Author: Chris Scott

FeaturedMoneySmall Business

How to incorporate your small business

Written by:

If you’re an entrepreneur looking to become a small business owner, one of the first things you’re going to have to decide on is how to …

FeaturedMoneySmall Business

Do you know the difference between advertising and marketing?

Written by:

Statistics show that 10% of small business owners don’t invest in any form of marketing and that nearly 50% of owners spend less than two hours per …

FeaturedMoneySmall Business

Should you ditch accounting spreadsheets?

Written by:

The past decade has been rough for business spreadsheets. First, the London Olympics accidentally sold 20,000 tickets to a swimming event that could only accommodate 10,000. …

FeaturedMoneySmall Business

Sales tips that every small business owner should know

Written by:

As a small business owner, making sales is critical. However, finding the balance between “successful” and “annoying” can be challenging, especially if you don’t have much …

FeaturedMoneySmall Business

Why a time card app is more critical now than ever

Written by:

If you’re a small business owner, the days of using paper timesheets are gone. Today, many business owners use time-tracking software to track employee time. Converting …

FeaturedMoneySmall Business

How to avoid miscommunication in the workplace

Written by:

Today’s business word of the day is “miscommunication.” According to the unabridged English language version of the Collins English Dictionary, the definition of miscommunication is, “a failure …

FeaturedMoneySmall Business

Market penetration strategies for small business owners

Written by:

One of the easiest ways to measure a current market is by looking at market share. Apple, for instance, had 15.8% of the global smartphone market share during …

FeaturedMoneySmall Business

What is an S corp? Everything small business owners need to know

Written by:

If you’re considering opening a new business, one of the first things you’ll need to decide is what type of entity you want to run. Entity …

FeaturedMoneySmall Business

9 modern business etiquette rules to improve workplace culture

Written by:

Myka Meier, the founder of Beaumont Etiquette, recently told the Huffington Post that business etiquette is “more than just the practice of good manners and following respectful protocol …

FeaturedMoneySmall Business

4 ways to measure profitability & grow your business

Written by:

Today’s business word of the day is “profitable.” According to the unabridged Merriam-Webster English Dictionary, the definition of profitable (prɑːfətəbəl) is, “affording profits: yielding advantageous returns or …

FeaturedMoneySmall Business

How to use online marketplaces to boost your small business sales

Written by:

As a small business owner, you may find yourself looking for exciting, creative opportunities to sell things. Branching out can help you build a new customer …

FeaturedMoney

Need to pay Lyft taxes? Here’s how to file

Written by:

A recent report from the Pew Research Center found that more Americans are using ridesharing apps than ever before. In 2018, 36% of adults said that they used …

FeaturedMoneySmall Business

What is retail? What is wholesale? A guide for small business owners

Written by:

Whether you’re a business owner who’s buying or selling goods, it’s essential to understand the various components of the supply chain. One of the critical decisions …

FeaturedMoneySmall Business

W-2 employee forms: A small business owner’s guide to filing

Written by:

If you’re a small business owner ready to hire workers, you need to understand the tax implications of doing so. Business owners can recruit two types …

FeaturedMoneySmall Business

Accounting principles for small business owners

Written by:

If you’re a new business owner—or, thinking about starting a business—you may not realize that there are rules and regulations about how to keep your financials. Even …

FeaturedMoneySmall Business

How to avoid the dangers of business non-compliance

Written by:

According to the unabridged edition of the Collins English Dictionary, the definition of non-compliance (nɒnkəmˈplaɪəns ) is a “failure to comply; refusal to yield, agree, etc.” Many …

FeaturedMoney

Complete guide to filing self-employment taxes

Written by:

In the past decade, the self-employment industry has grown more rapidly than any other employment segment, and the American Bureau of Labor Statistics expects it to continue to …

FeaturedMoneySmall Business

Here’s why small business owners should know what ‘nexus’ means

Written by:

Today’s business word of the day is “nexus” (pronounced nek-səs, plural nexuses). According to the American Heritage English Dictionary, the definition of nexus is a connection or …

FeaturedMoney

13 common expenses & tax deductions for independent contractors

Written by:

As an independent contractor, you’re responsible for paying self-employment tax on any income you make. Self-employment tax can come as a shock, especially when filing your …

FeaturedMoneySmall Business

8 financial KPIs to help measure your business’s performance

Written by:

When running a small business, you can’t rely on your gut instinct all the time, especially when it comes to evaluating your company’s financial health. You should …

FeaturedMoneySmall Business

How to choose a pricing strategy for your small business

Written by:

It’s no secret that small businesses play a vital role in the US economy. However, revenue for small businesses can be scarce. For instance, small businesses …

FeaturedMoneySmall Business

8 accounting equations every business should know

Written by:

Managing your business’s finances and revenues can be a full-time job, so much so that you may need to create a financial position to handle these …