What is a Cash Flow Forecast?
A cash flow forecast is an estimate of the future inflow and outflow of cash for a business. It helps business owners make informed decisions about how to allocate their resources, and helps them plan for upcoming expenses. Cash flow forecasting can be an important tool to have when you are trying to make decisions […]
What to Know about Business Licenses
If you’re thinking of starting a business, one of the first things you’ll need to do is apply for business licenses. This can be a daunting task, but we’ve got you covered. Here’s what you need to know about business licenses …
A Quick Guide to IRS Mileage Reimbursement
As gas prices soar in 2022, small business owners should be aware of the mileage and fuel reimbursements available. As of July 1st, 2022, the IRS has set new federal mileage reimbursement 2022 rates. At the beginning of the year, the rate was 58.5 cents per mile and now has increased to 62.5 cents per […]
How to Build an Email List
Email lists are a powerful way for small businesses to reach their customers. By building a small business email list, you can stay in touch with customers and let them know about new products, services, and special offers. Follow these tips to build an email list that will help you reach your customers and grow […]
Tips to Create a Marketing Budget for Small Businesses
Marketing for small businesses is critical for growth, especially during the early stages of a company. That’s why it’s so important to create a marketing budget early on. When people think of marketing budgets, they often default to advertising, and with good reason. Advertising is the fastest way to reach potential customers. An advertisement budget […]
Do I Need a Blog for My Business?
If done correctly, business blogs can act as the biggest drivers of organic traffic to your website. Blogs for business are a free and easy task to help promote your company and solve problems for your audience. Despite the potential, many small businesses do not utilize a blog. Maybe, they don’t have the time, resources, […]
10 Best Tax Deductions for Small Businesses
A tax deduction, or tax write off, is a business expense that can be subtracted from your taxable income, decreasing the amount of money you owe. Tax deductions for small businesses are important because they ultimately reduce your tax liability and lower your tax bill. This will help your business save money in many areas. […]
Do I Need an Accountant for My Small Business?
Many small business owners feel they need to do it all, but should that include the stress from managing all the business finances? When it comes to keeping the books, there are three people to look at: yourself, someone on your team, or an accountant. Given your limited bandwidth as a business owner, it’s natural […]
5 Biggest Mistakes Small Businesses Make
According to the U.S. Bureau of Labor Statistics, 20% of start-up businesses fail during the first two years and around 50% fail in the first five years. This can be discouraging to startup entrepreneurs who are looking to start a business. Let’s look at the five biggest mistakes small businesses can make and the potential […]
