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Barbara Weltman

Big Ideas for Small Business, Inc.

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SMB Financial

Sales Tax

August 15, 2023 / By Barbara Weltman

3 Sales Tax Traps to Avoid

During the summer months, many states offer sales tax holidays for consumers buying back-to-school items. It’s a good time to learn about your sales … Read more about 3 Sales Tax Traps to Avoid

Enable an Emergency Savings Account for Employees

August 3, 2023 / By Barbara Weltman

Enable an Emergency Savings Account for Employees

Financial experts suggest that people have a savings account to cover 4 to 6 months of expenses in case of an emergency. Yet, according to Bankrate, … Read more about Enable an Emergency Savings Account for Employees

Recession-Proofing Your Business: Plans B and C

June 22, 2023 / By Barbara Weltman

Recession-Proofing Your Business: Plans B and C

It’s common knowledge that having a business plan is helpful, if not essential, in running a successful business. But savvy business owners know that … Read more about Recession-Proofing Your Business: Plans B and C

Strategy for Handling the Little Expenses

June 1, 2023 / By Barbara Weltman

Strategies for Handling the Little Expenses

With inflation still prevalent, those nickels and dimes, or $5 and $10 expenses, may not seem so important. But they can add up. Just $10 a month is … Read more about Strategies for Handling the Little Expenses

How Does Wage Withholding Help Employees?

May 25, 2023 / By Barbara Weltman

How Does Voluntary Wage Withholding Help Employees?

PwC’s 2023 Employee Financial Wellness Survey found that 57% of employees think finances are the top stress in their lives. They worry that the cost … Read more about How Does Voluntary Wage Withholding Help Employees?

Reasons Why a Line of Credit Could Benefit Your Boutique

May 12, 2023 / By Megan Burke

5 Reasons Why a Line of Credit Could Benefit Your Retail Boutique

When it comes to managing a retail business, such as a fashion boutique, maintaining a healthy financial status is crucial for ensuring success in the … Read more about 5 Reasons Why a Line of Credit Could Benefit Your Retail Boutique

FAQs on Small Business in 2023

May 2, 2023 / By Barbara Weltman

FAQs on Small Businesses in 2023

Small Business Week 2023 runs from April 30 to May 6, so it’s a great time to be talking about small business. Often “small business” is a buzz word … Read more about FAQs on Small Businesses in 2023

Recession Proofing Your Business Requires Inventory Management

April 25, 2023 / By Barbara Weltman

Recession Proofing Your Business Requires Inventory Management

In the last couple of years, the biggest concern for inventory-based businesses has been supply chain disruptions. Now, the focus is on managing … Read more about Recession Proofing Your Business Requires Inventory Management

Are You Properly Insured?

April 18, 2023 / By Barbara Weltman

Are You Properly Insured?

Insurance coverage is a must for businesses that hope to survive the impact of storms, fires, and other dramatic, unexpected events. There are certain … Read more about Are You Properly Insured?

Women Entrepreneurs Survive and Thrive

March 30, 2023 / By Barbara Weltman

Recession Proofing Your Business: How Women Entrepreneurs Survive and Thrive

Recessions certainly present challenges, but there are opportunities too. Bill Gates started Microsoft during the oil embargo recession of 1973 to … Read more about Recession Proofing Your Business: How Women Entrepreneurs Survive and Thrive

Recession-Proofing Your Business: Handling Debt

February 9, 2023 / By Barbara Weltman

Recession-Proofing Your Business: Handling Debt

On February 1, 2023, the Federal Reserve raised its interest rate by a quarter of one percent, making it the highest rate since October 2007. This is … Read more about Recession-Proofing Your Business: Handling Debt

Small Business Taxes 2023

February 8, 2023 / By Barbara Weltman

Supplement to J.K. Lasser’s Small Business Taxes 2023

This year’s book reflects the tax rules as they stood on December 1, 2022. But tax law is not static and new legislation, IRS pronouncements, and … Read more about Supplement to J.K. Lasser’s Small Business Taxes 2023

3 Hidden Business Costs

January 26, 2023 / By Barbara Weltman

3 Hidden Business Costs and How to Reduce Them

You know you have to pay the rent, your payroll costs, and many other obvious expenses. That’s because you have a bill, a contract, an invoice, or … Read more about 3 Hidden Business Costs and How to Reduce Them

Your Business GPS

January 19, 2023 / By Barbara Weltman

Your Business GPS Plan

You’ve all heard of a business plan, and hopefully you’ve even done one for your business. But have you considered a business GPS plan? The difference … Read more about Your Business GPS Plan

Recession Proofing Your Business Making Strategic Plans

January 5, 2023 / By Barbara Weltman

Recession-Proofing Your Business: Making Strategic Plans

Each year for the past several years, I’ve run a series of articles throughout the year on a single main topic and this year will be devoted to … Read more about Recession-Proofing Your Business: Making Strategic Plans

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Barbara’s Recent Posts

  • 9 Smart Financial Decisions for Business Owners in Retirement June 6, 2025
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  • Becoming Penniless: What Does this Mean for Your Business? June 3, 2025
  • Scale Your Business by Stepping Up IP Protection May 29, 2025
  • Disasters Happen: It’s Important to Be Prepared Now May 27, 2025
  • How Work Order Software Transforms Small Business Operations May 26, 2025
  • The Numbers Are Up for Sole Proprietorships May 22, 2025
  • New Business or Project Crowdfunding: What To Know May 20, 2025
  • Old-School Estimating vs. Smart Solutions: What’s Really Holding You Back? May 19, 2025
  • Employees Getting Called to Public Service: What to Know May 15, 2025
  • Not Too Late to Prep for Summer Now May 13, 2025
  • How Will the Next Generation of Learners Affect the Workplace May 12, 2025
Awarded Top 100 Small Business Blog medal (link will open in a new window or tab)
Marquis Who's Who 2023 Badge
Top Small Business Blogs (Link will open in a new window or tab.)
8 Financial blogs small business Owners Need to Read. Invoice home.  (link will open in a new window or tab)
Best Small Business Blog, Expertido.org
Top 50 Small Business Blogs 2018
Best Small Business Blogs
BizHumm Top 100 Business Blog Award to Barbara Weltman
FitsSmallBusiness.com: Award for Best Small Business Blog 2017 (link will open in a new window or tab)
FitsSmallBusiness.com: Award for Best Small Business Blog 2016 (link will open in a new window or tab)

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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.

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