Finance
Increasing Profit Isn’t a Goal, It’s a Wish
According to estimates, 80% of businesses fail by their fifth year of operation. Startling odds, to say the least. However, the 20% that make it beyond this time frame is testament enough that by doing…
Why Recurring Revenues Increase Your Company’s Value
The massive shift in revenue models in recent years Have you noticed how many web apps and content have turned into subscription services during the last several years? Call it the Netflix effect. Application developers once…
Is Investing in Real Estate a Lucrative Endeavor Worth Your Time?
Many people wonder if investing in real estate is worth it. When considering the ups and downs of the real estate marketplace, most experts would say that yes, real estate investments have the potential to…
Is Your Car a Small Business Tax Deduction?
There’s a lot to keep track of when you’re starting your small business. Sometimes half the battle is keeping track of your expenses so that you can write off business costs on your taxes. But have you…
How to Spend Your Inheritance (Wisely)
No one wants to think about the level of inheritance that they will get one day. It’s a morbid conversation to have with relatives for some people, and yet it’s a conversation that must be…
6 Simple Ways to Cut Your Business Costs
Your business costs can increase by up to 10 to 20 percent per annum. For example, companies can expect the price of their favorite airline tickets to rise after an increase in oil prices. Your…
Late to the Investing Game? Don’t Panic! Here’s What to Do
It’s not uncommon to hear financial gurus tell people who are over 50 to pull out of the stock market and cash in their chips. However, many advisors are changing their tune, as the way…
IRS Rules on Deducting Business Expenses
Business expenses are the cost of carrying on a trade or business. These expenses are usually deductible if the business operates to make a profit. What Can I Deduct? To be deductible, a business expense…
How the New 2020 IRS W-4 Form Affects Small Business Employers and Employees
Outside of fun festivities—and the fact that it’s the beginning of an entirely new decade—most people are excited for 2020. A new year means new beginnings, new goals and, in the case of the Internal Revenue…
5 Tips to Help Entrepreneurs Minimize Financial Stress in the New Year
If you’re like many entrepreneurs, you probably borrowed money, in one form or another, to start your business. According to the Kauffman Foundation, nearly 65 percent of entrepreneurs rely on personal and family savings for…