Month: May 2016

4 Common Small Business Accounting Mistakes (And How to Avoid Them)

As a business owner, you want to focus on what you know best – your product or service. Accounting and finances are a necessary evil but probably aren’t a favorite part of your work. However, lack of knowledge about finances and accounting could cost you big-time down the road. So, set up your small business […]

Business Structures 102: The Corporation Showdown

Our last post compared LLCs and Partnerships. If you’re starting your own business, enjoy today’s post comparing some tax advantages for LLCs and corporations. LLC (Limited Liability Company) vs. Inc. (Corporation) The biggest advantages of an LLC over a corporation are flexibility in management and pass-through taxation. While corporations must have a formal management structure […]

Branding Your Small Business: What’s in a Name?

One of the first things most small business owners must do is name their business. Sounds easy enough, right? But, it’s not that easy. Your business name is an extension of your brand – you know, that perception that customers or clients have about your product or service. Your branding is more than just your […]

Business Structures 101: What’s Best For You?

You’re starting your own business. You’ve got a lot on your mind – creating your product/service, marketing, location, business plan, licenses, permits, financing, and more. One of the most important things to consider before you get going, though, is your business structure. Will you set up your business as a sole proprietorship, a partnership or […]