If you’re a small business owner, you know the importance of tracking fluctuations in revenue vs. profit. It gives you important information about your business, and helps you project potential…
The “envelope system” of budgeting is a physical method of parceling out money, using cash and envelopes, allows users to keep close track of their money. Today, technology has made…
Owning a small business requires a good budgeting and accounting system. Whether you’re new to the game or have been budgeting for years, the right tools can make a big…
One of the many steps involved in starting a business is obtaining an employer identification number (EIN), which is also known as a federal tax identification number. This unique nine-digit…
In order to maintain a consistent understanding of how your business is performing, calculating and regularly updating your operating profit is essential. Not only does this provide a snapshot of…
Freelancing has been on the rise for years, but gained a ton of momentum since the pandemic. Between layoffs and the Great Resignation, more and more workers are exploring non-traditional…
Chatbots have existed for decades, but many companies are just now starting to get in on the trend. These bots are a cost-effective way to navigate customer service issues and…
The gig economy is more popular than ever. From rideshare drivers and delivery gigs to freelance writers and consultants, many people have one or more freelance jobs. If you work…
As a business owner, you need quality insurance coverage for your company. LLC business insurance is designed to protect limited liability companies from issues that come up during normal operations….
When you own a small business, having business insurance is crucial. If something goes wrong, such as an injury on your property, advertising error, or third-party property damage, you could…
When you’re starting a new company, there are lots of questions to answer and decisions to make. One important consideration is what kind of business insurance you should have. Depending…
If you’re currently running a small business, you’re likely working on cutting costs in at least a few processes, tasks, or essential supplies as we speak. Suggesting that you enroll…
If you’re working to establish yourself as a small business, it’s likely your budget is tight and you’re actively looking for areas within your work to reduce cost and streamline…
If you’re a small business owner, you’re probably all too aware of the many unpredictable occurrences that could creep up and disrupt your daily operations or harm your bottom line…
From workers’ compensation insurance to commercial property insurance, business owners must have several types of insurance to cover themselves and their companies. General liability insurance is one type of coverage…