Haven’t Started Your Taxes Yet? It’s Ok, Here’s What to do Now
April 17th, the big day for many businesses, is less than a month away, but we know that many small business owners have yet to start – really start – to prepare their taxes, and the pressure is building.
Maximizing Your Business’s Potential: How to Use Tax Returns to Your Advantage
If you just see your tax return as a calculation of what you owe the tax man, you are missing out on a lot of valuable insights. Your tax return is a potential goldmine of insights about your business that can guide your decision-making going forward and open the door for more profits.
Answers to Frequently Asked Questions About Tax Deadlines for 2023
Tax season is here, and that means it’s time to not only gather your documents and file your annual returns but also to plan for the coming tax year. If your only income sources are W-2 based, the annual deadline will be your main focus, but if you are self-employed or own a business, you face several other deadlines over the coming months.
Busting a Few Common Tax Myths
As a business owner, you’re likely always looking for ways to reduce your tax burden and maximize your bottom line. But with all the rules and information to keep track of, it can be easy to accept some of the “tax myths” floating around. Let’s ensure you know some of the more common false beliefs, so you don’t run into problems.
How to Prepare an Effective Franchise Loan Package
So you’ve decided you’d like to be a franchise owner. Now, you’ll need to apply for financing, and that means assembling a loan package to present to potential lenders.
Necessary Questions to Ask During Business Tax Planning
The goal of business tax planning is to take full advantage of opportunities to minimize your tax burden. To do that, you’ll need to regularly analyze your current financial situation and any financial changes you expect or hope to occur in the near-to-medium term, as well as understand the tax laws and regulations that apply […]
Understanding a Franchise Disclosure Document (FDD)
The Franchise Disclosure Document (FDD) contains essential information that can determine the ultimate success of your franchise.
So be sure to give it a careful read to determine if a particular franchise is the best choice for you.
Getting Financing for New Franchise Buyers
Franchises are a great option for entrepreneurs because they have a proven business model and typically offer resources like training and advertising, rather than starting a business from scratch. On the other hand, that comes with high fees and initial startup costs – which can include real estate and equipment, depending on your choice of […]
Biggest Bookkeeping Mistakes Small Businesses Make
Bookkeeping is one of the hardest aspects of running a business for many owners, yet it is also one of the most important. Stop making big bookkeeping mistakes and you’ll soon start to reap the rewards.
5 Payroll Apps for Every Small Business
Staying on top of payroll is one of the most important tasks for small businesses, but it can be challenging and time-consuming. As a business owner, you want to ensure that your employees are paid correctly and on time, every time, but keeping up can be tricky, especially with all the legal requirements.