Entrepreneurs are often seen as individuals who achieve business success on their own. While it’s true that entrepreneurial success is driven primarily by the vision and leadership of a single person, that doesn’t mean this individual is able to accomplish their business goals entirely on their own. …
Small Business Accounting Articles and Interviews (tag)
How to Use Business Write-Offs to Your Advantage
With April 15th just passing, it’s a great reminder that, as small business owners, we need all of the tax advantages we can get if we want to raise our bottom line. And while I’m more than happy to pay my fair share to Uncle Sam, I also don’t want to pay more than I have to. So the question is: …
Small Business Tax Deductions You Need to Consider
When you run your own small business, you are always looking for new money-saving strategies to boost your bottom line. One of the ways you may be leaving money on the table, however, is by not taking some of the tax deductions for which you are eligible. This oversight is easy to do because the …
7 Tips to Get Your Small Business Accounting Practices in Order
You’ve recently launched a new business and it’s started to grow. Now is the best moment to get organized and pay some attention to all accounting related issues. Every business owner has to make a detailed to-do list and stick to it at all times. That way, all emerging challenges can be taken care …
Buying a Business: Forget Trust – Understand Due Diligence
According to the U.S. Bureau of Labor Statistics, over 50% of start-up businesses fail within five years. This is a staggering statistic and one that should bring concern to anyone seeking to start a new business venture. An alternative to starting a new business is to purchase an existing …
4 Professionals Who are Critical to Startup Success
Having a unique product or idea is not the only key to creating a successful startup. It is almost impossible to create a viable business by yourself, so you need to build a team with the right types of professionals. You should find people who will supplement your own skills and knowledge to create …