Positivity and taxes are two words you do not expect to find in the same sentence. Well, taxes can be positive for your small business. Your small business is more than an avenue for you to grow professionally and increase…
Did you know that you should pay yourself first as a small business owner? For many small business owners, answering yes to the above question seems counterintuitive. You are busy investing in your business with both time and money. How…
“Failing to plan is planning to fail.” ~ Benjamin Franklin Any small business owner understands the importance of financial projections to guide their business strategy. How can you get started with creating your financial projections? You can choose to use…
“If I lose this client, am in trouble! “ It feels amazing to get your first major client, paying you more than all your other clients put together. This is common with small businesses that tend to have a singular…
Did you know that the U.S. tax code is around 70,000 pages long? No wonder, as a small business owner understanding your tax obligations can be overwhelming. Unfortunately, tax reduction cannot be achieved overnight, which is why you need a…
Too many to-do’s, and the lack of expertise to get it all done could leave you feeling helpless. As your business is growing, simple tasks are increasing in complexity. As you go through this phase, it becomes clear that you…
In a few weeks, you can put some money back into your business. This comes down to how you file your taxes. To bring down your taxable income, here are three approaches you can use. Auto Expenses Are you using…
‘The payment shall be made next week.’ ‘The check is in the mail.’ These are statements you likely hear when you are following up on a past-due invoice. Invoice deadlines are significant for any small business owner. They enable you…
60 books a year! According to a recent survey by Fast Company, that is the number of books the average CEO reads in a year. The voracious need to read comes from CEOs consistently being eager to learn so that…
It is the beginning of the year, and the ideal time to prepare your annual budget. Budgeting is an excellent way to understand your business and set up a structure for overseeing your operations. With a comprehensive budget, you will…
