Finance
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…
The Secrets to Improving Profits in Your Small Business
It’s about time to rummage through my spice rack and see what I need to throw away and what I need to replace. I’m sure I’ll find several little jars that have only a small…
3 Things You Need to Remember About Profits
Are you a small business owner? Are you looking to start your own business? The politicians can misunderstand profits, and so can the general public, but you’d better not. Profits are good, not bad; but…
2016 Tax Guide Part 1: Personal & Business Tax Returns
Whether you’re an individual with a full-time W-2 job, a freelancer who earns 1099 income through independent contractor work, or a small business owner, you’re likely on the hook for filing at least one federal…
Giving the Customer More Than They Paid For
We’ve long had the idea that a value proposition has to do with “exceeding customer expectations” or “giving the customer more than they paid for.” I’ve held that position but am questioning it. Instead, perhaps…
Online Payment Alternatives to PayPal
People usually choose the most popular brands because they think such a choice will ensure product quality. When it comes to online payments, PayPal has been the leading platform ever since 1998. After separating from…
Small and Home Businesses Commonly Overlook These Deductions
Most small business owners are so busy managing their everyday businesses, that when tax season rolls around they just want to get the dreaded task out of the way as soon as possible. However, by…
Profitability Per Product
I was dealing with a firm that was having problems with its profitability. Profitability had fallen over time, and management just did not know what was causing the problem. Once I understood the situation, I…