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One of the best ways you can support the success of your business is to choose a business structure that fits your needs and objectives. There are many different business entities, each with its own advantages and disadvantages. When choosing whether to organize your business as an LLC, partnership, S corp, or other entity, it’s […]

When starting a new business or expanding your current business, choosing how it will be organized is one of the most important decisions you’ll make. Your business structure has major implications with regard to tax treatment, your personal liability as an owner, and even your ability to grow the business. There are many different business […]

While the C corporation is the business structure of choice for the Fortune 500, many business owners have found success by adopting C corp’s smaller variation: the S corporation. If you’re starting a new business or thinking about restructuring your existing business, choosing S corp status may provide some valuable advantages. With an S corp, […]

Having a car for your small business can offer many advantages, but it’s important to know that owning a car is different for businesses than for individuals. In fact, companies where employees must travel don’t always need to provide vehicles. If owning a company car is right for your business, learn how to comply with […]

Outsourcing tasks can improve your business’s productivity and drive growth but it’s important to understand how labor laws, tax regulations, and contractor relationships fit into this equation. Knowing the do’s and don’ts of outsourcing will help your small business avoid pitfalls like fines, legal problems, and unsuccessful contractor relationships.     Is Outsourcing the Right […]

If there isn’t enough time in the day for all the responsibilities that come with running your small business, it might be time to outsource certain tasks. While you may feel uncomfortable with the idea of farming out jobs to nonemployees, most businesses already do this. Whether it’s legal work, payroll services, or IT support, […]

Thinking about making the jump to accepting credit cards for your business? These days, the average consumer carries cash more infrequently. Combine that with the fact that paying with credit cards makes it easier to return or exchange purchases and that accepting credit cards increases the likelihood, speed, and amount of customer purchases, and you […]

Having employees work from home can offer a host of benefits, but managing remote workers can often be a challenge. Before deciding whether you should allow your employees to work from home, it is important to consider the nature of the work, how self-disciplined your workforce is, and what it will mean to your operations […]

It’s the question asked by more small business owners every year: Should I let my employees work from home? Telecommuting can be a winning proposition if your staff members are capable of staying productive and if communication can remain efficient and effective. However, you may need to adjust a more traditional management style to allow […]

If initiating a program for accepting credit card payments is high on your to-do list, then you’ve come to the right place to learn more about the benefits of merchant credit card processing. The advantages for your customers are obvious: more payment options, faster checkout, and easier returns and exchanges. But electronic payment processing can also […]