00 – Wrap up

Hear more about the impact of rising inflation at www.paychex.com/worx/podcasts/business/economy-and-rising-inflation.

Get some tips on how to offset the current financial landscape at www.paychex.com/worx/podcasts/business/interest-rates-rising-think-long-term-loans-money-management.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Dec 06, 2022
Lame Duck Congress: Businesses Might Get Help with Retirement and Tax Credits
06:23

In this episode of the Week in Review, Gene Marks says he thinks the lame duck Congress might actually move the needle on retirement and tax legislation – and that’s a benefit to businesses. The many bills on retirement could become SECURE Act 2.0, leading to additional tax credits and incentives. Plus, extending the research and development tax credit is on the table. Listen to the podcast.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Dec 01, 2022
Breaking Down Biases Towards Women-Owned Businesses
27:06

On this episode of Paychex THRIVE, host Gene Marks is talking with Catherine Davie, Head of Social Impact of LegalZoom. Listen in as she talks about what LegalZoom is doing on the social impact side of the business, including their NBA and WNBA partnerships, their Fast Break for Small Business grant program, and how they are looking to help women and other underrepresented groups succeed as both entrepreneurs and business owners.

Topics Include:

00:17 – An introduction to Catherine Davie 02:48 – An introduction to LegalZoom 04:07 – Social impact side of LegalZoom 05:33 – NBA and WNBA partnership 06:58 –Fast Break for Small Business grant program eligibility 08:56 – Women and the Boss Survey takeaways 10:27 – Female entrepreneurship in 2022 12:10 – Biases in funding for women-owned businesses 15:03 – The “risk” of investing in women-owned businesses 17:20 – Women in technology and engineering 21:07 – The success of women entrepreneurs in the future

Get more information on different types of financing for small businesses at www.paychex.com/articles/finance/securing-small-business-financing.

Understand the current tech environment for women at www.paychex.com/articles/human-resources/women-in-tech.

Read more about combating unconscious bias in the workplace at www.paychex.com/articles/human-resources/unconscious-bias.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Nov 29, 2022
Restuarant Short-Staffed? There’s a Robot For That
24:24

Robotics and automation are becoming increasingly important in our everyday life. The same goes for businesses, including those in the restaurant industry. CEO of Miso Robotics, Mike Bell, is talking with host, Gene Marks, about the how his company is bringing robotic solutions to an industry that is struggling to fill positions – the restaurant industry. Listen in as Bell talks about the customization of robotic solutions, the impact on workers, and how other industries are using similar technology.

Topics Include:

00:19 – An introduction to Miso Robotics 03:49 – The interest from restaurants 06:07 – How Miso customizes across brands 07:56 – Issues to be aware of with robotic solutions 10:15 – Maintenance of robotic solutions 12:37 – Independent vs. chain restaurants 15:28 – The impact of robotic solutions on workers 20:44 – Robotics in other industries 22:22 – What’s next for Miso Robotics 23:07 – Wrap up

Have a guest or topic you’d like to suggest for the show? Submit your ideas here.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Nov 22, 2022
Mid-Term Elections: U.S. Overall Economy Doesn’t Reflect Rising Inflation
08:38

With inflation nearing 8 percent and some industries reporting costs for materials much higher than that, the thought that a new yet divided Congress might have a tough time fixing this. However, Gene Marks points out that people’s spending habits don’t match the doom-and-gloom economy that many say the country is in. He shares his insights in this week’s podcast.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Nov 18, 2022
Considering Employee Layoffs? Here Are Some Best Practices
25:36

As the economy begins to slow down, many companies may be forced to turn to employee layoffs, now and in the future. Hear from Lenny Feigel, labor and employment attorney at Foley & Lardner LLP, about what you need to consider. Find out why it’s so important to plan, how to select where your layoffs are going, what companies are offering in terms of separation and severance pay, and much more.

Topics Include:

00:19 – Introduction to attorney Lenny Feigel 02:03 – Having a good relationship with a labor attorney 02:53 – The importance of planning when considering layoffs 05:04 – Selecting where layoffs are going 06:47 – What to consider to avoid claims of discrimination 09:11 – Should layoffs be based on performance reviews? 10:28 – What companies are offering in separation and severance 13:20 – Strategy for layoff timing: do it immediately or give time? 13:42 – The Worker Adjustment and Retraining Notification Act 15:50 – The importance of a separation agreement 19:30 – Big takeaways 20:39 – Communicating with employees that are being retained

Have a guest or topic you’d like to suggest for the show? Submit your ideas here.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Nov 15, 2022
Mid-Term Elections: A Few Predictions of What a Divided Congress Means for Businesses
14:59

We won’t know the makeup of Congress for another month following the mid-term elections, but a slim majority for either party primarily will result in few big pieces of bi-partisan legislation. Gene Marks takes a look at a handful of potential outcomes on where the government will spend its money, who might benefit, and some other issues such that will impact businesses. Listen to the podcast.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Nov 11, 2022
Understanding Your Responsibilities Under Employee Discrimination Laws
36:34

The Equal Employee Opportunity Commission (EEOC) is the primary federal agency in charge of enforcing the employment discrimination laws in the United States. On this episode, Gene Marks is talking with Vice Chair of the EEOC, Jocelyn Samuels, about what small businesses need to know about the agency, including the importance of understanding discrimination laws, how being an inclusive workplace is good for business, why you should have anti-harassment policies in place, and much more.

Topics Include:

00:14 – Introducing Jocelyn Samuels 00:51 – Introduction to the EEOC 02:09 – Why is the EEOC important to employers? 05:25 – Inclusive workplaces are good for business 07:13 – Hot topics employers should be aware of 08:04 – Businesses that are exempt 10:05 – Having anti-harassment policies in place 11:28 – Being aware of retaliation 13:00 – Discrimination and technology 16:56 – AI-based software and biases 21:36 – How employees can report to the EEOC 27:37 – The impact of remote work on discrimination 32:59 – The EEOC is there to provide support 35:35 – Wrap up

Read more about harassment in the workplace at www.paychex.com/articles/human-resources/understanding-harassment-in-the-workplace.

Learn about some recent resources the EEOC has created related to sexual orientation and gender identity discrimination at www.paychex.com/articles/human-resources/eeoc-resources-sexual-orientation-discrimination.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Nov 08, 2022
Putting Small Businesses at the Forefront of New Regulations
16:18

We’re kicking off Season 4 of Paychex THRIVE, a Business Podcast, with Congressman Ben Cline from the sixth congressional district in Virginia. Listen in as host Gene Marks talks with Rep. Cline about his proposed legislation, the Small Business Regulatory Flexibility Improvement Act, which is designed to help small businesses understand and comply with new regulations. Hear what inspired this bill, where the legislation currently stands, and how Congressman Cline hopes to help small businesses in the future.

Topics Include:

00:15 – Introduction to Congressman Cline 00:36 – The Small Business Regulatory Flexibility Improvement Act 03:16 – What inspired this bill? 05:30 – Where does the legislation stand? 09:25 – What will Congressman Cline do for small businesses?

Read more about the regulatory issues facing businesses at www.paychex.com/newsroom/news-releases/compliance-topics-related-covid-19-pandemic-top-regulatory-issues-facing.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Nov 01, 2022
Week in Review: Preparing for Potential New Rule on Independent Contractors
07:49

With the U.S. Department of Labor’s recent proposed new rule, businesses might have to make some adjustments if independent contractors are reclassified. It could change how your business pays taxes, as well as increase your costs if these individuals must be treated as employees. Listen to our THRIVE Week in Review with Gene Marks podcast.

Learn more about tax forms for independent contractors at www.paychex.com/articles/payroll-taxes/filing-taxes-for-independent-contractors

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Oct 27, 2022
Cyber Security: What Small Businesses Need to Know
23:16

Bonus episode: Cybersecurity – it’s not just for big businesses. In fact, small businesses are often prime targets for cyber-attacks. On this episode of THRIVE, a Paychex Business Podcast, you’ll hear from Kristin Harper, Manager of Operations Security at Paychex, as she talks to Gene Marks about what you should know and what you can do to protect your company from cyber criminals.

Topics Include:

00:19 – Meet Kristin Harper 00:58 – Kristin’s job as Manager of Operations Security 02:49 – Cybersecurity in small business 04:39 – User education to prevent cyber crime 06:05 – What is phishing? 06:57 – Smishing: SMS phishing 09:54 – The rise of social engineering 10:46 – The impact of malware 11:59 – What to do to lower the risk of an attack 14:06 – Cybersecurity and remote employees 15:36 – Securing your home network and your software 17:38 – Should you be using security software? 19:30 – Cyber insurance

Find out more about cyber security as it relates to business at www.paychex.com/articles/management/cyber-security-and-a-secure-business.

Read more about the importance of cyber liability insurance at www.paychex.com/articles/human-resources/cyber-liability-insurance-why-your-business-needs-it.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Oct 21, 2022
How to Use the Work Opportunity Tax Credit to Recruit and Offer a Hiring Bonus
07:54

The unemployment rate is at a 50-year low but there are still more than 10 million open jobs. That’s going to create competition for talent. Use every resource available, including the federally funded Work Opportunity Tax Credit, which can either reduce your income tax or payroll tax if you hire certain types of candidates such as military veterans or the long-term unemployed, to name a few. Host Gene Marks details some of the perks of WOTC in this week’s episode. Listen to the podcast.

Other resources

Instructions on Certification Process for WOTC

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Oct 20, 2022
How These 5 Tips Can Help You Manage Cost Increases for Employee Health Plans
07:17

With projected increases expected for workplace health plans, you have options to help manage the costs; health savings accounts, health reimbursement accounts or level-funded plans. Your business can even contribute more to employee health insurance costs and take a deduction. Gene Marks provides some insights that can help your business. Listen to the podcast

Other resources

HRA vs. HSA: Which is better to Offer Employees

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Oct 13, 2022
A Business Continuity Plan Can Help You Keep Some Control in the Wake of a Natural Disaster
11:16

In the aftermath of Hurricane Ian, host Gene Marks shares some insights on how businesses across the country are not immune to natural disasters and should consider a business continuity plan. Having a chain of communication and a way to pay your employees on time are just two ways to get your operations up and running quickly in the event of interruption. Listen to the podcast.

Other Resources:

usa.gov: Contains website links to helpful information (funding, health and safety, and more)

sba.gov: Eligible areas and the types of available disaster loans

irs.gov: Impacted Florida businesses qualify for extended tax deadlines

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Oct 06, 2022
Finding Good Staff in a Tight Labor Market
49:14

As we close out season 3 of THRIVE, Gene Marks talks with Jeremy Bilsky, Senior Director and General Manager of Advance Partners about the current state of the staffing industry and how finding good talent is harder than ever before. Hear what Jeremy had to say about topics such as temp-to-hire versus direct hire, redefining employment, the impact of remote work on staffing, and much more.

Topics Include:

00:19 – An introduction to Advance Partners 03:14 – Staffing temp-to-hire vs. Direct hire 06:10 – Staffing independent contractors 07:55 – Redefining employment 12:00 – How staffing firms have done this year 15:57 – The impact of remote work on the staffing industry 19:05 – What Jeremy has learned over the past 19 years 24:23 – Jeremy’s insights on negative cash flow 27:52 – How the company provides financing 32:19 – The process for bringing on workers 33:20 – The importance of average days to pay 40:34 – The impact of rising interest rates 45:57 – Advice for those in the service industry

Have a guest or topic you’d like to suggest for the show? Submit your ideas here.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Oct 04, 2022
With Interest Rates Rising, Think Long Term – Loans, Money Management
07:56

With interest rates going up another 75 basis points, and another increase expected, businesses are going to find loans and financing more expensive to secure. Gene Marks offers a few tips, including paying down credit card debt or looking to high-yield checking or money market accounts to let your money work for the business in the short term. Listen to the podcast.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Sep 29, 2022
Order Up: Fast-Food Stakeholders in CA Now Setting Policy
27:59

With recently passed legislation, California is looking to improve regulations and rules for the fast-food industry. That’s why when it comes to policy changes in the fast-food industry, the state of California is turning to employees, employers, and other key stakeholders. Listen in as David Madland, Senior Fellow and Senior Advisor at American Worker Project for the Center for American Progress, talks with host Gene Marks about how this new legislation is working to raise standards in the industry, who will be the key stakeholders providing their voices on policy, how it will impact labor and labor costs, and so much more.

Topics Include:

00:20 – The Center for American Progress 01:41 – An introduction to David Madland 02:30 – New legislation in California for fast food industry 04:13 – The sectoral council’s impact on setting policy 05:20 – Providing stakeholders with a voice 06:49 – Who is a part of this committee? 08:10 – What are the concerns surrounding this legislation? 09:39 – Raising standards in the fast-food industry 12:55 – The possible impact on labor and labor costs 17:03 – Targeting big businesses or small businesses? 19:12 – Spillover effect to other industries? 22:16 – Outside the United States

Hear more about this new legislation out of California and its impact on the fast food industry.

 

 

Sep 27, 2022
Don’t Let Rising Utility Prices Be a Shock to Your Business. Here’s 5 Tips to Stay Energy Efficient
06:24

With the U.S. Energy Information Administration forecasting a 16 percent increase in energy costs in 2023 – higher for some regions such as New York state that could see a 124% increase – businesses should control what they can. Gene Marks offers a handful of tips, some as simple as changing light bulbs, to help businesses prepare. Listen to the podcast.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Sep 22, 2022
Startups Are Booming – Here’s Why
25:44

Despite the Great Resignation, startup businesses are booming. Why is this? Stephanie Gorski, Strategy Managing Director/Partner at Accenture has some thoughts. Listen in as she talks with host Gene Marks about the recent study from Accenture, the changing business owner demographic, and more.

Topics Include:

00:20 – An introduction to Stephanie Gorski 01:37 – Small businesses are not enterprise businesses 05:28 – Accenture’s study on startups 07:54 – How startups came to be during COVID 10:33 – Giving your employees the opportunity to pursue passions 13:35 – Would COVID have had the same impact 10 years ago 15:07 – What factors hold people back from starting up businesses           17:18 – The unglamorous side of starting up a business 18:27 – How this data will be helpful to businesses 20:08 – The changing demographic of new business owners 22:34 – Stephanie Gorski’s passion

Thinking about starting a business? Learn what you need to know before you do at www.paychex.com/articles/startup/things-to-know-starting-business.

Use this start-up guide to play your new business. www.paychex.com/secure/whitepapers/plan-your-business.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Sep 20, 2022
Technology, Data, Communication, and Forecasting: Tips to Counter Inflation
08:02

After a survey revealed that 54 percent of small businesses expect their revenue to increase in 2023 despite inflation, host Gene Marks takes a look at ways to accomplish this. He offers several tips on using a Customer Relationship Management system, communicating with customers, and focusing on forecasting. Listen to the podcast.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Sep 15, 2022
Changing Workplace Trends According to Microsoft
20:34

What is on the minds of small business owners? That is what Microsoft went out to find in their Small Business State of Mind study. On this episode of THRIVE, a Paychex Business Podcast, host Gene Marks is talking with Travis Walter, Microsoft Stores Vice President of Retail. Hear what he had to say about what this study found, including the impact of Generation Z, navigating inflation issues, why cybersecurity should be at the top of your mind, and more.  

 Topics Include:

00:29 – Introduction to Travis Walter 01:56 – The Small Business State of Mind report 02:17 – The emphasis on Gen Z 04:47 – Biggest threats to small businesses 07:33 – Navigating inflation issues 09:25 – The importance of using the services you have 12:47 – Cybersecurity risk for small businesses 14:41 – The new startup trend 18:11 – The most popular Microsoft products

Have a guest or topic you’d like to suggest for the show? Submit your ideas here.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

 

 

Sep 13, 2022
California’s Fast-Food Law Could Change Wages, Safety Standards, and How Other States Regulate Businesses
07:40

California could be trendsetting or setting up businesses for more challenges with the signing of a law that regulates the fast-food industry. A council would have the power to increase the minimum wage and change safety standards. It gives employees a seat at the table. It gives all businesses something to consider. In this week’s episode, Gene Marks discusses the pros and cons. Listen to the podcast.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Sep 08, 2022
How eBay is Creating Communities for Buyers and Sellers
21:49

Starting, building, and growing a business can be very exciting and rewarding, it can also be very isolating. That’s why it’s so important to connect with your customers and other business owners to create communities to learn, share, and build relationships. On this episode of THRIVE, a Paychex Business Podcast, Gene Marks is talking with Rebecca Michals, Director of Community Engagement at eBay about the importance of community involvement. Whether you’re an eBay seller or just a business leader, you’ll want to hear what Rebecca had to say about the importance of sharing your passions with others, using fellow business owners as a support system, communicating with customers, and more.

Topics Include:

00:37 – Rebecca Michals and her position at eBay 03:32 – How eBay sellers can connect with each other 04:19 – Forum moderation 05:24 – Why sellers participate in the eBay community 07:26 – Opportunities for sellers to connect face-to-face 09:23 – Content and training through eBay Academy 12:03 – Using email to provide information and content 13:25 – Building a community with your customers 17:48 – How eBay is helping sellers have access to capital

Creating a community can help you connect to your buyers, find out other ways to build customer relationships at www.paychex.com/articles/management/microbusinesses-build-customer-relationships.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Sep 06, 2022
Benefits of Offering Paid Parental Leave Include Significant Tax Credits
07:46

A survey by the Society of Human Resource Management found that there was a significant decline in the percentage of companies offering paid parental leave and even paid paternity leave. Host Gene Marks shares insights on some of the challenges that could explain this change, but offers several tips as to how take advantage of the benefits of offering a program, including tax credits. 

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Sep 01, 2022
The Labor Market Is Tough – How Indeed Is Making It Easier
29:58

Finding, hiring and retaining the right talent has rarely been more challenging or important. As part of its commitment to simplify HR for America’s businesses, Paychex has partnered with Indeed, the #1 job website, to help businesses increase the visibility of their job openings and speed-to-hire. On this episode of THRIVE, a Paychex Business Podcast, host Gene Marks is talking with Executive Vice President and General Manager of Indeed, Raj Mukherjee, about how businesses can set themselves up for success and find the right talent. Hear what he says on how to stand out to potential employees, starting with a hiring process and recruitment process, hiring through employee referrals, creating a diverse workplace, salary transparency, and much more. 

Topics Include:

00:14 – Episode introduction 01:38 – And introduction to Indeed 02:50 – How Indeed sets itself apart 04:09 – The cost of Indeed 06:06 – Hiring through employee referrals 09:03 – How Indeed helps you diversify your workforce 11:41 – Why Indeed is great for small businesses 13:40 – How a job description can set your posting up for success 15:42 – Salary transparency in job postings and how Indeed helps 17:39 – Lean in into your brand culture 19:21 – Assessing candidates’ skillsets 20:37 – The future of hiring with AI other technologies

Resources:

Learn more about recruiting and hiring employees in this great Hiring 101 Guide at www.paychex.com/articles/human-resources/hiring-101-how-to-hire-employees.

As you make your way through finding quality talent, be sure to avoid these common hiring mistakes. Learn more at www.paychex.com/articles/hcm/avoid-these-5-hiring-mistakes.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Aug 30, 2022
How the Inflation Reduction Act Can Benefit Business Owners
07:49

President Biden recently signed into law the Inflation Reduction Act. While many debate if this will actually decrease inflation, one thing that’s for sure is there are some real tax benefits to small business owners.  In this week’s episode of On the Mark, host Gene Marks will walk through five benefits that small businesses can take to help reduce costs with big tax credits.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Aug 25, 2022
The Retirement Crisis in America – How the SECURE Act Is Helping Employees and Employers
36:02

Retirement, it’s something we are all working towards, but something that many throughout the United States are not prepared for. In today’s workforce, there’s a retirement crisis happening. Too many people throughout our country are not saving what they need to retire comfortably – and this isn’t just a problem for employees, it’s a problem for employees too. On this episode, we have two great guests, Randy Feenstra and Congresswoman Ashley Hinson, both Representatives from the state of Iowa and both sponsoring the SECURE Act 2.0. Listen in as they talk with host, Gene Marks, about the SECURE Act 1.0, the SECURE Act 2.0, the Mainstreet Tax Certainty Act, and what’s on the horizon for retirement planning in the U.S.

Topics Include:

01:04 – Introducing Congressman Randy Feenstra 01:42 – SECURE Act 1.0 04:19 – What the SECURE Act from 2019 offers 05:31 – Pooled Employer Plan (PEP) 06:41 – Retirement as an employee benefit 07:51 – Changes in the SECURE Act 2.0 12:22 – Tax credit for military spouses 13:11 – Tax incentives for Employee Stock Ownership Plan (ESOP) 16:06 – Expectations for Bipartisan support of SECURE Act 2.0 17:57 – Introducing Congresswoman Ashley Hinson 21:08 – The benefit to employers 22:22 – Automatic enrollment 23:56 – Additional provisions to SECURE Act 2.0 27:19 – Main Street Tax Certainty Act 31:35 – Emergency Savings Account Act

Read more information about the SECURE Act 2.0 at www.paychex.com/articles/compliance/secure-act-changes.

Get a refresher course in retirement planning at www.paychex.com/articles/employee-benefits/retirement-planning-101-for-business-owners.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

 

Aug 23, 2022
Study: 3 Tips to Offset Pitfalls Created by Pay Transparency
09:54

Pay transparency has many benefits, including improving pay equity and limiting the gender bias in pay, but a study found it also might compress pay, lead to disputes, and even create situations where people leave a company. Listen to this week’s episode as Gene Marks shares details on this study and also provides actions a company can take to limit the impact of the pitfalls.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Aug 18, 2022
Sen. Mark Warner on the Tax Credit Helping Minority-Owned Businesses Thrive
21:04

When it comes to banking, minority-businesses are often lacking that close relationship that many larger businesses have. With Community Development Financial Institutions (CDFIs), 60% of their lending must be focused on low- and moderate-income individuals. On this episode, Senator Mark Warner of Virginia is talking about the new piece of legislation he is working on and how it will increase investment to CDFIs and ultimately to those small businesses in low- and moderate-income communities.

 Topics Include:

00:24 – An introduction to CDFIs 03:14 – The prevalence of unbanked or underbanked businesses 05:38 – Examples of CDFIs 07:44 – The State Small Business Credit Initiative (SSBCI) 09:57 – Incentivizing private investors to invest in CDFIs 14:31 – Who does the CDFI bill target? 15:41 – When might this bill pass? 17:50 – The importance of going out and borrowing money

Looking for other funding opportunities? Learn about the SBA Microloan Program at www.paychex.com/articles/finance/sba-microloan.

Read more about funding your business with our guide "Start Up Guide: Fund Your Business."

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Aug 16, 2022
Could Potential Boost in IRS Funding Ramp Up Audits on Small Businesses?
06:26

With the Inflation Reduction Act expected to become law, the IRS would see funding increase by nearly $80 billion. “On the Mark” host Gene Marks and many others see this as a red flag for small businesses when it comes to auditing by the IRS. As a CPA and small-business owner, Marks offers a handful of tips on how to approach tax filing that could help reduce the risk of an audit. Listen to the podcast. 

