About Rachel Blakely-Gray

Author Archive | Rachel Blakely-Gray

best states to start a business

When it Comes to Costs and Resources, These Are the Best States to Start a Business

Ah—location, location, location. Choosing where you’re going to open up shop is one of the first and most important decisions you’ll make when starting a business. But, location isn’t just about picking a building on a popular street corner. It’s also about selecting a state to do business in.

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statutory nonemployee

What Is a Statutory Nonemployee?

You’ve heard of employees. You know about independent contractors. And by this point, you may be familiar with what is a statutory employee. But, what about a statutory nonemployee?

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bookkeeping for freelancers

Bookkeeping for Freelancers: Tips for Managing Your Accounting Books

Fifty-seven million U.S. workers are freelancers, representing a shift toward self-employment. But the freedom of freelancing comes with one big disclaimer: you are responsible for everything, including your accounting books. Bookkeeping for freelancers might seem overwhelming, but it’s doable with the right knowledge and tools.

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types of accounts in accounting

Types of Accounts in Accounting That Shouldn’t Fall Off Your Radar

Keeping accurate books starts with knowing the types of accounts in accounting. Otherwise, you won’t know how to record transactions.

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Business Tax Credit vs. Tax Deduction: The Distinction That Makes a Difference

Reducing your tax liability can be a huge relief to your small business. Individual taxpayers and business owners alike have the option to lower their tax bill through business tax deductions and credits. What’s the difference between business tax credit vs. tax deduction?

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disabled access credit

Understanding the Disabled Access Credit

As a small business owner, it’s your responsibility to make your company more accommodating for employees, customers, and other individuals with disabilities. And, did you know that qualifying small businesses can claim a tax credit for doing so? Learn about the disabled access credit to find out if you’re eligible.

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business formulas

9 Business Formulas Math Haters Can’t Ignore

No, you don’t need to memorize a billion formulas or take a calculus class. But, you do need to familiarize yourself with essential business formulas.   

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How to Run a Cash-only Business

Cash-only Businesses: Are They Worth It, How to Run, and More

You know the old saying—money makes the world go ‘round. Today, there are many different payment options to keep the world spinning. But, some businesses prefer to limit customer payments to cash. Do cash-only businesses clog cash flow?

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business reorganization

Are You Thinking About Business Reorganization?

In business, there are no guarantees. At some point, you may find your small business struggling to make ends meet or overburdened by debt. If you’re looking to increase your company’s bottom line, consider business reorganization. Some business owners panic when they think of bankruptcy organization. But before you stress out, remember two things. First, […]

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small business risk management

Small Business Risk Management

Starting a business venture is risky. You may make costly mistakes throughout your entrepreneurial journey. And, there are many things outside of your control that can affect your enterprise. Although you can’t always prevent threats, you can defend yourself through small business risk management. Small business risk management requires significant prep work. You can’t make […]

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