[This article has been updated to reflect the new tax law that went into effect on January 1, 2018]
Let's talk about the home office deduction.
People ask me about it all the time.
“Can I take it?"
“Do I qualify?"
“Will it... Continue
No matter what kind of small business you run, you need to get paid. Wouldn’t it be great to be paid on the spot, rather than having to chase customers around?
Mobile payment apps allow businesses to be paid quickly and easily.... Continue
Bryan Clayton of Greenpal has been in landscape contracting his entire career. Clayton's business used to get paid the old-fashioned way: by sending invoices and follow-up payment notices via mail well after a job was completed.
Every business owner seeks a profit, but even a profitable business won't survive without enough cash on hand to pay the bills.
Positive cash flow is a sign of financial health and good management. Yet owners of new and growing businesses... Continue
If you're looking to start your first small business, there is one thing you need to know more than anything else, the role profit and cash flow will play in your venture.
An Insights West survey found that nearly half of small business... Continue
There are three types of people I just don’t understand: skydivers, long-distance runners and small business owners who do their own payroll.
Jumping out of a plane for the thrill of it just seems silly. There plenty of ways to get... Continue
Getting a payroll system in place for your small business can seem like a daunting and potentially expensive challenge.
While a large corporation might be willing and able to shell out some dough to a traditional full-service payroll... Continue
Are you putting together a business plan? Well, good luck with that. I’ve seen lots of business plans over the past few decades that have been prepared by many well-meaning business owners for themselves, their bankers and their... Continue
Do you want to really have a great handle on your cash flow? Do you want to minimize surprises in your business and reduce stress in your life? Then you need ways to improve your cash flow and create a forecast for your small business.... Continue