If you’re like a lot of small business owners, your focus is on growing your business and making customers happy. It’s probably not on your small business taxes. And this can be an expensive mistake, which can result in overpaying your taxes, incurring a tax penalty,...
As a small business owner, it’s a good idea to start the New Year on the right foot, especially if it’s the end of your financial year. If you tidy and organize your accounting information now, it will make filing a tax return all the easier. Since the end of the year...
Anyone that runs a small business in Broken Arrow knows that you have to wear a lot of “hats” to stay in the black. It would be great to hire someone to do perform every single task that needs doing in a company, but that’s not always financially feasible. However,...
As the year draws to a close and Giving Tuesday approaches, now is an excellent time to look for ways to maximize your tax deductions. As you do, remember that your small business can take advantage of a powerful opportunity to impact your community and also enjoy...
In ordinary life, sloppy dress can cost us nothing but a few sideways glances from better turned-out friends. But sloppy bookkeeping comes with a price tag, with lost revenues, penalties at tax time and frantic hours scrambling to correct problems. Is it time for you...
[vc_row][vc_column][vc_column_text] Learning to manage a payroll is never the favorite thing to do for any business owner. But it is a necessary evil if they want their company to survive. When a business starts up, with only a few employees, it may make sense to...
For any small business, creating a good budget is important. With the right business budget – matching expense to revenue – you know how much money you have for important things like funding operations, expanding when you need to and generating income for yourself....
Unpaid invoices are the bane of any organization’s accounts receivable department. After all, why should your business have to take on the burden of following up when the onus is on the recipient to pay the invoice? Luckily, there are some tried and true ways to make...
There’s a lot to get excited about when you’re launching a new business. Maybe it’s the beginning of a dream come true for you—the opportunity to make a living from doing something you love. But it’s important not to let that excitement get the best...
These days, a growing number of small business owners are choosing to outsource their payroll function. But the fact that it’s a growing trend shouldn’t be reason enough for you to choose to do the same. As we look at some tips for choosing a small...