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Aug 11, 2022
For One Shipping Company, Success is More Than How Fast You Deliver
31:08

The supply chain industry was hit hard throughout the past two years, but DHL managed to find success despite the challenges they faced. On this episode of THRIVE, a Paychex Business Podcast, Gene Marks is talking with Greg Hewitt, CEO of DHL Express U.S. about what they are doing to attract and retain talent, increase customer satisfaction, and more.

Topics Include:

01:11 – About DHL Express 02:48 – Greg Hewitt’s background 03:17 – Reflecting on the past two years 08:09 – How DHL is attracting and retaining talent 15:37 – Compensation vs. workplace environment 18:03 – The importance of your people 19:20 – Happy employees, happy customers 21:32 – Advice for managing shipping costs 23:55 – Sharing the cost of shipping

Greg Hewitt talked about how DHL keeps a low turnover rate, read about what not to do when it comes to attracting and retaining talent with our guide "6 Things Employers Get Wrong When It Comes to Attracting and Retaining Talent" at https://www.paychex.com/secure/whitepapers/attracting-retaining-talent-things-employers-get-wrong.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

 

Aug 09, 2022
5 Ways to Help Your Business Work Better with Rising Interest Rates
09:39

This week’s “On the Mark” podcast shares a handful of approaches your business can use to help navigate through this current period of rising interest rates, including budgeting for higher debt costs, seeking longer-term financing, getting into interest-bearing accounts, and more. Listen to the podcast for more insights from small-business owner Gene marks.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Aug 04, 2022
Sen. Chuck Grassley Talks Changes to Small Business Bankruptcy
14:13

As a business owner, going bankrupt is never something you plan for, so when it does happen, it shouldn’t be any harder than it has to be. On this episode of THRIVE, a Paychex Business Podcast, Gene Marks is talking to Senator Chuck Grassley from Iowa, about the latest legislation that he has been working on to make bankruptcy easier on small businesses. Listen in as he talks about the changes this legislation will make.

Topics Include:

00:48 – 2019 Small Business Reorganization Act 02:12 – What inspired the new legislation 03:53 – The improvements to the existing Chapter 11 06:15 – Bankruptcy and the existing economy 08:19 – Sen. Grassley’s thoughts on addressing small business challenges 11:32 – The upcoming midterm elections

 Have a guest or topic you’d like to suggest for the show? Submit your ideas at payx.me/thrivetopics

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Aug 02, 2022
Recession? Slowdown? A Few Tips to Turn This into an Opportunity for Your Business
06:51

The construction industry is showing signs of a slowdown, tech is cutting jobs, and banks seem to be anticipating a recession. However, travel is up, household net worth is at all-time highs, and Gene Marks suggests your business can take advantage of the situation and position yourself for the future. Listen to this week’s episode to get a few tips.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jul 28, 2022
In a Time of High Wages and High Costs, the Answer is Technology
28:53

With an economy as uncertain as the one we are facing today, businesses are forced to take on a range challenges, from supply chain issues and the rising cost of doing business, to the Great Resignation and inflation. Listen in as Terence Cummings, VP of Small Segment and Business Operations at Sage talks with Gene Marks about the importance of using technology to help you and your business manage this uncertain time, increase productivity, and improve profitability.

Topics Include:

00:17 – Meet Terence Cummings 04:18 – An introduction to Sage 06:35 – This year’s top challenges for business owners 09:52 – AI machine learning robotics and customer service 12:07 – How CRM technology helps manage customers, equipment, and supplies 12:55 – How Sage connects you to the information they want and need 14:09 – CRM, productivity, accessibility, and cutting labor time 17:59 – Sage’s partner channel and why it’s so critical 22:00 – Utilizing all the software is capable of to make informed decisions 24:47 – The one thing businesses should be doing with Sage

Resources:

Speaking of technology, learn about the latest HR technology trends for 2022 at www.paychex.com/articles/hcm/technology-trends-in-hr.

Payroll technology is another great way to increase productivity, learn about the payroll technology trends for 2022. Learn more at www.paychex.com/articles/payroll-taxes/new-year-payroll-trends.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

 

Jul 26, 2022
Practicing Wage Transparency Can Help Narrow the Pay Gap
05:47

Gene Marks shares his thoughts on the importance of implementing wage transparency as part of your business’s job search and hiring process, regardless of whether your state or locality requires it. Gene suggests that it’s one way to level the playing field for all candidates, plus offers several resources that can help your business learn more about pay scales. Listen to this week’s episode for more. 

Resources:

What is wage transparency? Learn more about the benefits at www.paychex.com/articles/management/pay-transparency.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jul 21, 2022
Bethenny Frankel: Why Business Is Personal
23:51

Bethenny Frankel. Television personality, entrepreneur, philanthropist, and New York Times bestselling author. Whatever comes to mind when you hear her name, there’s one thing you need to know about Bethenny Frankel; when it comes to business, she’s all business. On this episode of THRIVE, a Paychex Business Podcast, Gene Marks talks with Bethenny Frankel about her success as an entrepreneur, her experience as a business owner, and her new book “Business is Personal.” Hear what she shared with us about how ‘stacking’ your time can make you more productive and efficient, what to consider when looking into business investors, the importance of building a team of loyal employees, and much more.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jul 19, 2022
Proposed New Rule Could Strip Independence from Independent Contractors
05:40

Businesses that use independent contractors might be faced with a decision — a financial one — if a proposed new rule goes into effect that would define independent contractors as employees. This could create the need to pay them a wage and qualify them for overtime. It also could impact independent contractors who want more autonomy over their work. Gene Marks discusses these and other potential impacts of the proposed rule on this week’s episode.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jul 14, 2022
Creating Efficiency By Embracing Digital Technology
25:22

René Lacerte, Founder and CEO of Bill.com, knows just how special small businesses are. That’s why he created Bill.com, to help business owners with their financial operations as they relate to accounts payable and accounts receivable. Listen in as René talks with Gene Marks about what Bill.com can do for businesses; the importance of embracing digital technology; how businesses can navigate supply chain, inflation, and high interest rates, and much more.

Topics include:

00:58 – And introduction to Bill.com 04:49 – How can Bill.com make your life easier? 07:58 – The ease of setting up Bill.com 10:03 – Get more done with the same staff 12:47 – The partnership approach of Bill.com 14:33 – Where does Bill.com stand in an uncertain economy? 16:52 – Navigating supply chain, inflation, and high interest rates 20:26 – The future of Bill.com 22:08 – Why businesses need technology like Bill.com

Find out more ways to help improve efficiencies within your company by visiting www.paychex.com/articles/human-resources/improving-operational-efficiency.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jul 12, 2022
Businesses Shift Strategies to Digital and Text Messaging Marketing
07:43

A four-year study of keywords and online search traffic by SEMRush reveals that businesses are all about learning more and gaining ground when it comes to the digital realm. This includes digital marketing services, videos, and text messaging marketing. Host Gene Marks advises getting onboard to build your business and expand your communication with clients. Listen to this week’s “On the Mark” podcast to get additional tips on how best to put these tactics into practice.

Resources:

How to Get Found Online. Listen to THRIVE, a Paychex Business Podcast, as an SEMRush senior VP shares how the right people and plan can get your website noticed.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jul 07, 2022
How The Wage Theft Protection Act Could Impact Your Business
26:27

When it comes to doing business in the construction industry, ensuring your own employees are being paid correctly is not the only thing you need to worry about. With the Wage Theft Protection Act, you must be sure that anyone working on one of your projects, including those employed by subcontractors, are being paid the correct wage, on time, and at the right rate. On this episode, host Gene Marks is talking with Phil Ross and Brian Sanvidge, of the accounting advisory firm, Anchin, Block & Anchin LLP, about the Wage Theft Protection Act, your responsibilities under this legislation, and how to protect yourself and your business.

Topics include:

00:20 – Meet Phil Ross and Brian Sanvidge 02:54 – What is the Wage Theft Protection Act? 05:30 – Paying your employees the right rate – what does that mean 07:44 – Who does the Wage Theft Protection Act apply to? 11:02 – Why a lower cost subcontractor isn’t always better 14:30 – What industries does this impact? 17:32 – What steps can you take? 20:00 – What to do if you find a problem with a subcontractor 22:03 – The importance of reference checking

Have a guest or topic you’d like to suggest for the show? Submit your ideas here.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jul 05, 2022
Three Tips to Help Small Businesses Offset Hiring Challenges During Slowdown
07:05

Compensation, flexibility, and waiting for a deeper talent pool could be the way your small business navigates through this period of inflationary-induced hiring challenges. Gene Marks suggests on this week’s podcast that it starts with paying a competitive salary, but equally important is using your size to do things bigger places can’t — flexible workweeks and coordinated fun days that build culture. Finally, be prepared to scoop up the employees that larger companies might let go if a recession hits.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 30, 2022
Sen. Marco Rubio: The PPP – How It Started And Where It’s Going
26:52

When the shutdowns from COVID-19 began to take effect in March of 2020, Senator Marco Rubio knew that the impact to the economy could be catastrophic if they didn’t act soon. With the looming threats of widespread unemployment, a real estate crisis, and the reality that many small businesses would be wiped out, Sen. Rubio lead the way for the Paycheck Protection Program (PPP). Listen in as Sen. Rubio takes host Gene Marks behind the scenes of the PPP – a look back at how it started, how it went, and where it’s going.

Topics include:

00:19 – Introduction to the episode 01:03 – The numbers of the PPP 01:28 – From a supply chain tool to the PPP 03:50 – Who was a part of creating the PPP 05:16 – The inspiration 06:45 – Sen. Marco Rubio’s thoughts and fears 08:33 – The PPP and fraud 10:30 – Why the banks were slow to react 12:49 – How Sen. Rubio educated people about the PPP 14:41 – Sen. Rubio’s involvement throughout the PPP 16:25 – How bipartisan was the PPP? 18:12 – If he could do it again what would he change? 22:26 – Is there potential for this model in the future? 24:31 – Sen. Rubio talks the impact of the PPP

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 28, 2022
Invest in Employee Health Care, Retirement, and Professional Development
11:10

A survey by the Society of Human Resource Management (SHRM) found that 72% of businesses that responded offer a fully insured health plan, while 95% offer a retirement plan. Another 62% provide remote-work employees a subsidy for equipment. This week’s episode provides details about the additional benefits employers can gain by dedicating financial resources to these and other areas of high interest, according to the survey.

Have a guest or topic you’d like to suggest for the show? Submit your ideas at: http://payx.me/thrivetopics.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 23, 2022
Paralympic Athlete Lex Gillette Talks Diversity, Equity, and Inclusion
21:24

At the age of eight, Paralympic Track and Field Athlete for Team USA, Lex Gillette, lost his eyesight, but that didn’t stop him from finding his vision. In this episode, the second of a two-part series, Lex talks with host, Gene Marks, about diversity, equity, and inclusion (DE&I), the conscious and unconscious biases that exist in business, and how we can overcome those to create a more diverse workforce.

Topics include:

00:19 – Who is Lex Gillette? 02:32 – Diversity and taking off the blindfolds 04:16 – Conscious and unconscious biases in business 11:40 – The importance of having a diverse workforce 13:59 – Stepping into someone else’s shoes 15:58 – Accommodations and diversity objectives

Use our DEI Resource Center for insights on building an inclusive work environment. Visit www.paychex.com/worx/workplace-inclusion-and-diversity

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 21, 2022
Paralympic Athlete Lex Gillette On Finding Your Vision
21:31

At the age of eight, Paralympic Track and Field Athlete for Team USA, Lex Gillette, lost his eyesight, but that didn’t stop him from finding his vision. In this episode, the first of a two-part series, Gene Marks, host of THRIVE, a Paychex Business Podcast, talks with Lex about overcoming obstacles, shifting your mindset, the importance of building a good support system around yourself, facing your fears, and much, much more.

Topics include:

00:19 – An introduction to Lex Gillette 02:11 – Overcoming obstacles 05:31 – Facing barriers in life 09:51 – The importance of a support system 12:48 – Facing your fears 16:04 – How vision can help you see

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 21, 2022
Helpful Strategies Can Grease the Skids When Handling Inflationary Oil Cost Spikes
08:16

Inflation and its impact will be in the news for better part of the year, especially the rising cost of oil and fuel. Gas prices and petroleum-based products that every business uses on a regular basis — even travel and commuting costs — will affect finances. This week’s “On the Mark” podcast looks at a few steps that owners can take now to plan accordingly and hopefully better manage the situation.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 16, 2022
Standing Out to Your Employees: The Key to Retention
24:03

If there’s one thing we’ve learned from the Great Resignation, it’s that business is in fact personal. Especially for employees. As companies look for ways to attract and retain talent during this time of labor shortage, they need to put a renewed focus on organizational culture and employee morale. On this episode of THRIVE, a Paychex Business Podcast, you’ll hear from Dr. Ernest Baskin, Associate Professor of Food Marketing at St. Joseph's University, as he talks with host Gene Marks about why businesses should focus on creating a positive company culture, the importance of treating your employees like family, why employers and managers should be in the trenches, and more.

Topics include:

00:44 – The work of Dr. Ernest Baskin 02:55 – Finding and retaining talent: Is money the answer? 05:44 – A new breed of employees: all about incentives 06:46 – Retaining current employees 09:12 – The importance of building a culture 11:21 – Why managers should integrate with employees 15:35 – Implementing a feedback system 16:46 – Modeling your company culture 18:26 – Where to find employees

Read more about the importance of company culture at www.paychex.com/articles/human-resources/why-culture-management-matters

Find out how to build a culture for your remote team at www.paychex.com/articles/human-resources/how-to-build-culture-in-a-remote-team.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 14, 2022
Accepting Digital Payments Can Positively Impact Your Business
07:13

In this episode of On the Mark, you’ll hear about a new study from PYMNTS.com that surveyed U.S. customers about their bill pay preferences and the appeal of digital billing. Host Gene Marks discusses why small business owners should pay attention to this trend as 41% of customers cite the ease and convenience of digital payments. Learn about the benefits of making the switch to offer digital payments and become a more attractive option to your customers.

Resources:

Learn more about how an upgraded payment technology system can benefit your business at www.paychex.com/articles/finance/contactless-mobile-credit-card-payments.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

 

Jun 09, 2022
The Metaverse is coming. Is your business ready?
31:20

When it comes to the future of the web, it’s all about the Metaverse. But what is the Metaverse exactly? And what does it mean for your business? That’s exactly what Gene Marks and Nathaniel Hunter, COO of InfiniteWorld, are talking about in this episode of THRIVE, a Paychex Business Podcast. Hear what they had to say about what Web 3.0 and the Metaverse are, what’s already being done in this new space, and how it will change the way companies do business.

 

Topics include:

01:01 – What does InfiniteWorld do? 02:04 – Metaverse terminology 02:58 – What exactly is the Metaverse? 03:45 – Web 1.0, 2.0, and 3.0 08:02 – Products in the Metaverse world 10:19 – What InfiniteWorld does for companies 12:39 – The interest in the Metaverse from companies 15:31 – Positioning your business for the Metaverse 17:41 – Digital real estate in the Metaverse 21:10 – What does the Metaverse mean for privacy and security 23:36 – What will make the Metaverse take off?

Have a guest or topic you’d like to suggest for the show? Submit your ideas here.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 07, 2022
5% Don’t Think Cybersecurity is Important. Why Risk It? Take Steps to Protect Your Business
10:05

No business is too small for hackers to ignore. They want data and to create mayhem, and any business that isn’t taking cybersecurity seriously is a prime target. This week’s episode of “On the Mark” shares details on how hiring an IT security firm can be the best move to reduce your risk. The training and tactics provided, which take into consideration your remote workforce, will cost a little now but potentially save you from a financial and reputational hit in case of a cyberattack.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 02, 2022
Executive Leadership Means Learning From Your Peers
28:45

How can a CEO peer group benefit your business? In this episode, you’ll hear from Sam Reese, CEO of Vistage, the world’s largest peer advisory group for executives and business owners at small and mid-size companies. Each month, local groups of about a dozen non-competing leaders of organizations meet to share success strategies, problem-solve, and vet ideas. Learn how Vistage differs from your company’s governing board, and how its global speaker panel, executive coaching, and strategic insight from peers outside your industry can sharpen your leadership skills. And hear how Sam’s own Vistage experience salvaged his tenure as a young CEO and set him on a new course to success.

Topics include:

1:10 - What do 27,000 global members experience? 3:50- How Vistage differs from traditional governing boards 5:07 - Why connecting with leaders outside your industry is healthy for your business 6:35 - Vistage keeps the focus at the local level 9:07 - Member longevity common in Vistage groups 10:33 - What's the buzz on labor shortages, inflation from Vistage members? 12:08 - Vistage confidence index shows leaders face uncertainties 15:23 - How Vistage is helping CEOs address succession planning 19:25 – Two common objections and how Vistage overcomes them 22:49 - Stats show Vistage leaders outperform others; Sam’s own story 25:53 - Indicators Vistage might be a good fit for you

Resources:

One of the best ways for business owners and leaders to support employee engagement is by embracing it themselves. Read our article to learn why at //www.paychex.com/articles/human-resources/how-to-improve-employee-engagement.

Have a guest or topic you’d like to suggest for the show? Submit your ideas at: http://payx.me/thrivetopics.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 31, 2022
Training, Mentorship and Other Tips After Hiring Recent College Grads
07:24

Lots of jobs and employers seeking to hire nearly 32% more college graduates in 2022 than the previous year, according to a recent report, creates a rosy picture for diploma-holding, job-seeking recent grads. “On the Mark” host Gene Marks offers some tips for employers who hire them, including providing mentors, getting them in the office more to learn first-hand, and not underestimating this group’s toughness and ability to work hard. Listen to this week’s podcast.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 26, 2022
Ready For Retirement? Congresswoman Judy Chu On the SECURE Act 2.0
18:20

When it comes to living in retirement, many Americans are at risk of not having enough savings to maintain their standards. That’s why in 2019, The SECURE Act was passed, to address retirement savings plans and provide assistance to employees and employers as they save for their future. Now, 3 years later, the SECURE Act 2.0 has passed in the House, and will soon face a vote in the Senate. Hear from Congresswoman Judy Chu, as she talks with host Gene Marks about the retirement crisis, this latest act, planning for a secure retirement, and what it all means for business owners and their employees.

Topics include:

01:34 – The retirement crisis 02:16 – The SECURE Act of 2019 02:43 – The SECURE Act 2.0 03:08 – Opt-in vs. opt-out programs 06:18 – Increasing the catch-up contribution limits 06:56 – Reimbursement for small businesses 08:27 – Increases the age of distribution 09:49 – Retirement savings lost and found 11:43 – How SECURE Act 2.0 is looking out for domestic abuse survivors 12:46 – Military spouse provision 13:35 – Student provision 14:38 – Low-income and the savers credit

Learn more about the SECURE Act 2.0 at www.paychex.com/articles/compliance/secure-act-changes.

Hear more from Gene Marks about the SECURE Act 2.0 here.

Find out what you need to know about state-facilitated retirement programs at https://www.paychex.com/articles/employee-benefits/8-states-state-sponsored-ira.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

 

May 24, 2022
Resources Supporting Small Business Finding Bipartisan Boost
07:22

Small businesses provided a platform for bipartisanship in the U.S. House of Representatives as a series of bills were passed to reauthorize funding to agencies that provide resources and support — from free marketing advice to retirement consultation — to the backbone of the American economy. Gene Marks shares details on the importance of these agencies to small businesses in this week’s “On the Mark” podcast ahead of the vote in the U.S. Senate.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 19, 2022
Get in the Right Head Space: Dr. Sue Varma Talks Workplace Mental Health
27:09

Once considered a private matter, workplace mental health has become a hot topic in recent years. And as a younger generation enters the workforce, providing employees with the resources and benefits they need to promote their mental wellbeing has become a necessity for companies. In this episode of THRIVE, a Paychex Business Podcast, Dr. Sue Varma, a board-certified psychiatrist who makes regular appearances on multiple media outlets, is talking with host Gene Marks about what business owners can do to provide their workers with the support they need, the benefits of employee mental health programs, and how to create a workplace culture that promotes mental wellness.

Topics include:

00:49 – Who is Dr. Sue Varma and what does she do? 01:52 – Employee trauma and the impact of COVID-19 04:28 – Is working from home the best for your mental wellbeing? 06:32 – The importance of sensitivity when navigating return to work 10:29 – What about those mental health platforms? 11:47 – Investing in employees’ mental health: it’s good for business 14:33 – What business owners can do to help their employees’ mental health 17:13 – Modeling mental wellness for your employees 18:35 – Not just for employees…how employers can improve their mental health 22:41 – What’s the best type of therapist for you?

Resources:

Looking for more resources to help improve employee mental health and wellness? Visit our Employee Mental Health Resource page at www.paychex.com/worx/employee-mental-health.

Read more about the effects of mental health in the workplace at www.paychex.com/worx/employee-mental-health.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 17, 2022
Google Initiative and Proposed Legislation Attempt to Address Skills Gap
06:53

The skills gap is a major issue for businesses. The latest U.S. Department of Labor report reveals 11½ million job openings — many requiring skilled labor — while a study shows talent shortage is among the top 3 most-urgent concerns for employers. Listen to this week’s “On the Mark” podcast to learn about potential legislation and current grant opportunities that could help upskill your employees.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 12, 2022
Spotlight on Texas: The State Support Your Business Can Expect (Part 2)
44:14

In this two-part special event, Gene Marks leads a roundtable discussion on the explosive business growth in Texas. In Part 2, you’ll hear from our second panel of experts how current employment trends are impacting businesses across Texas, and how employers are addressing rising wages and competition. How are state agencies responding, and what resources and training programs connect job seekers and employers, or help boost retention?

Featured guests: John Scott, Texas Secretary of State; Bryan Daniel, Chairman of the Texas Workforce Commission; Denise Hernandez, a longtime catering and restaurant owner in San Antonio;  Kathryn Hardison, reporter covering economic development and real estate in Texas.

Topics include: 6:13 – One employer’s search for staff and rising wages from COVID to today 9:48 – Workforce impact of larger companies relocating to Texas, manufacturing sector, more 13:33 – Texas: the Beatles of small business employment 14:37 - Robust education network in TX will help fill workforce 18:57 - How does immigration reform factor into workforce solutions? 23:05 - Why connecting job seekers to employers takes more than simple matching 25:54 - More focus needed on upskilling and retraining investments; online learning tools available 32:08 - Some job sectors growing, while others, such as hospitality, are strained. 37:58 - Pros and cons of technology that reskills workers vs. replacing their jobs 40:09 - TWC can help employers establish apprenticeship programs 41:57 – Overall, Texas is thriving across multiple industries and sectors.

Resources:

If you're like Denise and own a business heavily based in hospitality, events, or travel, download our whitepaper with research insights on innovating in today’s marketplace at www.paychex.com/secure/whitepapers/hospitality-businesses-innovating-covid19-pandemic.

