Pricing, cash flow, money and more.

5 Solid Tax Tips for Filing as a Small Business

5 Solid Tax Tips for Filing as a Small Business

[content field="callout1" format="true" class="calloutwide"]It's tax time so the mad scramble to gather financial records and fill out forms has begun. Whether this is your first time filing as a small business owner or you have done so in the past, you likely find the process difficult and confusing. A recent Dealstruck survey found that...

5 Ways Entrepreneurs Can Become More Profitable

5 Ways Entrepreneurs Can Become More Profitable

[content field="callout1" format="true" class="calloutwide"]All entrepreneurs desire to build profitable businesses. After all, the only way to achieve longevity is by making money – right? Wrong, and here alone is where the problem begins. Building a profitable business is determined more by how much money you keep than by what you make. Below are 5...

The On-Demand Economy & the Changing Face of the American Workforce

The On-Demand Economy & the Changing Face of the American Workforce

[content field="callout1" format="true" class="calloutwide"]The American workforce is changing before our very eyes. While the traditional full-time job is still the norm, a new group of workers – called the on-demand economy or the gig economy – is redefining how you can make a paycheck in today’s world. Because this is a new and growing...

Initial funding mistakes entrepreneurs make

5 Initial Funding Mistakes Made by Entrepreneurs

[content field="callout1" format="true" class="calloutwide"]Launching a startup is uncharted territory for most people. There are many considerations but no map to guide the way. When you read about the most successful startups of all time, most people focus on the great idea that made the company famous. An excellent business idea is important, but the...

5 Tips on How To Raise Venture Capital for a Start-up Business

[content field="callout1" format="true" class="calloutwide"]If your start-up business is growing, you most likely will want to seek out venture capital at some point. Whereas angel investors will typically lend $10,000 to $100,000, venture capitalist are able to issue multi-million dollar checks. That means that venture capitalists are able to support growth for start-ups from seeding...

federal interest rate hikes and small business

What Every Small Business Needs to Know About Recent Rate Hikes

[content field="callout1" format="true" class="calloutwide"]On December 16th, the Federal Reserve finally made its long-awaited move, raising its key interest rate from a range of 0 to 0.25 percent to a new range of 0.25 to 0.5 percent. While this was hardly an unusual or unexpected move, many investors and business professionals alike are uneasy because...

Profitable or Big Valuation? Which One Is Best? Lessons from Living Social

[content field="callout1" format="true" class="calloutwide"] In the world of "venture" investing, the deals that many investors are looking for are unicorns - billion dollar companies. Uber, AirBNB, Dropbox and other companies like this (before they go public) are what investors are looking for. Companies that can go VERY BIG. It's hard to be a billion dollar company and...

Does Forming an LLC Mean Complicated Accounting? Exploring the Single-Member LLC

[content field="callout1" format="true" class="calloutwide"]As a small business owner, you’ve probably thought about protecting yourself by forming a limited liability company (LLC). If you are a sole proprietor, your personal wealth is at risk from your business activities, including debts and lawsuits. You don’t want a bad business deal to hurt your family or wipe...

How to Get More Funding From Your Bank For Your Small Business

How to Get More Funding From Your Bank For Your Small Business

[content field="callout1" format="true" class="calloutwide"]In the past ten years, large banks have started lending less to growing businesses, as reported by the Wall Street Journal. These cut backs on funding have effected small businesses drastically. Lines of credit and loans are a necessary part of growing one's business. These lines of credit help with expansion, fulfilling...

The Difference Between Finance and Accounting — and Why it Matters

[content field="callout1" format="true" class="calloutwide"] A number of years ago a friend, an MBA from an Ivy League business school, asked me what the difference between finance and accounting was. Up to that point I had not thought about it myself since my career had me in both worlds. We talked about it for a little bit, and afterwards...