If you’ve recently started your own business, or are in the process of starting one, and you know that having a team will be vital to your success, you need to make sure that any HR guidelines are clear and that you are not violating the tax code in any way. The most frequently asked [...]
While it may not seem it like at first, it really is important to keep separate accounts for business and personal transactions. In fact, it's recommended that you open a small business account before you send out that first invoice to a paying client. You might think, “Hey, I’ll get to it when I can. [...]
What’s the #1 thing you’re afraid of when you start preparing your tax return? For personal AND business returns, everyone is afraid of paying more in taxes than they have to. If you own a small business, tax time can feel complicated and challenging. Deep inside, you know that the livelihood of your company is [...]
Would your business benefit from a higher rate of cash flow? What doors would open up if you doubled your positive cash flow direction? It's possible to increase it, but you have to be intentional about it. Just checking the bank balance before making a purchase is NOT being intentional. Try these strategies to [...]
One of the top reasons most small business ventures close within the first 5 years? Cash flow, or lack thereof. How do you make sure that your business doesn’t become part of the statistic? Emergency savings account. It’s not really an option, it’s a vital part of your business. The longevity of YOU, Inc. depends [...]
