Jun 30, 2023 | Small Business, Start-Up
According to the IRS, there are three categories of startup expenses that are eligible for deductions: expenses for creating your business, expenses for launching your business, and expenses for organizing your business. Each category consists of a number of different...
Jun 26, 2023 | Assets, Small Business
Last week in part one, we discussed different strategies entrepreneurs can use to protect their business and personal assets. Here, we’ll look at two final ways entrepreneurs can achieve asset protection. 3. Put sound legal agreements in place Legal...
Jun 19, 2023 | Assets, Small Business
Asset protection planning is intended to reduce or eliminate the risks of being in business by shielding your business and personal assets from litigants, creditors, and other potential threats to the fullest extent legally possible. It’s crucial to have asset...
Jun 12, 2023 | Economy, Revenue, Small Business
The last few years have been extremely challenging for most entrepreneurs. Here are 4 tips to boost your revenue strategy in order to maintain your company’s long-term financial health. 1. Don’t focus on passive revenue Focusing on generating passive revenue in your...
Jun 5, 2023 | Small Business, Successor
Whether you exit your business with a sale, your incapacity, or as a result of your death, there will come a time when it’s time to go. To ensure your company continues to prosper, here are three tips for developing a sound business succession plan. 1. Begin with the...
May 30, 2023 | Small Business, Website
Your Terms of Use page sets the rules for your company’s website, and going without one opens your business up to a number of unnecessary risks. Also known as “Terms and Conditions” or “Terms of Service,” your Terms of Use function as a legally binding agreement...