Category: Running a Business

Opening A Business Checking Account Online: The 5 Best Options

October 8, 2020 Susan Guillory

In the same way that technology has changed the way we book a flight, hail a cab (or Uber), order takeout, or even buy a car, technology is changing the way we interact with the bank. For example, my mortgage payment is automatically deducted from my paycheck every month and my paycheck is even automatically deposited into my personal bank account. In reality, there are very few banking services I use on a regular basis that require me to go… Read More

Forming an LLC in Texas

September 30, 2020 Susan Guillory

Have you been told that forming an LLC in Texas for your company would be a smart move? There are plenty of reasons to consider a Texas LLC formation as a business owner, but you may have no clue where to start. This article will explain the benefits of the limited liability company business entity, walk you through the steps to form one, and even explain why you might want to hire a registered agent for the process. Why and… Read More

Learn How to Create and Maintain an LLC in Florida

September 30, 2020 Susan Guillory

If you have a Florida business, you should choose the best business structure for your needs. The limited liability company (LLC) is one to consider, and this article details more about how to form a Florida LLC. With a Florida limited liability company, you protect your personal assets and realize some great tax benefits. Read on to learn more about why you might want to form an LLC formation in Florida. Understanding Business Entities Before we look at the benefits… Read More

Key Employee Coverage—5 Options To Consider For Your Business Continuation Plan

September 23, 2020 Andrew Latham

Life insurance is not just for people. Many companies benefit from buying life insurance for key employees as part of their business continuation and succession planning. Seven out of 10 small businesses surveyed by the National Association of Insurance Commissioners said they were very dependent on one or two people for their success (source). However, only two out of 10 had key person life insurance in place. The emotional toll on family and family and the damage to the company's… Read More

Your Accountant Can Help You Build Your Business

September 22, 2020 Ty Kiisel

As a former small business owner myself, I shamefacedly admit that I didn’t take advantage of my accountant’s expertise and point of view and how it could have helped me ramp up my business much faster than I did on my own. In fact, I’m convinced your accountant can help you build your business—you just need to move from a transactional relationship to a consultative relationship. One of my best friends is a CPA. Although he wasn’t my accountant, we… Read More

Business Documents: How Long to Keep Business Records

September 16, 2020 Susan Guillory

You know that good record keeping is part of running a small business, but you aren’t sure how long to keep business records and documents. The last thing you want to do is shred some business documents that you later need...but at the same time, you don’t want to hang onto a lot of paper unnecessarily. In this article, we’ll look at different types of business records, why it’s important to hang onto some of them longer, and what the… Read More