The financial well-being of your business is essential for continued growth and success. The following articles discuss a variety of business-related financial scenarios and tips.
The financial well-being of your business is essential for continued growth and success. The following articles discuss a variety of business-related financial scenarios and tips.
Starting your own business requires more than just hanging a shingle and praying for profits. Focus on the following to give your business a solid beginning and a good shot at success.
You want to provide a retirement plan -- your employees want to save for retirement and you do, too. Everyone wins with tax-deductible contributions and tax deferral of earnings. But there are so many plans out there - how do you choose which one is right for your business?
As a small business owner you may feel that you just don't have the revenues to offer employee benefits.
Employees tend to expect certain benefits from employers. These typically include group life, medical, and dental insurance, as well as a retirement plan. If you already have these basic benefits, what else could your employees possibly want?
Do you ever work in your bathrobe at 2:00 a.m.? If so, chances are you operate a home-based business. Whether your business is full-time or part-time, you get to write off the expenses of running it -- and this can save you a bundle at tax time.
Financial reporting can be quite a chore for small business owners. Unless you are a CPA, accounting probably isn't your area of expertise. But financial statements are important tools for making business decisions.
Ask enough business owners, and you'll hear plenty tout the advantages of buying office equipment, while others swear by leasing. How can you decide whether leasing or buying is better for your own business? Know the pros and cons of each option.
What's more American than owning your own business? Taxes, maybe. While you're taking advantage of our system of free enterprise, be sure to keep your eye on your tax obligations. Here are some tax matters every small business owner has to tackle:
Obtaining a loan for your growing business is an exciting and frightening prospect. Exciting, because someone other than you thinks your business is a good investment. Frightening, because you have a lot to lose if you're both wrong.
If you believe in your business and have decided that a loan is worth the expense and the risk, then it's time to go out and get one.
When a friend of mine got laid off from his job recently, he decided to start a dog-sitting business. One of his first charges was a prize-winning pooch whose "parents" went off to Maui for a second honeymoon. Just around the time his clients were checking into their beachfront bungalow, my friend lost their dog. Hours later, the couple was back on a plane, heading home to hunt for their pup. Although Spot did turn up a couple of days later, my friend couldn't avoid a lawsuit.
As a business owner, you put yourself and your business on the line every day. While no one wants to think about the "What ifs?" it's wise to assume that your luck might run out one day. With the right kind of insurance, you can stop worrying and keep working
What do you call a small business that watches its bottom line? Successful. Whether you're just starting out or have been in business for many years, you can benefit from these seven tips for improving profits, building assets, controlling debt, and managing cash flow.
This is one time when 13 could be your lucky number. Following are 13 places you might find financing for your small business, including five often-overlooked alternatives: