When you launched your business, doing the books in-house (or even on your own) made perfect sense. It was cost-effective, you had a clear view of your financials, and your accounting needs were relatively simple. But as your company...... More »
When it comes to raising capital for your business, you have a plethora of options, but most of them fall under one of two umbrellas: debt financing or equity financing. Both options can help you expand, develop products or...... More »
Mergers and acquisitions (M&A) are among the most significant moves a business can make. They can also be among the most complex. Whether you’re looking to acquire a competitor, merge with a strategic partner or sell off your company,...... More »
Why you choose to purchase a business will differ depending on your situation. Maybe you want to take a competitor off the board by acquiring it. Maybe you want to expand your current operations. Or maybe you just want...... More »
One of the biggest surprises entrepreneurs find when balancing the books is that there’s more than one way to do so. Accounting is done via not one but a few methods, and one way may very well be a...... More »
Anyone who has founded a small business will tell you: It’s easy to commingle your personal and business finances, especially in the earliest stages of owning your own company. But it’s imperative that you don’t. You might be enticed...... More »
Millions of Americans have straightforward tax filings, but some individual taxpayers and many business owners weave a much more complicated tax web year in and year out. If you belong to the latter group, chances are, as you’ve sifted...... More »
The tax code is constantly in a state of flux, which is why staying compliant is such a headache. Every year, small business owners who do their own taxes have to catch up with the latest rule additions, phase-outs...... More »
Small businesses have had to operate in shifting environments over the past few years, but one thing has remained the same: Firms with discipline and sound financial management were better suited to deal with the environment, whether it produced...... More »
Starting a new business is exhilarating, but the thrill of entrepreneurship often comes with a steep learning curve. For many first-time business owners, financial missteps can have lasting consequences. Whether you’re bootstrapping a startup or launching with a robust...... More »