Last week, we looked at the first 5 of 10 business tax moves to take in the second half of this year. This week, we’re diving into 5 more game-changing tax strategies that will have you looking at your business finances in a whole new light. So pull up your tax-deductible office chair and read on…

As a small business owner, you know that managing your finances strategically is crucial to your success. With the second half of 2024 underway, now is a great time to focus on the thing no one likes to talk about but can make a huge difference to your bottom line: taxes. Read more…

You started your business as a labor of love, nurturing it through those tough early years with grit and personal sacrifice. The last thing you’re probably thinking about is replacing yourself in the event you retire, die or become incapacitated. But when you face these facts, you set your business up for success. Read more…

The path to entrepreneurial success is paved with challenges and triumphs, often born from humble beginnings. One such business is The Nitro Bar. Audrey Finocchiaro and Sam Lancaster are the founders of this thriving company, and all entrepreneurs can learn from their story. Read more…

As an entrepreneur, you can appreciate how difficult it may be to get outside investment funding for your business. But fret not! It’s possible to turn that “no” into a “yes” with these 8 tips. Read more…

Managing a business comes with its own set of challenges, and one of the biggest is potential lawsuits. Lawsuits can drain your financial resources, consume precious time, and tarnish your company’s reputation. However, strategic planning and support from trusted advisor can significantly mitigate these risks. Read more…

In the first part of this series last week, we discussed 5 survival strategies for business success, including the importance of partnerships, preparedness, inclusivity, team support, and maintaining a unique business identity. In this second installment, we continue with 5 more strategies that are essential for modern entrepreneurs aiming to thrive in today’s competitive market. Read more…

Any successful entrepreneur will tell you that starting your own business is a thrilling endeavor that requires creativity, resilience, and strategic thinking. No matter what type of business you own, there are foundational strategies that will help you lay a strong groundwork for success. We discuss 5 of 10 strategies in this week’s article. Read more…

The Federal Trade Commission’s (FTC) recent decision to ban non-compete agreements marks a significant shift in how labor markets will operate across the United States, and small businesses need to be ready. Here’s how. Read more…

Launching a new business or expanding an existing one brings the thrill of crafting a unique brand identity. This creative process is exhilarating, yet it’s fraught with hidden dangers, notably the risk of infringing on another company’s established trademark. Learn how to avoid costly mistakes with 4 practical steps. Read more…

One way to secure business funding is with credit cards. But making an informed decision about business credit can be difficult. So let’s explore what you need to know about using credit cards to fund your business, so you can do so wisely and with as much ease as possible. Read more…

In the entrepreneurial world, where innovation and vision drive the future, the importance of effective communication is often overlooked. But the ability to convey your ideas clearly, persuade and inspire action can make or break a business. Luckily, you can learn how to communicate in a way that makes you a great leader and business owner. Read more…

When starting or expanding a small business, one of the most critical decisions an entrepreneur faces is how to fund the venture. Two popular options are business lines of credit and bank loans, but making the right decision without guidance can be daunting.

Most people think “fitness” only relates to physical health. But that’s not the case! Financial fitness is important, too, especially for entrepreneurs. When you have strong financial fitness you can grow your business with confidence. Read more…

Embracing an AI future for your business doesn’t require you to become a sci-fi protagonist like Tom Cruise in “Minority Report” or to understand what quantum computing is (though if you do, kudos!). It’s about making smart, pragmatic decisions to ensure your business thrives in an increasingly automated world. Let’s dive into how you can prepare your business for an AI future.

Are you planning for the future of your company? Make sure to avoid these 3 mistakes when choosing your successor. Read more…

This week we explore how infusing your brand with authenticity, empathy, and a commitment to making a difference can elevate your company above the competition. Read more…

You depend on your employees to learn your business, your systems, and the inner workings that keep your business a step ahead of the competition. But how do you protect your business secrets when an employee leaves? Find out here…

As a small business owner, there are extra pieces of your tax filing puzzle you need to watch out for to make sure you’re not only following the law but also getting the most tax savings for your business. Read more here…

In today’s digital age, it’s tempting for entrepreneurs to turn to online legal templates or services in an attempt to streamline their legal processes and cut costs.
However, the allure of convenience can mask a multitude of pitfalls. Relying on generic templates or online services to address your company’s legal needs is akin to navigating treacherous waters without a compass. Here’s why startup businesses need lawyers, not templates, to ensure their success and longevity…

