The US federal government often contracts with small businesses. The government might turn out to be one of your top customers.
Once you decide your business needs help, who do you hire? A bookkeeper, an accountant, or both?
A small business with a firm foundation can often weather a recession and come out the other side as strong as ever.
You will likely do most of your company’s tax work yourself at first. Are you up to the challenge of paying taxes as a small business owner?
Owning a business comes with a certain amount of risk. One way to balance out that risk is to invest a portion of the profits to build wealth on the […]
A franchise means that you own a certain store or restaurant, but pay royalties to a larger company for the right to use its trademark and branding.
When making your business plan, including market research can provide valuable information. It can also give you an idea of the direction you want your business to take and your […]
As supply and labor prices rise, small businesses, which are often operated on a tiny margin, are squeezed the most. But the right decisions can help a business weather even […]
With the sale of a business, owners may hope to fund their retirement, donate to charity, or pass on wealth to heirs. Smart tax strategy can make it possible to […]
A farm probably isn’t going to be good insurance against disasters or a source of passive income. But it could be a solid small business.
If you run a shop front, you need to understand all the possible methods for taking payments so that you can choose the right ones for you.
Small businesses can be structured in several different ways, the most popular of which are the LLC (limited liability company) and the S corporation. Each comes with its own benefits […]