Archive | Small Business Tips

Tax Laws that Take Effect in 2011 Effect Small Businesses

Now that 2010 is almost over, small businesses need to start preparing for the tax laws that are going to take effect in a few months. The 2001 through 2003 tax cuts have not been renewed and are set to expire. Once those tax cuts expire, small businesses that pay at the individual rate will … Read More »

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Health Care Tax Relief for the Self-Employed

I heard that I can deduct my health insurance costs because I run my own business. Is this part of the health-care reform bill? How does it work? If you are self-employed and your business is a sole proprietorship, single-member LLC, or sole-owner S-corp, you can indeed deduct your health insurance expenses for 2010, Bloomberg’s … Read More »

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10 Data-Security Measures You Can’t Do Without

Data security should be an important area of concern for every small-business owner, The Business Insider reported. When you consider all the important data you store virtually — from financial records, to customers’ private information — it’s not hard to see why one breach could seriously damage your business. According to the most recent Verizon … Read More »

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Give Employers Some Credit

It’s difficult enough these days to find work, and some job candidates are finding that what’s keeping them unemployed is their credit. So far, four states—Washington, Hawaii, Connecticut and California—have passed legislation limiting how employers can use credit reports, 20 more states have pending bills and Congress is now looking at the legality of the … Read More »

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5 Year-End Survival Tips for Entrepreneurs

Surviving the year-end cash crunch is always tough. This year, it’s going to be even tougher. With economists predicting another ho-hum holiday-shopping season and stripped-down corporate budgets already spent for this year, small businesses are going to have to get creative if they want to keep cash in the bank and revenue coming in the … Read More »

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Hiring Your First Salesperson: How to Pass the Torch

In the early days, you handled finance, production, shipping and marketing. Oh, yes – you were the lone salesperson, too. All of this went along with the title of president. As the company grew, you hired people to replace you in areas like marketing and finance. Through all the personnel changes, though, you continued in the … Read More »

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