There are a lot of perks that come with running a business. (This includes you, freelancers!) Beyond a sense of freedom, one primary perk that comes with being self- employed is the ability to boost your tax […]
Holiday trips can be so much more than just travel, sightseeing and enjoying good food. Instead, you can get busy and dive into the core local traditions through a hands-on culinary experience to understand the […]
On Christmas Eve of 1966, Paddy Roy Bates, a retired British army major, drove a small boat with an outboard motor seven miles off the coast of England into the North Sea. He had sneaked […]
As a small business owner, you have a lot on your plate. You have to oversee everything from accounting practices to hiring. One of the most critical components of growing your business is your marketing strategy. […]
For new and even experienced entrepreneurs, the process of managing payroll can feel like a complicated jigsaw. Even if you run a small business, you still need to follow the same laws as larger corporate entities that […]
The Tax Cuts and Jobs Act of 2017 altered how many tax allowances you should take for every year since it became law and it certainly has for 2020. Tax allowances are approximate estimates of reductions in […]
One way to keep your business financially sound is to do all you can to mitigate risks. You can protect your business by putting certain policies in writing. Here are six policies that every small-business […]
When you run a small business, it’s easy to become time strapped because you have to wear so many hats. But it’s now possible to automate some of the more mundane tasks with specialized software, […]
Canadian employers know that, in addition to holiday parties, the end of the year brings a little song and dance called “year-end.” Not sure what that entails? Read on to find out. At the end of […]
Working from home has never been easier. Thanks to advances in technology, many professionals can plow through their to-do lists from the comfort of their couch. However, some cities are better for remote work than […]
Today’s business word of the day is “miscommunication.” According to the unabridged English language version of the Collins English Dictionary, the definition of miscommunication is, “a failure to communicate effectively.” Related words from the thesaurus include […]
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 […]
No matter how many years your company has been operating, there’s always a chance that something could go wrong. What happens if your customers don’t make a payment on time, or if a key piece of equipment […]
Despite their impressive 4K displays with HDR, dynamic lighting and more, today’s televisions are mostly left lacking in the audio department. This is because a desire for thinner televisions means they have less space to […]
When you want to land investors or determine where your company is headed, you need to navigate some treacherous financial waters. This requires a financial forecast, lest you be lost. But wait, what’s this? A […]
When opening a business, it would be beneficial to have an idea of what startup costs to expect, whether you’re familiar with the industry or a newcomer. Using data from the Census Bureau, LendingTree researchers estimated the […]
One of the easiest ways to measure a current market is by looking at market share. Apple, for instance, had 15.8% of the global smartphone market share during the fourth quarter of 2018. Apple was second to […]
There are many reasons to celebrate entrepreneurs. Over 30 million of them have opened up small businesses. And they’ve provided jobs for over 58 million people. But entrepreneurship is not an easy path. Opening your own business […]
Small businesses have a huge impact on the economy. According to the U.S. Small Business Administration, there are 30.2 million small businesses, and they make up 99.9% of businesses in the nation. Business owners help create […]
You’ve done your part: You delivered the product or service. Now, it’s time for your customer to do their part: Pay the invoice. Almost every small business owner knows the frustration of an unpaid invoice—in fact […]
There are many different ways that a small business owner can create an invoice—and that’s precisely the challenge. Especially if you’re just getting started as an entrepreneur, you may be wondering whether to create these documents […]
You might be surprised to learn there are numerous apps that will allow you to scale your business and enhance productivity by removing the hassle you encounter in your administrative processes. According to research from […]
If you’re confused by anything related to workers’ comp, you are not alone. A quick Google search brings up all sorts of related questions. Can workers’ comp be used to qualify for a mortgage? Can workers’ […]
Most companies go out of business because they run out of cash. One of the biggest factors that can impact a business’ cash flow is how well they manage their accounts receivable. A well-oiled accounts receivable process […]
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 […]
If you’re considering opening a new business, one of the first things you’ll need to decide is what type of entity you want to run. Entity options typically include sole proprietorships, partnerships, limited liability companies, […]
The latest findings from a QuickBooks Payroll survey of over 1,000 small business owners found that 86% of small business owners take on at least one financial activity for their business, including processing employee payroll and calculating […]
Depending on your business, you’ll need most of the information listed below. You can usually find it using your own records, previous payroll providers (if applicable), or from federal and state agencies. Here’s what you […]
Myka Meier, the founder of Beaumont Etiquette, recently told the Huffington Post that business etiquette is “more than just the practice of good manners and following respectful protocol when doing business with others — it’s the difference […]
Payroll is a business’s largest expense. It’s also a process with many moving parts. Let’s say, for instance, that you run a small team of 10 people. Each of these individuals have unique salaries, withholdings and benefits. On […]