What are the top business regulations companies are facing in 2022? Read our article at www.paychex.com/articles/compliance/top-regulatory-issues.

Prefer to watch this conversation online as a virtual roundtable video? Access the full dialogue, guest speaker biographies, and additional resources, when you enter your email at our Session 2 event page. 

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 11, 2022
Spotlight on Texas: How Your Business Can Build on the Economic Boom (Part 1)
46:43

In this two-part special event, Gene Marks leads a roundtable discussion on the explosive business growth in Texas. In Part 1, our panel of trade industry and agency experts discuss what’s drawing businesses to Texas and driving its economy. How are they handling hiring, inflation, and supply chain shortages? What innovative solutions do leaders see? 

Featured guests: Cindy Ramos-Davidson, CEO, El Paso Hispanic Chamber of Commerce; Brandom Gengelbach, President and CEO, Ft. Worth Chamber of Commerce; Geoffrey Tahuahua, President, Associated Builders and Contractors (ABC) of Texas

Topics include:

7:33 - Fast pace of TX construction, and need for workers 9:21 - Not a Great "Resignation," but “Re-Think, Re-Adapt.” 12:14 - SMBs retrained workers, who were then poached by larger companies. 13:46 - How could immigration reform help increase the pool of potential workers? 19:04 - Helping SMBs access capital through State Small Business Credit Initiative. 21:55 - Value of trades in developing lucrative, lifelong skills. 24:21 - How are inflation/supply challenges impacting construction, bank loans, etc.? 28:45 - Top challenges for El Paso SMBs reflected in survey findings. 35:50 - Texas is business-friendly; top 3 net DFW transplants from LA, Chicago, NYC 40:30 - Is Texas a recession-proof state for businesses?

Resources:

Considering relocating your business to Texas? Grab our checklist to ensure you’ve covered your bases at www.paychex.com/sites/default/files/2022-05/TX_RT_1287505_RelocationChecklist.pdf

Do your employees come from multiple locations or cross state lines? Access our whitepaper for guidance on building a collaborative workforce at www.paychex.com/secure/whitepapers/collaborative-workforce-across-locations.

Prefer to watch this conversation online as a virtual roundtable video? Access the full dialogue, guest speaker biographies, and additional resources, when you enter your email at our Session 1 event page

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 10, 2022
Study: Employers and Employees Not on Same Wavelength About Mental Health
08:20

Study finds that employers feel that employee mental health is hurting business financially, although they express that workplace mental health benefits are plentiful and doing the job. Employee answers contradict this. Gene Marks says employers must address mental health benefits because ignoring the problem is costing money and good employees. Listen to this week’s “On the Mark” podcast for insights on how to improve the situation.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 05, 2022
Don’t Let Your Top Talent Become Someone Else’s
24:25

As many businesses face the current reality that there’s not enough labor to go around, retaining top talent has become a top priority. That’s why creating the type of environment that makes your employees want to stay is more important than ever. On this episode of THRIVE, a Paychex business podcast, Gene Marks talks with Lisa Ryan, Chief Appreciation Officer of Grategy. Listen in as she talks about the importance of creating a positive workplace culture gives companies tips on ways to help keep your employees.

Topics include:

02:18 – Learn more about Lisa’s company, Grategy 02:54 – The benefits of working for a small company 03:35 – Getting real about wages 04:56 – Hear about the THANKS process of building workplace culture 07:45 – Why performance reviews shouldn’t be once a year 10:37 – How getting to know your employees can make a difference 12:45 – Flexibility is no longer an option 20:18 – Lisa’s thoughts on benefits

Find out more about retaining top talent during the Great Resignation at www.paychex.com/articles/human-resources/employee-wellbeing-great-resignation.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 03, 2022
Marketing Your Business Online – How to Get Found
29:47

When it comes to navigating the digital marketplace, it’s easy to get lost. But with the right knowledge, the right partners, and the right plan, you can learn how to get your website noticed and help your business get found online. On this episode of THRIVE, a Paychex business podcast, we’re talking with Marcus Tober, Senior Vice President of Enterprise Solutions at Semrush, a global software company, about navigating the digital marketing space. Hear what he has to say about everything from SEO to video search and more.

Topics include:

00:46 - Background on Semrush and its offerings 04:07 - How to promote video content in search 06:37 - Strategy for SEO and keyword searching 10:21 - How to best utilize Semrush 12:58 - Localized search results 18:57 - Is working with an agency the right choice? 22:32 - Paid search vs. organic search 27:14 - The future in SEO

Looking for more information about online marketing? Find out how to compete online in this podcast episode.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Apr 26, 2022
Data Says Small Businesses Can’t Bank on Traditional Loans. Here’s Six Alternatives
09:51

Despite 85% of small businesses in 2021 experiencing financial difficulties, data shows that big banks approved only 14.7% of loan requests in the same year. This week’s “On the Mark” episode looks at six alternative funding sources, including SBA loans backed by the federal government, localized grants, online lenders, and more. Host Gene Marks shares his thoughts on the pros and cons of each. Listen to this week’s podcast.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Apr 21, 2022
The 4-Day Work Week: A Case Study for Working Smarter, Not Harder
31:07

For most, the 4-day work week sounds good in principle but will likely never happen. However, at Bolt, the company has not only implemented a 4-day work week – they’ve done so in a thoughtful, methodical way that has delivered increased productivity and work-life balance. Join Gene as he discusses this process with Jennifer Christie, the Chief People Officer at Bolt. You’ll learn why it’s so important to focus on outcomes and not just hours, to make time off as meaningful as time at the office, to allow for flexibility so you can address both employee and customer needs, and to better manage meetings, emails, and other uses of your collective energies.

Topics include:

0:32 -Jennifer’s HR expertise and basics about Bolt 3:08 - Bolt's workforce operations during and post-pandemic 4:17 - Bolt's approach to working from home 7:25- How Bolt implemented 4-day work weeks 11:22- Flexibility needed for customer-facing roles 13:44- How have 4-day weeks impacted time off for employees? 15:35 – Pursuing buy-in from senior managers, business owners 19:42 - How Bolt’s 4-day week pilot took shape 25:32 - How exceptions to the new norm are handled 27:50 - How did different worker generations respond to 4-day weeks?

Resources:

Flexible schedules are more important than ever in balancing work from home culture and the stress associated with it. Find out what we learned when we surveyed of over 1,300 workers around this topic at www.paychex.com/articles/human-resources/flexible-schedules-into-future.

Read more about managing and improving productivity in the modern, flexible workplace at www.paychex.com/articles/human-resources/improve-employee-productivity-in-workplace.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Apr 19, 2022
One Step Closer to Helping Secure a Better-Financed Retirement
09:45

The original SECURE Act put business owners and their employees in great position to reap the benefits of establishing a workplace retirement plan. Gene Marks takes a look at how SECURE Act 2.0 might enhance the benefits if it becomes law: employers would gain increased tax credits, younger employees could use contributions toward student loan debt and older employees could save longer by taking required distributions later. Listen to this week’s “On the Mark” podcast.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Apr 14, 2022
All Things 1099: Understanding Your Tax Reporting Requirements
28:28

If there’s one thing your business can count on, it’s taxes. Given IRS requirements to report any non-wage income on various 1099 forms, Debbie Pflieger, an EY Americas Financial Services Tax Principal, Information Reporting and Withholding Services Leader, visits the show to advise you on all things 1099. Hear why legal names and Taxpayer Identification Numbers (TIN) are important to include, and how to classify your workers as independent contractors vs. employees. You’ll also review recent changes to 1099-K reporting, impacting anyone receiving more than $600 in third-party online payments (such as PayPal, Square, and other apps) in 2022, and what it means for your business.

Topics include:

2:20 - What are 1099s, and how do they work? 3:43- Nuances of a 1099-K ... 4:23 -  ... 1099-NEC, 1099-INT, and 1099-DIV 5:28 - Due dates for IRS and payees 7:05 - SSN, EIN, ITIN for payees is a must 9:28 - Worker classification: employees vs. contractors 11:16 - Matching names, SSNs also critical 14:44 - What about corporations? 15:45 – 2022 change: 3rd party online income $600+ reported 19:35 - Document all expenses tied to online income 20:48 - PayPal, Square, other apps requesting EINs, SSNs ... 22:22 - ... to help you avoid 24% withholding requirements  23:46 - How to report payments to foreign vendors

Resources:

Employment tax reporting is a big responsibility. Read our article that helps you get familiar with the basics at www.paychex.com/articles/payroll-taxes/employers-guide-to-payroll-taxes.

The IRS requires your business to treat payments to independent contractors vs. employees differently. Learn what you need to know about worker classification at www.paychex.com/articles/payroll-taxes/filing-taxes-for-independent-contractors. How can your business prepare now for your 2022 tax year responsibilities? Read our article for tips at www.paychex.com/articles/payroll-taxes/tax-saving-tips-at-year-end.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

 

Apr 12, 2022
Don’t Let Rising Energy Costs Put Your Business Over a Barrel
10:07

This week’s “On the Mark” podcast offers tips to keep things running smoothly for businesses amid higher energy costs. Host Gene Marks shares insights he is hearing and seeing, including conducting energy audits, increasing capital through loans to purchase inventory, and maybe even doing maintenance rather than full-scale overhauls. He also suggests checking out some online sites for best practices. 

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Apr 07, 2022
How is Colorado Gov. Jared Polis Attracting Businesses to His State?
11:31

Jared Polis, Governor of Colorado, and an entrepreneur in his own right, joins the show to discuss the ways his state is helping small businesses succeed. Some initiatives include reducing fees startups would pay to incorporate, temporarily waiving state sales tax for restaurants to offset pandemic pressures, and encouraging apprenticeships to help job seekers upskill into open work roles. Hear how PPP loans have sustained Colorado businesses, the $6 billion in venture capital attracted last year, and what Gov. Polis (D-CO) sees as additional opportunities to ensure a robust recovery.  

Topics include:

0:58 - Colorado reduced business personal property tax 1:34 - Will it be free to start your business there? 2:53 - Many CO businesses received PPP loan support 3:22 - Restaurant sales tax waived for several months 3:57 - Consumer behavior a factor; PPP led to robust recovery 4:52 - Colorado seeking to reduce fees, suspend gas taxes, more 6:14 - Polis urging flexible hiring, ex: 2 PT hires fill 1 FT post 7:49 - Apprenticeships also key in CO workforce readiness 8:37 - Most CO employers paying well above minimum wage 9:42 - Multiple factors attracting startups to Colorado

Resources:

Gov. Polis shared how many Colorado businesses are paying above minimum wage to attract skilled workers. If you employ workers in or from Colorado, read our recent article on changes in some minimum wage provisions that may apply to you at www.paychex.com/articles/compliance/colorado-minimum-wage-order.

Does Colorado’s Equal Pay for Equal Work Act apply to your business? Read our article to learn more at www.paychex.com/articles/compliance/colorado-equal-pay-act.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Apr 05, 2022
Shrinkflation, Communication, and Other Tips to Handle Inflation
09:14

You hear it every day in the news: rising prices, inflation. Don’t just ride it out in 2022. Be proactive to help your business. This episode of “On the Mark” touches upon several tips that can serve your business in navigating inflation, including raising prices strategically using data on specific product lines, over-communicating with customers about raising prices, practicing “shrinkflation” — charging the same price for less product — and most importantly, according to host Gene Marks, buying inventory now. Listen to this week’s podcast.  

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Mar 31, 2022
New Security Threats in our Work-From-Home Era
28:49

Today’s businesses face cyber security threats from almost every side: phishing emails or SMS texts, malware, ransomware, and the added vulnerabilities of remote or hybrid employees’ home networks. Hear from Daniel Clayton, Vice President of Global Services and Support at Bitdefender, a 20-year cyber security company, the current threats that need to be on your business radar, and even how to approach speculation around a Russian cyber attack. And learn why basic protections such as multifactor authentication, device management and monitoring, and employee training, can be some of your wisest investments to mitigate business security risks.

Topics include:

0:44 - Background on Bitdefender and its service arm 3:16 - What can Bitdefender provide for a small business? 5:10 - XDR data provides security vision inside the cloud 5:59 - Potential for Russian cyber attacks? 7:28 - Beware of "help Ukraine" phishing schemes 9:44 - What risk do new third-party payment verification regulations pose? 12:41 - How to improve security while working from home 16:01 - Need for network monitoring 19:21 - Potential risks in supplier parts, home networks, etc. 22:06 - SMBs should focus on multifactor authentication, other basics 23:00 - Security measures to use when traveling

Resources:

How can a cyber security plan boost your productivity while defending your business? Read our article at www.paychex.com/articles/management/cyber-security-and-a-secure-business. Explore whether cyber liability insurance may benefit your business. Visit our information page at www.paychex.com/business-insurance/cyber-liability-insurance.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Mar 29, 2022
Don’t Be Idle: Check Out SBA Loan Deferment, a Study on Return to Office, and Training Paid by Your State
08:01

Businesses that borrowed funds from the COVID-19 Economic Injury Disaster Loan program since 2020 will have extra time to begin repayment after the SBA extended the deferment period. Host Gene Marks talks about the benefits to small businesses, while also sharing insights on a Microsoft survey that showed 50% of leaders wanted their employees back in the office. What is your business doing to remain flexible? Also, some states are reimbursing businesses for getting employees trained in courses provided by the state.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Mar 24, 2022
Suzanne Somers on Growing Yourself and Your Business
40:21

Sometimes our worst losses are opportunities in disguise. So says Suzanne Somers, of “Three’s Company” TV fame, who went into business for herself after show producers terminated her contract when she asked for equal pay. An influencer before the term was invented, her many business endeavors — from the Thigh-Master and Somersizing cruises, to multiple books and organic wellness products, cemented her reputation as a savvy entrepreneur. What insights can business owners like you glean from her experience? And how is her passion for physical health and well-being foundational to her success? Don’t miss this intriguing conversation.

Topics include:

1:20 - Website and brand a natural outgrowth of books 4:58 - TOX-SICK book and origins of Suzanne Organics 6:44 - More interesting, and more alive than ever 7:14 - Self-taught, honorary doctorate awarded for books 10:00 - Discovered in 1973 by Carson; early acting years 12:18 - Pivoting from acting to business, loss of TV contract 13:51 - Self-employed; the shoes and ad that launched Thigh-Master 16:40 - Opportunities in disguise, birth of a wellness brand 19:36 - Quality standards, partnering with doctors and scientists 25:30 - Advice for young entrepreneurs 27:21 - How did she assess the marketplace? 30:10 - Getting help for yourself ... self-confidence ... 34:10 - Leveraging social media to reach followers 35:34 - Surrounding yourself with skilled helpers 38:24 - What's next for Suzanne?

Resources:

How can you ensure your customers embrace your business’s brand online? Read the eight steps we recommend at www.paychex.com/articles/marketing/cementing-your-business-brand-online.

 If you’re just starting as an entrepreneur, how can you position your business as a leader in cost, services, or innovation? Review our guidelines at www.paychex.com/articles/startup/brand-positioning-strategy-guides.

Have a guest or topic idea for the show? Submit your suggestions at: http://payx.me/thrivetopics

Check out how Suzanne markets her books and organic products online at: http://SuzanneSomers.com

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Mar 22, 2022
Remote Work’s Widespread Impact, Passwords are the Past for Information Security
09:05

With 94% of employees in a recent survey indicating that they can do their work from anywhere, host Gene Marks says employers must be flexible to lessen the impact on recruitment and retention, plus aware of compliance issues involving taxes. He also talks about customer preference for Advanced ID techniques to keep their information safe and government’s push to punish those who accessed funds fraudulently and skirted laws during COVID-19. 

Resources:

Read how the hospitality and related industries could face hefty fines for failure to adhere to California’s Right to Recall Law at www.paychex.com/articles/compliance/california-right-to-recall-law.

Learn some simple, low-cost approaches to improving employee retention at www.paychex.com/articles/human-resources/creative-employee-retention-ideas.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Mar 17, 2022
How Spotify Amplifies Business Messaging for SMBs
21:53

Looking for unique, targeted strategies for digital marketing to reach niche audiences for your business? Spotify's popular music and podcast streaming app has become an emerging promotional channel for small- to mid-size businesses (SMBs). Hear Rochelle Sanchirico, global director for SMB marketing for Spotify, describe how its self-service Ad Studio and $250-$500 points of entry offers SMBs a competitive option. Learn how Spotify's audio, video or podcast ads, metrics, and even third-party verification tools can help small business owners like you leverage this streaming service to amplify your messaging.

 Topics include:  

0:55 - Rochelle's background in marketing, SEO, SMBs and more  2:29 - Why audio ads stand out on Spotify 3:44 – Building ads with Spotify's self-serve Ad Studio  5:45 – 190 million ad-supported accounts to target  7:36 - How to target a B2B niche audience: one example  9:36 - How does Spotify produce ads for businesses?  11:31 - "I Love Small Biz NYC" educates and empowers 100 SMBs   13:11 - Costs per CPM to advertise on Spotify  14:54 - Can metrics be verified? If so, how?   16:59 - Podsights and Chartable third-party verification just acquired  18:22 - The value-add: "... where Spotify really shines is ..." 

Resources:

Before you start messaging for your business, you need to master your Unique Selling Proposition (USP). Read our article for tips at www.paychex.com/articles/marketing/do-you-know-your-unique-selling-proposition.

Have a guest or topic for the show? Submit your ideas at: http://payx.me/thrivetopics.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

 

Mar 15, 2022
Hot Topics Gain Energy: Paid Family Leave, Gas Prices, Cybersecurity, and Women Entrepreneurs
08:53

As several states and Washington, D.C., revisit and extend their paid family leave laws, this “On the Mark” podcast offers insights on how more states might take similar action. Host Gene Marks also favors buying inventory now to offset rising oil prices, the hiring of an IT person to ramp up workplace cybersecurity, and for women entrepreneurs to band together to increase success. Listen now

What can your business do to protect itself from cyberattacks? Read about some dos and don’ts at www.paychex.com/articles/management/cyber-security-and-a-secure-business.

Paychex debuts its Women-Owned Business Series. Learn how one physical therapist alleviates pain while pursuing her passion at www.paychex.com/articles/client-spotlight/trumble-physical-therapy.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

 

Mar 10, 2022
Mind, Body, Spirit. Empower Your Business with Mental Wellness
22:29

As an entrepreneur, how can you fuel personal and professional success for yourself, your team, and your business? According to Bershan Shaw, an international motivational speaker, business coach, author, entrepreneur, and tech founder, also seen on “Real Housewives of New York City,” the source is mindset, mental health, and motivation. Hear how this two-time breast cancer “thriver” developed the “URAWarrior” mindset and how committing to mental, physical, and spiritual health has fueled success for herself, her team, and her multiple business endeavors. Learn more about her mental wellness app, URAWarrior, and the advice she offers business owners on vision, passion, teamwork, and the daily tools that help you thrive.   

Topics include:

0:39 - What is the URAWarrior app and method? 2:48 - Mental health for business owners 5:24 - B2B partnerships in place and available 6:17 - Warrior Training International 7:50 - Unstoppable Warrior Woman book and stories 8:33 - How cancer catapulted Bershan forward 11:32 - Mind, body, spirit, business ties together 13:46 - Valuing, motivating, leading your team 15:54 - Delegation and vision fuel entrepreneurship 18:42 - Advice to empower young entrepreneurs

Resources:

Should your business offer a mental health and wellness program to employees? Explore benefits and best-practice guidelines in our article at www.paychex.com/articles/human-resources/creating-mental-health-programs-at-work.

Sign up for updates on the launch of Bershan’s mental wellness app, URAWarrior at: https://urawarrior.com/

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Mar 08, 2022
Manufacturing and Confidence Are Up, Ability to Get Bank Loans Down
10:12

Monthly indexes indicate that manufacturing continues to increase and 90% of small-business owners surveyed are confident that 2022 will be better financially than 2021. However, traditional funding remains hard to secure. Host Gene Marks shares insights about what this means for businesses, as well as a story on how one employer is approaching employee demands for better mental health benefits in a unique way. Listen in as this week’s episode of “On the Mark” provides more details.      

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Mar 03, 2022
Social Media Influencers: Business Help or Hype?
25:44

Influencer marketing has exploded in recent years, but how can small businesses assess whether a social media influencer would benefit their brand? And what influencer marketing KPIs indicate success? Jim Tobin, founder and president of Ignite Social Media, has operated his agency for 15 years. Hear his insights on the variables that can determine the reach, impact, and viability of influencer platforms and campaigns, in both B2C and B2B markets. And learn how your products, services, budget, and timeline should help direct whether you pursue other online marketing options, including paid, organic, content marketing, or search.

Topics include:

1:17 - What is social media marketing? 2:39 - Paid vs. organic social media promotion 4:19 - Can influencer marketing work for small businesses? 7:58 - Finding a social media influencer in your industry 10:17 - Good content can trump influencer reach 12:16 - Influencer success story vs. ... 13:59 -  … influencer catastrophes 16:03 - Variable costs of hiring an influencer 19:47 - What industries fare better with influencers? 20:28 – B2B brands may fare better with blogs, YouTube videos, search 

Resources: Learn more about Ignite Social Media at www.ignitesocialmedia.com.

Could blogging be a cost-effective way to market your business through social media? Read our article for tips at www.paychex.com/articles/marketing/blogging-benefits-for-small-business.

Suggest a guest or topic for the show. Submit your ideas at: http://payx.me/thrivetopics.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

 

Mar 01, 2022
Californians Seek $18 Minimum Wage, Maryland and Atlanta Businesses Might See More Relief
09:56

Californians seeking signatures to get a measure on November ballot that would raise minimum wage to $18 an hour. Host Gene Marks says, according to elected officials, that’s most likely going to be a local level decision, although it might prompt more talk to increase the federal minimum wage. This week’s “On the Mark” podcast also looks at how elected officials in Maryland and Atlanta, Georgia are trying to get small businesses more relief funds to offset lingering effects from the pandemic.  

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Feb 24, 2022
4-Day Week Pilot Programs Igniting Interest
23:33

Think you know what a “4-day work week” means? Think again, says Joe O’Connor, Global Pilot Program Manager for 4 Day Week Global, a non-profit coalition operating pilot programs for businesses worldwide that creates 32-hour work weeks across an organization while maintaining or improving productivity. When business leaders understand the shared goals are quality output and deliverables (for a company) in fewer working hours (for employees), both can embrace the concept as a win-win, Joe says. Hear him share research origins fueling the concept, the momentum building worldwide, how pilot trials are customized for each company, and how businesses like yours can explore joining one in coming months. 

Topics Include:

0:24 - What is 4 Day Week Global? 1:51 - Not a focus on time, but productivity 3:58 - Does "4-day week" need rebranding? 8:17 - Impact on recruiting (younger) talent 11:22 - Engaging your full workforce in a trial is critical 14:23 - Current momentum in 4-day pilot studies 15:57 - How your business can join a trial program 17:28 - How custom schedules might look

Resources:

As businesses emerge from the pandemic, how are employers striving to increase productivity while addressing other factors inherent in remote or hybrid operations? Find helpful tips in our article at www.paychex.com/articles/human-resources/improve-employee-productivity-in-workplace.

