8 Simple Cost Saving Measures for Small Business Owners
All successful businesses do their best to save money, improve efficiency, and increase profits when and wherever possible. This is especially necessary for small businesses on a tight budget. While there are numerous ways to save money, these eight cost-saving measures are among the easiest to implement: 1. Bargain Bargaining with vendors is one way to […]
I’m Starting a New Business – Should I Use an LLC (Taxed as a Partnership) or an S Corporation?
Entrepreneurship has been called the new American dream. Hanging a shingle starts with the idea that develops into a business plan, but only with careful financial and legal considerations. New business owners grapple with deciding whether to form a limited liability company taxed as a partnership (LLC) or a corporation making an S election (S […]
Impact of Tax Reform on Small Businesses
Now that it’s tax season, you may be concerned about how the Tax Cuts and Jobs Act, enacted in December 2017, will impact your small business. The reforms represent the most sweeping tax overhaul in 30 years and could positively impact your business’s bottom line—but they may have left you feeling a little confused. Here […]
