8 Cash Flow Management Tips to Overcome Summer Slumps
Irregular schedules and incomes are just part of the job for many small business owners and entrepreneurs. During the summer months, this is especially true, as business slows and your best clients may be...
Filing Sales Tax: The 7 Most Common Mistakes and How To Avoid Them
Despite the notoriously complex nature of filing sales tax, it’s easy to be lured into a false sense of compliance. Many small businesses relegate sales tax to the back office or the bottom of...
Invoice Factoring vs. Invoice Financing: Which Is a Better Choice to Grow Your Small...
To keep moving forward, your small business needs the fuel of working capital. Learning how to get working capital is important, but can prove a challenge for small business owners. You have a variety...
Win at Taxes: Classify your Small Business as a Pass-Through Entity
Across the country, CPAs are crunching (and crunching, and crunching) numbers to assess how their clients can benefit from the new tax reform law. And for small business owners, becoming a pass-through entity is...
Comparing the Most Popular Options for Small Business Financing
Every business needs working capital to grow, whether that's remodeling your current physical location, opening a new one, buying inventory or new equipment, hiring new employees, or other major purchases that are vital to...
The Impact of Tax Reform on Financial Statements: Are You Ready?
You’ve probably seen the big changes that many publicly traded entities have announced related to the accounting for the Tax Cuts and Jobs Act. It’s important to remember that the impact of tax reform...
Why Using Sales Tax Revenue as Working Capital Could Destroy your Small Business
There’s an urban myth among many businesses that goes something like this: “I collect sales tax, therefore it’s OK to use it from time to time to run my business.” However, this line of...
Understanding Liquidity – The State of Your Company’s Assets
“I’m very liquid”, you hear the giants of industry say. I think we all jump to the conclusion that the person making the statement has a lot of cash. In general, we would be...
How to Choose your Small Business Accountant
One of the most important decisions that you will make as an entrepreneur is the selection of a small business accountant and tax advisor. It is can also be one of the most intimidating decisions for most...
Small Business Financing: Why you Should Consider a Line of Credit
If you’re running a small business, you’ve got a long list of operational concerns, with cash flow at the very top. Conducting day to day operations, hiring and managing employees, maintaining inventory stock, keeping...
