With the third quarter of 2024 complete, now’s the time to begin the budgeting process for 2025. The Chief Executive says “Budgeting is always … Read more about Budgeting for 2025: Practical Ideas to Consider
Is Crowdfunding the Answer to Your Capital Needs?
Small businesses may have difficulties raising money through traditional sources, such as bank loans or angel investors. Crowdfunding is an … Read more about Is Crowdfunding the Answer to Your Capital Needs?
Statistics Reveal Surprising Increase In Sole Proprietorships
That’s the big takeaway from recently released IRS statistics on sole proprietorships for 2021. In fact, profits were up 22%. These stats are derived … Read more about Statistics Reveal Surprising Increase In Sole Proprietorships
Employer Matching Student Loan Payments: 10 Things to Know
Outstanding student loan debt in the U.S. is more than $1.7 trillion. There’ve been attempts by the federal government to cancel certain loans—some … Read more about Employer Matching Student Loan Payments: 10 Things to Know
What Is the Pass-Through-Entity-Tax and Who Does it Benefit?
The pass-through entity tax (PTET) is a way for owners of pass-through entities—partnerships, limited liability companies, S corporations—to gain … Read more about What Is the Pass-Through-Entity-Tax and Who Does it Benefit?
Retirement Saving Tips While Running a Business
Balancing the demands of running a brand can often leave planning for retirement on the back burner for small business owners. Unlike employees with … Read more about Retirement Saving Tips While Running a Business
Do You Have a Buy-Sell Agreement?
What happens to your business when you retire—voluntarily or because of a disability—or die? Have you made any decisions about whether to sell your … Read more about Do You Have a Buy-Sell Agreement?
Predicting Future Expenses as a Small Business Owner
Financial forecasting is a vital skill for small business owners. It helps predict your future expenses, ensuring you have steady armor to face … Read more about Predicting Future Expenses as a Small Business Owner
See How to Better Help Employees with Childcare
Childcare benefits can have a positive impact on recruitment, retention, and productivity—all key concerns for employers. According to a survey by … Read more about See How to Better Help Employees with Childcare
Secrets of Business Credit Cards Benefits
Business owners know that they need to have credit cards exclusively for business use and that they should not charge business expenses to their … Read more about Secrets of Business Credit Cards Benefits
Know Your Risks and Mitigation Strategies
I think small business owners are the bravest people. They face a myriad of risks, any one of which can undermine the viability of their businesses. … Read more about Know Your Risks and Mitigation Strategies
Financial Literacy for Entrepreneurs: Key Concepts to Understand
Financial literacy is indispensable for entrepreneurs striving to build and sustain successful businesses. Understanding key concepts, such as cash … Read more about Financial Literacy for Entrepreneurs: Key Concepts to Understand
What Payment Methods Do You Use for Your Obligations?
You have to pay the rent, make payroll, deposit taxes, pay vendors, and more. You want to do this in the most efficient way, meaning you want to … Read more about What Payment Methods Do You Use for Your Obligations?
What Type of Payments to Accept: From Barter to Biometrics
When you hear “show me the money,” what does it mean? Money might conjure up a vision of piles of U.S. dollar bills or bags of coins, but today money … Read more about What Type of Payments to Accept: From Barter to Biometrics
Stagflation: What It Is and How to Survive It
From 1973 to 1982, the U.S. economy experienced stagflation, which is a period of high inflation combined with low economic growth. During this … Read more about Stagflation: What It Is and How to Survive It
