Business name. Location. Equipment. Logo. Hiring choices. When you launch a small business, you are inundated with decisions and choices to make. One of them you may need to know more about is choosing the tax year for your business. The Internal Revenue Service requires you to operate your …
Moneying Articles and Interviews (category)
Moneying articles focus on all aspects related to business finance, including budgeting, bookkeeping, pricing strategy, insurance, and more. Since you presumably went into business to make money, knowing how to manage it effectively will help keep you in business and move you toward the profitability you seek.
Seven Accounting Solutions for Your Small Business
Benjamin Franklin once wrote, “In this world nothing can be said to be certain, except death and taxes.” And to that, many a small business owner can add accounting. As a small business owner, you naturally want to spend your time making your product or service the best it can be, not crunching …
Do You Really Need an Accountant for your Small Business?
As a small business owner, it is natural to try to cut operating costs wherever you can. One of the ways you may be doing that is by managing your own finances. You may figure you can always get help at tax time and handle things yourself the rest of the time. Whether you are a sole proprietor or …
Going the Extra Mile: Putting Your Vehicle in the Company Name
There is no doubt about it that when you seek out small business ownership, you are looking for a certain way of life and the perks that come with it. Obviously you will need to work hard to get there, but one of the top reasons for going into business for yourself is all of the tax breaks and …
What Insurance Do I Really Need for My Small Business?
If you are ready to launch a new small business, you may be wondering what types of insurance coverage you need. Just as you insure your home and your car, there are certain policies you need in order to protect your business from risks associated with unexpected events, liabilities and other …
Importance of Budget Planning: Avoiding Lost Opportunities from Cash Flow Shortfalls
There are many things to consider when managing a business; hiring, marketing, and actual delivery of the goods or services to your clients. At any stage of delivering value to your clients, things can go wrong. Miscommunication can lead to missed deadlines, poor internal controls can lead to …
