While small businesses are exempt from many of the most rigorous requirements of the Affordable Care Act -- most notably, the Employer Mandate -- there are still some requirements and even some opportunities that small business owners should be aware of.
How about the times you failed on your way to the top and how those situations taught you to do it better? How about the times you said 'no' when you should have said 'yes' to a business deal or a decision of profit building potential?
Think of your main product as the "meat" of the sandwich. To complete your sandwich, you want to include bonuses that become the "bread" of your sandwich -- one for below your meat, and another that goes above it.
Why does one business achieve unprecedented success while its equally matched competitor fails? The truth is, success is largely determined not by your products or prices, but rather by the way you run your business.
As entrepreneurs go and found new companies, they shouldn't focus so much on whether their technology is novel or just incremental. Founders should focus on the most important aspect of any business: creating something their customers actually want.
Even superstars need to be managed. Nobody can be as objective about himself and his own performance as his boss should be. Nobody can hold herself accountable -- accountability comes from knowing you have to answer to someone else.
So if you told me even five years ago that I would own and run a small business with my husband (in the fitness industry, no less!), I would have spit out my Frappuccino and laughed hard. Really hard. We opened our gym in the East Village in June of 2013. I have never "worked" a day since.
While it is true that the dominant provisions of the ACA (particularly, the Employer Mandate) apply only to "large" employers with more than 50 employees, there are still several provisions that affect all employers, including small businesses with 50 employees or fewer.
We spend a lot of time monitoring our own success and comparing ourselves to others. We're constantly proving ourselves to be the best entrepreneurs, philanthropists, lawyers or doctors, and yet climbing to the top can be a lonely journey.
While it is true that the dominant provisions of the Affordable Care Act apply only to so-called "medium" and "large" employers, there are still several provisions that affect all employers, including small businesses with 50 employees or fewer.
From time to time, business owners working in their businesses, find that they hit a wall or a plateau -- they get "stuck", so to speak. So how do you get "unstuck", whether you have been in business for a year or ten years?