As a small business owner, you have to buy things to run your company. Many vendors and suppliers send invoices when you buy from them. Not managing invoices could lead to late payments, extra fees, and damaged relationships. To better manage business bills, take steps towards accounts payable process improvement.
Read More Accounts Payable Process Improvement: 9 Steps to Better Invoice ManagementAmanda Cameron
How to Change from Cash to Accrual Accounting
November 3, 2022When you started your business, you might have chosen to use cash-basis accounting. Cash basis is the simplest way to record your books. It is good for new businesses with few transactions.
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How to File a Business Tax Extension
November 1, 2022If you are rushing to complete your income tax return, consider filing for a business tax extension. Filing taxes for small business can be difficult, and an extension allows you more time to file your business’s tax return. Learning how to file an extension for business taxes is simple. And, you can avoid mistakes that […]
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How to Price a Product
October 31, 2022Product pricing can make or break your small business. If you set prices higher than what customers are willing to spend, you lose sales. But if you set prices too low, you don’t earn at your highest potential. Price points need to meet somewhere in the middle to generate the most revenue. Do you know […]
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Debt Financing vs. Equity Financing
October 28, 2022As a small business owner, you know that it’s hard to gain business capital. But, you need money to grow your business. Whether you are looking for startup or expansion funds, you usually have two options: debt financing vs. equity financing. Know the difference between equity and debt financing to choose the right one for […]
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Business Refinance Loans for Small Companies
October 28, 2022If you’re like many small business owners, you’ve taken on some form of debt to help your company grow. Small business loans can be very beneficial, but repayments can also become a burden. If you’re struggling to repay business debt, consider reorganizing with business refinance loans.
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Does Your Organization Qualify for Tax-exempt Status?
October 28, 2022If you run a nonprofit organization, you work hard to give back to others. The government offers the opportunity for organizations like yours to gain tax exemption. However, applying for tax-exempt status can be a long and complicated process. Before starting the tax-exempt status application, find out what tax exemption means for your organization, determine […]
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How Much Does Small Business Tax Preparation Cost?
October 28, 2022No matter how small your company is, you have to file taxes. But, your small business tax preparation cost can be more expensive than you might think. How much does small business tax preparation cost?
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How Long to Keep Business Receipts
October 26, 2022If you find yourself tossing receipts left and right, you may want to think again. As a small business owner, keeping receipts is essential for your financial records. And not being able to locate a receipt can be problematic for your business. You need to know how long to keep business receipts to avoid complications […]
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Sales Projections for Small Business Owners
October 26, 2022As a small business owner, you know it’s rare for things to go according to plan. But, without a sense of direction, you’re steering your business blindly into the future. You need to know where you’re headed in order to make smart decisions. To get an outlook on your business, you can learn how to […]
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