Keeping up to date in real-time makes the effort come tax season exponentially easier. But if you're not staying on top of things, you could make these five common tax mistakes for small businesses. 1. Incorrectly reporting income If you over-report or under-report your income, in the be...
Some new ecommerce businesses with low startup costs and a low risk of liability use sole proprietorships. A sole proprietorship can evolve into other types of businesses later—in fact, it has to if you add to your team—but is the fastest and easiest way to start. A sole proprietorship...
Starting up even the smallest business can be challenging. But take comfort in the fact that you are not alone. In fact, of the four million businesses currently in operation in the UK, more than 99.3% are classified as “small,” with fewer than 50 employees. ...
I’m the owner of medium sized web-design firm in the DFW area. Our focus is on web site design, maintenance, and marketing for local small businesses. Why are you doing this? Word of mouth is a powerful advertising tool. If we can help you and you like working with us, please tell...
Once you learn how to start a petition, you can use Wix’s online form builder to create your own. 16. School website These online resources aren’t just for primary schools and universities. School websites can also offer online teaching and information about businesses that teach things lik...
For many small or recently established businesses, finding sources of capital can be difficult. Companies are often in need of funds before they can build a stable customer base, so they are forced to turn to investors. Many such businesses soon discover, however, that this borrowed money can...
Most entrepreneurs charge into the marketplace with high hopes of success, but many face crushing disappointment when their businesses fail. In fact, the number of small-business exits exceeded the number of start-ups for the first time this year. While 400,000 new businesses are being created...
and an average business can be a great investment at the right price. Fast-growing businesses can be attractive, but only at the right price. In recent years, during long periods of low interest rates, many investors flocked to growth at all costs under the simple and flawed formula of ear...
Following this, I co-founded Stitch, which was based on a small second product we had created at RJMetrics. Stitch focused on data integration software and was later acquired by Talend. Looking back, the biggest piece of advice I would have given myself would have been to start Stitch soon...
This strategy can be successful in some cases but businesses that end up closing their doors are often those that keep the price of a product or service too low for too long. Small businesses have little choice but to close down when the costs of production, marketing, and delivery outweigh...