Get anytime access to our growing collection of classes, workshops, and exclusive content. New items added every month.
When Should a Small Business File as an S Corp?
Navigating the landscape of business structures can often feel like deciphering a complex puzzle. Among the myriad options, the S Corporation (S Corp) stands out for its unique tax benefits and operational flexibility.
Why the Profit First Method Should Be Your Business's Financial Foundation
The Profit First method, popularized by author and entrepreneur Mike Michalowicz, is a cash management system that turns traditional accounting on its head by prioritizing profit over other financial aspects. Unlike the conventional sales formula - expenses = profit, the Profit First method flips it to sales - profit = expenses. This means that profit is not just an afterthought but a non-negotiable priority.
How to Grow Your Small Business While Working Full-Time
Are you one of the many aspiring entrepreneurs who dream of turning their side hustle into a thriving small business while still holding down a full-time job? You're part of a community facing a common challenge.
Uncovering the Hidden Benefits of Building Business Credit
When entrepreneurs and small business owners think of building credit, they often focus on the immediate benefits, such as securing financing or making larger purchases. However, numerous hidden advantages exist to establishing and maintaining strong business credit beyond traditional financial considerations.
From Side Hustle to Main Street: The Rise of Small Business Entrepreneurs
The concept of a side hustle has gained popularity in recent years. It allows individuals to pursue their passions, test business ideas, and supplement their income outside traditional 9-5 jobs.
Best accounting software for small business
One key benefit is the ability to streamline repetitive tasks, such as invoicing, expense tracking, and financial reporting. This automation frees up valuable time for business owners to focus on growth and strategic initiatives. It reduces the risk of human error, ensuring that financial data remains accurate and up to date.
Overlooked Tax Breaks for Small Business Owners
While most entrepreneurs know standard deductions such as office rent, employee salaries, and utility bills, several often-overlooked tax breaks could save you money. Here are some lesser-known tax breaks that small business owners should not miss:
Finding Balance Between Work and Life
Entrepreneurship is a journey that can be both exhilarating and challenging. On one hand, being a boss and building something from scratch can be incredibly rewarding. On the other hand, the long hours, constant pressure, and never-ending to-do lists can take a toll on your mental and physical health.
What is a Sole Proprietorship
A sole proprietorship is a business owned and operated by one person. It is the simplest type of business structure and is often the first choice for new entrepreneurs. The business is not a separate legal entity from the owner, meaning the owner and the company are the same.
Bill Spend & Expense Business Card Review
This game-changing financial tool is designed to simplify expense management for businesses of all sizes. This review will explore the key features and benefits that make the Bill Spend & Expense Card stand out.
Marriott Bonvoy Business Card review 2023
The Marriott Bonvoy Business® Card also comes with many other benefits, including complimentary Marriott Bonvoy® Gold Elite status, which can help you earn even more points and enjoy special perks like late checkout and free Wi-Fi.
Surviving your first year in business
Starting a business can be exciting yet challenging, especially during the first year. This is a critical time as you navigate the ups and downs of entrepreneurship.
Risk Management for Entrepreneurs: Protecting Your Business
Every business will face different risks depending on their industry, size, and location. Identifying potential risks is the first step in risk management. After identifying these risks, an entrepreneur must assess them - understanding their potential impact and the likelihood of their occurrence.
Work-Life Balance: Achieving Success without Sacrificing Personal Time
While it's tempting to put in long hours to sustain and grow your business, it's essential to take care of yourself and make time for the things that truly matter.
Credit Unions vs Big Banks: Which is Better for Small Business Owners?
When picking the right financial partner, owners often wonder whether to choose a credit union or a big bank. In this blog post, we’ll discuss both pros and cons, so you can decide which option is the best for your business.
Why Do Small Businesses Need a Registered Agent?
Aa registered agent can be an invaluable asset to any small business. Today we will explore the importance of a registered agent for small businesses and how it can benefit you in the long run.
SEP IRA: A Retirement Plan for Small Business Owners
As a small business owner, one of your top priorities should be preparing for retirement. Being smart about where your money goes can make a huge difference in how much you save and how comfortable you are in your golden years.
How Loving What You Do Fuels your business
When you’re passionate about something, you’re constantly thinking about how to improve it. You’re always looking for new ways to innovate, differentiate, and create something unique.
Elevate your business with HoneyBook
As a business management software, HoneyBook offers various features and benefits that cater to the unique needs of different types of businesses. Let's examine how HoneyBook can benefit two industries: freelance graphic designers and small event-planning companies.
The Importance of Surrounding Yourself with Positive, Motivated People
Positive Energy is Contagious - When you surround yourself with positive people, their energy is infectious. Positive energy can significantly impact your mood, attitude, and behavior, making you feel more optimistic and motivated to take on challenges. As a business owner, positive energy can increase creativity, productivity, and decision-making abilities. When you bring positive people into your personal and professional circle, their energy can improve your overall well-being and the well-being of your business.