Category: Running a Business

6 Ways to Spring Clean Your Small Business

Snow is melting and birds are singing – spring is on its way!  Now is the perfect time to take a close look at a few important areas that can help take your small business to the next level. 1) File your taxes on time Don’t miss the IRS April deadline! If you owe taxes this year, the payment is due by April 15th, regardless of whether or not you have filed your actual tax return. Missing payments can result… Read More

What Do Each of the Presidential Candidates Plan to do for Small Business?

Primary season is upon us. With one caucus down and many more primaries to come, it looks like an interesting road ahead for both the GOP and Democratic parties. One important issue that touches many U.S. families and has a huge effect on the U.S. economy is small business. According to the Small Business Administration (SBA), small businesses account for 54% of all U.S. sales and have created 66% of the net new jobs since the 1970s. Despite this impact,… Read More

Section 179 Tax Deduction: What is it and What Does it Mean for My Business?

A popular small business tax deduction, known as the “Section 179 Deduction” has just been extended. But what does that mean, exactly, and how might it impact you and your small business? What is Section 179 of the IRS tax code? Section 179 of the IRS tax code—which was first introduced in the 1980s and then renewed multiple times until being voted part of the permanent tax code at the close of 2015—was originally intended as a temporary stimulus to… Read More

Protecting Your Business from B2B Fraud

We hear a lot about the impact fraud has on the consumer. Maybe you saw charges you didn’t authorize on your credit card, or maybe it happened to a friend. Did you realize you need to protect your business from B2B fraud? Identify theft and phishing scams are seemingly commonplace threats to our personal financial security, but what about businesses? Are they vulnerable to the same fraud schemes as individuals are? Yes, they absolutely are, though there is sometimes less… Read More

How to Get Paid Faster

Guest post by Square. Getting paid. It's the bedrock of any business, but unfortunately, it can sometimes take a while. From slow-to-deposit funds to clients forgetting about their invoices, there's a lot that can stand in the way of getting paid fast. Luckily, there are some steps you can take to make sure you see money in your account as quickly as possible. Here are some tips for how to ensure you get paid faster — and speed up the… Read More

Creating a Good Business Strategy

Guest post by Tim Berry, founder of Palo Alto Software, entrepreneur, blogger, and business planner. The original post can be found on Quora: What makes a good business strategy? What Makes a Good Business Strategy? There are some obvious easy answers to this question if you take it from after the fact, looking at strategies that worked. From that point of view, a good strategy is one that worked. Every successful business had a good business strategy. Would you agree… Read More