Hiring Family Members as a Small Business Owners
Family-owned businesses are often the heart of a small community. People look at a business that has been passed down from family member to family …
Small Business Cash Flow
Planning for a Personal Catastrophe as a Small Business Owner
Catastrophes take many forms, especially with the pandemic. Being prepared for any possible disaster is essential, whether it be natural or man-made. It’s also essential …
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Everything You Need to Know About Work From Home Tax Deductions
Working from home is a dream come true, so is business ownership. Owning a business entitles you to many deductions. Some people hold the mistaken …
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Registered Business Name Vs. Trademark: What’s the Real Difference?
You’re ready to open your business. All you need is a name that is unique and memorable. The ideal name will identify your business and …
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What is Revolving Utilization?
Your credit utilization is one of the most important driving factors when determining your credit score. Also known as your debt-to-credit ratio, it makes up …
How to Greatly Reduce Your Business Taxes through Leveraging Section 179 Deductions
Figuring out your business taxes each year can be frustrating. It’s important to know what deductions you are entitled to so that you can keep …
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What is a Microlending, and is It Right for Your Business?
A new business can take off like a rocket, but if a financial slow down occurs, it can spell disaster. Microloans are a good way …
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5 Tried & True Ways to Raise Money for Your Business
Money can be tight when a business first opens its doors. Most businesses start out with just enough to get off the ground hoping that …
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The Indirect Method: How to Apply It to Your Business’s Cash Flow
There are two accounting methods that are used to create a cash flow statement. Both methods are valuable and give you an accurate depiction of …
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Revenue vs Income: What’s the Difference?
Income and revenue are often used interchangeably. The fact is, they are quite different and when calculated, can provide an accurate picture of a person’s …