Here’s the problem with Quickbooks, or any other software solution for bookkeeping: it’s deceptively simple.
There are tax considerations and non-tax considerations when you have employees. You should think about both before making the leap and hiring employees.
Can I send a 1099-C to a non-paying customer? The IRS says “not so fast.”
The struggles faced in getting a not-for-profit off the ground are similar to those of a small business … with a few key differences.
Keeping a business small and manageable is ideal … but it’s impossible to totally avoid paperwork while having a functioning business in the real world.
It’s okay to be a business owner who decides to stay small instead of grow and expand.
In July, Michael Michalowicz, who writes books about entrepreneurship (which I have heard are very good; “The Pumpkin Plan” is on my to-read list) wrote a blog post titled “Take Your Profit First, Always.” The gist of the post is, instead of looking at profitability as “Income minus Expenses = Profit” you should flip the […]