I have three important questions for you: Do you know the different types of business structures? Do you know the way in which such business structures are taxed? Do you know that every business structure determines your business profit? These questions imply how your business is doing which is also tantamount …

Financial controls are very important but are often neglected. This set of policy is one of the basic problems I usually meet whenever I try to solve a client’s financial problem or tax issue with the IRS. More often than not, there are no financial controls in place that can …

It is good to hire family members. But there are advantages and disadvantages of doing it. You, as the owner, is also the decision-maker. Be reminded that failing to decide on some issues can complicate and can slow down your business growth. Always think that it’s great to give your …

A lot of people dream of starting their own business. Everybody wants to be his or her own boss. There’s nothing better than to craft a plan without the constraints from other people, implement it with your own sense of deadline, and reap the fruits of your own labor. But there’s …

There’s more to just owning a business. You’re helping people. You’re helping the economy and the society by opening job opportunities for other people. However, the reality that hits most businesses owners—whether small or large scale—is that they need capital to run their businesses effectively and efficiently. Home-based businesses are …

What are your New Year’s resolutions? Probably, you are thinking of the things you would like to change or address for yourself. But how about your small business? Have you been thinking of ways to implement related to your small business? You need to change things that are not working …