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Small business owners are the backbone of America’s economy. In 2025, they’re facing an unpredictable landscape shaped by inflation, shifting workforce dynamics, new technologies, and differences in state policies that can make or break a venture.
Read More Study Reveals the Best and Toughest States to Start a Business
Are you prepared to handle unexpected financial setbacks in your business? From recessions to equipment breakdowns, financial challenges hit when least expected. To safeguard your business without taking out high-interest loans or new lines of credit, you need a business emergency fund. But if you’re unsure about how to build an emergency fund, you’re not […]
Read More How to Build a Business Emergency Fund
More than one million limited liability companies (LLCs) have been formed in Ohio. You might be interested in the liability protection and pass-through taxation an LLC brings. Starting a business may sound daunting, but our guide on how to start an LLC in Ohio can help.
Read More How to Start an LLC in Ohio: Step-by-step Guide to LLC Ownership in the Buckeye State
Ready to invest in innovation within your business? If so, you could be eligible for a powerful incentive: the federal research and development (R&D) tax credit. The R&D tax credit is available to businesses that create or improve products, processes, software, or technologies.
Read More Research and Development (R&D) Tax Credit—Do You Qualify?
Have you heard of a microbusiness? Even if you haven’t heard the term, you probably could list at least five microbusinesses off the top of your head. A microbusiness is a small business with fewer than 10 employees—think your local coffee shop, boutique, or food truck.
Read More How to Start—and Get Funding—for Your Microbusiness
A profit and loss statement is one of the most important tools you have in your business to determine profitability. Do you know how to create a profit and loss statement?
Read More How to Create a Profit and Loss Statement
Understanding how your business earns, and keeps, money is fundamental to financial success. You can look at gross income and net income to gauge business profitability. But what is the difference between net income vs. gross income? And why does it matter for your business?
Read More Net Income vs. Gross Income: Know Your Business Profits
You hear about it all the time in the news, Cost of living rising! Maybe you think about it on a daily basis, Do I earn enough to cover my standard of living in my state?
Read More The Average Cost of Living by State, and Why Ignoring it Could Sink Your Business
Ten out of 10 businesses sell products or services. And when you make a sale, you need to record the transaction in your accounting books. How comfortable are you with making a journal entry for sales?
Read More How to Make a Journal Entry for Sales in Your Books
Your business’s financial statements give you a snapshot of the financial health of your company. Without them, you wouldn’t be able to monitor your revenue, project your future finances, or keep your business on track for success. So which financial statement is prepared first?
Read More Which Financial Statement Is Prepared First?