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10 Ideas for Avoiding Waste
Benjamin Franklin said it best: “Waste neither time nor money, but make the best use of both. Without industry and frugality, nothing will do, and ... -
Tips for Improving Your Business Credit Score
As well as loyal customers, money is the thing that makes all businesses turn over. So, as a business owner, you know that your credit ... -
New and More Effective Ways Startups Can Successfully Use AI Features
We are in the 21st century right now and artificial intelligence is more than simply a trendy term. Small and medium businesses, startups, and enterprises ... -
Less Is More in Recessionary Times
The saying “less is more” is attributed to Lugwig Mies Van Der Rohe, one the founders of modern architecture. He promoted simplicity of design. The ... -
Is Now the Time to Buy an EV for Your Business?
Most small business owners use their personal vehicle for business driving. And some small businesses own vehicles used exclusively for company driving. If your current ... -
Reward and Punishment on Your Tax Return for Being a Pass-Through Owner
If your business is a sole proprietorship, partnership, limited liability company, or S corporation—all pass-through entities—you report your share of business net income or loss ... -
Startup Ideas: Getting the Right Advisers
Big corporations have departments for various aspects of their business, such as departments to handle legal, accounting, IT, and HR. They also have a board ... -
Thoughts on Labor Day 2022
This year Labor Day in the U.S. falls on September 5th. It is a federal holiday created in 1894 in response to unions’ urgings. This ... -
Multiple Businesses: Thorny Tax Traps
Today, many go-getters aren’t satisfied running one business. They pursue multiple ventures at the same time. There may be various reasons for this, including having ... -
Start Your Holiday Marketing Plan Now
The temperature outside in many places is sizzling, but it’s not too early to picture snow and the holiday season. This year, it’s particularly challenging ... -
Xero vs. QuickBooks: An Accountant's Review
Which is the better accounting software - Xero or QuickBooks Online? Both Xero and QuickBooks have positive feedback from customers - the ratings for Xero ... -
5 Ways to Recession-Proof Your Business
Are we in a recession, which is defined as a significant decline in economic activity or two consecutive quarters of GDP contraction (something we’ve already ... -
5 Ways to Help Employees with Financial Wellbeing
Are employers responsible for their employees’ financial health? Should they act in loco parentis (a Latin phrase meaning in place of the parent)? You may ... -
Startup Ideas for Success: Working with Family
When starting in business you want to use all the resources you can, and that includes family members if you have them and they’re ready ... -
5 Reasons to Become a C Corporation
Almost all small businesses in the U.S. are pass-through entities—sole proprietorships, partnerships, limited liability companies, and S corporations. When it comes to small businesses, of ... -
Startup Ideas for Success: Get the Licenses and Permits You Need
When you go into business, the government is your silent partner in more ways than one. The government takes a chunk of your profits in ... -
What To Do If You Fall Behind in Tax Deposits
If you are an employer, you are required to deposit your employment taxes on a regular schedule that’s dependent on the usual amount of the deposit. ... -
Additional Taxes on Small Business Owners
There’s been much discussion about “taxing the rich” and making them “pay their fair share.” What may get lost in the discussion are the special ...
Tag: small business
Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.
