Jan 23, 2023 | Small Business, Start-Up
Starting your own business is exciting and scary, and you’re bound to make numerous mistakes along the way. Here are four lessons you don’t have to learn by trial and error. 1. Be Open About What You Don’t Know Ask your CPA for yearly projections of what you’ll owe in...
Jan 9, 2023 | Estate Planning, Small Business, Trust
To make certain your business—and the income it generates for your family—continues to run smoothly when something happens to you, you need to create a comprehensive estate plan, and it really needs to include a trust. Without such a plan, your business will be stuck...
Dec 27, 2022 | Small Business, Start-Up
According to the IRS, there are three categories of start-up expenses eligible for deductions: expenses for creating your business, expenses for launching your business, and expenses for organizing your business. Each category consists of different types of costs,...
Dec 12, 2022 | Growth, Small Business
Growth is only sustainable if you have the systems and resources to support it. As your company expands, so do your costs and workload. If you aren’t bringing in enough revenue to cover the increased demand, both your costs and workload can quickly become...
Nov 28, 2022 | Insurance, Small Business
Outside of mandatory coverage, such as worker’s compensation, there are several types of insurance that practically every business owner should invest in. Depending on whether you have employees, use office space, provide services, or manufacture products, you’ll...
Nov 14, 2022 | Small Business, Trademarks
Given intellectual property (IP) can make up a significant portion—sometimes up to 90%—of the total value of today’s companies, it’s essential you do everything possible to protect these intangible assets. One of the first IP elements you’ll want to protect are...