Small Business Articles

Business » Small Business | By Wayne Davies @ Wednesday, 31st December 2008 @ 4:03 PM

If you own a small business, you must understand the basics of business entities and the income tax return requirements for each. Here's a crash course to get you started. It's critical that you know what type of entity you have and what type of tax return must be filed. Failure to file the proper tax return on time can result in IRS penalties and interest. Sole Proprietorship If your business is not a partnership, corporation, or LLC, then by default you are a sole propri... more...

Business » Small Business | By Wayne Davies @ Wednesday, 31st December 2008 @ 2:25 PM

The typical sole proprietor trying to find legal tax reduction strategies is faced with a daunting task. Our tax code is so complex, how can you even begin to unravel all the convoluted rules and regulations? Just how complicated is the tax code? Consider this: Back in 1913, when federal income taxes first began, the entire tax code occupied a mere half-inch thick book. The first federal income tax return was a simple two-page form with four pages of instructions. Now what do ... more...

Business » Small Business | By Stewart Baker @ Wednesday, 31st December 2008 @ 3:47 AM

For best results of your employees work, you need to invest in comfortable and ergonomically correct business furniture. They will comprise of any combination of the pieces of furniture below. Chairs Choose a comfortable chair to fit each employee. Some offices already have different office chairs. If you are planning to buy new chairs for more employees, it is best to have the new person try out several chairs. Some chairs may feel better than other chairs to different people due to ... more...

Business » Small Business | By Lisa Wood @ Tuesday, 30th December 2008 @ 11:29 AM

Marketing a business is not easy. Business professionals often have a hard time deciding where to start with a marketing plan, who to market to, how much to budget for marketing, etc. Small business owners have an even bigger challenge. Small marketing budgets and even smaller available blocks of time to work on marketing make things tough, for sure. Check out the following simple marketing tips that you can implement into your business, without investing lots of money or time.more...

Business » Small Business | By Wayne Davies @ Tuesday, 30th December 2008 @ 10:32 AM

The complexity of our tax code is especially burdensome to the small business owner. Here\'s three keys to understanding the U.S. tax system. 1. Forms, Forms and More Forms Regardless of what entity type you own, each entity has a long list of business income tax forms that must be filed. Even the simple one-person sole proprietorship has a much more complicated tax return than the W-2 employee. And if you decide to incorporate your business or form a partnership or LLC, thi... more...

Business » Small Business | By Ranju Kumar @ Monday, 29th December 2008 @ 1:05 PM

Cash gifting is a unique way of making money that has been misunderstood for ages. The pessimists associate it with the many internet frauds and it has been branded as a get rich quick scheme in many quarters. However, those who take their time to understand how legal cash gifting works have a different story to tell. It is a story of success, increased income and a higher standard of living. There are several gifting programs that operate around the world and are moderately successful. H... more...

Business » Small Business | By Deborah Gallant @ Monday, 29th December 2008 @ 3:01 AM

Remember Snoopy sitting atop his doghouse starting to write his novel? He types \"It was a dark and stormy night.\" And then he stops, because he does not know what comes next. If only he had planned ahead! When you sit down to tackle the job of writing the copy for your professional coaching website, you might feel Snoopy-like. Make things simpler for yourself by focusing on what you really need to have on your starter website. You can always expand, change and create mo... more...

Business » Small Business | By Wayne Davies @ Saturday, 27th December 2008 @ 5:52 PM

The year is almost over and tax season is looming on the horizon. What can you do before December 31 to reduce this year\'s tax bill? Plenty. First, you must get the big picture. Assuming you\'ve been faithfully tracking income and expenses during the year, it\'s time to print out an Income Statement (aka Profit ... more...

Business » Small Business | By Wayne Davies @ Monday, 22nd December 2008 @ 4:48 PM

For most self-employed people, bookkeeping is about as much fun as a root canal. But like it or not, it must be done, otherwise you\'ll end up overpaying your taxes big time. Perhaps this article will help you see this tedious task in a new light. Follow along with me and let\'s turn your bookkeeping nightmare into the best paying part-time job you ever had. First, a question: How much money do you make right now -- per hour -- at your \"regular\" daytime job or i... more...

Business » Small Business | By Leva Duell @ Saturday, 20th December 2008 @ 3:07 AM

You\'ve probably seen ads and web sites promoting rebate processing at home jobs. They state that \"You can make excellent money by working from home processing rebates\" and \"They have thousands of companies you can process rebates for.\" and \"There is a lot of rebate processing work available, they need help, and nobody will be rejected.\" Rebate processing promoters claim that you can make $75 to $100 an hour for just filling in and submitting forms. A h... more...