 

What are best practices around effective time management as businesses look to increase productivity? Review the guidelines at www.paychex.com/articles/hcm/effective-time-management.

Could revamping the office — or home office — environment help boost productivity? Find insights in our article at www.paychex.com/articles/management/office-environment.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

 

Feb 22, 2022
Masks Down in U.S., Jobs Up in Texas and Tax Savings Golden for Some California Businesses
08:40

Many of the holdouts on maintaining mask mandates have pulled back and hopefully it will spur more job growth in crucial industry sectors of hospitality. Meanwhile, business is booming in Texas around construction, although salary increases lag, and California restaurants and entertainment venues could see savings at tax time involving COVID-19 funding. Listen as Gene Marks offers his take on this week’s episode of “On the Mark.”

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Feb 17, 2022
Reshaping HR Norms to Meet New Workplace Needs
23:57

As employers face the ongoing labor shortage, compounded by the Great Resignation, they’ve got new lessons to learn about recruiting, retaining, and managing employees today. So says Jack Kelly, longtime CEO with the Compliance Search Group, and CEO of WeCruitr.com, which launched at the start of the COVID-19 pandemic. How are businesses managing remote employees or hybrid workers? Why is geographical diversity important? How do employee expectations vary across multiple generations? Further, what strategies can companies use to boost employee engagement? This soup-to-nuts overview of the new HR landscape offers key concepts and strategies for business leaders today.      

Topics include:

0:46 - How WeCruitr.com got its start 2:40 - New blueprint from Danish CEO for recruiting and retention 4:09 - What is psychological safety for employees? 5:02 - How should employers handle sub-par performance? 7:54 - Today's hybrid workplace variables 13:54 - Diversity goes geographic 15:56 - Collaboration challenges in a distributed workforce 18:14 - Keeping employees engaged, celebrating achievements

Resources:

Find best practices to build a strong work culture for remote employees in our article at www.paychex.com/articles/human-resources/how-to-build-culture-in-a-remote-team.

Wondering how to strengthen your workforce through diversity recruiting? Review guiding concepts in our article at www.paychex.com/articles/human-resources/diverse-recruiting-strengthens-workforce.

Check out the Forbes.com article written by Jack Kelly on work practices in Denmark at: www.forbes.com/sites/jackkelly/2022/01/04/leadership-lessons-from-the-happiest-place-in-the-world

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Feb 15, 2022
Surveys: Gen Z Likes Shopping Around — For Jobs and at Stores
09:14

According to several recent surveys reported in various outlets, members of Gen Z like to shop, including 65 percent who said they’d be looking for a new job this year and then nearly 50% who indicated that they preferred going to stores to buy goods rather than online. Gene Marks takes a look at why this might be the case and offers insights on how your business can take advantage of this information. Check out this week’s “On the Mark” podcast for more details.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Feb 10, 2022
Buy or Sell an Online Business in the Virtual Marketplace
29:43

To sell a brick-and-mortar store, you need a real estate agent, but if your company only exists online, you need Flippa. As the virtual realtor for online businesses, Flippa listings include blogs, mobile apps, Shopify or Fulfilled by Amazon stores, SaaS companies, and more. CEO Blake Hutchison visits the show to share insights on evaluating virtual business assets, documenting profits, current trends in the sale of digital real estate, factors that impact selling price, and more. Learn how Flippa connects buyers and sellers online and fills a new niche in the digital age.   Topics include:

2:20 - Blake's career journey 5:32 - What Flippa is and how its marketplace works 6:56 - Unique aspects of selling an online business 8:24 - What businesses are best-sellers on Flippa now? 9:52 - Nuances of selling a business on Flippa 11:26 - Four factors that increase valuation 14:42 - Business longevity, net profits impact selling price 17:12 - Documentation buyers will need to see 19:51 - Buying assets only vs. buying organizations 21:19 - Three ways Flippa sales and commissions work 24:04 - Do business owners "flip" companies on Flippa?

Resources:

How can your business cement its brand online? Learn helpful tips at www.paychex.com/articles/marketing/cementing-your-business-brand-online. If you run a microbusiness and want to better compete online, review our guidelines at www.paychex.com/articles/marketing/6-online-microbusiness-strategy-tips.

Have a topic or guest to suggest for the show? Submit your ideas to: http://payx.me/thrivetopics

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Feb 08, 2022
Take Control of Your Domain: Get a Masking Policy, Secure a URL for Your Website
09:43

If you’re living in a state such as New York where politicians and the courts are playing ping-pong with the masking policies, it might be a good idea to develop a policy that let’s customers and employees know safety is a priority. Gene Marks discusses the topic on this week’s episode of the “On the Mark” podcast, as well as offers insights on how get a website domain name for your business — from good resources to alternative URL endings. Check it out.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Feb 03, 2022
Wells Fargo Grants Put “Hope” In Small Business Success
26:50

Wells Fargo’s head of small business banking, Derek Ellington, visits the podcast to share how the “Hope, USA” grant program and the Open for Business Fund are investing in small businesses to promote economic growth. While the “Hope, USA” initiative has helped revitalize and beautify 16 community business corridors across the country, the Open for Business Fund is investing some $420 million in programs to help support small businesses impacted by the COVID-19 pandemic. Hear more about these funding programs, and the opportunities Derek sees for business owners to access banks and bankers for ongoing advice. Topics include: 2:18 - Derek's role at Wells Fargo 3:42 - Is it a good time to be a small business? 6:14 - What red flags could hamper SMBs from accessing traditional bank loans? 10:06 - Goals of the Hope USA initiative to transform select shopping districts 13:23 - Hope USA partners applicants with a local nonprofit 15:06 - Open for Business Fund also supports SMBs 19:48 - Bankers can support SMBs with regular dialogue, networking introductions, more 24:09 - Why has Wells Fargo launched this initiative?

Resources: How can your business prepare to seek financing and improve your odds of securing this critical support? Read our article at www.paychex.com/articles/finance/securing-small-business-financing.

Where can you find alternate funding sources for your small business? Review your options at www.paychex.com/articles/startup/small-business-funding-need-to-know.

What topic or guest would you like to see on the show? Submit your ideas to: http://payx.me/thrivetopics.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

 

Feb 01, 2022
Struggling to Recruit? Consider Benefits of a Four-Day Work Week
07:35

A study in Iceland has sparked several countries, a few international companies and several in the United States to pilot and even implement a four-day workweek. And guess what? Productivity is up and morale is following. Host Gene Marks shares his thoughts on how this trend might be a solid recruitment tool during a labor shortage and a no-cost benefit that changes how businesses operate. Listen to this week’s “On the Mark” podcast.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jan 27, 2022
CRM: Maxing Out the Value of a Critical Business Tool
37:43

Many businesses depend on customer relationship management (CRM) software to generate sales leads and track client responses. But do these systems garner maximum benefit across a company, with user ease at the forefront? Hear Copper, Inc. CEO, Dennis Fois, describe why its CRM software is built around Google Workspace, and the benefits seen when a CRM complements user productivity. Learn why he advocates centralizing customer data away from email inboxes, and why the nature of your business model — transactional vs. relational — should direct what CRM you use.

Topics include:

3:02 - How does Copper differ from other CRMs? 5:27 - Why and how Copper integrates solely with Google Workspace 9:07 - Shifting from process software to productivity software 12:58 - Are industry-specific (vertical) CRMs necessary? 15:54 - ROI: business growth, existing customers, IP losses with employee turnover 26:50 - The value of top-down company commitment to a CRM 30:43 - Why CRMs need more focus on ease of use 33:01 - AI impact on CRMs, labor force, and decision-making

Resources:

How do customer relationships impact your business and how can you continually improve them? Read our article at www.paychex.com/articles/management/microbusinesses-build-customer-relationships.

In today’s online business environment, how can you nurture customer sales leads to a successful close? Learn more at www.paychex.com/articles/startup/tips-for-closing-a-sale-focus-on-customer.

Want to suggest a guest or topic for the show? Submit your ideas to: https://payx.me/thrivetopics.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jan 25, 2022
Think Smartly About Your Startup, Think Safety Around Your Workplace
07:59

With 5 million applications for startups filed in 2021, the key to any initial success sits squarely in how you prepare before you start. Gene Marks shares advice in this episode of the “On the Mark” podcast, including surrounding yourself with good advisors and proven resources, setting realistic goals around a solid plan to make money, having enough money to make a two-year go at it and being committed to making it work. Also, as the COVID-19 pandemic continues to impact businesses, Gene suggests a few tips for making your workplace safe for employees and customers in light of recent rulings by the U.S. Supreme Court on vaccination and testing.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jan 20, 2022
NBA’s Grant Hill’s All-Star Support for Minority-Owned SMB Grant Program with LegalZoom
27:50

NBA Hall of Famer Grant Hill visits the show to introduce LegalZoom’s Fast Break for Small Business program benefitting minority-owned businesses with funding grants and legal services through a $6M, multi-year initiative. The program supports SMBs led by Black, Latino, Asian, female, immigrant, and LGBTQ+ owners with access to capital, and expertise in legal, accounting, and regulatory services from a network of professionals. Hear how Grant’s family history of entrepreneurship and business experience as co-owner of the Atlanta Hawks spurs his support, and his invitation to women- and minority-owned businesses to pursue these new resources.

Topics include:

2:25 - LegalZoom's $6M partnership initiative for SMBs 3:30 - Family roots of entrepreneurship 4:58 - Access to capital, a professional network, and legal/accounting resources 9:49 - Lessons learned from co-owning the Atlanta Hawks 11:45 - Parallels between athletics and business 13:10 - Grant's personal role, connections, in the Fast Break network 16:12 - "What if?" business alternatives outside athletics 18:12 - His mother's business legacy 24:41 - Final pitch for Fast Break for Small Business

Resources: Learn more and sign up for email alerts to apply for the next round of Fast Break for Small Business grants by visiting www.legalzoom.com/fastbreakforsmallbusiness. What tech-based business solutions from Paychex could meet your small business needs? Explore our offerings at www.paychex.com/business-solutions/small-business-solutions. What guests or topics do YOU want to hear on THRIVE? Submit your suggestions to us at: payx.com/thrivetopics

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jan 18, 2022
Tax Reporting Change Kicks In with 1099-K: IRS Knows When You’re Using Payment Services
06:38

Small business — particularly freelancers and independent contractors — who use PayPal, Venmo, Zelle or other digital payment services to put money in their accounts will have such transactions reported to the IRS by the third party if the amount totals $600 or more in a given year. They’ll also receive a 1099-K, starting in 2022, which means the IRS will know the income earned and businesses will be responsible to pay taxes on such income. Listen as Gene Marks shares more insights on the change in this week’s episode of the “On the Mark” podcast.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jan 13, 2022
PEP Talk: Helping Businesses Save on Retirement Offerings
23:09

If you want to offer or improve retirement savings plans for your employees, or if your business operates in a state where retirement planning is now mandated, what advantages could a Pooled Employer Plan (PEP) provide? Longtime retirement planning consultant Kelly Michel shares how a PEP plan can reduce your costs, minimize your fiduciary liability, and may even garner business tax credits, while still offering your workers the traditional benefits of a 401(k) plan.  Topics include:

2:33 - Kelly's background in Multiple Employer Plans 4:12 - What's a Pooled Employer Plan (PEP)? 5:24 - How the 2019 SECURE Act impacted PEP plans 7:05 - U.S. savings crisis, need for these plans 8:48 - Value of professional plan management 11:14 - Should employers with existing 401(k) plans switch to a PEP? 17:48 - Advantages of PEP vs. state-run IRA programs 18:34 - What's the future around 401(k) and PEP plans?

Resources: What are five major benefits your small business can gain from a Pooled Employer Plan (PEP)? Read our article at www.paychex.com/articles/employee-benefits/pooled-employer-plan.

How do 401(k) plans help your employees access and save for a dignified retirement? Learn more at www.paychex.com/articles/employee-benefits/what-is-a-401k.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jan 11, 2022
Focusing on Mental Health in the Workplace is a No-Brainer in 2022
10:10

A Paychex survey conducted in late 2021 revealed that more than 60 percent of employees indicated well-being support was a top priority when looking for work, while improved workplace mental health benefits also were highly desired. In this week’s “On the Mark” podcast, host Gene Marks offers some practical suggestions — from training and coaches to flexibility of hours and kickball — for employers to consider that could make a difference in employee mental well-being at work. 

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jan 06, 2022
Capital. Networking. Education. EY’s opportunities for black and Latino entrepreneurs.
33:32

In this episode, Gene Marks talks with EY’s Lee Henderson, Audit Partner, Americas EY Private Leader, and Executive Sponsor of the EY Entrepreneurs Access Network. It’s in this latter role that Lee is really making an impact on black and Latino entrepreneurs. Hear the results of his team’s survey of this group and learn what EY is doing to continue the positive momentum of 2021. If you’re a minority entrepreneur, if you're looking for funding, if you're looking for resources, and most importantly, if you want to get into a network of people who can help you grow your business, you’ll learn why these are the types of opportunities you’ll want to take advantage of.

Topics include:

3:19 – Background on EY's middle-market practice 7:05 – Highlights of the survey of black and Latino entrepreneurs 11:46 – Understanding the unique needs of minority entrepreneurs 16:36 – Connecting minority entrepreneurs to capital 21:51 – Details on the Entrepreneurs Access Network 25:16 – How to apply to Entrepreneurs Access Network 30:45 – How this model is being adopted by other organizations

Resources:

With information from the U.S. Small Business Administration and other resources, this Start-Up Guide will show you who to talk to and what it takes to get your business off the ground and financially secure at www.paychex.com/secure/whitepapers/fund-your-business

Though the Paycheck Protection Program (PPP) is no longer a funding option, read this Securing Financing for Your Small Business article to learn about alternative small business financing options, as well as lender options and how to prepare for a loan at www.paychex.com/articles/finance/securing-small-business-financing

To learn more about EY's Entrepreneur Access Network, visit ey.com/ean.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jan 04, 2022
7 Ways to a Safer Workplace, Including COVID-19 Vaccination Mandates
14:41

Workplace safety is top of mind for employers and employees alike. Gene Marks suggests seven ways — from staying ahead of the compliance curve on COVID-19 vaccination mandates and mask policies to conflict training and investment in technology to increase automation and cut down on the number of people at work. The host of “On the Mark” offers insights he shares with his clients to help businesses get back to and stay at work safely. 

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Dec 30, 2021
Upgrading Hardware Tech for New Workplace Norms
20:55

Given today’s remote and hybrid workforce needs, how are small businesses approaching computer hardware technology? Hear from Lindsey Greathouse, director of global SMB marketing for Lenovo, one of the world’s largest personal electronics brands, as she shares how the company differentiates its service solutions for the mobile devices, laptops, and accessories now considered commodities. How have these tech tools helped foster productivity and connection in the new work-from-home and hybrid work environments, and what’s the future of the industry, given advances in artificial intelligence?

Topics include:

2:02 - Career path recap 4:53 - Lenovo's diversified portfolio of products 8:33 - Delivering continuity for SMB remote work needs 13:16 - Partner network innovations, right to repair 14:39 - Look for flexibility, scalability, security as a future focus 17:17 - Subscription-based, as-a-service access growing 18:10 - How will hologram, AI technology impact hardware?    

Could new HR technology help your small business workforce become more productive? Check out the findings in our recent whitepaper at: www.paychex.com/secure/whitepapers/hr-technology-the-future-of-work.

Do you have a topic or guest to suggest for the show? Submit your ideas at: http://payx.me/thrivetopics

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Dec 28, 2021
There’s Money to be Found in Tax Credits and Deductions
12:01

As 2021 winds down, Gene Marks reminds employers they can still take advantage of tax credits and deductions to infuse money into their operations. The CPA and small-business owner hosts this episode of “On the Mark” to offer insights and advice on eight ways to save on taxes — from hiring select groups of individuals such as military veterans and helping employees pay down student loans to helping employees save for educational expenses to purchasing equipment to help your business. Plus, these advantages will be available in 2022 and some even beyond that. Listen to this week’s podcast for more.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Dec 23, 2021
Leveraging Reddit to Reach Business Prospects
25:24

Is the long-running Reddit platform, with its multitude of online groups formed around topic-specific sub-channels (subreddits), becoming a viable option for small business advertising? And what does product or service promotion look like inside a social media platform built on chats? Hear from Timo Pelz, vice president of business marketing for Reddit, on the ways business owners can leverage conversation and community — staples for the platform — to add value for users and align within dynamic discussions. Plus, hear how Reddit is branching into audio and visual, within its focus on authentic, engaging conversation.  

Topics include:

2:28 - The "towns" and communities of Reddit 4:59 - Reddit's advertising goals: minimal disruption 6:21 - How is Reddit's ad platform developing? 8:27 - How can small businesses reach prospects on the platform? 14:21 - Context, content, and conversation on Reddit 18:12 - Can businesses create subreddits for promotion? 19:40 - How limited disclosure fosters authenticity 21:58 - Will audio and video change Reddit's interface?

Resources:

Blog content can help a business “soft sell” on a platform like Reddit. Learn how-to’s on blogging for your business at: www.paychex.com/articles/marketing/blogging-benefits-for-small-business.

Discover a content community that may align with your business at: http://reddit.com.

Have a topic or guest to suggest for the show? Send your submissions to: http://payx.me/thrivetopics.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Dec 21, 2021
5 Tips to Help Your Business Counter Inflation
10:20

Businesses could be dealing with inflation due to rising prices and supply chain issues for the next year or more, so it’s important to have a strategy. This episode of On the Mark offers five tactics businesses can consider that might help navigate any potential challenges. Host Gene Marks, a CPA and small-business owner, shares what he has discussed with his clients, including raising prices and using targeted communication through a customer relationship management system to accomplish this. He also suggests practicing shrink-flation by delivering less product while holding prices steady. Consider getting into long-term contracts to reduce risk, as well as buying as much inventory now and finally investing in technology to improve efficiencies.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Dec 16, 2021
Taking Stock: Inventory Innovations in the Information Age
25:41

Any business selling products is dependent on inventory management to fulfill customer needs, but many companies haven’t mastered this critical aspect of operations. Hear Lucas Miller, vice president of implementation for Fishbowl, the global leader in inventory control solutions, explain best practices in stock management, trending innovations, and key metrics that can empower smarter inventory planning and leaner warehousing. Further, learn why the shift to automated stocking software calls for veteran staff at the helm, and how pain points in managing inventory data can point to a need for improved business processes.

Topics include:

3:23 - Supply chain shortages reveal inventory management challenges 4:57 - How has physical counting changed today? 7:26 - Barcoding is about accuracy, not speed 9:32 - QR codes: trend vs. traction 11:02 - How does RFID differ? What's the forecast for RFID? 12:49 – Avoiding the challenge of overstocked obsoletion 15:25 - Robotics, automation impact on manufacturing 17:22 – Process changes necessary for modern inventory automation 21:00 - Key inventory metrics: ABC codes, reorder levels

Resources:

As you manage inventory, you’ll need to understand the cost of goods sold. Learn more at: www.paychex.com/articles/finance/what-is-cost-of-goods-sold. Explore inventory management software at: http://FishbowlInventory.com

Is there a topic or guest you’d like to submit for the show? Send in your ideas at: http://payx.me/thrivetopics

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Dec 14, 2021
Economic Injury Disaster Loans: Tap into Millions Before 2021 Ends
08:13

Businesses still searching for financial help to offset cash flow disruptions created by the COVID-19 pandemic should listen to the recent episode of the “On the Mark” podcast as host Gene Marks reviews the benefits of an Economic Injury Disaster Loan (EIDL) program. The program ends Dec. 31, 2021, so time is running out to take advantage of the program. Learn about eligibility, interest rates, the favorable 30-year term to pay back the loan and more. Plus, certain businesses might qualify for EIDL grants such as targeted advances and supplemental advances, possibly infusing more than $10,000 into your business that can help with operating expenses. 

Resources:

Learn how the SBA Enhances Economic Injury Disaster Loan Program with Higher Borrowing Limit at www.paychex.com/articles/human-resources/sba-economic-injury-disaster-loan-program.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Dec 09, 2021
Help or Hindrance: Big Tech’s Impact on Your Business
32:58

Google. Facebook. Amazon. How do these three tech companies dominate online search and advertising options for small businesses competing for visibility in the online marketplace? Gilad Edelman covers the intersection of Big Tech, politics, and law for WIRED magazine. Hear his insights on the power and impact of these online marketing giants, what practices might define them as monopolies, and whether pending lawsuits or other national actions could curtail their current influence on business competition. Topics include:

4:04 - Analysis of Parler's removal from app stores 8:59 - Why sole-platform businesses need backup plans 12:12 - Customer service pains in the internet economy 13:36 - Three markets Google monopolizes 17:51 - Is small business stagnating despite cheap ads? 20:23 - Will a third member join the online ads duopoly? 21:49 - The new shift in Amazon search 26:42 - Antitrust legislation odds Big Tech may face 29:53 - Could the FTC set new rules regulating Big Tech?

Resources: Review best-practice strategies to compete against larger competitors at: www.paychex.com/articles/marketing/how-to-succeed-business-competition.

What’s omni-channel marketing and how can you leverage it for your small business: Learn more at: www.paychex.com/articles/marketing/what-is-omni-channel-marketing.

What would you like to hear on THRIVE? Suggest a topic or guest for the show at: http://payx.me/thrivetopics.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Dec 07, 2021
Employee Retention Tax Credit: Why Leave the Potential for Big Money on the Table?
07:44

Business owners looking to infuse meaningful money — potentially tens of thousands of dollars — into their operations should check into whether they are eligible for the Employee Retention Tax Credit. CPA and small-business owner Gene Marks debuts the “On the Mark” series, sharing details about the credit, how to determine eligibility, why some of his clients favor ERTC over Paycheck protection program loan forgiveness and how Paychex can help.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Dec 02, 2021
Mastering E-Commerce Challenges Emerging from the Pandemic
22:48

During the pandemic, online shopping skyrocketed, straining the bounds of e-commerce scale and service capabilities. As we emerge from the pandemic, supply chain shortages further frustrate customers and businesses awaiting delivery of goods. However, Vivek Pandya, senior digital insights manager at Adobe, shares analysis on the e-commerce trends showing remarkable growth, and the opportunities for small businesses to leverage big-box pressure points to service and attract customers.

Topics include:

3:02 - How Adobe aggregates data to analyze trends 5:14 - What the out-of-stock notification rate reveals 8:01 - Consumer perspectives on product availability 12:35 - Shortage impacts in electronics 14:04 - Buy Now, Pay Later: origins and innovations 16:40 - Increases in curbside pickup with online orders 18:46 - Advantages of early discounts for small businesses 19:22 - Spending forecast for this holiday season

Resources: If your small business does not yet have an online presence, learn how to get started at www.paychex.com/articles/management/how-to-put-a-business-online.

Selling to customers out-of-state? Find out if you are required to collect online sales tax at www.paychex.com/articles/compliance/supreme-court-ruling-online-sales-tax.

