Starting an entrepreneurial venture requires cash. Money you spend on things like equipment, supplies and the other stuff necessary to run a business. You can find this money in all sorts of places, but one of the places you can sometimes look is insid...

Whether or not you voted for Barack Obama, if you're a successful business owner, you probably want to plan now to minimize the increased business taxes an Obama administration seems sure to implement. A bit of upfront tax accounting and planning could ea...

Starting a small business requires cash. And sometimes lots of it. You need cash in the bank just to operate, for example. And you may need to make upfront purchases of expensive fixtures, equipment and machinery. Not surprisingly, then, finding this s...

Starting your own small business takes guts. The decision to start your own small business demands that the entrepreneur act courageously, think clearly and take risks. Starting a business in a recession requires double doses of courage, clear thinking...

How one writes a business plan in recessionary economy works differently. One needs to approach the business plan from a different perspective. And one must make special efforts to avoid errors that in a good economy one would conveniently get away with. ...

I accidentally stumbled into a huge fight at one of those small business discussion boards recently. Small business owners were going just nuts about whether business planning is needed, what a small business business plan even is, and who should write su...

Extend your tax return to October 15th and you've got good company. Roughly forty percent of taxpayers extend their tax returns. (Anyone can extend by completing the very simple, 4868 form, which is available from the www.irs...

As the end of year approaches, many small business CPAs and bookkeepers find their stress levels rising. In only a few short weeks, these accountants know they'll see silly bookkeeping errors in many of their small business clients' books--errors that ...

If you're a small business owner, you know all too well you need a decent bookkeeping system, right? Decent accounting and bookkeeping means you know whether or not you're making a profit. And such a system lets you make better decisions about the prod...

Weary of paying $5,000, $10,000 or $20,000 each and every year for mediocre advice from a financial planner or investment advisor? You should consider employing a do-it-yourself approach to financial planning. By following a handful of steps, you can a...

Some CPAs and attorneys say there's an eleventh commandment, "Thou shalt not invest in real estate inside a corporation." And, usually, this proclamation holds true. Investing in real estate within a corporation means you lose many of real estate's tax be...

Incorporation offers a small business owners a great way to reduce liability and taxes. Unfortunately, the rules for professionals who want to incorporate are be tricky. Fortunately, one can make incorporating a professional practice like law or medicine ...

The limited liability company option gives the small business owner a great tool for reducing both taxes and legal liability. But the LLC setup process for professionals (doctors, lawyers and so forth) sometimes gets tricky. To ease and expedite the setup...

Are you beginning a new entrepreneurial venture? Or are you a business owner who needs to find a better accountant? Choosing a CPA is easier when you employ the five following tips: Determine Whether You'll Outsource Your Bookkeeping Some businesses...

Starting a business? If you're not careful, you may find that you've terribly complicated your accounting before you even realize what's happened. Fortunately, by following five simple tips you can keep your small business finances clean, lean, and low-co...