If you want to make a profit, you need to mark up your products. But, how much is too much? To figure that out, determine a fair markup percentage. Calculating markup percentage helps you get the most out of pricing methods.Read More How Much Is Too Much? Determining a Fair Markup Percentage
Expanding, downsizing, or simply relocating? If you change your business address, you need to let people know.Read More Moving Locations? Don’t Forget to Change Your Business Address With These Places
Does your invoicing process look a little something like this? Print, fold, stick paper in envelope, seal, add stamp, add addresses, mail, and repeat. If you’re cringing at the thought of having to mail off one more invoice to your customers, you might consider e-invoicing.Read More Want a Contact-free Way to Bill Customers? Consider E-invoicing
One of the first things you do as a business owner is choose a business name. Your business can operate under your legal business name. Or, you can operate your company under a trade name. So, what’s the difference? Read on to learn more about business name vs. trade name and how they contrast.Read More Do You Know the Difference Between a Business Name vs. Trade Name?
A budget can act as a little roadmap to guide your business through the year. It can help you avoid overspending, make educated financial decisions, and stay organized. But if you aren’t careful, you could wind up making budget mistakes that negate all of these benefits.Read More 5 Common Business Budget Mistakes That Can Throw Your Whole Year Out of Whack
A sole proprietorship is the most common type of business structure. A whopping 73% of businesses in the U.S. are sole proprietorships. If you’re considering starting your own venture and forming a sole proprietorship, weigh the pros and cons of a sole proprietorship before making a decision.Read More What Are the Pros and Cons of a Sole Proprietorship?
Do you have questions about your tax situation that nobody can seem to answer? If so, you may need a private letter ruling from the IRS. What exactly is it, and how do you get it?Read More What Is a Private Letter Ruling from the IRS?
If your business is private, at some point or another you may consider going public. When you go public, you go through an IPO process. So, what is an IPO? Read on to learn the ins and outs of an IPO, what the process entails, and the pros and cons of going public.Read More What Is an IPO? The Process of Going Public
To grow your business, you need to track financial information and measure performance. One metric you should be keeping an eye on is your business’s profit margin. Read on to learn how to determine profit margin for your company and ways to improve your margins.Read More How to Determine Profit Margin for Your Small Business in 3 Simple Steps
When disaster strikes, you have a lot on your mind. Your first thoughts might be of repairing damages and getting your business back up and running. But then it hits you … Oh no, my taxes are due soon. Thankfully, there’s tax relief in disaster situations.Read More Tax Relief in Disaster Situations