Now may be the time for small businesses to hunker down and prepare for worse times to come. While the pandemic may no longer be a significant factor … Read more about 5 Economic Indicators that Frighten Small Businesses
Is It Time to Start Exporting?
Did you know that 95% of consumers are outside the U.S.? Small businesses can expand their markets to other countries and capture new customers. … Read more about Is It Time to Start Exporting?
Summer Interns: An Answer to the Employee Shortage?
Walk down Main Street and you can’t help but notice “Help Wanted” signs in a great number of shops, restaurants, and other establishments. NFIB’s … Read more about Summer Interns: An Answer to the Employee Shortage?
What to Do about Rising Interest Rates: 5 Ways to Prepare
On March 16, 2022, the Federal Reserve raised its federal funds rate (referred to as the fed funds rate) for the first time since December 2018 and is … Read more about What to Do about Rising Interest Rates: 5 Ways to Prepare
Spring Cleaning for Your Business: The Big Picture
When you think of Spring cleaning, what may come to mind is straightening out your files, cleaning up your desk, and washing down desktops and … Read more about Spring Cleaning for Your Business: The Big Picture
Inflation Help: 25 Ideas on Cutting Business Expenses
Inflation is making it costlier to do business. Many small businesses are reluctant to raise prices or hike them high enough to maintain their profit … Read more about Inflation Help: 25 Ideas on Cutting Business Expenses
Retirement Plans: Voluntary or Mandatory?
As a small business, it is up to you to choose to have a retirement plan or must you do so? The legal answer is that it depends on where you’re … Read more about Retirement Plans: Voluntary or Mandatory?
Second Anniversary of the COVID-19 National Emergency: What Small Business Has Learned
On March 13, 2020, the President declared COVID-19 to be a national emergency. This was the start of shutdowns and, according to the SBA’s Office of … Read more about Second Anniversary of the COVID-19 National Emergency: What Small Business Has Learned
Buy or Lease Vehicles and Equipment: Which Option Is Better?
In the market for a new truck for your business? Need expensive equipment now? Should you buy it or lease it? There’s no right answer; it depends on … Read more about Buy or Lease Vehicles and Equipment: Which Option Is Better?
Business Owners Need to Plan for Personal Catastrophe
Much emphasis is placed on business planning and what a business should do if there’s a catastrophe. Hopefully, business owners have done this in the … Read more about Business Owners Need to Plan for Personal Catastrophe
Startup Ideas for Success: Finding Money
You may have a great idea for a business. It may be just the thing to solve a problem. Maybe you’re on a mission to save the world. Perhaps you have a … Read more about Startup Ideas for Success: Finding Money
Supplement to J.K. Lasser’s Small Business Taxes 2022
The pandemic triggered numerous changes in tax law as reflected in the book. But tax law is not static and new legislation, IRS pronouncements, and … Read more about Supplement to J.K. Lasser’s Small Business Taxes 2022
Supplement to J. K. Lasser’s 1,001 Deductions and Tax Breaks 2022
Tax law is not static and new legislation, IRS pronouncements, and court decisions continue to tweak tax rules. They affect reporting on 2021 returns … Read more about Supplement to J. K. Lasser’s 1,001 Deductions and Tax Breaks 2022
6 Financial Management Tips for Entrepreneurs
The ongoing COVID-19 pandemic has sparked an uptick in the number of entrepreneurs and companies entering their respective industries. More and more … Read more about 6 Financial Management Tips for Entrepreneurs
Making Changes Now to Your 401(k) Plan
One of the most popular types of qualified retirement plans for businesses large and small is the 401(k) plan. It is funded mainly by employees … Read more about Making Changes Now to Your 401(k) Plan