There’s no financial prerequisite for starting a small business. In fact, as many of us would admit, the financial side of managing the business is not our strong suit. At least, not in the beginning.
But like exercising a muscle, paying more attention to your numbers on a regular basis can actually strengthen your “financial IQ.” Not to mention help you avoid all kinds of (unavoidable) trouble—and take advantage of some real opportunities you could be ...
Just the thought of April 15 strikes fear in the heart of everyone, and small businesses are no exception. But here’s
a bit of good news: Because April 15 falls on a Sunday and April 16 is Emancipation Day in the District of Columbia,
this year’s (2012) due date for filing federal tax returns is April 17.
But don’t let those two extra days lull you into complacence. The tax advice you’ve heard in years past still applies:
Don’t ...
Entrepreneurs are Renaissance Men. Sure, their primary pursuit is in creating and growing profitable enterprises, but that itself is a complex endeavor replete with individuals’ skills and responsibilities. The best entrepreneurs are creative, ingenious, logical and social, and they have skills in networking, public speaking, negotiating, marketing and even mathematics.
So what is a Renaissance Man? He or she is a polymath – an individual who is skilled at and employed by a number of hobbies ...
In a time when many business owners are looking for ways to keep costs to a minimum, the expense of hiring a qualified accountant or CPA may be considered a luxury. Nothing, however, could be further from the truth. By not investing in a long-term financial advisor, many business owners will only end up shortchanging themselves. Here are three reasons why hiring a qualified accountant or CPA should be considered an essential business expense:
1. Access ...
