2012 is over. Your sales are done. Your records are final. Your last bank statements should be arriving any day. It is time to start thinking about your 2012 taxes. Now you have to decide if you should go it alone or hire a professional. Instead of debating whether to use TurboTax Online or H&R […]
How Much Cash Should You Keep on Hand?
November 20, 2012 By 2 Comments
Once your business has been around for a while, if you manage it right, you will build a big bank account. Deciding how much to pay yourself and how much cash to keep on hand is a tough decision, and finding the right balance is vital for the long-run success of your company. Cash […]
What You Can Deduct from Your Taxes
October 30, 2012 By 2 Comments
As a new business owner, you probably don’t spend much time thinking about your taxes. Of course, your operations are the priority, but make sure you track everything so you can get the best deductions when April rolls around. Computer Equipment and Software Every business needs an office. Whether you are working in a […]
Treat Your Business Finances Like a Business
October 15, 2012 By 1 Comment
When you have a new business, it is easy to treat the bank accounts like your personal checkbook. Particularly if you have a single owner LLC or sole proprietorship, it might make sense for you to go into your company’s finances for your own personal use, but it is not a good idea to mix […]
Leaving Your Old Job Gracefully
October 8, 2012 By 4 Comments
Now that you are a successful entrepreneur, you have to decide when it is right to leave your old job and go with your new one full time. It is not always an easy or straight forward decision. Can You Afford It? The first question to ask yourself is whether you can afford to […]
