• CO by US Chamber - MIDNIGHT OIL - Edition 278

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    October 30, 2024
     
     
    CO by U.S. Chamber of Commerce
    MIDNIGHT OIL
    EDITION 278
     
     
     
    RESOURCES & TIPS
    Get tips for retaining relevant, up to date records that ensure compliance and avoid fines.
    A guide to employee record retention
    When it comes to employee record retention, ensuring compliance with federal, state, and local regulations is crucial for businesses. Learn how to stay compliant with requirements and avoid hefty fines with our comprehensive guide. 
     
     
     
     
    5 must-know financial calculations for assessing business performance
    When you're deep in daily business tasks, it can be hard to see the big picture. Use these five financial calculations to understand your company's financial health and make more informed decisions.
     
     
     
     
    Beneficial Ownership Information Report (BOIR): Stats & facts
    Stay compliant with the Corporate Transparency Act by filing beneficial ownership information reports. Here is what small business owners need to know about this new regulation and how to file a BOIR before the January 1 deadline.
     
     
     
     
    A MESSAGE FROM BREVO
    Download Brevo?s ebook to discover how push notifications can help boost business performance.
    Discover the power of push notifications
    Push notifications enable effective communication with consumers in a direct and personalized way, providing them with relevant information in real-time.
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    Download Brevo’s ebook to dive deep into this potent marketing strategy and discover why and how push notifications will enhance the user experience, strengthen customer engagement, and most importantly, boost business performance.
    Download Free eBook
     
     
     
     
     
    QUOTABLE MOMENT
     
    “Although I handle less of the day-to-day operations, I keep myself available to my staff as a resource on anything they may need. All of this has helped me maintain strong employee relations and retain staff, even during high turnover seasons.”
     
    — Jason Stucky, owner of two Color Me Mine franchises in Illinois, illustrates the importance of leadership and accessibility in fostering a positive work environment. 
     
     
    CO— EVENTS
    Register now for our FREE virtual finance and tax prep workshop on November 14 at noon ET.
    End-of-Year Financial Essentials
    VIRTUAL | November 14 at 12pm ET
    Year-end financial planning can help you reduce tax liabilities and ensure your records are in order. Tune in on November 14 at noon ET for our Special Year-End Financial Planning Workshop as experts share insights and expertise on how to best prepare for tax season.
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    Our workshop will provide you with the guidance and actionable strategies you need to ensure financial success in the coming year and beyond!
    Sign Me Up!
     
     
     
     
     
    BY THE NUMBERS
     
     
    2B
     
    With over 2 billion active users, Instagram is a hotspot for fraudsters targeting users through phishing, fake giveaways, imposter accounts, and malware. Follow these best practices to keep your account secure.
     
     
     
     
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    Determining the right salary range is an excellent way to attract top talent and manage expenses. From industry standards to experience, here are the key factors you need to consider to establish a fair, competitive salary range.
     
     
     
     
    5
     
    Shop local this Halloween for a unique costume selection! From custom designs to creative styles, these five local businesses offer something special to help you stand out this spooky season. 
     
     
     
     
     
     
    MEET THE CO—100
    Meet Aspire Construction & Design, a woman- and minority-owned commercial Architecture, Engineering, Construction (AEC) firm and the 2024 CO?100 Top Honoree in the Micro Business Leaders category.
    How Aspire Construction & Design Redefines Micro-Business Success
    Aspire Construction & Design, a woman- and minority-owned commercial Architecture, Engineering, Construction (AEC) firm, consistently delivers high-quality results that rival larger firms. Since its inception, the CO—100 2024 Micro-Business Leaders Top Honoree has overcome challenges and surpassed expectations, proving that size doesn't always determine success in the AEC industry.
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    Get an inside look at Aspire Construction & Design's winning formula for consistently delivering top-notch results.
    Keep Reading
     
     
     
     
     
    GRANTS & AWARDS
    The Marshalls Good Stuff Accelerator Program empowers women from diverse backgrounds by providing mentorship, peer coaching, and resources to help them achieve personal and professional goals. This year-long virtual program runs from December 2024 to December 2025. It offers participants a $5,000 grant to support their journey, plus access to networking events and group mentorship by experts. Applications are due October 31.
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    The Tory Burch Foundation Fellowship Program provides 50 female entrepreneurs a yearlong opportunity to accelerate growth through workshops, mentorship, and financial support, including a $5,000 business education grant. The program concludes with a company presentation, where fellows showcase their progress and receive expert feedback. Applications close on November 1, and the fellowship begins in the summer of 2025.
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    The American Association of University Women (AAUW) is offering Career Development Grants of up to $20,000 for degree programs and $8,000 for non-degree programs. These grants support women seeking to advance, change, or re-enter their careers through education or specialized training. Applications close on November 15, 2024.
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    The DoorDash Restaurant Disaster Relief Fund offers $10,000 grants to help restaurants recover from natural disasters, severe weather, or major infrastructure failures. Eligible applicants include U.S.-based restaurants, gastropubs, or bakeries with brick-and-mortar locations that have experienced revenue loss due to a declared disaster within the past 12 months. Applications are accepted quarterly, with fall applications open through December 2.
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    The U.S. Department of Education (DOE) offers various grants to small businesses in the education sector. Each grant has unique eligibility criteria, with some opportunities set aside for public schools, state agencies, or nonprofit organizations; others allow applications from for-profit private sector companies. Currently available DOE grants run through December 12.
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    More grant & program information can be found here.
     
     
     
     
    Consider becoming a small business member of the U.S. Chamber of Commerce for exclusive discounts from partners like FedEx.
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