Understanding the true costs of starting a small business

Many of us have dreamed of starting our own business...being our own boss, in control of our destiny then sailing away in that yacht once the business takes off.  When planning on launching your...

Mitigating Sales Tax Risk with Davo

Ever stay up nights worried about a risky deal?  Sales Tax Risk is very real and affects small businesses every day.  In sales, every deal carries risk and as the initiator of the deal,...

3 Best Practices for Interacting with Vendors  

Contractors, vendors and freelancers of all kinds are often an integral part of SMB success. For business owners, contracting outside help for specific and one-off tasks is an easy path to savings on employee...

ASU No. 2016-14: Do We Face it or Bury It?

Life is full of “face it or bury it” decisions. For example, a beloved family member has noticed that someone has consumed the last significant scoop of ice cream from the carton and left...

Protecting your small business from natural disasters

According to the Federal Emergency Management Agency (FEMA), more than 40% of businesses never reopen after a disaster, and for those that do, only 29% were still operating after two years.  That is a sobering statistic...

3 Hidden Ways Your Business Processes Could Be Poking Holes in Your Profits

The journey of a small business is the craziest, bumpiest, most amazing roller coaster ride anyone could ever invent. There are times when you’re at the top with your hands in the air laughing...

3 Unexpected Expenses Likely to Hit Your Small Business

In life, you will always encounter some sort of unexpected expenses. These expenses could be from car damage, an urgent doctor’s appointment, or shelling out a lump sum to pay for a home repair. While...

3rd Party Order Apps Create a Tax Liability for Restaurants – Here is the...

Today many restaurants are using 3rd Party Order Apps (3POA) such as GrubHub and EAT24 to attract new customers and increase their bottom lines.  However, 3POA apps have the potential to create huge sales...

Employee or 1099 Contractor? Here’s How You Know

If you are a business owner looking to hire an employee and/or someone to work with or for you, you will need to determine the status of the individual. Meaning, you need to understand...

Last Minute Tax Tips for SMBs

It's just about that time to finish up those business taxes - and you may really only be a few hours away if you are filing by March 15th. If your taxes are finished,...
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