Category: Running a Business

How to Choose the Best Business Checking Accounts for Your Dental Practice

As a dental practitioner, choosing the right business checking account is a crucial task. Not only does it help you keep your finances organized, but it also helps you manage your cash flow and simplify tax preparation. However, selecting the best account from a plethora of options can be daunting.  In this article, we'll dive into the important factors to consider when looking for a dental practice checking account and compare different types of business banking options available for your… Read More

Choosing the Right Business Checking Account for Your Construction Company

As a small business owner running a construction company, it’s essential to keep your business finances organized and separate from your personal accounts. A business checking account helps streamline financial management, facilitate payroll and invoicing, and maintain compliance. However, choosing the right account can be daunting.  In this article, we’ll explore the key features to look for in a business checking account for construction companies and compare different options. Understanding the Importance of a Business Checking Account for Construction Companies… Read More

Finding the Best Business Checking Accounts for Realtors

As a realtor, having a reliable business checking account is essential to managing your finances effectively. Whether you’re a seasoned real estate agent or just starting in the industry, choosing the right business checking account can help you streamline your financial management and grow your business.  In this article, we'll explore the factors that realtors should consider when selecting a business checking account and compare the top options available. Understanding the Unique Banking Needs of Realtors Realtors have unique banking… Read More

9 Ways to Use AI Tools for Small Businesses in 2024

Over 60% of very small businesses surveyed said they didn't currently see the perks of using artificial intelligence (AI) to help run their business. However, there are many benefits that AI tools can offer business owners — they just have to know where to start. This article discusses the best ways to use AI tools, which AI and machine learning tools are available, the pros and cons, and the financial impact of using AI tools.  What Are AI Tools? AI… Read More

How to Pay Yourself as an LLC: A Step-by-Step Guide

Understanding how to pay yourself as a business owner with an LLC can be crucial to both your personal and business financial success.  Starting a business can be a daunting task, but choosing the right business structure can make all the difference. A popular option for many entrepreneurs is a limited liability company, or LLC. An LLC is a type of business structure that provides personal liability protection to business owners while also offering flexibility in terms of taxation. “An… Read More

How Much Business Debt is Healthy

Just like it’s difficult to imagine buying a home or even a car without a mortgage or car loan, small business owners often find that small business loans or financing is essential to grow their business.  But how much business debt is healthy? It’s an important question for the financial health of your business, so let’s dive into ways to use debt strategically.  What's a Healthy Level of Business Debt? Some business owners believe that debt is bad, and focus… Read More