Have an idea for a show topic or guest? Submit your suggestions to: http://payx.me/thrivetopics.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Nov 30, 2021
Help at the Holidays: Emergency Bill Seeks to Relieve Cargo Ship Bottlenecks
09:23

Will the Supply Chain Emergency Response Act bill proposed by U.S. Senator Rick Scott (R-FL) rescue the businesses and families impacted by supply chain shortages at the critical holiday sales season? In this special episode, hear specifics of his plan to fix the supply chain disruption by offering incentives to reroute cargo ships from the West Coast through the Panama Canal to Florida and East Coast ports instead. Could this be a quick win for American businesses, jobs, and families? 

Topics include:

  • What spurred this proposal?
  • What are specifics of the proposal?
  • How likely is it that Congress will enact this bill?
  • What funding could make it possible?
  • If enacted, how soon could goods reach store shelves?

UPDATE: As of Nov. 17, Sen. Scott’s bill has been blocked in the Senate’s Commerce, Science, and Transportation committee and has not yet reached the full Senate floor for a vote.  

Track the progress of this proposal at: https://www.congress.gov/bill/117th-congress/senate-bill/3224/committees

Resources:

Need ideas for Small Business Saturday promotions? Check out our tips at: www.paychex.com/articles/marketing/small-business-saturday-ideas. Want to suggest a guest or topic for the show? Submit your ideas at: http://payx.me/thrivetopics.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Nov 23, 2021
The Reach Factor: Neil Patel on How Small Businesses Compete Effectively Online
32:01

Google AdWords vs. Organic SEO. Facebook. Instagram. LinkedIn. When it comes to online marketing, how can small businesses stretch limited dollars over multiple platforms to reach customers effectively? And how can they compete against larger companies with massive marketing budgets? Neil Patel, recognized as one of Forbes’ top 10 marketing influencers, shares insights and growth marketing strategies your business can leverage across social media, digital ads, and your company website, to earn the best bang for your buck.

Topics Include:

2:27- Are Google Ads worth the cost? 5:29 - How can SMBs compete with larger firms? 9:11 - Let ROI determine marketing channels 11:32 - Predicting what Google will do next 15:25 - Competitive advantages of Facebook ads 17:12 - LinkedIn favors content creators 19:36 - Why LinkedIn ads are so costly 21:34 - How to use photo-focused platforms for recruiting 23:51 - Red-flag warnings for social media newcomers 28:57 - How do businesses evaluate a digital marketing agency?

Resources:

Learn more about Neil Patel and his digital marketing resources at: http://npdigital.com What successful marketing habits should small business owners develop? Read our 5-minute summary: www.paychex.com/articles/marketing/10-marketing-habits-small-business-owner-should-have.

Want to suggest a topic or guest for the show? Submit your ideas at: http://payx.me/thrivetopics.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Nov 16, 2021
Forecasting Future Success for Franchises
29:40

Franchise owner-operators are facing current challenges on several fronts: labor shortages, uncertainties around pending vaccine mandates, and pressures from potential expansion of joint employer classification with national brands. Meanwhile, wages and benefits are up, and opportunities for veteran- and minority-owned franchises continue to grow. Hear from Matthew Haller, president and CEO of the International Franchise Association (IFA), how the organization advocates for its members, and the data that shows why franchising remains a proven path to success for many entrepreneurs.

Topics include:

3:22 - Functions and focus of the IFA 5:54 - Higher wages, better benefits for new hires 7:02 - Some brand ads now push hiring, not product 11:22 - Where, how are franchisees finding hires? 14:01 - Could joint employer expansions harm franchising? 19:11 - Impact of OSHA vaccine mandate 20:16 - IFA supports for veteran- and minority-owned franchises 24:37 - What's changed in franchising?

Resources:

Is staffing a challenge for your franchise? Find tools and tips with our article "How Franchise Owners Can Recruit Top Employees" at www.paychex.com/articles/human-resources/how-to-recruit-franchise-employees.

What HR tech tools could help save valuable time as you manage your franchise? Learn more at www.paychex.com/articles/hcm/how-franchises-can-benefit-hcm. Have a topic or guest to suggest for the show? Submit your ideas here: http://payx.me/thrivetopics.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Nov 09, 2021
Could a 4-Day Work Week Be On the Horizon?
24:18

With many U.S. workers emerging from the pandemic seeking more flexible working hours, could a 4-day work week become a new standard for business? Hear why U.S. Rep. Mark Takano (D-CA) has proposed an hourly change to the standard work week, the different shapes it could take across various sectors, and which companies might be the first to give it a try.  Topics Include:

5:03- History of the 5-day, 40-hour work week 6:38 - What shape could a 4-day week take? 10:25 - How might different sectors implement it? 14:06 - Which firms could launch a new trend? 16:56 - Union Eligibility: PRO Act vs. CA-AB5 21:31 - Misconceptions on the PRO Act

Resources:

What benefits do part-time employees qualify for? Read more at: www.paychex.com/articles/employee-benefits/5-things-about-offering-benefits-for-part-time-employees

Send us topics and guests you'd like to hear at payx.me/thrivetopics.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Nov 02, 2021
On Guard: Why IT Security Remains a Business Priority
36:26

Whether it’s compromised emails, phishing attacks, ransomware or more, IT security risks are a key concern for businesses today. When might passwords disappear in favor of biometrics? What is “smishing” and how could it impact you? In this episode, WIRED magazine senior writer Lily Hay Newman shares her expertise on trends happening in the field of information security and digital privacy, and why she advocates disclosing data breaches to improve IT safety for all businesses. 

Topics include:

2:36 - The tenor of tech reporting 7:28 - Why passwords are problematic 10:26 - Vulnerabilities in multi-factor authentication 15:29 - Biometrics can still carry risk 22:22 - Why reporting ransomware attacks is wise 26:55 - Compromised emails are top concern 28:48 -"Smishing" a new threat 32:05 - Reducing your personal "attack surface"

Resources:

How can your Small Business improve your data security? Learn more at with our article "What is Cyber Security and What Does it Mean for Your Business?" at www.paychex.com/articles/management/cyber-security-and-a-secure-business.

Concerned how to protect your business data while employees work from home? Find tips at: www.paychex.com/articles/management/cyber-security-tips-working-from-home.

Send us topics and guests you'd like to hear at payx.me/thrivetopics.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Oct 26, 2021
Warning to Businesses: Brace for Impact of U.S. Debt
30:18

Hard times are coming for the ship of state, says economic analysts Antony Davies and James R. Harrigan. As Congress raises the U.S. debt ceiling again, while the national debt and government overspending spiral past the bounds of reality, harsh outcomes loom on the economic horizon, they warn. How can businesses prepare to minimize the painful realities that could come sooner than preferred? Don’t miss Part 2 of this conversation on debt, inflation, and what’s showing in the lines of our national ledger.

Topics include:

2:28 - Debt ceiling, overspending, inflation 5:31- Social Security insolvent in 10 years 6:55 - What's your $20 worth? 8:00 - Could the U.S. default on its debt? 15:00 - Historic debt trends 16:37 - Constitutional concerns 18:53 – Is U.S. debt too high to pay off? 22:46 - Takeaway? We’re bankrupt 23:05 - Preparing for financial pains ahead 25:17 - Two blows to business in new tax plan 27:50 - Hope in the people's productivity

Resources:

Got an idea for a topic or guests for the show? Submit your suggestions at: http://payx.me/thrivetopics.

Listen in to the Words & Numbers podcast by Antony and James at www.patreon.com/wordsandnumbers.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Oct 21, 2021
Brace for Impact: The Coming Pressures of Inflation
28:12

The signs are clear: inflation isn’t just on the way, it’s already here. That’s what economic experts Antony Davies and James R. Harrigan tell host Gene Marks in this episode, the first of two on inflation, U.S. debt, and the nation’s economy. How did we get here, and where might we be going? Whether rising prices, Federal Reserve actions, supply chain shortages, or labor force impacts have you concerned, hear the steps they recommend to buffer your small business for the bumpy road ahead.

Topics Include:

2:11 - The misinformation around inflation 6:07 -  Modern Monetary Theory (MMT)  12:05 - Why more gov’t money spurs inflation 14:30 - Supply chain shortages and price jumps 16:57 – Are CPI increases tied to extra unemployment benefits? 20:09 - Shortages in labor, and on shelves 22:40 - Borrowing in the face of inflation 27:06 - Is inflation ever "good?"

Resources:

Could long-term debt be a tool you leverage to grow your business? Learn more at: www.paychex.com/articles/finance/long-term-debt-expand-your-business

Got an idea for a topic or guests for the show? Submit your suggestions at: http://payx.me/thrivetopics.

Listen in to the Words & Numbers podcast by Antony and James at www.patreon.com/wordsandnumbers.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Oct 19, 2021
Shake It ’Til You Make It: Zumba® Creator Beto Perez’s Rise to Success
30:05

Zumba® creator Beto Perez, a native of Colombia, brought his passion for music and dance into the fitness world and took it by storm. His story epitomizes the American dream for entrepreneurs: starting with nothing but a vision and hard work, then watching it succeed beyond imagination. Zumba dance workouts and classes are beloved by millions, and now reach more than 185 countries, while the brand includes instructor certification, sub-brands, and apparel. Celebrate Hispanic Heritage Month with this inspirational story from one of Latin America’s most renowned entrepreneurs.  

Topics include:

1:32 - Childhood love of dance 3:07 - First dance job at age 15 6:45 - Lambada dance competition win leads to more success 11:01 - Arrival in America and a key audition 13:47 - Choosing a future business partner 15:32 - The sales pitch that started it all 18:20 - Shifting the business model 19:49 - Scale, global success of Zumba fitness 21:46 - Adding new products to the brand 24:41 - New gym: City Zero 27:30 - What’s next? Sub-brand and … movie?

Resources:

Want to suggest a potential guest or topic for a future THRIVE episode? Share your ideas at: http://payx.me/thrivetopics.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Oct 12, 2021
It’s Not Business as Usual for Retail
29:56

While you thought e-commerce and the pandemic might signal the end of retail, it’s alive and well, says Tom McGee, president and CEO of ICSC. Thanks to tech innovations, changes to physical store layouts, and a shift to service customers’ last mile of delivery, retail has been reborn. Further, a look beyond the shopping malls of yesterday will show that essential retailers and experience-oriented service providers have transformed commercial real estate hubs into modern centers of community life.

Topics include:

1:46 - ICSC's historic roots, current focus 3:14 - Convergence in retail real estate service communities 6:42 - Shift to service, experience trends in retail properties 9:05 - Advice to retail entrepreneurs 11:40 - E-commerce, technology impacts on store layouts 15:39 - Increase in leasing demand 18:13 - Benefits of stores as last mile of delivery 23:49 - Growth opportunities across the U.S. 25:20 - Retail’s potential in the modern marketplace

Resources:

Learn whether buying an existing business may be right for you: www.paychex.com/articles/startup/pros-and-cons-of-buying-a-business. Concerned how to protect your commercial property from unexpected impacts? Read our article, Should I Have Commercial Property Insurance? at  www.paychex.com/articles/employee-benefits/what-is-commercial-property-insurance.

Read our Top Small Business Trends to Know for 2021 at www.paychex.com/articles/management/small-business-trends.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Oct 05, 2021
Season 2 Finale: Rising Costs, Labor Shortages are Top Issues for Businesses in 2021
27:55

Host Gene Marks wraps up season two of the Paychex Business Series podcast with advice for businesses facing the biggest issues of the year—rising costs and workforce disruptions. First, how can entrepreneurs and business owners like you tackle the challenges of inflation and supply chain increases? And what strategies—including higher pay, lifestyle benefits, federal tax credits, and referral sources—can you use to compete for employees in today’s tight labor market?

Resources:

To explore how the Work Opportunity Tax Credit could help your business navigate the current hiring crisis, visit: www.paychex.com/articles/payroll-taxes/latest-work-opportunity-tax-credit-developments

To dig inside wage and employment trends by national, regional, state, metro, and industry segments, visit the Paychex | IHS Markit Small Business Employment Watch at www.paychex.com/employment-watch.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Sep 21, 2021
Running Your Business Safely in a COVID-19 Era: The Best of Season 2
27:59

In the era of COVID-19, business safety has been prioritized more than ever. From cybersecurity to disease prevention, Gene looks back on some of the best conversations he’s had with experts this season. Tune into the first half for a recap with Rick McElroy, Principal Cyber Security Strategist at VMware, as they discuss how companies can avoid cyber attacks and utilize security tools. Listen into the second half for a talk with Infectious Disease Epidemiologist, Saskia Popescu, on COVID-19 health protocols and how businesses can create a safer work environment.

Resources:

Keep your business safe from costly cyber attacks with Paychex Cyber Liability Insurance. Visit payx.me/cyber21 for more information.

Learn how to prepare a safe workplace for your employees in COVID-19 by reading our article, Workplace Safety and Returning to Work: Guidance for COVID-19 at www.paychex.com/articles/human-resources/workplace-safety.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Sep 14, 2021
Diversity & Inclusion: How The Manufacturing Institute is Innovating the Global Workforce
27:31

Our population is a diversity of different ages, genders, and skills for hire. However, recruiting labor is still one of the largest issues facing businesses. To resolve this, Executive Director Carolyn Lee of The Manufacturing Institute, supports programs like FAME, Second Chance Hiring, and the STEP Women's Initiative. Listen in as she talks with Gene Marks about these innovative campaigns to sustain and empower the global workforce.

Resources:

Are you an owner of a manufacturing business? Learn how to hire and manage your workers in our free Whitepaper, “HR: The Power Fueling the Growth of Your Manufacturing Business”: www.paychex.com/secure/whitepapers/fueling-growth.

Find out more about The Manufacturing Institute's motives and initiatives at: www.themanufacturinginstitute.org/

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Sep 07, 2021
How the Infrastructure Bill and PRO Act Will Impact Contractors in America
29:22

The Infrastructure Bill and PRO Act are both legislations that have major impacts on the American construction industry. With deadlines nearing, where does the Infrastructure Bill stand and will the PRO Act benefit contractors? In this episode, Gene Marks speaks with CEO Steve Sandherr of The Associated General Contractors of America on his views of these two bills and the concerns they may present to general contractors.

Resources:

Learn more about what the PRO Act means for the construction industry at www.agc.org/protecting-right-organize-pro-act

For more information about employees and contractors, check out our article, Independent Contractor vs. Employee: What Can These Workers Offer Your Business?  at www.paychex.com/articles/payroll-taxes/independent-contractor-vs-employee-comparison.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Aug 31, 2021
How the American Farm Bureau Federation Helps Farmers Stay in Business
28:12

How do we help farmers stay in business in a modernizing society? Today’s America sees inflation, corporation-led farm equipment, and insufficient labor. Zippy Duvall, President of the American Farm Bureau Federation, is addressing these issues by giving a united voice to the agricultural community. Hear as he speaks with Gene Marks on the Right to Repair, the Infrastructure Bill, and more.

Resources:

Hear more about how the American Farm Bureau Federation is pushing for prosperity in agriculture: www.fb.org/issues/infrastructure/broadband.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Aug 24, 2021
Wellness in the Construction Industry: How the PRO Act and Infrastructure Bill will Impact Workers
32:38

The Associated Builders and Contractors Association values not only the physical safety of workers, but their wellness, happiness, and mental health. With the hit of COVID-19, human health has become an even larger commitment. Hear as Gene Marks speaks with President and CEO of the ABC, Michael Bellaman, about the ABC’s motives as well as his insights on the newly passed PRO Act, Infrastructure Bill, and the future of the industry.

Resources:

Where safety is a priority in the construction industry, learn more about how OSHA protects workers with our article, A Look Inside OSHA, Where Safety Is the Job, at www.paychex.com/articles/human-resources/a-look-inside-osha.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Aug 17, 2021
Direct Loan Forgiveness, 60/40 Rule, and More: What to Know About the Paycheck Protection Program
14:28

As the COVID-19 pandemic pushes on, covering expenses grows difficult for small businesses. The SBA is taking the lead to help owners by expanding its Paycheck Protection Program. So, what new changes can owners expect? Listen in as Gene Marks speaks with Connor Mykins on the Direct Loan Forgiveness Portal, 60/40 rule, and how you can apply for forgiveness.

Resources:

Planning on applying for a PPP loan? Calculate your loan forgiveness with our easy-to-use PPP Loan Forgiveness Estimator at www.paychex.com/business-loans/loan-forgiveness-estimator

Want to take the next step? Automatically apply or find out if your lender offers SBA’s Direct Loan Forgiveness Portal here: directforgiveness.sba.gov/requests/borrower/login/?next=/

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Aug 10, 2021
Senator Ben Cardin on Creating Opportunities for Minority Communities
21:50

As new markets emerge in the U.S economy, the Senate is working to ensure growth in our diverse minority communities. In today’s episode, Gene Marks is joined by Senator Ben Cardin, part of the Senate Committee on Small Business and Entrepreneurship. Hear as he talks about three bills he’s supporting to develop, fund, and uplift minority entrepreneurs.   

Resources:

Want to know more about the importance of diverse small businesses? Check out this article, Business Owner Diversity: A Look at Certified Business Enterprises in the U.S., at www.paychex.com/articles/management/business-owner-diversity.

Learn about diverse recruiting with our article, Diversity Recruiting Strategies that Strengthen Your Workforce, at www.paychex.com/articles/human-resources/diverse-recruiting-strengthens-workforce.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jul 27, 2021
The Seven Core Principles Behind the Art of Influence That Can Benefit Your Business with Dr. Robert Cialdini
34:27

Having spent over 30 years designing, conducting, and publishing peer reviewed research on the ethical applications of influence and why people say yes to requests, Dr. Robert Cialdini joins host Gene Marks to talk about the seven core principles behind the art of influence. Listen in as they talk about how reciprocity, scarcity, authority, commitment and consistency, liking, consensus, and unity can help persuade people and how they relate to businesses like yours. 

 Resources:

For more ways to get customers to return to your business, read our article 7 Tips on How to Get Return Customers at www.paychex.com/articles/marketing/how-to-get-customers-to-return.

Get tips and techniques on how to attract customers, in How to Refine Your Customer Acquisition Strategy at www.paychex.com/articles/marketing/how-to-refine-customer-acquisition-strategy.

 

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jul 20, 2021
With Cyber Attacks on the Rise, What Can You Do to Protect Your Business?
30:21

Currently a $1.5 trillion market, the cyber crime economy just continues to grow. So, is your business prepared with the security it needs to protect against a cyber attack? On this episode of the Paychex Business Series podcast, Gene Marks is talking with Rick McElroy, Principal Cyber Security Strategist at VMware, about what businesses need to do to protect themselves. Hear as he talks about the different types of cyber crimes, the security threats you may face with a remote workforce,  how to protect your company, and much more.

 Resources:

Want to learn more about cyber security? Read our article, What Does Cyber Security Mean to Your Business? at www.paychex.com/articles/management/cyber-security-and-a-secure-business?

For more tips on data security read our article, Data Security Tips for Employees Working from Home at www.paychex.com/articles/management/cyber-security-tips-working-from-home.

Wondering about other ways to protect your business from a cyber attack? Read our article, Cyber Liability: Why Your Business Needs It at www.paychex.com/articles/human-resources/cyber-liability-insurance-why-your-business-needs-it.

 

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jul 13, 2021
The Future of the Small Business Administration and What it Means for You
19:10

On this episode of the Paychex Business Series podcast, host Gene Marks talks with Isabella Casillas Guzman, Administrator of the Small Business Administration (SBA). Hear what she had to say about the future of the SBA, future financing models, the expansion of SCORE, and more.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 29, 2021
Small Business Impacted by COVID-19: Rep. Sharice Davids Supports 4 Bills to Help Local Businesses
25:31

In Kansas, small business owners, new and old, struggle to adapt to the changing economy and modernization needed to survive during COVID-19. Congresswoman Sharice Davids, of the House Small Business Committee, is working to support these entrepreneurs through community lending, grant funding, and tech resources. Tune in as she speaks with Gene Marks about the 4 bills she’s sponsoring to help local small businesses navigate during the pandemic.

Resources:

Learn more about how the pandemic has changed small business with our article, Top 6 Small Business Trends to Know for 2021 at www.paychex.com/articles/management/small-business-trends.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 24, 2021
Paychex President and CEO, Martin Mucci Talks Employment, Benefits, Business Outlook, and More
25:00

In this special episode of the Paychex Business Series podcast, Gene Marks sat down with Paychex President and CEO, Martin Mucci, at the recent Paychex Business Conference 2021 to discuss the business outlook and what it all means for companies like yours. Listen in as they talk about what he’s seeing on the labor front, what the future may hold for supply chain, new ways of attracting employees, tax credits for employers such as the Employee Retention Tax Credit and the Work Opportunity Tax Credit, getting creative with benefits, and more.

Resources:

For more insights into wage and employment trends on a national, regional, state, metro, and industry basis, take a look at the Paychex | IHS Markit Small Business Employment Watch at www.paychex.com/employment-watch.

Be sure to watch our other great sessions from the Paychex Business Conference 2021 at www.paychex.com/thrive.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 22, 2021
Helping Small Businesses in the Pandemic: Congressman Scott Fitzgerald Sponsors the Microloan Transparency and Accountability Act
21:55

In this pandemic, small businesses continue to struggle with funding, reliable employment, and lack of technology to compete with larger corporations. As a member of the small business committee, Congressman Scott Fitzgerald recognizes these issues and is sponsoring the Microloan Transparency and Accountability Act to ensure their future. Hear as he speaks with Gene Marks on the importance of SBA microloans, solutions for labor disruption in Wisconsin, and how bipartisan collaboration between government and state can help small businesses.

Resources:

Get more business information on our COVID-19 Help Center at www.paychex.com/coronavirus-resources.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 17, 2021
An Economic Forecast: Inflation, Interest Rates, National Debt, and More
25:28

The conversation of inflation is definitely in the air, but what exactly is driving it, what are the inflation expectations, and what are the predictions for the next few months and years? Gene Marks is talking with Chief Economist of Moody’s Analytics, Mark Zandi, about just that. Listen in as Mark talks about the impact of inflation, interest rates, the national debt and more, on your business, and the economy.

For a insights into wage and employment trends on a national, regional, state, metro, and industry basis, take a look at the Paychex | IHS Markit Small Business Employment Watch at www.paychex.com/employment-watch.

Check out to Mark's new podcast, Moody's Talks - Inside Economics, that focuses on key indicators and the global economy.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 15, 2021
Increasing Work Incentive: Rand Paul on Raising Minimum Wage, the Family and Medical Leave Act, and the PRO Act
17:38

As the new ranking member on the Senate Committee on Small Business & Entrepreneurship, Senator Rand Paul sees firsthand how policies affect the working community. Listen in as he speaks with Gene Marks on the unseen aspects of raising minimum wage, the Family and Medical Leave Act, and the PRO Act. While these policies intended for workers sound beneficial, learn why they may actually discourage competition and work incentives in the market.

