The temperature is on the rise as the summer months begin and for many small business owners out there, their temperatures are on the rise too. What is the culprit this time…no not the economy, but the kids are around with nothing to do. For some small business owners, this is another added distraction from operating their business.
One way to possibly alleviate the distraction is to consider having your children work for you. This way your children’s time is occupied and your business can operate a bit more efficiently with the help. Additionally there may be a possibility for tax benefits having your children work for you due the child’s lower tax bracket. Be sure to speak to your tax advisor for these and other tax planning strategies you should be doing as the year progresses.
Keeping Your Business N Synergy