Due
Credit cards encourage impulse buying

Depending on the kind of business you have, you may find that you need to buy equipment. For example, as a blogger, I need a phone, a camera, a microphone and a functioning laptop. I may also need studio lights for good lighting on videos. I, for one, have long avoided investing in equipment. For […]

analyze your taxes

Since we’re in the middle of tax season, it’s likely that you’re running numbers in your business. I know I am. Aside from the end of the year when I look at what to spend, this is usually the time I look at what needs to be cut out of my business. After several years […]

money habits

If you’re starting a business, chances are you’ve already realized you need to be financially resourceful in order to make it. This is especially true in the first couple of years and if you plan on bootstrapping. I often get asked how I’ve managed to be so financially resourceful in my own business. I’ve turned […]

tax bill

It’s tax season. That means all of you are dealing with business finances. Some of you (like myself) are calm because you have everything under control. Others of you, are in a bit of a panic as you try to figure out what happened in your business financially these past twelve months. My job is […]

cash to credit card flow

Cash flow can be a problem for many small business owners. I know because I’m one of those who struggles with it. I also have conversations with my colleagues about how they struggle with it. Granted, many of us aren’t struggling with cash flow as much as we used to. That’s because we’ve implemented some […]

Payments

One of the things I do for my email list is to send them income reports and updates from my business. I do this to show them what’s working in my business and what’s not. In a recent one, I sent out an email detailing how my business brought in over $11,000 in revenue in […]

Bad Debt Tax Deduction

One of the biggest headline grabbing additions to the new Republican tax law, passed in December 2017, is a lower business tax rates. Corporations paid 35 percent of profits to Uncle Sam in the past, after loopholes and deductions, and now pay 21 percent. But what does that mean for small business owners with an […]

Hire Your First Employee

Because it’s the week between Christmas and New Year’s things are pretty quiet right now. People are enjoying some downtime and are out of the office. Because of this, it’s also a good time to grow your business while everyone is on vacation. During our regular schedules, it can be difficult to do the tasks […]

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