Small Business Blog for Entrepreneurs and Startups
Accounting and bookkeeping is vital for small businesses to track their sales, expenses and profits. Read my review of Quickbooks Online and Intuit Gopayment, the mobile credit card reader and payment processor that automatically syncs with your account of Quickbooks online seamlessly. Discover cash flow management tips, how to get paid as a DBA Sole Proprietor and how to collect debts from your customers lawfully.
Payroll fraud is a problem that impacts businesses of all sizes. The kind of data used to make sure your employees get paid represents a major windfall for any scammer lucky or devious enough to get access, so you should do what you can to protect your business. That means keeping up to date with [...]
Managing everyday’ chaos in the salon is a tough job, indeed! But using the smarter way to handle every task is necessary. We all are enjoying the benefits of digitization has given us. Adopting the right salon software for the salon will not only make every task seamless. But will also give your Salon [...]
Employers have various legal obligations they need to adhere to each day, which can range from OSHA regulations to tax requirements. Running a company can ultimately be a minefield for legal breaches and health risks, which could severely impact your business. If you want to deal with multiple challenges throughout your company’s lifespan effectively, learn [...]
Profit is the most important thing in the business world; how much money the company makes at the end of the day will determine how successful you are. This means that business owners should always be looking for ways to maximize profits to help their company to reach their potential and stay ahead of the [...]
Inventory management isn’t exactly something many find thrilling. The idea of regularly counting inventory sounds unappealing to most. However, it is necessary. After all, inventory costs money. You need to manage yours to stay financially healthy. This is especially true if you’re looking to take out small business loans; you want to be able to [...]
Did you know that 1 in 5 business owners do not have separate business and personal bank accounts in their business? For the 28.8 million small businesses in America, that amounts to 5.76 million small business owners whose finances are entangled and attached to the success and operation of their business. Regardless of whether your [...]
The self-directed solo 401(k) is a highly flexible and profitable plan for long-term wealth creation. The combination of flexible investments, high contribution limits, payroll deductions, tax-deferred growth, and liberal allowances for employer contributions makes self-directed solo 401(k) a smart move for small businesses with substantial income potential and free cash flow. Designed for small businesses, [...]
As a fellow business owner of a sole proprietorship, I use and recommend Quickbooks Online as the best accounting software because of its excellent combination of power, flexibility, value and the ability to expand with your growing company. Plus you (and your team) can access it from ALL of your devices (mobile, online and desktop). [...]
