So, you’ve started your dream venture (cue the applause and the confetti cannons!). But now, it’s time to get your registrations out of the way. You might be wondering: Do I need to open a business bank account?
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Accounting Tips, Training, and News
Digital Payments Are a Staple in Friendships, but What About Business?
July 27, 2021Thanks to digital payments, gone are the days where you need to carry cash with you everywhere you go. And, you don’t even have to bring your physical credit or debit cards, either.
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What Is Privilege Tax in Business? The Answer May Surprise You
July 20, 2021As a business owner, there are a number of taxes you may be subject to paying or remitting. One of these taxes is privilege tax. So, what is privilege tax, and are you required to pay it? Get the facts straight about the different types of privilege tax below.
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What Is Net Investment Income Tax? The 3.8% Tax You May Need to Worry About
July 15, 2021If you profit from your investments, this one’s for you. You’re responsible for paying capital gains tax. And depending on how much money you make annually, you may also be responsible for net investment income tax. What is net investment income tax?
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Account Settlement: What to Know About Settling Accounts
July 8, 2021When you run a business, you need to know a little bit about accounting. One of the things to know is account settlement. The settlement of an account can be crucial, especially if you use clearing accounts. What is an account settlement? Why is it important? When should you settle your accounts? Learn all of […]
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Leasing vs. Buying Equipment: What’s the Best Deal for Your Business?
July 6, 2021When it comes to running a business, you need to be savvy with your money to succeed. And, part of being financially smart includes making decisions about leasing or buying equipment. But, which is a better choice for your business? Get the rundown on leasing vs. buying equipment, including what to consider when it comes […]
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Clearing Accounts: Understanding How and When to Use Them
July 2, 2021If you’re not an accountant, the accounting information you need to know can feel daunting. But, buckle up because there’s another tool you need to understand: clearing accounts. What are clearing accounts? Do you need to use them? What do they do? Clear up your schedule for a few minutes to learn all about clearing […]
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6 Business Estimate Facts in a 6-Minute Read
July 1, 2021Want to let your customers know approximately how much a project’s going to cost them? If so, you need to know the ins and outs of creating a business estimate.
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Considering a Deferred Payment? Here’s What You Should Know
June 25, 2021Running a business can be expensive. Rent payments, utilities, taxes, and equipment can all come with a hefty price tag. And if you have employees, you also have to throw in the payroll costs. So to save some money now and pay later, you may consider a deferred payment. But, what is deferred payment, and […]
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What Is Crowdsourcing, and How Can You Use it to Grow Your Business?
June 22, 2021Your business is your baby. You want to see it grow and prosper. But sometimes, you need to try new methods to get the word out about your company and raise funds for business growth. Thanks to the technological age, more options are out there now to assist you with funding and growing your business, […]
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