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
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
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
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
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
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
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.
