Tax & Accounting Insights for Irvine, CA. Expert Guidance from Bharmal CPAs
Ask the Right Questions to Get the Answer You Need
Like scientists and detectives, business owners need to know how to ask questions that produce results. Keep these three types ready at all times when talking to employees: Repetitive questions - Sometimes you have to keep asking the same question to find the answer you need. For example: “When can I expect your report?” Next week. “When next week?” Probably [...]
Answer These Questions When Change is Coming
Change may be constant in life and business, but resistance to change is pretty constant, too. Whether you’re replacing the key to the front door or acquiring an entirely new business unit, your employees want to know what they can expect. Be ready to address these basic questions: What is changing? Employees want detailed, definite answers— not vague descriptions or [...]
How To Manage Three Different Types Of Employees
To be effective as a CEO, you have to be able to guide and motivate a diverse group of individuals. Here’s a look at a few personality types you might encounter amongst your team and tips for getting the most from them: In charge. These employees like to make decisions and run things. You should accommodate their strengths while staying [...]
Reimbursing Employees For Business Expenses
If you have employees, you can reimburse them for business expenses or give them an advance or allowance to cover business expenses. This includes (but is not limited to): Necessary transportation Business entertainment Meals Lodging Other travel expenses These payments can either be treated under an accountable or unaccountable plan. What’s the difference? Following are the requirements for both types [...]
Overcome the Power of Negative Thinking
Negative thoughts can creep into your mind when you least expect them. The trick isn’t to fight them, but to manage them so they don’t paralyze you. Here’s what to do: Identify the triggers - When you have a negative thought, stop and ask yourself what’s bringing it on. You may be tired or stressed out, or you may be [...]
Give Yourself the OK to Succeed Throughout Your Life
Whatever your goals are, sometimes you need to consciously give yourself permission to achieve them. Here’s how to open your life up to success: Spend time with people who support you unconditionally. We often have a distorted view of ourselves and are blind to many of our assets. Being with people who believe in you helps give you a clearer [...]