Cash flow stands as the lifeblood of any small business. The inflow and outflow of funds directly impact a business's ability to operate, grow, and fulfill its financial obligations,...
Posted by Pat Raskob on 08/22/2023
A business requires much preparation for unseen situations. That is why it is beneficial to perform excellent research before starting a business. This will help to navigate and explore...
Posted by Taxes Made EZ Inc on 10/26/2022
For a small business owner, tax season can be stressful, and the prospect of paying a large sum of money to the government is not really a pleasant one. That's why small business...
Posted by Pat Raskob on 09/30/2022
Hundreds of notable character and personality traits define you or your favorite successful small business owner. However, certain characteristics stand out when we compare the entrepreneurs...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 07/12/2022
Small businesses have other tangible struggles in the economy. Owners of these businesses are looking for ways to cut expenses while saving more. And one of the ways to reduce costs...
Posted by KLSM CPA Firm PLLC on 06/11/2022
What if disaster strikes tomorrow? Next week? Next month? Are you ready? Is your business small? Contingency plans are essential if you plan to keep a business running for years to...
Posted by Rosovich & Associates, Inc. on 05/09/2022
Generally, tax deductions are expenditures that business owners can subtract from their taxable income. It is economical as it saves cost by reducing the tax amount you need to pay.Most...
Posted by Pat Raskob on 03/31/2022
Everyone has a personal credit history. Personal credit history must be separated from their business credit for small business owners. As individuals, the errors in personal credit...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 02/22/2022
Selling a small business implies income, and income means taxes. But the way you structure your business can make a big difference in how much of the sale price goes towards taxes...
Posted by Pat Raskob on 11/11/2021
