Category: Starting a Business

Maybe you already filed your taxes and are wondering, “did I take advantage of every possible deduction?” Or, perhaps you’re running against the clock and hoping you’ve given yourself the best advantage possible. Either way, small business taxes, particularly deductions, can be complicated. However, taking the time to make sure you’re leveraging all the right deductions can save you thousands of dollars each year. And while there are many commonly known tax deductions, there are a few that remain a… Read More

We're not here to tell you whether or not to indulge in April Fool's Day shenanigans this holiday. If you really want to put your cubicle-mate’s stapler in gelatin, that's up to you (and your HR team.) We would be missing a big opportunity, however, if we didn't take the chance to share some common mistakes small businesses are doing every day – many that can make them appear pretty foolish to investors and customers. 1. Not Having a Social… Read More

Running a business isn’t always easy, and there are various challenges that can halt or reverse growth however, few are as dangerous as those that directly impact your finances. Fortunately, you can mitigate financial risk by taking control of your spending and monitoring cash flow.   Here are four common small business spending mistakes as well as a few suggests to help you avoid them.   4 Common Small Business Spending Mistakes 1. Failure to separate business from personal expenses… Read More

When you’re serious about growing your small business it makes sense to get the best advice possible. You can do that even if money is tight by tapping the expertise of Small Business Development Center (SBDC) advisors and consultants. SBDCs are funded in part by the United States Congress through a partnership with the U.S. Small Business Administration. SBDC Centers offer free consulting and free or low-cost training. (Find yours here.) Their results speak for themselves: SBDC clients grow sales… Read More

Leasing a car or truck under your business name, instead of through a personal credit profile, is gaining in popularity with entrepreneurs.  Some business owners like the idea of having newer cars to drive to meetings and events or for other much-needed business purposes. Others don’t like putting so much wear and tear on their personal vehicles and have deemed the IRS’ standard mileage deduction to not be as rewarding as deducting straight expenses. Still, others are hoping to expand… Read More

Spring break is just around the corner, and that means more than half of people between 18 and 34 flock to locations near and far to catch some much-needed rays or break from life’s stressors. For small businesses, spring break can be a challenging time of year – though the nature of those challenges can vary. For some business owners, this means a welcome uptick in revenue and traffic; for others, it can mean a notably slower time of year.… Read More