Deciding to start a small business in California can be a great move as long as you’re prepared. Following these 8 easy steps to start a small business in the state will help, along with your own market research, because there are challenges to doing business in California. This includes numerous regulations, high taxes, and […]
If you are a small business owner selling goods or services, you may have to collect sales tax from buyers or clients. But determining the amount to collect isn’t always easy. Each taxing authority sets its own sales tax rate. Here’s a quick guide to how to handle small business sales tax. When Do I […]
Many aspiring owners and entrepreneurs ask: which business structure is right for me? How you structure your small business is a decision you’ll feel reverberations from for years. The business structure you select impacts your taxes and might add many responsibilities on top of running your core business. Use this blog as your guide to […]
At any point in the management of your small business, your small business’s finances will be central to its success. As your business grows and develops, it can become more challenging to pinpoint where to focus your time to ensure your finances are running smoothly. Managing your small business’s finances may be stressful, but there […]
Etsy is an essential platform for many small businesses in today’s e-commerce era. But with that unique challenges and advantages. While offering increased customer reach and a streamlined sales process, Etsy also demands an understanding and compliance with the sales tax regulations associated with the platform. This is critical for small business owners to navigate […]
Running a business alone can be overwhelming. However, building a team, regardless of your business’s size, can significantly ease your workload and pave the way for your company’s growth. With the right team, your business isn’t just dependent on you. This opens up increased opportunities for success. However, hiring employees comes with additional responsibilities. One […]
What is the corporate tax rate and what is the current corporate tax rate are common questions among business owners and those who are looking to launch. If you form your business as a corporation, it’s imperative to understand your federal and state corporate tax rate for 2023. Whether you’re already operating a C corp […]
One of the initial and critical choices that independent contractors must confront relates to their business organization. The IRS provides a variety of different legal business structures for independent contractors. Each available entity structure comes with particular advantages and disadvantages that should be thoroughly evaluated by independent contractors. Keep reading as we discuss the advantages […]
C corps are a common type of business entity and for a good reason. Their structure offers flexibility and opportunities for growth. While a C corporation status does offer a lot of benefits, there are also some drawbacks that you should know. Here’s everything you need to know about how to open a C corp […]
The concept of debt is so ingrained in our culture that most people accept it as a necessary part of life. Many individuals accumulate personal debt, including credit cards, student loans, car payments, and mortgages. Another type of debt that may affect small business owners at one point or another is business debt. Businesses in […]
