The Idea of the Day® launched in 2004 as a way to help small business owners keep up to date on opportunities, changes, and issues ...

No matter what kind of company you run, you likely store massive amounts of data. Storing all that information does account for some of the ...

As a small business, it is up to you to choose to have a retirement plan or must you do so? The legal answer is ...

Numbers can paint a picture and recently released IRS statistics on sole proprietorships certainly do so. These stats are derived from Schedule C of Form ...

Cryptocurrency offers a massive range of opportunities for savvy entrepreneurs. It is essential to understand the ins and outs of crypto to help you choose ...

Anne M. Mulcahy, former CEO of Xerox, said: “Employees who believe that management is concerned about them as a whole person – not just an ...

Entrepreneurs, by definition, are entrepreneurial. They don’t necessarily limit their business activities to a single endeavor. Some may have one business venture after another—serial entrepreneurs. ...

When you start a business, your goal is to bring in revenue so you can meet your financial obligations (e.g., pay the rent, cover your ...

Third-party payments over a threshold amount must be reported annually to the IRS. This is done on Form 1099-K. Who does the reporting, what are ...

COVID-19 shown a spotlight on health. Now that many employees are returning to the workplace—full time or on a flex schedule—employers can help workers remain ...

Things get canceled all the time…meetings and appointments, customer orders, and leases to name a few. Sometimes cancellations are good for your business, sometimes they’re ...

On March 13, 2020, the President declared COVID-19 to be a national emergency. This was the start of shutdowns and, according to the SBA’s Office of ...

In the market for a new truck for your business? Need expensive equipment now? Should you buy it or lease it? There’s no right answer; ...

Much emphasis is placed on business planning and what a business should do if there’s a catastrophe. Hopefully, business owners have done this in the ...

Almost 78% of small businesses have invested in SaaS (Software-as-a-Service) technology, and the adoption of SaaS in the healthcare industry has increased by 20% annually. ...

You may have a great idea for a business. It may be just the thing to solve a problem. Maybe you’re on a mission to ...

Video marketing has become a truly powerful digital marketing tool. It can be the key to brand development and is almost mandatory for successful promotion ...

The pandemic caused many small business owners to abandon their offices—and the rent for them—in favor of working from home and allowing staff to do ...