For the love of your business
For the love of your business
Q: Can I Claim a Tax Deduction For a Home Business Office? — Prospective Small Business Owner A: As a home-based business owner, you can derive a benefit from a home office in one of two ways: 1) you can complete IRS Form 8829 and deduct part of your mortgage or rental expenses […]
Read MoreAs the Baby Boom generation moves on to retirement and Millennials increase their presence in the consuming world, more companies are including Corporate Social Responsibility (CSR) in their business plans. According to the World Business Council for Sustainable Development, CSR is “a continuing commitment of business to contribute to economic development while improving the quality […]
Read MoreWith the advanced connectivity options available through the internet and associated devices and applications, more and more people are earning a living by working from home. Many of us, however, may be so ingrained in the notion of being employed and reporting to work at a fixed location that we may not be able to […]
Read MoreGoing into business for yourself means learning about a lot of things, and not all of them are necessarily fun. Take taxes, for example. Unless you’re an accountant, dealing with the tax issues that come with your business is probably not your favorite task. But once you get the hang of it, it really isn’t […]
Read MoreToday, we live in a truly global economy, so much so that it is often natural to consider expanding by doing business overseas. The Internet helps make this quicker and easier than ever before. Before moving to global operations, however, it is important to consider how that decision will affect marketing, shipping and delivery, tax, […]
Read MoreQ: What Can I Do as a Small Business Owner to Match Up With Black Friday? — Frustrated Small Business Owner A: Dear Frustrated: Black Friday has become a phenomenon for the national and regional retail chains because of the marketing power of those businesses. Small businesses and sole proprietorships, however, don’t have the kind of cash […]
Read MoreThere’s been a lot of hullabaloo in recent years over the “after-action review.” The general concept is that after you’ve weathered a major event, you reflect on the strengths and weaknesses of how your company performed. The goal is to improve your performance in similar events in the future. Some businesses expand on this concept […]
Read MoreWhen you engage the services of a lawyer, an important thing to keep in mind is confidentiality. If you are a business owner in need of advice or representation, confidentiality of your business information can be critical. To understand the confidentiality present in your relationship with a lawyer, you need to understand the three distinct […]
Read MoreIt seems like major retailers report breaches of their customer’s private data almost weekly. But businesses themselves are also subject to identity theft, and unfortunately, they are more apt to not discover the theft until much later in the game, after significant damage has been done. Businesses identities can be stolen in various ways. Often, […]
Read MoreAccording to Merriam-Webster, an entrepreneur is a person who “starts a business and is willing to risk loss in order to make money.” But being willing to take risks isn’t the whole equation, at least when it comes to succeeding in business. After all, the majority of businesses started by entrepreneurs, ultimately fail. So what […]
Read MoreQ: I have a small business and am thinking about expanding this year. Do you have any advice? – Entrepreneur Minded. A: Dear Entrepreneur Minded:: Many of the same pitfalls that plague new business startups are present when expanding. Keep these guidelines in mind: Make sure the business you are in is profitable. Love what […]
Read More
