Business owners often confuse margin and markup. After all, they both deal with sales, help you set prices, and measure productivity. But, there’s a key difference between margin vs. markup, and knowing this difference is how you can set prices that lead to profits.
Read More Margin vs. Markup: Chart, Infographic, & More
Do you have a small business as defined by the Affordable Care Act (ACA)? Do you offer health insurance to your employees? If so, you might be eligible for health insurance tax credits for the coverage you provide your employees. And, you may qualify for write-offs if you’re self-employed. Keep reading to find out if […]
Read More Health Insurance Tax Credits for Small Business Owners
In many types of service industries, employees can receive tips in addition to their regular wages. If your employees earn tips, you may consider giving tip pooling a try. Keep reading to learn all about tip pooling, including how it works and tip pooling laws you need to follow.
Read More Ready to Dive Right Into Tip Pooling? Read This Before You Take the Plunge
Understanding your business tax obligations is not always easy. There are different ways a business can be taxed. One method of taxation is a pass-through tax. If you own a small business, you need to know about pass-through taxation.
Read More What Small Business Owners Need to Know About Pass-through Taxation
Saving isn’t easy for small business owners. But, regularly setting aside small amounts of money helps you maintain long-term financial health. Opening a business savings account is one easy way for your company to save funds.
Read More Should I Have a Business Savings Account?
As a small business owner, you probably spend a lot of time and money on taxes. But, not all businesses have to pay taxes. Have you ever wondered, “Is my business tax exempt?”
Read More Is My Business Tax-exempt?
The first time filing taxes for small business owners can be overwhelming. Make your first time filing business taxes run smoothly by understanding your liabilities.
Read More First Time Filing Taxes for Small Business
As a small business owner, you track the money your company earns in your accounting books. Can you identify the types of income you record? For example, ordinary income is a common type of income that your business earns.
Read More What Is Ordinary Income?
A business credit score measures how well your company handles debt. A good business credit score can help you gain capital to grow, as well as help you borrow funds when cash is low. You can improve your small business credit score with a few simple steps.
Read More 4 Ways to Improve Your Small Business Credit Score
As a small business owner, you have to take care of all your company’s tasks. Your responsibilities can get overwhelming. To help you complete tasks, you may want to try working with freelancers.
Read More Working With Freelancers at Your Small Business