As a small business owner you face challenges every day – from hiring and retaining good employees to bringing in enough business to keep the doors open. Keeping track of payroll and the state and federal paperwork that needs to be filed can take you off course from running your business, that’s why outsourcing your […]
Why outsourcing your payroll is good for your company’s bottom line Read More »
Bankruptcy: What was once a last resort and utilized by few individuals, is now – because of this difficult economic climate in which we are living – is becoming more commonplace. Taking the steps to file bankruptcy is not something that should be taken lightly but for those businesses and individuals who don’t see light
Bankruptcy, is it for you? Can you avoid it? Read More »
The recent economy has been hard on small businesses – there’s no surprise there, right? And entrepreneurs who have been seeking working capital are being faced time and again with being turned down by bank officers. Recently, though, the chasm between banks and small businesses appears to be lessening, according to a report issued by
What you should consider if you’re looking at a business loan Read More »
A survey undertaken by the United States Federation of Small Business and DYMO showed that because of the downturn in the economy many small businesses are making cuts to stay afloat. No surprise there, right? Here is a breakdown of where small businesses are making those cuts: 23% of respondents have cut their staff 29%
Cutting costs, increasing productivity? It can be done Read More »
In the 1800’s, barter was commonplace as people would pay the town grocer, the town doctor or the town barber with chickens or vegetables that they had grown on their farm. The problem was this system was inequitable.   The doctor’s service was paid for with whatever the patient had on hand at the time, irrelevant
How to grow your business with barter Read More »
You’ve decided to take the plunge and open your own business or buy an existing one. You are an expert in the field that you are undertaking – whether it’s opening a floral design, wedding planning, automobile repair, or a sandwich shop; but are you an expert in bookkeeping and accounting? Do you even want
Top 10 Do’s and Don’ts for your business bookkeeping practices Read More »
Do you know the difference between accounting and bookkeeping? When many small businesses open up, the owners sometimes use those terms interchangeably but they do have noticeable differences. In your small business, you have to keep up with both functions – bookkeeping and accounting. Here are the differences:  Bookkeeping is the process of the record-keeping
Accounting and bookkeeping: Know the difference Read More »
Regulations that take effect in 2012, will require any taxpayer with business income to issue 1099 forms to all vendors from whom they purchase more than $600 in goods and services from during that year.
Tax mandates could mean paperwork nightmare for small business owners Read More »
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