How to Prepare your Small Business for Global Expansion

So, you’re considering expanding your business internationally? Global expansion can open the door to a host of benefits. You could gain a competitive advantage, create opportunities for growth and diversification, and access new talent...

Your Small Business’s Guide to Inventory Management

It's easy to see the importance of controlling your small business's cash flow, but oftentimes the challenge is where to begin. The answer is inventory management. Inventory management is important for any retail business,...

Four Supply Chain Solutions for Your Small Business

One of the most important concepts of inventory management is learning how to optimize your supply chain. The term “supply chain” might sound overly complex for a small business. A supply chain is not...

How Working From Home Can Make your Small Business More Efficient

In a recent State of the American Workplace report (GlobalWorkplaceAnalytics.com) it was revealed that 43% of employees spent at least part of the week working from home. Advances in technology have made this possible...

How to Utilize Drop Shipping and Maintain Sales Tax Compliance

Drop shipping can facilitate order fulfillment at any time of year, especially during the busy seasons. Unfortunately, drop shipping can also complicate sales tax compliance. With drop shipping, a retailer purchases product from a supplier...

12 Steps To Manual Payroll in QuickBooks 2018 Desktop

Thousands of emerging small businesses have been preparing manual payroll for their few employees using the old-fashioned method of looking up tax tables to process payroll deductions. Unfortunately, QuickBooks stopped featuring this ‘built-in’ functionality...

The Costs and Effects of Labor: How to Calculate your Burdened Labor Costing

As a business owner, you may have heard the term “critical mass” before. It refers to the minimum amount we need to start or maintain a venture. However, we all know that when operating...

5 Steps to Mastering Email Organization

Let’s face it, you may have a beautiful desk, color-coded planner, and pristine car, but chances are there is a disaster hidden where most people are unlikely to see it: your email inbox. At...

Three Key Steps to Preparing a Disaster Recovery Plan For Your Small Business

June marks the beginning of hurricane season in the Atlantic, which means that many Americans are facing dangerous storm conditions, evacuations, and potentially devastating property damage. Aside from the usual worries regarding family safety...

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...