Finance
Cut Your Taxes Using Your Excess Inventory
Excess, nonmoving inventory is a common business problem that, fortunately, also contains its own solution. By donating that new, idle merchandise to charity, your business can earn a federal income tax deduction.
Don’t Count Out the Home Office Deduction
You may not know this, but you could have a home office on your hands and could be missing out on a major tax break if you ignore this deduction. So how do you know if you actually have a home office, and what can you do with it once you’ve established you have one?
What to Do When Customers Don’t Pay
A few weeks ago, I received an email from a frantic new business owner. One of his clients—a very large company—had an outstanding invoice that was 90 days past due. Concerned and cash-strapped, he wanted to know what he should do.
Are Declining Sales OK?
Most business owners think that you have to grow your sales from year to year. But is that really true? Volume is vanity. Profits are sanity.
3 Working Capital Tips for Your Small Business
Money is often tight for budding entrepreneurs. It is crucial that your hard-earned start-up money is not wasted, so make sure to keep in mind the working capital required for your small business to grow.
The 3 Tax Tips Post Graduates Need to Know
For post grads in the workforce today, there seems to be one underlying factor consistent in everything you do: save money, make money, and be smart with your money.
Using Barter to Boost Sales
Businesses can utilize barter to boost sales production. It’s easy, it’s smart and it works like a charm. In its simplest form, bartering involves an equal trade. One business swaps a good or service for another.
Small Business Lending 2.0: The Technological Revolution
When new technology sprouts up, there is often a battle between two entities: old guard vs. new. Normally, the old guard will hold on to its original ways as long as possible until it has no choice but to adapt.
When is a Reward NOT a Reward?
Converting a reward program to a marketing program is a violation of your customers’ trust. Losing their trust is one of the quickest ways to drive your customers to your competitors.
Question of the Week: How to Improve Cash Flow
“Can you give me advice or tips on improving my company’s cash flow? I own a small landscaping company and struggle with my receivables.”
Top Articles in This Category
Stay up to date with
