If there’s one thing the year 2020 taught us was to cut unnecessary expenses as much as possible in order for our business to survive. We were forced to balance our expenses with our income (aka; budgeting). We got a …
CREATING A BETTER BUSINESS SPENDING PLAN FOR 2021 (AND BEYOND) Read more »
On February 18, 2021, Governor Evers signed a bill (AB-2) that will conform the State to Federal tax treatment of forgiven PPP loans, among other provisions. What that means is, if it is an eligible expense on the Federal tax return, then it is treated the same on the State tax return. You are now free to categorize your expenses paid with PPP funds as business expenses.
Your small business budget captures the numbers that matter most to keeping your business up and running: revenue and expenditures. Managing and regularly revising your budget can do much more than just track spending. It can yield important insights into …
How to Manage and Revise Your Small Business Budget Read more »
Operating a small business is all about money management. Being in the dark about your company’s finances is a recipe for disaster. It is critical to stay in control of your budget, financial goals, and accounting services if you wish …
Bringing your small business idea to life takes funding. One of the first tasks you have as an entrepreneur is to figure out how you will finance your endeavor. Getting your startup off the ground may require venture capital from …
Guide to Financing Your Small Business and Managing Repayment Read more »
You worked hard to establish your small business, and harder to keep it successful. However, scam artists are everywhere, just waiting to take advantage of all that hard work. What are some of the most common scams targeting small businesses? …
Credit cards can be a great way to get your business up and running, and an even more important route toward building good business credit. When handled correctly, they’re a crucial business tool in today’s economy. Mismanage them, however, and …
Taxes are an inevitable part of running any business and, as a small business owner, you may find yourself with questions regarding your business’s tax filing. Knowing how to prepare in advance of your tax filing day can ensure you …
This helpful guide outlines the basics of what you need to know about self-employed tax deductions and how to save money when it comes to tax season.
Increasing sales translates into increased customer interest and relationship building. Learn the best techniques for improving your small business sales.