Finance
Local Revenue vs. Online Revenue, or Both
If you are trying to keep your business local, there are several ways to do it. You can do it without doing business online at all, of course, but sometimes a mix of being online…
The Ins and Outs of Applying for a Small Business Term Loan
When most people are in the market for a small business loan, they think of a 3-5 year term with monthly payments. The problem with the business lending industry is that many business lenders are…
How to Forecast Sales and Profits Without Just Guessing
Yes, it’s—my title here—a real question, and I get it a lot: how to forecast sales and profits without just guessing. It’s a good question too, because it leads to a better understanding of how…
How to Take Charge of Your Spending Habits
Spending: Regardless of the size of your business, it is always a concern. Unfortunately, many businesses focus on spending only when income is down; too often, this is the worst possible time to be making…
10 Steps to a Successful Pricing Strategy
During the price strategy planning processes, companies assess past strategies, analyze how well each did, and plan prices for the upcoming year, eagerly anticipating a significant impact on the bottom line. After all, a 1%…
4 Fundamental Financial Tips for Small Business
Small local businesses are the backbone of small towns across the United States (and really, the globe). But starting and growing a small business, no matter where you roam, is never an easy task. Here…
2016 Tax Guide Part 3: Personal & Business Tax Credits
Tax credits are an excellent option for reducing your actual tax bill, as opposed to reducing your taxable income through a tax deduction. There are IRS tax credits for both individual taxpayers and those who…
5 Ways Subscription eCommerce Businesses Will Evolve
Today, we are in a subscription box craze with hundreds of “of-the-month clubs” providing a regular supply of everything from beauty supplies to socks. I, myself, am in the subscription e-commerce business. My company, Carnivore…
Sell or Trade a Business Vehicle?
From time to time business owners will replace vehicles used in their business. When replacing a business vehicle, the tax ramifications are different when selling the old vehicle and when trading it in for a…
2016 Tax Guide Part 2: Personal & Business Tax Deductions
Taxes can take a toll on everyone. If you’re an individual or small business owner, you’ve probably paid Uncle Sam a good chunk of change. There is a silver lining, though. Personal and business tax…
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