Ohioans voted in favor of Issue 2, a significant change in the state’s legal landscape, with approximately 57 percent of voters supporting the measure. This decision legalizes the purchase, possession, and cultivation of marijuana for adults aged 21 and older, along with the implementation of a 10% sales tax on these products sold at licensed dispensaries.
Outsourcing of accounting and bookkeeping support services is an increasing trend among many businesses and is growing quickly in the restaurant industry. It’s a solution that addresses a confluence of factors affecting restaurants these days, especially restaurant businesses that are smaller and mid-sized operations.
Experts foresee compound annual growth across almost all construction segments, particularly, water supply, S&WD and transportation.
Why it is important to starting thinking about succession planning for your business.
Staying on top of nexus and state tax risk can help keep your business compliant and safeguard you from the hidden costs of doing business outside of your state.
Look behind the curtain to find how COPs are helping Rea & Associates make a difference for our clients.
Do you have internal controls in place to protect your organization from occupational fraud?
What does the $2 Trillion COVID stimulus package buy the American people?
There are many advantages associated with embracing digital advances in business, particularly post COVID-19.
One of the best things you can do is to ditch the cookie-cutter exit plans and design an option that addresses your unique goals.
Outsourcing may be the solution you’re looking for …
Wondering how to monetize your biggest investment? Let us count the ways …
Want to know how a health savings account can save your hard earned money? Read on …
Looking for more ways to retain your top talent? Take a closer look at your employee performance appraisal process.
Do you have a new employee who is slow to catch on? This article might help you decide whether to stick it out or cut your losses.
It’s getting harder and harder for employers to attract and retain top talent. Read on to find out how you can differentiate your company with a robust benefits package and more.
Learn more about Rea’s recent hires, Marc Harvey, Chief People Officer and Kaitlyn Robison, Director of Tax Services
As the 2023 fiscal year draws to a close, Rea & Associates, a prominent regional accounting and business consulting firm, takes a moment to acknowledge the outstanding accomplishments of its team members.
After a lengthy selection process, the firm’s board of directors tapped Mark McKinley to serve as CEO. Read the press release!
Fostering an incredibly positive and productive workplace culture may sound like a pipe dream in today’s business environment—but it has become a necessity if you want a company that grows successfully. Companies that excel in creating such environments don’t just attract top talent; they retain them, ensuring sustained growth and innovation. But why is cultivating this culture so crucial, and how can your organization achieve it? Let’s dive in, focusing on tangible benefits and actionable strategies, navigating the complex terrain of employee engagement and organizational development.
Employee retention stands as a cornerstone of sustainable success. As key talent trickles out, revenues suffer a direct hit, underlining the domino effect of not holding onto essential personnel. Beyond tangible losses like training expenses, businesses grapple with intangible costs – the erosion of institutional knowledge and the ripples in morale that can unsettle even the most stable teams.
Running a successful restaurant is no easy task. Every element must come together exactly right, from recipes to staff to finances. However, one often overlooked part is inventory management. You might be thinking, “Does it really matter if I count inventory at my restaurant?” The short answer: absolutely. Let’s delve into the details of why keeping a close eye on your inventory is not just a chore but a crucial aspect of running a successful restaurant.
In our fast-paced digital world, the Bring Your Own Device (BYOD) movement has transformed from a growing trend to an essential part of modern workplaces. Understanding and effectively managing BYOD is crucial. But what does this mean for your business, and how can you balance the benefits with the inherent risks?
The recent national news about minors being employed in roles unsuitable for their age group has shed light on the delicate issue of hiring underage workers. As businesses strive to remain productive and profitable, the importance of adhering to labor laws and immigration regulations cannot be overstated. Not only is it a legal imperative, but it also speaks volumes about the ethical standards of your organization. Here, we’ll delve into the role of minors in the workforce, the necessity of I-9 verifications, and the obligations your business owes when partnering with third-party staffing agencies.
Your business must adapt and embrace technology to remain competitive in this fast-paced business landscape. You need a skilled and innovative workforce to thrive in Ohio’s tech-infused economy. That’s where Ohio’s TechCred Program comes in – a game-changer that empowers employers to upskill their current and future employees. Here is a comprehensive overview of the program, eligibility criteria, and the steps to get started.
Every manufacturing company aims to stay ahead of the game in terms of managing resources effectively.
Compliance issues are critical to maintaining a positive work environment, protecting your organization from legal liability, and retaining your workforce. The top three issues HR professionals face are manager/employee harassment policies and training, The Fair Labor Standards Act (FLSA), and pay equity.
As we wrap up 2022, it’s important to take a closer look at your tax and financial plans and discuss steps that can be taken to reduce taxes and help you save for your future.
As we look ahead to 2023, hiring compensation strategies will remain a key issue as organizations grapple with talent. If you haven’t evaluated your strategies and practices related to all things “people” lately, now is the time.
