If you want to keep your business running, you need to fork over some cash to buy goods and services. And sometimes, you might use credit to make these purchases, resulting in accrued liabilities.Read More The Basics of Accrued Liabilities in Business
How’s Your Business Doing? Calculate Year-over-year Growth to Find Out
Do you know how your business is performing this year compared to last? No? Calculate year-over-year growth to find out.
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Attracting customers is a never-ending battle, especially when your market is chock-full of competition. Businesses use a variety of tactics to ward off said competitors, including price wars. Learn what is a price war and how to win one if you find yourself in combat with another business.Read More What Is a Price War, and Is it Worth it for Your Business to Go Into Battle?
The end of the year is a busy, if not the busiest, time for small business owners. You’re gearing up for a new year and trying to wrap things up before the year comes to a close. One thing that should be on your mind during this time is year-end tax planning.Read More Year-end Tax Planning for Small Business Owners: Head Start for 2021
What does a holiday company shutdown have to do with lower overhead and COVID-19? Turns out, a lot. Major corporations like Best Buy, Target, and Walmart have already announced store closures for Thanksgiving 2020 due to the pandemic.Read More Turn up the Holiday Cheer With a Company Shutdown This Year (Plus Save on Overhead)
When you start a business, you have to determine whether you are going to call the shots by yourself or have a co-owner. If you’re not too keen on the idea of running a business solo, you may consider starting a partnership. Find out how to form a partnership to get the ball rolling on […]Read More Ready, Set, Go! Learn How to Form a Partnership Using These 10 Steps
Love the idea of starting your own business, but don’t want to deal with the hassle of finding an office space and paying rent? Then starting a business from home may be a good fit for you. Find out the pros and cons of owning a home-based business and how to start a business from […]Read More Starting a Business from Home: 11 Steps to Successfully Launch Your Home-based Venture
Depending on your business’s location, you may need to pay or remit certain state-specific taxes. One type of state tax your business should be aware of is gross receipts tax (GRT). Read on to learn about gross receipts tax and whether or not you’re responsible for remitting it to your state.Read More What Is Gross Receipts Tax, and Which States Impose It?
If you have a veteran-owned small business, you may be eligible for special training, loans, and contracting opportunities. Read on to learn what types of options are available to veteran entrepreneurs as well as eligibility requirements.Read More What Kind of Support Can You Get for Starting a Veteran-owned Small Business?
If you’re running a business by yourself, you may be considered a solopreneur. And like any other business owner, you need to familiarize yourself with accounting dos and don’ts. Read on to learn more about solopreneurship and tips for handling your books when you’re the one running the show.Read More Thinking About Becoming a Solopreneur? Utilize These 6 Accounting Tips to Succeed