Paychex continues to speak with policymakers on both sides of the aisle about policies and ideas shaping small businesses. Make sure to follow us so you don't miss out on these upcoming episodes.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 10, 2021
Women in the Workplace: The Past, the Present, and the Future
29:06

The Women’s Bureau, part of the Department of Labor, is the only federal agency mandated by Congress to work exclusively on issues that affect women in the workplace and represents their needs as wage-earning women in public policy process. Wendy Chun-Hoon is the Director of the Women’s Bureau, and she recently talked with host Gene Marks about what employers need to know. Listen in as she discusses everything from occupational segregation within certain job sectors, how the pandemic impacted women’s employment, the importance of policy as it relates to paid leave and child and elder care, the employer’s role in helping women thrive in the workplace, and so much more.----more----

Resources:

Learn more about creating a fair and equitable workplace for parents and caregivers, read our article Family Responsibilities Discrimination at Work at www.paychex.com/articles/human-resources/discrimination-against-parents-and-caregivers.

Wondering how the pandemic has impacted work-life balance? Find out in our article, COVID-19, Careers, and Childcare at www.paychex.com/articles/human-resources/balancing-careers-and-childcare.

Learn more about the American Rescue Plan paid leave tax credits with the IRS Fact Sheet and the White House Fact Sheet.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

 

Jun 08, 2021
Hiring Our Heroes: How to Employ Dependable, Critical Thinking Veterans in a 21st Century Workforce
25:22

Veteran unemployment was a national crisis in 2011. Hiring Our Heroes has helped our Veterans and their spouses, connecting them with businesses of all sizes for free. In this episode, Gene Marks explores with Eric Eversole, President of Hiring Our Heroes, the ins and outs of employing a diverse workforce that is focused on problem solving and teamwork. Learn how Hiring Our Heroes have created opportunities, the pros of employing our veterans, and how to secure good employees in today’s 21st century workforce.

Resources: 

Learn more about veteran hiring with our article, Changes in Approach by HR Can Improve the Recruiting and Hiring of Military Veterans at www.paychex.com/articles/human-resources/improve-recruiting-and-hiring-military-veterans

See how small businesses in the United States have evolved tremendously over the last decade with our article, The New Generation of Business Owners is Here at www.paychex.com/articles/startup/new-generation-diversity-reshaping-us-small-business.

Visit Hiring our Heroes at www.hiringourheroes.org

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 01, 2021
Employee Retention Tax Credit (ERTC): Answers to Your Most Asked Questions
19:24

Hear answers to your most asked questions about the COVID Employee Retention Tax Credit with Andy Gargana, Senior Federal Compliance Analyst at Paychex. The Employee Retention Tax Credit has been extended through the end of 2021. This episode will dive into your most asked questions, including how to interpret the new law, eligibility criteria for your business, and how it is calculated even if you received a PPP loan.

Resources:

For more information on the Employee Retention Credit, read our article, Employee Retention Tax Credit Extended to End of 2021 by American Rescue Plan Act at www.paychex.com/articles/compliance/employee-retention-credit.

For additional resources from the IRS, visit: www.irs.gov/coronavirus-tax-relief-and-economic-impact-payments.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 27, 2021
Mental Health Series: The Importance of Mental Health for You, Your Employees, and the Culture of Your Company
22:53

Mental health has increasingly become a hot topic, especially as it relates to work and the workplace. According to Dr. Krystal Lewis, a Clinical Psychologist at the National Institute of Mental Health (NIMH), happier employees leads to more productivity and a happier workspace. But it doesn’t stop there. Just as important is the mental health of you, the business owner. Listen in as she talks to Gene Marks about the importance of making positive mental health a priority. Hear as they talk about everything from transitioning back to the workplace and dealing with work frustrations, to exercise, napping, and getting outside. 

Resources:

For more information about mental health in the workplace, download our free guide How Are Your Employees Feeling? A guide to Workplace Mental Health at www.paychex.com/secure/whitepapers/workplace-mental-health-guide.

And for more great mental health resources, visit our Improving Employee Mental Health and Wellness page at www.paychex.com/worx/employee-mental-health.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 25, 2021
Congressman Tim Burchett Talks Three Significant Bills That Could Mean Big Things for Business Owners
27:43

Formerly a businessman himself, Congressman Tim Burchett, the U.S. Representative for Tennessee’s 2nd congressional district, has made it a priority to help business owners in any way that he can. With the introduction of three bills, the Opportunity Zone Extension Act, the Microloan Transparency and Accountability Act, and the Prison to Proprietorship for formerly Incarcerated Act, Congressman Burchett is hoping to give businesses opportunities for tax incentives while also helping people and places in need. Listen in as he talks with Gene Marks about the bills that he is sponsoring, as well as what his thoughts are on labor disruption, unemployment benefits, and getting employees back to work.

Resources:

Interested in other important regulatory challenges you may face? Read our article Top 10 Regulatory Issues Facing Businesses in 2021 at www.paychex.com/articles/compliance/top-regulatory-issues.

For more information about the different types of financing options available to, read the article Securing Financing for Your Small Business at www.paychex.com/articles/finance/securing-small-business-financing.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 20, 2021
Mental Health Series: Total Worker Health. What is It? Why is It Important? And How the CDC Says You Can Help Improve it.
21:50

The past 15 months have been tough on our entire country. From our physical safety to job uncertainty, isolation to financial stress – people have had to carry a lot on their shoulders. But what does that mean for you as a business owner? A lot says Dr. L. Casey Chosewood, from the Centers of Disease Control. Dr. Chosewood says that by focusing on the Total Worker Health of your employees, you can not only help them, but help your company as well. Hear as he explains the importance of introducing policies, programs, and practices that increase your employees opportunity to become healthier…not just physically, but mentally as well.

Don’t miss Dr. L. Casey Chosewood and Gene Marks at the Paychex Business Conference. Register now at www.Paychex.com/thrive.

Resources:

 For more information about mental health in the workplace, download our free guide How Are Your Employees Feeling? A guide to Workplace Mental Health at www.paychex.com/secure/whitepapers/workplace-mental-health-guide.

Learn more about the NIOSH Total Worker Health® Program at www.cdc.gov/niosh/twh

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 18, 2021
Mental Health Series: Improving You and Your Employees’ Mental Wellbeing in the Virtual Workplace
24:08

Cathleen Swody, Founding Partner and Director of Assessment from Thrive Leadership, talks with Gene Marks about ways employers and employees can improve their mental health with re-entry into the workplace and in a virtual work environment. Hear what she has to say about opening lines of communication, the mental health benefits you can offer to employees, and why business owners should also take some time away.

Resources:

Employees might be struggling more now than ever before brought on by the pandemic, according to a Paychex survey conducted in late 2020. Download our e-book for suggestions on how to make your workplace safe and productive. www.paychex.com/secure/whitepapers/workplace-mental-health-guide

Challenging times are ahead for employers with employees returning to the workplace with mental health stressors. Find critical insights into what employers can do to help at www.paychex.com/articles/human-resources/mental-health-at-work-during-covid19

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 11, 2021
Creating a COVID-Safe, Energy Efficient Workspace
24:22

Energy efficiency has long been a topic of conversation. Couple that with how the current COVID-19 pandemic has brought the importance of air quality within a building, there’s a lot for business owners to think about. Listen in as Gene Marks talks with Wade Conlan, Commissioning and Energy Discipline Manager at Hanson Professional Services, Inc, about creating a safe physical working environment for your employees. Hear what Wade has to say about getting the most out of your current systems and processes, the future of touchless building design, how business owners can actually save money by being energy efficient, and much more.

Resources:

Looking for more information on creating a safe work environment? Read our article, Workplace Safety Doesn’t Happen by Accident at www.paychex.com/articles/human-resources/workplace-safety-does-not-happen-by-accident.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

 

 

May 04, 2021
It’s Not Just For Online Businesses – How PayPal is Helping Brick-And-Mortar Companies Too
25:08

When you hear PayPal, you may instantly think e-commerce. But according to Peggy Alford, Executive Vice President of Global Sales for PayPal, the company is helping businesses of all kind – both online and offline – to create a seamless commerce journey. Listen in as she talks with host, Gene Marks, about changing consumer expectations, how PayPal is helping businesses go global, and more.

Resources:

To hear more ideas on how companies are adapting their business, read our article, Adapting Your Business to the New Normal at www.paychex.com/articles/human-resources/adapting-to-the-new-normal.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Apr 27, 2021
Business Safety as We Emerge From COVID-19 with Infectious Disease Epidemiologist and Infection Preventionist, Saskia Popescu
28:41

When it comes to infectious diseases and infection prevention, Saskia Popescu, is an expert. As an Assistant Professor in the Biodefense Program at the Schar School of Policy and Government at George Mason University, Saskia knows the incredible impact that infectious disease can have on society – whether it be on a pandemic, or on a smaller scale. On this episode, Saskia is talking with host Gene Marks and sharing what they’ve learned about COVID-19 and intervention strategies, including masks, cleaning surfaces, temperature checks, vaccination, and travel safety, and how business owners can work to create a safer environment for their employees and customers.

Resources:

Wondering what role, if any, your organization should play in motivating employees to get the COVID-19 vaccine? Watch our webinar, Vaccination and the Workplace: Key Considerations at www.paychex.com/secure/seminars/covid-vaccine-in-workplace.

Learn more about promoting workplace safety during COVID-19 with our article, Workplace Safety and Returning to Work: Guidance for COVID-19 at www.paychex.com/articles/human-resources/workplace-safety.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Apr 20, 2021
Small Business Employment Watch: Job Growth as America Starts Reopening From COVID-19 Pandemic
17:18

As America starts reopening and vaccinations start ramping up, Paychex Small Business Employment Watch shows a significant increase in job growth in March, the highest rate seen in eight years. Curious about what this all could mean for employment in the small business sector? Gene Marks speaks with Frank Fiorille, VP of Risk, Compliance, and Data Analytics from Paychex, to dive into the current trends for hiring, unemployment, and wages for small businesses.

Also, learn about what opportunities are available for COVID-19 relief that small businesses must take advantage of. 

If you enjoyed this episode, make sure to hit follow so you won’t miss out on the latest small business insights.

Follow Paychex on Facebook @Paychex and Instagram @Paychex_Inc

Follow Gene Marks on Twitter @genemarks

Resources:

View the latest results of the Paychex Small Business Employment Watch at www.paychex.com/employment-watch

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Apr 13, 2021
How Goldman Sachs is Educating Small Businesses with Their “10,000 Small Businesses” Program
23:40

Goldman Sachs saw the large impact that the small business community has on the U.S. economy and on our communities, and decided to launch the 10,000 Small Businesses program, a philanthropic initiative that provides education, capital, and support services. Eleven years since it’s launch, the program has just over 10,000 graduates. Listen in as Joe Wall, Managing Director of Government Affairs at Goldman Sachs, and National Director of 10,000 Small Businesses, talks with Gene Marks about this great program and how it’s helping small businesses find success.

Resources:

Learn more about the 10,000 Small Businesses Program by visiting www.goldmansachs.com/citizenship/10000-small-businesses/US/.

To learn more about best practices to help you manage your business download our free resource, An Essential Guide for Business Owners and Managers at www.paychex.com/secure/whitepapers/essential-guide-business.

Looking for more information on small business financing options? Read our article, Securing Financing for Your Small Business at www.paychex.com/articles/finance/securing-small-business-financing.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Apr 06, 2021
How Social Media and Networking Helped the Box of Oddities Podcast Reach 10 Million Downloads
22:27

What started out as a “side job” for Kat and Jethro Gilligan Toth, quickly turned into a focus for both. Their “Box of Oddities” podcast, has reached nearly 10 million views in just 2 years. Listen in as Kat and Jethro talk with host Gene Marks about how they came up with the idea, what they’ve done to market their podcast, how they are using social media, the importance of networking, and tips for those looking to start their own podcast.

Resources:

To learn more about how to market your business, download our free whitepaper, Startup Guide: Market Your Business, at www.paychex.com/secure/whitepapers/market-your-business.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Mar 30, 2021
How the Philadelphia 76ers are Making Moves Off the Court to Help Put Black-Owned Businesses on the Map
24:21

Historically, black-owned businesses have faced a unique set of social, financial and policy challenges that have created disparities that are difficult to overcome. That’s why the Philadelphia 76ers along side of David Gould, Chief Diversity and Impact Officer, have made a commitment leveraging their organization to help these businesses succeed. Listen in as David talks with Gene Marks about the history of black-owned businesses and how that has impacted them today, resources that are available to these business owners, and how the Sixers “Buy Black Program” is providing resources for local businesses.

Resources:

Looking to understand more about diversity and inclusion as it relates to your business? Read our article, “Diversity and Inclusion in the Workplace" at www.paychex.com/articles/human-resources/diversity-and-inclusion-in-the-workplace.

Learn more about the Buy Black program at www.nba.com/sixers/community/buy-black.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Mar 23, 2021
How the American Rescue Plan Act of 2021 Handles Tax Credits Like ERTC and FFCRA and What They Mean for Your Business
19:31

With the signing of the American Rescue Plan Act of 2021 by President Biden on March 11, 2021, there have been some changes and additions to tax credits that business owners should know. On the third episode of this three-part series, Andy Gargana, Senior Federal Compliance Analyst at Paychex, is talking with Gene Marks about everything you need to know when it comes to tax credits under the third stimulus. Listen in as they talk Employee Retention Tax Credit (ERTC), the Families First Coronavirus Response Act, the new COBRA tax credit, and much more. 

Resources:

To find out more about what’s in the third stimulus bill and how it’s impacting small businesses, read our article “President Signs $1.9 Trillion American Rescue Plan Act.”

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Mar 16, 2021
Third Stimulus Bill Expands Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL)
15:31

On March 11, 2021 President Biden signed the American Rescue Plan Act of 2021 into law. This $1.9 trillion stimulus bill includes modifications and changes to the Paycheck Protection Program and the Economic Injury Disaster Loan (EIDL). Listen in to part two of this three part series as Gene Marks talks with Paychex Compliance Analyst, Connor Mykins, about the expansion of these two programs and what small business owners need to know, including an expansion of the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL), the approaching March 31st deadline for the PPP, and more.

Resources:                                                                                             

To find out more about what’s in the third stimulus bill and how it’s impacting small businesses, read our article “President Signs $1.9 Trillion American Rescue Plan Act.”

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Mar 16, 2021
What’s in the Third Stimulus Bill and How It’s Impacting Small Business Owners
24:04

On March 11, 2021, President Biden signed into law the $1.9 trillion stimulus bill, also known as the America Rescue Plan Act. In this first episode of a three part series, host Gene Marks is talking with Senior Manager of Government Relations for Paychex, Thad Inge, about everything you need to know. Hear about the updates to the Paycheck Protection Program, the Economic Injury Disaster Loans, the Employee Retention Tax Credit, Families First Coronavirus Response Act, as well as how this relief bill is helping the hard hit restaurant industry.

Resources:

Visit our COVID-19 Help Center for the latest tools and resources at paychex.com/coronavirus-resources.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Mar 12, 2021
The SECURE Act Helps Attract & Retain Talent Using Tax Incentives to Start a 401(k)
23:21

If you are a small business owner, a 401(k) plan is within your reach. Your business is never too small to offer a 401(k).  With costs for starting a 401(k) for you and your employees at an all-time low, now is the time to give it another consideration.

Gene Marks sits down with Daniel Notto and Meghan Jacobson from J.P. Morgan to simplify federal incentives, which can help make a 401(k) obtainable for your small business. Also, learn how a 401(k) is a way to help your small business attract and retain talent to gain a competitive edge.

Resources:

Download our free whitepaper: How a 401(k) Can Give Your Business a Competitive Edge

View our article: The SECURE Act 2.0: A Look Ahead for 2021

Read Dan Notto's bulletin: Congress Enacts Major Retirement Plan Legislation

Read Meghan Jacobson's 401(k) Small Business Survey

If you enjoyed this episode, make sure to hit follow so you won’t miss out on the latest small business insights.

Follow Paychex on Facebook @Paychex and Instagram @Paychex_Inc

Follow Gene Marks on Twitter @genemarks

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Mar 09, 2021
Andrew Zimmern Talks About the Challenges Facing the Restaurant Industry
27:52

Andrew Zimmern started off working in the restaurant industry when he was 14 years old. Today, he is one of the most knowledgeable personalities in the food world. Andrew has spent his career learning everything he could about the restaurant business and industry – from the kitchen and operations all the way to marketing and policy. Now, he’s talking with Gene Marks about the state of the industry, before, during, and after the onset of the COVID-19 pandemic. If you are a chef, restaurant manager, budding restaurateur, or anything in between, this is a must listen to episode.

Resources:

For information on running your restaurant, check out our guide: Run Your Restaurant without Running Ragged

Get the information you need in your road to recovery by downloading our free guide: SMBs & COVID-19: Peer Insights for Rebuilding and Recovery.

Follow Paychex on Facebook @Paychex, Instagram @Paychex_Inc, and Twitter at @Paychex

Follow Gene Marks on Twitter @genemarks

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Mar 02, 2021
How Marketing on Instagram Has Helped Ron Everline Grow, Scale, and Connect His Business
20:26

When Ron “Boss” Everline decided to open a gym, he never realized what an impact he could make on individuals’ lives. That’s when he realized that training people was his calling in life. Now, 11 years later, Ron’s company Just Train, has over 1 million followers on Instagram. Listen in as he talks about, why he chose Instagram over other social media platforms, how he’s used it to help authentically build a following and referral source for his company, how he has positioned himself to stand out amongst a crowded market, building a brand, and more.

Resources:

To get more tips on social media strategies, read our article 5 Minutes a Day to a Better Social Media Strategy.

For more great information on how to market your business, download our free guide Startup Guide: Market Your Business.

Follow Paychex on Facebook @Paychex and Instagram @Paychex_Inc

Follow Ron "Boss" Everline on Instagram @justtrain

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Feb 23, 2021
Pivoting Your Business (and Thriving) During COVID
26:02

With COVID-19 changing consumer buying behavior, small businesses have had to pivot quickly to meet customers where they are. For small business owners, how do you know if you are making the right decision when considering offering online payments or upgrading your payment technology?

In this episode, Gene Marks tackles these tough questions with Leslie Pearce, Senior VP of Inside Sales at Fiserv. You will hear in-depth insights into what small business owners need to succeed, and how a POS platform such as Clover can simplify these challenging tasks for a small business owner. In addition, Leslie provides details around the Fiserv Back2Business program, a multi-pronged initiative to invest $50 million in minority-owned business owners and the ecosystem of community organizations serving diverse entrepreneurs.

Resources:

Learn how businesses across the U.S. are pivoting to a new normal in our whitepaper SMBs & COVID-19: Peer Insights for Rebuilding and Recovery.

The Fiserv Back2Business program is accepting grant applications from minority-owned small businesses in Atlanta, Chicago, Milwaukee, New Jersey, New York, and soon to be Oakland. Qualifying businesses can receive up to $10,000 in COVID relief funds. Businesses can apply at aeoworks.com/Fiserv.

If you enjoyed this episode, make sure to hit follow so you won’t miss out on the latest small business insights.

Follow Paychex on Facebook @Paychex and Instagram @Paychex_Inc

Follow Fiserv on Twitter @fiserv and LinkedIn @fiserv

Follow Clover on Twitter @clovercommerce and on Instagram @clovercommerce

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Feb 16, 2021
Congressman Blaine Luetkemeyer Talks Building the Economy and Supporting Small Businesses
32:56

As ranking member of the House of Representatives Small Business Committee, Congressman Blaine Luetkemeyer has some insight into some key economic topics affecting small business owners today and in the future. From his stance on the proposed national minimum wage increase, current unemployment benefits, and the national debt to the hot topic of worker classification, where he sees the future of bi-partisan agreements, and more – hear what he has to say in this episode of our business podcast.

Interested in learning more about key topics impacting businesses? Read our article, Top 10 Regulatory Issues Facing Businesses in 2021.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Feb 09, 2021
Senator Cory Booker Provides Insights for Small Business Owners
17:04

On this episode of the Paychex Business Series podcast, host Gene Marks is talking with U.S. Senator Cory Booker of New Jersey. Hear what the senator has to say about the minimum wage increase to $15 an hour and what that means for small business owners, the focus on low- and moderate-income area businesses in the new stimulus bill, and potential bipartisan agreements we may see in the future that will help the country as a whole. 

Learn more about the recent stimulus bill by reading, “Nearly $900B Relief Act Becomes Law, Includes Funds for Second Round of Paycheck Protection Program Loans.

Stay tuned for episode 35 as we'll be speaking with Congressman Blaine Luetkemeyer (R-MO) and getting his thoughts on the current economic status.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Feb 02, 2021
How the Second Stimulus Bill is Providing Tax Benefits for All Businesses
14:15

Whether you have been impacted by COVID-19 or not, the new stimulus bill has some tax benefits that may help your business. In this episode of the Paychex Business Series podcast, host Gene Marks and guest Andy Gargana, Senior Federal Compliance Analyst at Paychex, are digging into these benefits. Hear as they talk about deferred taxes, tax credit for the Families First Coronavirus Relief Act (FFCRA), the different types of employment tax credits available, as well as the tax benefit if you lost money in 2020, 2019, or 2018.

Learn more about the recent stimulus bill by reading, “Nearly $900B Relief Act Becomes Law, Includes Funds for Second Round of Paycheck Protection Program Loans.”

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jan 27, 2021
Everything You Need to Know About the Employee Retention Tax Credit (ERTC)
18:11

On December 27, 2020, the new COVID-19 fiscal relief package was signed into law. One of the significant changes that came with this second stimulus bill is to the Employee Retention Tax Credit (ERTC). In this episode, Gene Marks is talking with Stephen Dombroski, Senior Compliance Manger at Paychex. Hear everything you need to know about the ERTC, including what it is, who’s eligible, and how to claim it.

Learn more about the recent stimulus bill by reading, “Nearly $900B Relief Act Becomes Law, Includes Funds for Second Round of Paycheck Protection Program Loans.”

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jan 26, 2021
How the New Stimulus Bill is Helping Businesses in the Arts Industry
09:29

The new Stimulus Bill includes a grant program dedicated to businesses in the arts industry that have been hit hard during the COVID-19 pandemic. With the Shuttered Venue Operator (SVO) Grant Program, $15 billion in grants have been dedicated to helping live venues that have seen a 25% or greater loss in revenue in 2020. Hear what Thad Inge, Senior Manager of Government Relations at Paychex, has to say about the requirements of this new grant, who qualifies, and more.

Learn more about the U.S. Small Business Administration’s Shuttered Venue Operator Grant Program.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jan 25, 2021
How This New Round of Paycheck Protection Program (PPP) Loans is Helping Businesses in Underserved Areas
11:20

The new Stimulus Bill has brought more loans and grants for businesses in the U.S. But did you know that your address could help you during this process? When looking back at the data from last round of Paycheck Protection Program (PPP) loans, many businesses in low- and moderate-income (LMI) areas were overlooked. Listen in as Thad Inge, Senior Manager of Government Relations, talks with Gene Marks about how the new PPP is focusing on businesses in underserved areas.

