Financial losses from a product defect, data breach, serious illness or work-related automobile accident can force business owners to close their doors if they’re not prepared. The cost of an unexpected event can be substantial. Hiscox quotes a […]
It can happen to any small business owner — arriving to work only to find property damage, stolen equipment and months of work undone. Nobody can predict when the unexpected will occur, but you can plan for […]
What tools do you need to operate your business? How much funding will you need? Should you carry inventory? The answer depends on the size of your business and your industry. You need to invest […]
Certified payroll is a weekly payroll report. If your business works on federally funded projects as a contractor or a subcontractor, you are required to submit weekly reports to the U.S. Department of Labor. The […]
Collect more cash in less time. How much would your business improve if you could get cash faster, without a huge investment of time? To reach this goal, many companies use technology to automate the invoicing […]
Managing your work as a self-employed person can be hectic. You have to market yourself, deliver a product or service and handle dozens of other tasks. Because they’re so busy, many freelancers don’t invest the […]
What is the true cost of the products and services that you sell? Now, that may sound like an odd question. After all, you generate and review your income statement each month, which reports the total costs […]
Something isn’t working. You did all the right things when you started your small business. You found a customer problem that needed to be solved, and you wrote a detailed business plan for your new […]
Does your tax return include all of your business expenses? If you’re self-employed and work out of your home, you may not be taking full advantage of the home office deduction. Figuring out the tax deduction […]
Many people don’t work well under pressure, and you may face a time crunch to complete your personal tax return. It’s never too early to start preparing for your tax returns. So, before you let […]