Here’s a great column from the WSJ about how Big Business has sold you out. Strassel: Big Business Sells Out Small Business – WSJ.com. I’ll have an update soon about how you can properly prepare your business for the fiscal cliff.
Monthly Archives: December 2012
Why does my accountant take so long
Or cost so much. Because: You never bring the information that I request. Yes I need your W-2, 1099 and every other damned form you get; You want me to save to save you the most money. Sometimes it takes meditation or a stroke of genius or a bottle of Jim Beam to find theContinue reading “Why does my accountant take so long”
Small Business 2013 – Saving Money Idea #3
Make better use of outsourcing. Outsourcing and off-shoring have bad reputations perpetuated by folks who have no factual idea about either concept. Outsourcing is simply delegating necessary tasks to people or companies outside of your business. Off-shoring is buying goods or services from lower cost regions. Yes, both concepts can cost people their jobs but your job/businessContinue reading “Small Business 2013 – Saving Money Idea #3”
Small Business 2013 – Saving Money Idea #2
Occupancy is a fancy term for the cost of housing your business. It can include rent, property taxes, utilities, depreciation, maintenance, janitorial and so on. Rent is a major expense for most businesses. If you don’t rent or own your business building, move on to the next post. If you do rent or own yourContinue reading “Small Business 2013 – Saving Money Idea #2”
Small Business 2013 – Money Saving Idea #1
I used to pay about $4,000 each year for telecommunications including internet. I also purchased a phone system back in 2005 when I hired employees. My telecommunication expenses were almost as much as my rent expense. My first Money Saving Idea for 2013 is cutting telecommunication expenses. Do you really need landlines for phones orContinue reading “Small Business 2013 – Money Saving Idea #1”
Protected: The Biggest Tax Mistake All New Business Owners Make (Contact for Password)
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Protected: WAG – What’s next
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Starting a Small Business – Crowdfunding
Quickly, Congress passed the JOBS Act this year with a provision allowing companies to solicit investments from “unsophisticated” investors. Previously, solicitations could only be made to high net worth investors. The provisions were to become effective on January 1, 2013 pending rules to be written by the SEC. The SEC has not written the rulesContinue reading “Starting a Small Business – Crowdfunding”
Right to Work for Starting a Small Business
This is not a political post. As I’ve said before, unions are great, as long as you already have a job. The recent change in Michigan to a right to work state will not hurt the private sector unions in the short-term and may help them in the long-term. This is a decent description ofContinue reading “Right to Work for Starting a Small Business”
Starting a small business – Income Tax
I hate paying taxes. I hate when my clients have to pay taxes. I hate when my clients say, “I’m happy that I make enough money to have to pay taxes.” You really shouldn’t be. Imagine what you could do with the money if you didn’t have to pay it – give to charity, investContinue reading “Starting a small business – Income Tax”
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