When Is Your Business No Longer a “Startup”?
Small Business, StartupWhere’s a specific sensibility and respect that gets attached to businesses that are referred to as “startups.” There’s a general feeling of risk taking and future-facing enterprise that owners enjoy. But the actual definition of what…
Small Businesses: Here’s How the U.S. Supreme Court Wayfair Decision Affects You
Small BusinessIf you are a small business owner, chances are good you’re paying more attention to your accounts receivables and deliverables than to a three-year-old Supreme Court decision. But knowing what happened in the Wayfair decision on June 21st…
Customers Paying Late? How to Create Statements
Business, Small BusinessThere are many ways to encourage delinquent customers to pay. QuickBooks Online’s statements may be effective for you.
After the year-plus you’ve just experienced, the last thing your small business needs is customers who are behind on…
Exit Strategy: How to Create One for Your Small Business
Small Business, Startup, UncategorizedOwning your own small business is a dream that few are fortunate enough to realize, but even those new to the joys of entrepreneurial self-determination need to spend time thinking about how you’re going to eventually leave the business. No…
Tax Planning to Help New Franchisees
Business Development, Entrepeneurship, Small BusinessTax Planning to Help New Franchisees
investment can be a wonderful opportunity, but it also involves a completely unfamiliar set of rules when it comes to your taxes. Whether you are considering becoming a franchisee or are already involved,…
7 Different Types of Income Streams for Your Business
Business, Business Development, Small Business7 Different Types of Income Streams for Your Business
No matter what type of business you operate, you rely on having a predictable flow of income to keep your bills paid. If you only have a single source of income and it suddenly falters,…
How to Evaluate Your Business Idea Before Diving In
Business, Business Development, Entrepeneurship, Small Business, StartupThey say that everybody has at least one good novel in them, and many people feel the same way about ideas for a successful business. If you are considering diving into the world of entrepreneurship, it’s a good idea to pause for a moment,…
Writing Off Your Business Start-Up Expenses
Small Business, Startup, Tax Planning, Tax TipsArticle Highlights:
$5,000 First-year Start-up and Organizational Expense Write-off
Timely Filing Requirements
Qualifying Start-up Expenses
Trade or Business Purchase
Qualifying Organizational Expenses
Expense Write-off…
Wealth Transition and Succession Planning: Best Practices for Businesses During COVID-19
COVID-19, Personal Finance, Small Business, Succession Planning, Tax PlanningRegardless of the type of business you're running, it's safe to say that you've likely already been impacted by the ongoing COVID-19 pandemic that is making its way across the globe. With no complete end to the situation in sight, many have…
5 Tips for Marketing During Covid-19
COVID-19, Marketing, Small BusinessFrom Mike Kappel on Forbes Small Business Blog
If you’re like many business owners out there, the coronavirus pandemic has rocked your world. According to a SHRM study, 62% of small businesses say they have experienced a decrease in revenue…