Like most entrepreneurs, your business and your family are your greatest loves. Show them just how much you care for them by making sure there’s a plan in place for their care, and the management of your business, when you’re no longer at the helm. Read more…

Emotional intelligence is a key skill needed to attain the business success you desire. Find out why…

You don’t have to own a large company to own intellectual property, but because intellectual property is intangible, it’s often overlooked in your business’s succession plan and your own personal estate plan. Read more…

As a business owner, it can be easy to see an opportunity to mentor a young professional as a purely charitable experience. But mentorship can play a pivotal role in shaping your legacy when you approach it with the right mindset. Read more…

There’s an often unspoken challenge that many entrepreneurs face – the distortion of one’s perception of money. This week, I’m exploring how your mindset around money and abundance can hinder or grow your business. Read more…

To grow your business and increase efficiency, it’s crucial to acknowledge that not every client is an ideal fit for your business. If any of your clients are exhibiting these red flags, it may be time to consider ending that client relationship. Read more…

If you’re looking to turn your side hustle into your full-time career, you might be wondering if you can use your current employer’s group legal insurance to take care of your startup’s legal needs. Read more…

To make sure your business is compliant with employment laws and that your team members are happy and focused, make sure you aren’t making any of these simple employment mistakes. Read more…

In this week’s blog, we’ll explain ways your legal agreements may cause you to lose business and how we can set up your contracts to build lasting client relationships that generate consistent revenue. Read more…

If you’re wondering how your selected business entity affects your taxes and income, it’s a good idea to consider converting your business to a corporation. In this week’s blog, I’m breaking down the benefits of incorporating your business and considerations for the best time of the year to make the switch. Read more…

What exactly is the national debt ceiling and what does it mean for you and your business? This week, we’re covering ways the debt ceiling extension may affect your business operations. Read more…

Last week, we looked at three interview techniques to find the right people for your company. This week, I’m covering more unique hiring methods to help you find and keep the best help. Read more…

The dream of passing on your business to your children and witnessing the legacy you’ve built continue to flourish is a powerful one. However, inspiring your children to embrace the idea of taking over the family business can present its challenges. Read more…

Beginning January 1, 2024, the Corporate Transparency Act will require small businesses to file an annual report on the majority owners of the business, and failing to file the report comes with real consequences. So what exactly does this mean for you and your business? Keep reading to learn more.

While buying insurance coverage may seem low on your to-do list, making sure you and your business are protected from lawsuits is one of the most important things you can do for your business. Keep reading to learn about two more essential types of insurance you need for your business. Read more…

Insurance is a powerful tool that can provide you with peace of mind and safeguard the hard work you’ve put into your business. In this blog post, we’ll explore five types of insurance that no business owner should go without. Read more…

If left unchecked, minor workplace disputes can escalate into major conflicts that can significantly affect the morale and productivity of your entire company. Therefore, it is essential to have a solid process in place for effectively managing staff conflict. Read more…

Owning a business is always a labor of love, and you may naturally be more emotionally invested in your business and work longer days than you would if you worked for someone else. But if you feel like you’re spending all of your time working in your business instead of your business working for you, it’s time to reassess whether your business is aligned with your desired lifestyle so you can get back to loving what you do.

For many entrepreneurs, the idea of taking on debt can feel counterproductive and even taboo. After all, debt means owing someone money rather than saving or pocketing the money yourself. But leveraging debt can be a powerful tool for growing your small business faster than you’d be able to just by saving your funds. Read more…

Last week, we explored two real-world ways you can use an AI language model to improve your small business from building efficiency to marketing your brand. This week I’m continuing the discussion to bring you three more ways to use AI to support your business. Plus, I’ll explain when to bring in professional (human) business guidance that a machine can never replace. Read more…

As a small business owner, you wear a lot of hats and probably work a lot of hours to get it all done… and you still have a lot left on your plate. Until you’re ready to hire on more help (let’s talk about that soon!), you can leverage simple-to-use, free online AI tools to take some of that work off of your plate or get it done faster.

I know what you’re probably thinking… Isn’t AI going to take over all of our jobs, overthrow humanity, and plug us all into the Matrix so we can fuel their machines? Fret not. AI is here to provide time-saving benefits that you can use right now. Read more…