Visit our website to learn more about the Paychex Protection Program and how businesses can qualify for a second round.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jan 25, 2021
Round Two of the Stimulus Bill and the Economic Injury Disaster Loans (EIDL) Are Getting Money Out to Businesses Quickly
09:03

In the most recent Stimulus Bill, $20 billion is set to fund the Economic Injury Disaster Loans (EIDL), providing businesses with two options: apply for up to two million dollars with a 30-year maturity, and/or apply for a grant that is $1,000 per employee, up to $10,000. Find out more details on the EIDL and what it means for your business as host Gene Marks talks with Thad Inge, Senior Manager of Government Relations at Paychex.

To apply for an EIDL loan or grant, visit sba.gov.     Visit our website for additional resources on the fiscal relief package.    

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jan 22, 2021
A Second PPP is Here – Get the Facts and Guidance You Need
15:51

With the latest Stimulus Bill came a new round of Paycheck Protection Program (PPP), including opportunities for a second draw. Tune in as Gene Marks talks with Connor Mykins, compliance expert at Paychex, as they discuss key takeaways from this more targeted program, including another round of loans, required documentation, approved expenses, and loan forgiveness.

Visit our website to learn more about the Paychex Protection Program and how businesses can qualify for a second round.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jan 22, 2021
Why Creating Diversity in the Workplace is Worth the Effort
28:13

According to Sarah Morgan, CEO of BuzzaRooney, LLC, organizations who focus on diversity alongside equity and inclusion, are far more successful than organizations that don’t. In this episode, Sarah talks with Gene Marks about the importance of representing the community you live in and the clients you are seeking in the workplace in order to help break down barriers. Hear as she talks about why it’s so important to make a conscious effort to diversify your business, organizations you can partner with to help in your search, and more.

To understand more about diversity and inclusion, read our article “Diversity and Inclusion in the Workplace.”

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

 

Jan 19, 2021
Managing the Future of a Successful 150 Year Old Family-Owned Business
17:38

Founded in 1870, Graeter’s Ice Cream is on it’s fourth generation of family ownership. President and CEO of Graeter’s, Richard Graeter, knows that when it comes to running a business, innovation is important to keep up with the times. He also knows that while looking towards the future, it is important to honor the past and what has made them successful. In this episode, Richard talks with host Gene Marks about why they choose to continue using the slower, labor-intensive process of ice cream-making that his great-grandmother used 150 years ago and how that has helped differentiate them, the importance of trust in the transition of a family-owned business from one generation to another, the benefit of bringing on non-family talent, and more.

For more tips and insights on how to avoid conflict in a family business, read our article, “Managing Family Business Conflicts for the Good of the Company.”

Looking for ways to get back to business during COVID-19? Download our whitepaper, “Peer Insights to Help SMBs Get Back to Business.”

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

 

Jan 12, 2021
Adapting As We Go – The Story Of GOOD PLANeT FOODS During COVID-19
18:58

Bart Adlam joined on as co-CEO of GOOD PLANeT FOODS in the midst of a global pandemic. With just three months under his belt as a partner in this plant-based products company, Bart shares with host Gene Marks his experience growing a business during 2020. Listen in as he talks about the food service business, running a business from home, the importance of not waiting for things to change, expanding internationally, and managing expectations as a new partner.

Looking for ways to get back to business during COVID-19? Download our whitepaper, “Peer Insights to Help SMBs Get Back to Business.”

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jan 05, 2021
The Stimulus Bill has Passed: Hear Senator Chris Coons Discuss Small Business Provisions
17:33

As businesses continue to struggle as a result of the Covid-19 pandemic, a new stimulus bill was passed on December 27, 2020 to help alleviate payments for new and existing loans given to small businesses within this past year. Join us as Gene Marks talks with Senator Chris Coons from Delaware on these unbelievable benefits for small businesses including lending through the Paycheck Protection Program, small business debt relief, and many other provisions that will provide more than $300 billion to small businesses and nonprofits all over the nation.

If you’re looking for more specifics on key provisions of the law, visit our website for additional resources on the fiscal relief package.

Looking for ways to get back to business during COVID-19? Download our whitepaper, “Peer Insights to Help SMBs Get Back to Business.”

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Dec 29, 2020
Nicolle Wallace Talks Hope, Optimism, and Opportunity for Small Businesses
26:30

Hope. Optimism. Opportunity. Three powerful words that mean more this year than in years past. In this episode of the Paychex Business Series, Gene Marks is talking with host of Deadline: White House, Nicolle Wallace about what has come out of COVID-19 for small businesses and where the future may lie. Hear as they talk about the opportunity working from home has created for both employers and their employees, why startups are not just for people looking to make extra money, the importance of valuing your millennial employees, and how to make the mental health of your employees a priority.

For more information on employee mental health, read our article, “Mental Health at Work During COVID-19.”

Looking for ways to get back to business during COVID-19? Download our whitepaper, “Peer Insights to Help SMBs Get Back to Business.”

DISCLAIMER: This episode was recorded on December 15, 2020. The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Dec 23, 2020
Congress and Small Business, with Congresswoman Nydia Velázquez
26:32

New parameters around Paycheck Protection Program funding. COVID-19 liability protection. Potential increases to the minimum wage. The importance of affordable health care for small business owners. The challenges of big tech and need to establish a level playing field for small business owners to succeed, not only during these trying times, but also into the future. Listen in as we discuss these issues and more with Congresswoman Nydia M. Velázquez, Chairwoman of the House Small Business Committee. If you want a feel for what Congress plans to do to address the most pressing business challenges of today, and what to expect from them in 2021, this episode is for you.

Want to hear what else 2021 may bring for taxes, health care, regulations, and more? Watch a recording of our special digital event, The Business Impacts of the 2020 Elections: A National Perspective. DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Dec 22, 2020
Trainerize: How One Company is Defining a New Category in Personal Training and Fitness
19:13

Inspiration for a business can come from anywhere. For Sharad Mohan, Co-Founder and CEO of Trainerize, found it in 2003 while working with a physiotherapist. Hear as Sharad talks with host Gene Marks about his journey from ideation to realization, the bumps along the way, why defining a new category may be the key to a successful business, and where he sees himself going in the future.

Looking for ways to get back to business during COVID-19? Download our whitepaper, “Peer Insights to Help SMBs Get Back to Business.”

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Dec 15, 2020
How Amazon is Supporting Small Businesses During COVID-19 and Beyond
21:14

When you think of Amazon, small businesses are probably not the first thing that comes to mind. But maybe it should be. With more than half of the products sold on Amazon coming from small- and medium-sized businesses, Keri Cusick, Head of Small Business Empowerment at Amazon says small businesses are a fundamental part of their work. Hear what she has to say about what the company is doing to support small businesses, their focus on the customer experience, and what trends they’ve seen over the past few months. 

Looking for ways to get back to business during COVID-19? Download our whitepaper, “Peer Insights to Help SMBs Get Back to Business.”

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Dec 08, 2020
Paychex Panel Experts: Post Election Hot Topics
55:56

With the election behind us, many are wondering what to expect with the new Biden administration. Join Gene Marks as he talks with three experts from Paychex: Thad Inge, Senior Manager of Government Relations, Mike Trabold, Director of Compliance Risk, and Laurie Savage, Senior Compliance Analyst. Listen in as this panel talks about what business owners may see under president-elect Joe Biden, including the next round of stimulus, FICA tax, minimum wage and overtime laws, health care, 401(k) plans, and more.

Join us for our upcoming webinar on December 15, The Business Impacts of the 2020 Elections: A National Perspective, with host Gene Marks, and guests Rebecca Jarvis and Nicolle Wallace. Register today!

DISCLAIMER: This episode was recorded on November 20, 2020. The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Dec 01, 2020
Special Episode with Congressman Steve Chabot, Member of the Committee on Small Business
22:56

Listen in as Ohio Congressman, Steve Chabot, joins us for a special episode of the Paychex Business Series podcast. Hear as he talks with Gene Marks about his role as a member of the Committee on Small Business, the status of the new stimulus package, business liability in the COVID-19 era, Paycheck Protection Program loan forgiveness, and what business owners hope to see in the next two years.

Looking for ways to get back to business during COVID-19? Download our whitepaper, “Peer Insights to Help SMBs Get Back to Business.”

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Nov 25, 2020
Inside the World of a Business Journalist
19:50

Have you ever wondered how business journalists are able to write about the topic, without many having ever owned a business of their own? While Zach Warmbrodt, financial services reporter at POLITICO, may not be a business owner, he’s made a career out of providing commentary on a lot of the things that affect them. In this episode, Gene talks with Zach about the life of a business journalist, his take on the PPP, the rise of Fintech, and more.

Looking for ways to get back to business during COVID-19? Download our whitepaper, “Peer Insights to Help SMBs Get Back to Business.”

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Nov 24, 2020
Richard Gearhart Talks the Importance of Intellectual Property Protection with Patents, Trademarks, and Copyrights
20:50

You’ve thought of a new idea for a product or business…now what? Well, according to Richard Gearhart, founding partner of Gearhart Law, the first thing you should do is to get in touch with an intellectual property professional. Hear as Richard talks with host, Gene Marks about the difference between patents, trademarks, and copyrights; the importance of protecting your intellectual property; and why getting advice from an attorney sooner is better.

Thinking about starting a business? Be sure to read our article, “Starting a Business Checklist: Tips for Your New Launch.”

Looking for ways to get back to business during COVID-19? Download our whitepaper, “Peer Insights to Help SMBs Get Back to Business.”

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Nov 17, 2020
The Business Impacts of the 2020 Elections: First Impressions with Thad Inge
26:19

The results of the 2020 election will likely bring many changes for your business; in this episode, Gene talks with Thad Inge, Senior Manager of Government Relations at Paychex, about some of the most common questions being asked by business owners today, and what you can anticipate from the new administration.

Want to learn more about the business impacts of the 2020 election? Register for our upcoming webinar, The Business Impacts of the 2020 Elections: First Impressions, and learn how to jump on all these potential changes.

Looking for ways to get back to business during COVID-19? Download our whitepaper, “Peer Insights to Help SMBs Get Back to Business.”

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Nov 12, 2020
BMO Harris Bank’s Steve Zandpour Shares Why Businesses Should Look to Banks for Guidance and Advice
18:45

No longer just lending institutions, banks have become financial consultants. That’s why it's so important for small business owners to build a strong relationship with their bank. Steve Zandpour, U.S. Head of Retail Specialty for BMO Harris Bank, joins host Gene Marks to give insight into the banking side of business. Hear what he has to say about the Paycheck Protection Program, Small Business Administration loans, competition in the lending industry, banker relationships and more.

To learn more about different types of small business financing options during the COVID-19 pandemic as well as lender options, read our article “Securing Financing for Your Small Business.”

Looking for ways to get back to business during COVID-19? Download our whitepaper, “Peer Insights to Help SMBs Get Back to Business.”

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Nov 10, 2020
Co-Founder of Vox.com Shares His Views on Building the United States Into the Strongest Economy in the World
20:58

What do China, New York City, and Washington, D.C. all have in common? According to Matthew Yglesias, co-founder of Vox.com, it’s larger populations and strong economies. Listen in as Matt talks with host Gene Marks about why he believes a bigger population would be beneficial for the United States. Hear as he talks about his stance on how the U.S. can become the #1 economy, why immigration is so important, how we should learn to look at the country’s deficit, and what he thinks about healthcare as it relates to businesses.

Looking for how to get back to business during COVID-19? Download our whitepaper, “Peer Insights to Help SMBs Get Back to Business.” DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Nov 03, 2020
National Trends, Local Impact – ABC News’ Chief Business Correspondent Rebecca Jarvis
26:53

Listen in as Rebecca Jarvis, chief business, technology & economics correspondent for ABC News, shares hard data and smart insights around significant “macro” issues small business owners need to be mindful of as they prepare for the weeks and months ahead. Rebecca and Gene discuss pent-up consumer demand and the coming holiday season, direct-to-consumer marketing, eCommerce, and opportunities with Amazon, more intentional spending habits and a renewed commitment to shop local, the unique challenges faced by women, as entrepreneurs and in the workplace, and much more.

Want to know what other business owners are doing to get back to business during COVID-19? Download our whitepaper, “Peer Insights to Help SMBs Get Back to Business.” DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Oct 27, 2020
When it Comes to Small Business Loans, Online Lending May Be the Answer
23:08

Finding loans for your small business can be a challenge – your company is not as big, you may be looking to borrow smaller amounts of money, or you may need your loan faster than a large bank can provide it. OnDeck, is an online lender company focused on the small business customer. In this episode, Gene Marks talks with Noah Breslow, Chief Executive Officer and Chairman of the Board of Directors at OnDeck. Hear what Noah has to say about the service OnDeck provides, the online experience of applying for a loan, bridge loans, and more. 

For more information about small business loans, read our article, “Securing Financing for Your Small Business.”

Looking for how to get back to business during COVID-19? Download our whitepaper, “Peer Insights to Help SMBs Get Back to Business.” DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

 

Oct 20, 2020
Salesforce Executive Vice President Talks the Importance of Customer Relationship Management (CRM) Software To Small Businesses
26:45

Building and maintaining customer relationships is more important now than ever before. With that in mind, many businesses are looking into customer relationship management (CRM), and may be asking themselves, “Is it time to invest in CRM software?” In this episode, Meredith Schmidt, Executive Vice President, General Manager of Salesforce Essentials and SMB at Salesforce, is talking with Gene Marks about the importance of CRM for small businesses, how to be sure you are taking full advantage of the software capabilities, the future of  Salesforce, and more.

For more ideas on how to connect with customers, read our article, “How Microbusinesses Can Build Customer Relationships.”

Looking for how to get back to business during COVID-19? Download our whitepaper, “Peer Insights to Help SMBs Get Back to Business.”

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Oct 13, 2020
How Companies Are Changing The Way They Do Business With Facebook
27:09

Social media platforms such as Facebook and Instagram have become increasingly popular for use by small businesses as a tool for marketing, facilitating store traffic, and completing transactions. In this episode, host Gene Marks talks with Rich Rao, Vice President of Small Business at Facebook. Hear what he has to say about the increasing trend of small businesses entering the eCommerce space, how companies are using social media as a form of communication with their customers, what features Facebook provides small business owners, and where he sees the future of the Facebook Small Business group going to help companies be successful. DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

 

Oct 06, 2020
The FruitGuys CEO Shares His Story On Business Model Innovation During COVID-19
19:44

As many work environments changed with the onset of COVID-19 from in office to remote working, the impact was felt heavily for The FruitGuys, a company that delivers fresh fruit to businesses around the United States. That’s when Chris Mittelstaedt, CEO and Founder of The FruitGuys, had to become creative and reimagine how his company would navigate these uncertain times. Hear as he talks with host Gene Marks about how The FruitGuys has changed their business model and evolved over the past six months to keep the business going, how they are working to help support small farmers, how they have managed to run a nonprofit to help feed the hungry, and where he sees the future of supply chain and office working in the future.

Visit our Coronavirus (COVID-19) Help Center for more information on navigating your business.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Sep 29, 2020
Special Episode With Joe Biden’s Small Business and Entrepreneurship Advisory Council Member, Andrew Yang
27:42

With the upcoming presidential election just around the corner and as the country continues to feel the effects of the current pandemic, there’s a lot for small business owners to consider. Recently, candidate Joe Biden put together an advisory council on small businesses and entrepreneurship, that includes former 2020 Democratic presidential candidate, Andrew Yang. In this special episode, host Gene Marks talks with Yang about the small business initiatives that Biden released on September 23, and what we might expect to see under a Biden/Harris administration. Hear as he talks about plans for additional relief for those that missed the Paycheck Protection Program (PPP), the importance of making distinctions between small businesses and large firms, and Biden’s stance on labor and what that means for small business owners.   Visit our Coronavirus (COVID-19) Help Center for more information on navigating your business.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Sep 25, 2020
Workplace Safety Guidance from Infectious Disease Physician and Epidemiologist, Dr. Anthony Harris
29:24

Face masks or face shields? Thermal scanning or symptom checking? UV light, disinfectants or air filters? These are questions that small business owners are having to ask themselves as they work to create a safe working environment in the COVID-19 era. But how do you know what’s best and what is the best use of your money? In this episode, infectious disease physician and epidemiologist, Dr. Anthony Harris, breaks each of these down and provides insights on what you need to know when it comes to operating a safe business for you, your employees, and your customers.

For more information on implementing new safety precautions, including social distancing and increased cleaning, take a look at the “Workplace Safety & Privacy Considerations” section of our ebook, What to Consider as Businesses Re-Open During the COVID-19 Pandemic. DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

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Sep 22, 2020
What to Know About Employer Liability Concerns in the Age of COVID-19
20:49

As businesses work to navigate these challenging times, they are facing new questions about employer liabilities as they relate to COVID-19. On this episode, labor and employment litigation lawyer, Kamran Mirrafati, talks with host Gene Marks about what you need to know when it comes to liability insurance; workers’ compensation; retaliation and failure to accommodate claims, the importance of maintaining employee privacy, the impact of the Families First Coronavirus Relief Act, and more.

Visit our Coronavirus (COVID-19) Help Center for more information on navigating your business.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Sep 15, 2020
Aviation Gin Sr. Brand Manager Talks Ryan Reynolds, Social Media, and Influencer Marketing
22:36

With an influencer like actor Ryan Reynolds, who would ever doubt the success of the spirits brand Aviation American Gin? But Senior Brand Manager, Adrian Molina, says there’s much more to influencer marketing than a big name. Hear as he shares with Gene Marks about his experience working with Reynolds – as an influencer and creative partner, why he feels it’s so important to find an influencer who is truly invested in the success of a brand, how social media can be used as a listening tool, and the importance of knowing the impact of your marketing plan. DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Sep 08, 2020
Furloughs, Layoffs, and Terminations: What to Know and How to Handle Them
19:37

In this unprecedented economic downturn, many companies are having to make tough decisions, including changes in staffing. On this episode, Talia Edmundson, Principal and Founder of HRnB Consulting, is talking with host Gene Marks about furloughs, layoffs, and firings. Hear as she breaks down the differences and talks about unemployment insurance, the impact on benefits, best practices for communication, how to keep up employee morale, and more. Have you already or are you considering furloughing employees? Learn more about the health benefits implications. If you have already reduced your staff and are thinking about recalling or rehiring your employees, find out what to do if those employees refuse to return to work.

Visit our Coronavirus (COVID-19) Help Center for more information on navigating your business.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Sep 01, 2020
The Impact of Educational Technology As Parents Navigate Remote Learning
15:35

With the current COVID-19 pandemic changing the landscape of education, parents have begun looking for solutions for remote and hybrid learning options. Seeing this shift, Alice Locatelli, co-founder of CoPod, saw an opportunity to provide families with support in their children’s learning. Hear as Alice talks with host Gene Marks about setting up a teaching pod business and the future opportunities in the education technology industry.

As schools reopen, employers will play a critical role in helping working parents maintain a balance between their personal and professional obligations. Find out what you need to know and how you can help support your employees during back to school time. And for help navigating the complexities of the laws and regulations surrounding this, try our interactive tool.

Visit our Coronavirus (COVID-19) Help Center for more information on navigating your business. DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Aug 25, 2020
Gene Marks Talks Lessons From a Pandemic: “Cash is King”
16:44

In the words of Gene Marks, host of the Paychex Business Series podcast, “Cash is King.” Listen in as Gene kicks off season two and talks about the importance of having cash reserves to help you survive unexpected challenges, and how having cash has helped business owners navigate the COVID-19 pandemic.

Visit our Coronavirus (COVID-19) Help Center for more information on navigating your business. DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Aug 18, 2020
Mark Cuban – More than a Shark, More than a Maverick
34:31

In this episode, you’ll get to listen in on Gene’s wide-ranging conversation with Mark Cuban, who owns the Dallas Mavericks and appears on the popular TV show, Shark Tank. Hear Mark’s take on the different issues facing small businesses today, including government stimulus, health care, banking relationships, changing market dynamics, and what it will take to succeed in this time of “creative destruction.” Anyone who knows Mark Cuban knows he has strong opinions and viewpoints on most every topic. You’ll really want to hear what he has to say about the challenges – and opportunities – he sees for our communities, our economy, and our country. For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center. DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jul 29, 2020
Understanding the Importance of Staying Compliant With OSHA Guidelines in a COVID-19 World
13:08

As businesses begin navigating the path of reopening, there is a lot for business owners and leaders to think about in the post-pandemic world. At the top of mind for many is the health and safety of employees and customers. In this episode, host Gene Marks talks with Paychex PEO Senior Risk and Safety Representative, Lisa Carboni, and Paychex Safety and Loss Representative, Todd Leone, about the new complexities and OSHA guidelines regarding COVID-19 and how to help keep your business safe. Hear as they talk about everything from the having a reopening plan and the importance of implementing a hazard assessment, to the different types of personal protective equipment (PPE) and what to know about when it comes to OSHA complaints. For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center. DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jul 28, 2020
A New Orleans Business Owner Survives Covid By Helping Others
16:57

The community members of the Lower 9th Ward in New Orleans were still recovering from Hurricane Katrina when COVID-19 hit.

