Blogs
What is Tax Debt and How Does it Impact Your Small Business?
If your business owes taxes to the IRS after the filing deadline, you have tax debt. Even if you filed early and paid a portion of the bill, the remaining balance is considered tax debt. Many small business owners fear that the IRS will seize their businesses if they...
How Small Business Owners can Write-off Vacation Expenses
One of the best things you can do for yourself is to take a vacation. This will give you the opportunity to take a break from your routine and relax, allowing you to recharge. This can be a challenge for small business owners because you are responsible for everything...
How Can a Small Business Establish Trust with its Employees?
There are many different reasons why employees choose to change employers- but there does seem to be a common theme: lack of trust. Many times, this is due to changes in the company, such as a change in leadership or a merger/acquisition. Other times, it’s due to a...
Tips for Improving Your Small Business Supply Chain
As a small business owner, it is important to understand the importance of the supply chain when it comes to inventory management and business strategy. If you have an efficient supply chain, it can help you save money and improve customer satisfaction. On the other...
How to Manage Small Business Debt
When it comes to running a business, debt is necessary and can be a good thing- but it is important to note that taking on the right amount at the right time can make all the difference in the world. According to the Small Business Administration, approximately 50% of...
Small Business Growth: When to Hire a Manager
A manager is an individual that is responsible for leading a team toward a common goal or objective. This person takes direction from leadership and puts it into action. Basically, a manager takes the owner’s mandate and mission and implements it within the team. When...
What Are Your Small Business Assets?
As a small business owner, it’s important that you have an understanding of business assets. An asset is anything of value that your business owns. Assets are listed on your balance sheet and must be categorized. Everything that your business owns from your office...
Understanding Small Business Financial Risks
If you are a small business owner, it is critical that you are aware of the most common financial risks you may be exposed to. Whether you have a brick-and-mortar store or you are running an online business, if you don’t have the right information, you may make poor...
6 Ways Office Plants Benefit Your Business
If you don’t already have plants in your office, then it’s definitely something you should consider. After all, according to the Environmental Protection Agency, we spend about 90% of our time indoors. Therefore, adding plants to your business will bring the outside...