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  • While your risk of being audited is low and likely to stay low according to the IRS commissioner*, it’s still scary to think you may find yourself under the IRS microscope. Can you avoid this? Maybe. Will knowing your risk factors put you more at ease? Hopefully.  Here are 5 factors that...
    April 16, 2015 - 0 comments
  • There are various factors to consider when deciding to use credit for your business. The most crucial and overlooked component is can you afford to use it? Every business’s credit needs are different. Many small business owners have the misconception that if business credit is granted to them...
    April 14, 2015 - 1 comments
  • The goal of every small business owner is growth, but with growth comes more responsibilities and more work. You may already juggle being the boss, accountant, office manager, maybe even janitor, but at some point, you realize you can’t do it all. Finding a new team member can be a daunting...
    April 09, 2015 - 3 comments
  • With more and more customers contacting companies online, it may seem as if your business phone doesn’t matter much anymore. But if you aren’t taking advantage of the many ways your company’s phone can be used as a marketing tool, you’re selling your business short. Your...
    April 07, 2015 - 7 comments
  • If you own a business then you have a lot to gain by adopting lean business planning to help you manage better. Don’t bother to do a full formal business plan unless you have to have one for a bank, investors, partners or some other real reason. Instead, do a lean business plan – it...
    March 24, 2015 - 5 comments
  • If you’re seriously contemplating the purchase of a franchise, there may come a time in the process when you’ll need to consider stepping back for a bit.I’ve found that sometimes (especially when making major life decisions) it’s wise to put things on pause.That’s...
    March 17, 2015 - 6 comments
  • The tax law acts like the Lord, who giveth and taketh away, when it comes to certain tax write-offs. Breaks can be enjoyed now, but there’s a day of reckoning when the breaks are repaid to the government. There are several rules that recapture previously claimed tax breaks. The information...
    March 12, 2015 - 0 comments
  • On CNBC’s Shark Tank, one of the most important lessons that unprepared entrepreneurs learn after ruthlessly being chewed up is the importance of knowing their numbers. Ari Hoffman, Chief Operating Officer for Gobie H20 (episode 426) says, “It cannot be said enough, know your numbers....
    March 10, 2015 - 6 comments
  • Ask many experts what the key to small business success is and they’ll say, “acting strategically.” That means not only planning ahead but also reacting to situations and making decisions that drive your business forward in the right direction. Today we’re sharing resources...
    March 05, 2015 - 8 comments
  • In a recent study by Infusionsoft, SMBs far and away said “word of mouth” was their most effective marketing tool. Sixty-two percent cited word-of-mouth as their best marketing tactic—nearly twice as effective as the email, the second-rated tactic (34 percent).How can you boost...
    March 03, 2015 - 10 comments

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