Just as many businesses began to struggle, so did those living in that area. As an essential business owner, Burnell Cotlon saw this first hand. As his customers came into the door of his market, the Lower 9th Ward Market, Burnell saw their struggles and decided to do what he could to help them out. Hear as he talks with Gene Marks about his experience as an essential business owner, how he’s working to help support his community, and the lessons he’s learned from the current pandemic. For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center. DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jul 23, 2020
Celebrity Stylist Anthony Cristiano Talks Surviving the Pandemic as a Luxury Salon Owner
17:48

As the owner of a salon, Anthony Cristiano was not considered an essential business owner. So, when COVID-19 hit, he was forced to shut down his salon and furlough his employees. That’s when Anthony turned to the experts to help him navigate the challenges of the pandemic. Hear as he talks with Gene Marks about what happened when he closed his doors, who he turned to for advice, how he worked to make his staff comfortable, where he turned to for money, how he’s hoping to welcome customers back, and his thoughts on the future.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jul 21, 2020
Surviving the Pandemic and Saving Jobs – How One Trophy Company Reinvented Itself Overnight
13:57

After laying off his entire staff, opportunity came knocking for Keith Baldwin, co-owner of Spike’s Trophies. In one simple call, Keith decided to turn his trophy and awards company into a call center for New York State, allowing him to hire back his employees and train them to book appointments for COVID-19 tests, and later handle unemployment triage calls for the Department of Labor. Listen in as Keith shares with Gene Marks his experience completely switching up his business in order to keep his people employed, how he handled enticing his employees back to work despite the additional $600 of unemployment a week, and what his thoughts are on diversifying his business in the future.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jul 16, 2020
Post-COVID-19, Is the Future of Businesses Online?
16:46

While COVID-19 caused the shutdown of many businesses, the e-commerce space saw a massive spike. As people were forced to stay at home, they turned to online businesses to provide them with what they needed. But the question on many people’s minds is, will the trend of online buying continue, or will things go back to ‘normal’ once we emerge from the coronavirus pandemic? Listen in as Founder and CEO of Quiet Light Brokerage, Mark Daoust, talks with Gene Marks about the impact the pandemic has had on the e-commerce business space, what that means for the future, and how the buying and selling of these online businesses have been affected.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jul 14, 2020
Interested in Buying a Business? President of BizBuySell.com Says Now May Be the Right Time
11:13

As businesses begin to reopen, many owners may be taking a serious look at the option of selling their company and move on. So, is now, during a pandemic, a good time to look into buying? Bob House, President of BizBuySell.com, talks with Gene Marks about the potential for those looking into buying businesses, including the impact the pandemic has had on the market, which industries may be a smart bet, financing options through the Small Business Administration, and more.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

   
Jul 09, 2020
The Pandemic’s Bad Enough, but Try Being a Wedding Photographer!
19:42

The financial impact of COVID-19 is being felt by almost every business. But what if your chosen industry forces you to choose between turning down jobs, and putting yourself into situations where social distancing is not always an option? Hear from Justin McCallum, owner of Justin McCallum Photography, as he talks with Gene Marks about his experience navigating the current pandemic. Justin shares with Gene his experience applying for Pandemic Unemployment Assistance and other federal funding, his questions regarding contract protection with a force majeure clause, and how he plans to approach jobs in the future to ensure he is keeping the health and safety of himself, his loved ones, and his community at the forefront.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jul 07, 2020
How a Cash Reserve, a Little Creative Thinking, and a Positive Attitude Helped One Marketing Company Survive COVID-19
17:00

It’s not always easy to keep a positive attitude, especially during times like this. But for Joy Gendusa, founder and CEO of the full-service marketing company PostcardMania, thinking negatively was never an option. Hear from Joy as she talks with Gene Marks about her experience with the COVID-19 pandemic, how she kept all her employees working, the importance of having cash reserves, and how her creative thinking and optimism have helped her survive this downturn.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jul 02, 2020
Looking to Sell Your Business? Bob House of BizBuySell.com Says Don’t Rule It out Because of the Pandemic
12:33

Whether they are looking to retire or have decided to move on from the increased complexities that have been brought on by COVID-19, there are many business owners who are considering selling. But is right now, in the middle of a pandemic, the right time to make a move? Bob House, president of BizBuySell.com and BizQuest.com says it just may be. Listen in as he talks with Gene Marks about why it may be a good time to sell, including a unique opportunity from the Small Business Administration to encourage buyers and the increased demand in essential businesses that is catching to the eye of prospective buyers. Bob also shares his advice on how to get yourself and your business ready to maximize your return and make it a smooth transfer of ownership.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 30, 2020
Get Creative With New Insurance Opportunities to Help Cut Costs During COVID-19
14:21

As businesses work to navigate the many challenges brought on by the COVID-19, finding ways to cut costs is top of mind for most. Insurance expert and Director of Virtual Sales at Paychex, Rob Ryan, says that with the unique circumstances brought on by the pandemic, business owners can look to their insurance policies for ways to save. Listen in as Rob talks with host Gene Marks about how to reduce workers’ compensation rates, why cyber insurance is more important than ever, and how to rethink health insurance offerings.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 26, 2020
Post-COVID-19 Shutdown, the Key to Protecting Your Employees and Your Business is Clear, Well Thought Out Policies
18:55

Coming out of the COVID-19 shutdowns, business as usual is not what it once was. As companies start planning their reopening or begin bringing back employees, there is a lot to think about. Paychex Compliance Analysts, Kate Hill and Rachel Dowling, share with Gene Marks some best practices and considerations that employers should look at in order to protect their business and keep their employees safe. Hear as Kate and Rachel touch on topics such as handling health concerns and ensuring safety, confidentiality and employee rights, how to handle questions about telework continuation, and the importance of communicating clear, how well thought out business policies to help guide you.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

 

Jun 24, 2020
Why CPA.com’s Erik Asgeirsson Thinks the Coronavirus Pandemic is a Defining Moment for Accounting Firms
16:28

Throughout the coronavirus pandemic, accounting firms have played a key role as advisors for their clients. For many firms this has been a defining moment, being able to continue operating remotely to help their small business clients navigate these tough times. In this episode, CPA.com President and Chief Executive Officer, Erik Asgeirsson, talks with Gene Marks about the importance of technology and cloud-based platforms as it relates to the accounting industry. Listen as Erik talks about how accounting firms who had technology in place have fared during the past few weeks, how COVID-19 has pushed other firms to invest and build their technology offerings, and what the future holds for accounting firms working as trusted advisors for businesses moving forward.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

Jun 22, 2020
Robert Cresanti of the International Franchise Association Explains How Ingenuity and Strength Are Helping Franchise Owners Emerge From COVID-19
16:43

As the nation begins to come out of the current coronavirus pandemic, and businesses, including franchises, start to reopen, the true effects of the shutdowns are emerging. In this episode, Gene Marks talks with President and CEO of the International Franchise Association (IFA), Robert Cresanti, and Senior Vice President, Government Relations and Public Affairs of the IFA, Matt Haller, about the effect of the pandemic on franchise owners across the country and how they used their creativity to making it through. Robert and Matt give insights and advice for franchise owners moving forward, including using communication as a foundation of managing change, how to encourage employees to return to work, whether they see the economy rebounding, and the opportunity for both existing and prospective franchise owners.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 19, 2020
Jim Gaffigan is Playing the Long Game on YouTube
12:02

In this two-episode podcast, Gene Marks talks with comedian, actor, and independent business owner, Jim Gaffigan, about his experience with the current coronavirus pandemic. Listen in as Jim talks about what the shutdown has meant for his live appearances and comedy shows, how it has pushed him to use social media platforms he had not previously taken full advantage of. Hear how YouTube is helping him in all aspects of his career, despite the current pandemic - from building awareness and reaching likeminded people, to creating a community and establishing relationships like never before. This is Part 2 of this fun, wide-ranging interview.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 18, 2020
How the Signature Dish From One City in Upstate New York Has Helped Jim Gaffigan’s Business Survive the Pandemic
24:05

In this two-episode podcast, Gene Marks talks with comedian, actor, and independent business owner, Jim Gaffigan, about his experience with the current coronavirus pandemic. Listen in as Jim talks about what the shutdown has meant for his live appearances and comedy shows, how it has pushed him to use social media platforms he had not previously taken full advantage of, and why Rochester’s famous Nick Tahou's Garbage Plate™ has helped his business survive. This is Part 1 of this fun, wide-ranging interview.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 17, 2020
The Next Stimulus Bill is Coming Soon…How Will it Affect Your Business?
17:20

With two stimulus bills already passed, there is much talk over the possibility of a third stimulus bill. Thad Inge, Senior Manager, Government Relations for Paychex, talks with Gene Marks about what both the Democrats and Republicans are each looking for as they work towards passing a bill. Listen in as they discuss funding for state and local governments, an extension of the extra $600 a week in federal unemployment as presented in the proposed Heroes Act, and business liability and possible direct stimulus checks, as being discussed on the Republican side. Thad shares what he’s hearing in Washington about the next stimulus bill, what he thinks will make it into the bill, and when he expects it to pass.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 15, 2020
Compliance ‘Trifecta’: Federal, State, and Local Laws Key in Reopening
10:45

As businesses make their way through the current coronavirus pandemic, the path to reopening can be a challenging one. Whether they have a Business Continuity Plan (BCP) in place or not, there is a lot that business owners need to be aware of as they begin planning. So, where should they start? Paychex Compliance Analyst, Kate Hill, says first and foremost, you need to be aware of the compliance ‘trifecta’ – federal, state, and local laws. Kate says that now is the time to look at what has stayed the same and what has changed, to help ensure you are on the right track. Listen in as she talks with Gene Marks about designating a return to work team, ensuring you are on top of changes to paid family leave, wage and hour issues, and more. And for more information on returning to work, be sure to visit the Paychex Return to Work: Getting Back to Business page, featuring state guidance, FAQ’s, best practices, and other valuable tools.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 12, 2020
Everything You Need to Know About Last Week's PPP Changes
12:20

Since the Paycheck Protection Program (PPP) application process opened on April 3, 2020, a lot has changed. Most recently, on June 5, President Trump signed into law, the PPP Flexibility Act. In this episode, Paychex Compliance Analyst, Connor Mykins, talks with Gene Marks about the complexities around the PPP and what has changed with this most recent act. Listen as he discusses everything from the extension of the forgiveness period, the new percentage requirements for eligible expenses, what qualifies for acceptable nonpayroll costs, guidance on restoring headcount, and much more.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 10, 2020
Why CPA.com's Erik Asgeirsson Thinks the Paycheck Protection Program Has Been a Success
15:08

Signed into law by President Trump on June 5, 2020, the Paycheck Protection Program (PPP) Flexibility Act provides business owners with greater freedom for when and how loan funds must be spent. This new act increases the time borrowers have to spend their loan and reduces the percentage of the loan that must be spent on payroll. Listen in as CEO of CPA.com, Erik Asgeirsson, talks with Gene Marks about these new changes, as well as how this will positively impact businesses as they begin to reopen, how the PPP should be looked at as more of a grant program than a loan program, when you should start thinking about the forgiveness application, and his thoughts on the success of the PPP.  Visit Paychex WORX to learn more about the PPP Flexibility Act.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 08, 2020
For Small Businesses the Focus is on Customer Relationships Post COVID-19
14:35

As businesses begin to reopen, a legitimate concern for many owners is having enough customers to keep their businesses going into the future. Alice Bredin, founder of the market research company Bredin, says that the key to this potential problem is for businesses to get into the mindset of their customers – find out what they are worried about, come up with plans to help ease their minds, and get the word out to your previous customers and any possible new prospects. Listen as Alice shares the findings from the most recent Paychex COVID-19 snap poll with Gene Marks and explains what the data is telling us about how business owner concerns, how they are working to get people in the door, what they have learned over the past few weeks about efficiency, and how they plan to prepare themselves for a possible second wave of the coronavirus. Click here to find out more about the findings from the latest COVID-19 snap poll.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 05, 2020
IFA CEO Talks His Experience on the President’s Council for Reopening
14:09

Reopening businesses in the wake of the coronavirus pandemic is not an easy task. In fact, in order to provide direction to businesses on this, President Trump put together several Great American Economic Revival Industry Groups, made up of executives, economists, and industry leaders. Robert Cresanti, President and CEO of the International Franchise Association (IFA) was one of the industry leaders who was asked to help come up with a blueprint to guide businesses as they look to get up and running. Listen in as Gene Marks talks with Robert about some of the key takeaways, including how the CDC, OSHA, state, and local recommendations and regulations impacted the blueprint; what businesses should consider in terms of health and safety; and how the document will evolve as time goes on.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 04, 2020
CDC and OSHA Guidelines Provide Starting Point as Businesses Reopen
13:50

As businesses across the U.S. begin to reopen, there are a lot of rules and regulations that they need to be aware of to ensure they stay compliant. The Occupational Safety and Health Administration (OSHA), the Centers for Disease Control and Prevention (CDC), as well as the state and local governments have laid out guidelines that business owners need to be sure to educate themselves about. Listen in as Paychex Compliance Analyst, Rachel Dowling, talks with Gene Marks about everything from social distancing and temperature and health checks, to creating new health and safety protocols and guidelines vary by state and industry. 

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 03, 2020
Alice Bredin Talks Optimism of Small Business Owners Amidst COVID-19
12:40

Optimism. With the current coronavirus pandemic, it’s hard to believe that any business, especially a small business, could use that word to describe how they are feeling about the future. But according to Alice Bredin, founder of the market research company Bredin, that’s exactly the outlook small business owners have as they begin the road to recovery. Listen in as Alice talks with Gene Marks about the findings of the most recent Paychex COVID-19 snap poll which gives insight into what businesses are thinking about the future, industry and location trends, and the ways they are changing how they do business moving forward. Click here to learn more about the findings from the latest COVID-19 snap poll.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jun 01, 2020
Lulabelle’s Sweet Shop: Planning for the Future Post-COVID-19
07:54

As states begin to reopen, business owners around the country are rethinking looking at what changes they will need to make. Beyond the requirements that will be outlined by the government, some of these changes will be made based on the lessons business owners have learned throughout the past few weeks. As Gene Marks wraps up his conversation with Lulabelle’s Sweet Shop owner, Julie Wineinger, hear what she has planned for improving employee and customer safety moving forward, as well as what the COVID-19 pandemic has taught her about the importance of efficiency in business to improve her bottom line.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 29, 2020
Retro Fitness Founder: How to Leverage the Crushing Pandemic
15:34

When the COVID-19 pandemic hit and businesses were forced to shut down, it crushed the health and wellness industry. Now, weeks later, it’s time for those businesses to get ready to reopen. But in an industry that is so hands on, will customers want to return? What will reopening look like? How will things change? And is there any positive to take away from this entire ordeal? Listen in as entrepreneurial leader and founder of Retro Fitness, Eric Casaburi, talks with Gene Marks about how business owners should take this as a positive opportunity to build excitement around reopening, create a great new member experience, and leverage the pandemic as a message to consumers about the importance of staying healthy.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 28, 2020
Angie Hicks on Perseverance – the Key to Being an Entrepreneur
16:39

There’s no question that when it comes to opening a business there’s a lot to think about – what you want to do, how you are going to do it, who you will do it with, and where you will find the money to get started. But there are some other things that you may not think about that can influence your success from the start and into the future. Listen in as Angie Hicks, Co-Founder of Angie's List talks with Gene Marks about her experience starting right out of college and how she helped grow the business from just two people to over 3,500. Find out what she’s learned about being taken seriously, work-life balance, what your investors are looking for, and never giving up.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 27, 2020
Optimism, Resiliency, and the Future of Small Businesses
13:09

While all businesses are concentrating on maintaining customer relationships, managing business as usual, making sure expenses are paid, and focusing on sales and marketing, there’s an optimism and resilience that is emerging among small business owners. Alice Bredin, owner of the market research company, Bredin, talks with Gene Marks about her findings from the Paychex COVID-19 snap polls, and how the coronavirus pandemic has spurred small business owners to make permanent change in the use of technology, scheduling, and work from home opportunities.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

   
May 25, 2020
Restauranteur Danny Abrams Talks the Aftermath of the COVID-19 Pandemic
16:55

Just one week before the shutdown, Danny Abrams opened his newest restaurant in New York City. Since then, he has had to navigate the Paycheck Protection Program, the Economic Injury Disaster Loan, helping his employees in any way he could, and the weight of growing bills. Listen in as Danny talks with Gene Marks about how the coronavirus pandemic has impacted his restaurants, and what he thinks it means for the future.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 22, 2020
The Ups and Downs Applying for Federal Funding During COVID-19
12:40

Since the start of the coronavirus pandemic, Julie Wineinger, owner of Lulabelle’s Sweet Shop, has had her fair share of experience with applying for federal, local, and other funding opportunities meant to help businesses during these uncertain times. From the Economic Injury Disaster Loan, the Paycheck Protection Program, and even a D.C. grant opportunity, Julie has tried to take advantage of anything that has come her way. Listen in as she talks with Gene Marks about the highs and lows of applying for federal funding and other grants.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 21, 2020
Alice Bredin Sheds Light on How Small Businesses are Staying Afloat
12:55

Over the past three weeks, the market research company, Bredin has been connecting with small businesses (SMBs) – with between two and 500 employees – across the country to find out what they have done, what they are worried about, and what they are thinking about for the future amidst the current coronavirus pandemic. One of the most enlightening topics covered in this research is a look into what small businesses are thinking about the Paycheck Protection Program (PPP). With just one in three SMBs applying for a PPP loan, Alice Bredin talks with Gene Marks about what companies are doing to stay afloat, where they have gotten funds, and why they aren’t applying. Be sure to take a look at the other great findings from our Paychex COVID-19 snap polls.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 19, 2020
Finding Success with the Paycheck Protection Program Loan
12:20

With a focus on customers in the restaurant, bar, and retail businesses, Champion Technology was quickly and significantly impacted when closures happened. That’s when owner Bob Stone showed how the advice of his father to save for a ‘rainy day’ was more important than ever. In addition to his savings, Bob turned to the Paycheck Protection Program (PPP) loan to help him stay afloat during these uncertain times. Listen in as Bob talks with Gene Marks about how he used his resources and found success with the Paycheck Protection Program.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 15, 2020
Persistence With The Paycheck Protection Program (PPP) Loan
17:56

As a small business owner of a youth athletic company that partners with local schools, when COVID-19 hit, Team Turse was forced to close and Founder Matt Turse began looking for loan options to help him during these trying times. When it came to the Paycheck Protection Plan (PPP) loan, Matt faced many frustrations – from the application process to communication. Listen in as Matt talks with Gene Marks about his experience with the PPP process and what he’s learned along the way.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 13, 2020
Angie’s List: It’s Not About Surviving, It’s About Thriving Post- COVID-19
13:52

Deemed as essential businesses, companies in the home service industry have had to rethink how they do business, including what they do, how they do it, and how they respond to customers throughout this pandemic. According to Angie Hicks, Co-Founder of Angie’s List, 90% of home service companies have made immediate changes in their procedures to cleaning, sanitation, and customer communication to ensure the safety of both their employees and their customers. But, in order to come out of these challenging times a stronger and better company, they have to think long term. Listen in as Gene Marks talks with Angie Hicks about how businesses need to adapt to these new times to not just survive the pandemic, but thrive afterwards.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 12, 2020
Lulabelle’s Sweet Shop – From Ice Cream to Community Resource – Part 2 with Julie Wineinger
11:00

Just one week after closing her business due to COVID-19, Julie Wineinger decided to reopen for one day – a fundraiser for her employees. Using the inventory that was left at the store, Lulabelle’s offered pints of ice cream with contactless exchange. The success was overwhelming. That’s when Julie decided that she could use Lulabelle’s designation as an ‘essential business’ to the advantage of both her employees and the community. Listen in as she talks with Gene Marks about how she’s making the best out of a tough situation.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 08, 2020
Klean Katch Finds A New Purpose Among Dark Days of COVID-19
15:36

In the middle of February, Tim Lyon’s medical device company came to a screeching halt as the healthcare industry turned its focus to investing in personal protective equipment (PPE) and fighting the coronavirus pandemic. Suddenly, there he was without any revenue stream coming in and growing increasingly frustrated. Listen in as Tim Lyon, CEO and Co-Founder of Klean Katch talks with host Gene Marks about the psychological impact of the COVID-19 pandemic, and how he has found a new purpose while his business is closed helping bring joy to his friends and family.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 06, 2020
Employer Tax Credit For Employee Leave With Andy Gargana
11:57

As a result of the current COVID-19 pandemic, employees are faced with new and unexpected challenges that may require time away from work. Whether they become sick with coronavirus themselves, need to take care of a family member who becomes sick, or need to care for their children while schools and daycares are closed, the federal government has expanded their paid leave requirements. As a result of these new regulations, a tax credit is available to help employers pay for their employees’ time off. Listen in as Gene Marks talks with Paychex Compliance Analyst Andy Gargana about these tax credits, including pay requirements, credit maximums, the handling of healthcare costs and Medicare tax, and more.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 05, 2020
Nothing is Business as Usual at Seaman Corporation
14:39

With many businesses forced to close due to the COVID-19 pandemic, essential businesses, including Seaman Corporation - manufacturer of industrial fabrics – continue to operate and provide their products and services. But for them, nothing is business as usual. From setting up remote working, to adopting new safety procedures, these companies are learning to rethink how their business works. Hear from Richard Seaman, Chairman of the Board at Seaman Corporation, as he talks with Gene Marks about a new way of working amidst the current circumstances.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 04, 2020
Andy Gargana Breaks Down the Employee Retention Tax Credit
12:20

Part of the Coronavirus Aid, Response, and Economic Security (CARES) Act, the Employee Retention Tax Credit is available to qualified employers who are still paying employees during the current coronavirus pandemic. It allows the employer to take a refundable tax credit for up to 50% of up to $10,000 in wages paid for each employee. In the first of this two-part episode of the Paychex Business Series, Paychex Compliance Analyst Andy Gargana shares with Gene Marks what you need to know about the Employee Retention Tax Credit, including what it is, business eligibility, revenue qualifications, and more.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

May 01, 2020
COVID-19: How One Small Business Owner is Navigating the Pandemic, Part 1 with Julie Wineinger
11:40

When the coronavirus pandemic hit, business owners all over the country had to make some very difficult decisions including deciding to stay open or close; whether to keep employees, furlough them, or lay them off; and how to cover costs such as rent and utilities. Listen in as Gene Marks talks with Julie Wineinger, Owner of Lulabelle’s Sweet Shop about her experience over the past few weeks as a small business owner during the coronavirus pandemic. In Part 1 of this four-part series, Julie talks about her decision to close the doors of her sweet shop, how she handled employee layoffs, what she did to help those employees navigate the unemployment process, and more.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Apr 29, 2020
COVID-19: Federal Loans During the Coronavirus Pandemic
14:56

During this coronavirus pandemic, there are several federal loans available for small- and mid-sized business owners to help them during these unprecedented times. Founder of Team Turse, Matt Turse, shares his experience with the Economic Injury Disaster Loan (EIDL) and the Paycheck Protection Program (PPP). Hear from him as he shares some tips with Gene Marks about applying to and receiving these loans to help his business during these uncertain times.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Apr 27, 2020
Everything you need to know about the Paycheck Protection Program
13:54

The Paycheck Protection Program – part of the Coronavirus Aid, Response, and Economic Security (CARES) Act – was designed to get cash out quickly to small- and mid-sized businesses that are struggling during the current coronavirus pandemic, and incent them to maintain or rehire employees and keep their wages high. Listen in as Gene Marks talks with Mike Trabold, Director of Compliance at Paychex, and learn about the specific features of the Paycheck Protection Program, including business eligibility, loan forgiveness, and more.

 For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Apr 23, 2020
COVID-19: Deferral of Employer Payroll Taxes
11:53

One of the provisions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, is the ability of employers to defer the employer portion of social security tax. Join Gene Marks and Bill Goselin, Compliance Analyst at Paychex, as they discuss what that means for employers, limitations, restrictions, and the impact of the Paycheck Protection Program.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Apr 22, 2020
COVID-19: The Families First Coronavirus Response Act (FFCRA)
16:05

The Family First Coronavirus Act (FFCRA) – enacted to help businesses deal with the coronavirus pandemic. Join Gene Marks and Tammy Tyler, Manager of Employment Law Compliance at Paychex as they discuss the paid leave portion of this act and how it affects your business and your employees.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Apr 21, 2020
COVID-19: The Economic Injury Disaster Loan Program
08:44

In this podcast, Gene Marks tells you what you need to know about the Economic Injury Disaster Loan Program. Find out what it is, who’s eligible, and what’s available. Listen in as he discusses what’s being offered by the Small Business Administration (SBA) in response to the coronavirus pandemic.

Visit our Covid-19 Help Center for more information on coronavirus and your business.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

 

Apr 13, 2020