Welcome to this Thanksgiving Edition of West Wing Week, your guide to everything that's happening at 1600 Pennsylvania Avenue, and beyond. This week, the President traveled to the west coast for a three day, three city swing, sat down for an interview with Barbara Walters, met with student entrepreneurs, held a video conference with Peace Corps volunteers, and announced a breakthrough in diplomatic talks with Iran. That's November 22rd to November 28th or "Kindness Covers All of My Political Beliefs."
This Saturday, November 30th, I will join a number of White House and Cabinet Officials, along with millions of Americans around the country, in paying tribute to small businesses, which drive our economy, and help to define the spirit of our communities.
I will be spending Small Business Saturday in Chicago, to start on my holiday shopping, and reacquaint myself with the small businesses lining my hometown streets, and breathing life into my neighborhood.
Ed. note: This is cross-posted from the U.S. Small Business Administration. See the original post here.
In his weekly address, President Obama says our economy is moving in the right direction. We have cut our deficits by more than half, businesses have created millions of new jobs, and we have taken significant steps to reverse our addiction to foreign oil and fix our broken health care system.
If your business is incorporated and you want to reward employees, consider issuing stock. Using this form of compensation has benefits to employees and to you.
If you pay a cash bonus or give a fringe benefit, it’s a cash drain to the company. Issuing stock as compensation is not. You merely issue shares to the employee equal to the bonus, reward, or compensation you intend.