General

Does your business revolve around selling goods online? It’s a common startup style, and you can benefit greatly from these management strategies.

You’ve heard the old adage that you have to spend money to make money. Stay smart about your finances and pay debts while your small business grows.

Your business journey doesn’t peak at the first time you open your doors. Set short-term and long-term goals to keep your venture on the right track.

Taxes can be a confusing element of business ownership, but understanding the deductions for which you may qualify can give your financial health a serious boost. Your small business may be able to take advantage of a range of tax deductions that can optimize your profit. Let’s take a look at a few deductions and…

A New Year’s Checklist for Your Small Business As you transition into a brand-new year of small business ownership, pause and engage in a thorough evaluation of the past year’s highs and lows. Don’t just set new goals; develop a comprehensive plan to achieve them! A new year signifies new beginnings and fresh opportunities. It’s…

In the ever-changing world of entrepreneurship, a set of vital skills separates the successful from the struggling. These management skills aren’t just about great ideas or a knack for innovation; they’re about leading a team, making strategic decisions, and navigating growth phases. Let’s take a look at the management skills every successful entrepreneur has. Strategic…

As a small business owner, you are the driving force behind your enterprise. You make important decisions and chart the course for your business’s future. However, none of this would be possible without the dedicated team that works alongside you. Your employees are your small business’s most significant asset, and you are responsible for investing…

Small businesses serve as the vibrant and dynamic backbone of our economy. However, these entrepreneurial ventures are not immune to the cyclical nature of economic downturns. Sooner or later, the economy inevitably enters a recession phase—a period characterized by reduced trade and production. Due to their size and limited resources, small businesses often bear the…

For your small business to grow sustainably, you’ll need to allocate your budget toward the things you need most. Leasing equipment, as opposed to purchasing it outright, can be a strategic financial decision with a host of benefits. Make an informed choice by learning more about the upsides of leasing equipment for your small business.…

Congratulations—you’ve landed on a business idea that can benefit your community while turning a profit! In order to get your idea off the ground, you’ll need to incorporate your business as its own entity. Take these steps one at a time, and you’ll soon be a proud and proper business owner. Choose a Unique Name…

If you’re hesitant to take out a loan or use a unique financing option to fund your business, you may think using your own money is a better idea. However, you have a limited amount of money, so you’re limited in what you can do with it. On the other hand, when you’re not spending…

What is a ROBS, and how can you use one to your advantage as you grow your small business? ROBS is an acronym for Rollover for Business Startups, a financial strategy that allows you to roll over your 401(k) funds into a new retirement plan established by your business—tax penalty-free. The business retirement plan uses…