Has The Pandemic Affected Home Improvement Negatively Or Positively?
While home improvement has always been a constant for homeowners, especially if you live in the colder regions, there has been a definitive surge in spending in that area since the pandemic began. Some estimates have put the increase at almost 50%. But why…
How has the Pandemic affected the PEM Of the Entrepreneur?
As the Pandemic approaches a full two years, we have seen the devastating effects it has had on the world economy (rising prices, unemployment, closed businesses, etc.); health (deaths, stress, long-term physical impairment); education (falling grades, lower test scores). But not often nor openly discussed…
Use What’s In Your Hands: Why Now Is The Right Time To Start A Home Business
It might not sound flashy; It might sound like a vocation. It might sound pretty miniscule for the lofty goals you might have set for yourself. However, starting a business at home might be just the best way to start out if capital is a…
Starting a Home-Based Business
Entrepreneurship is older than big business. The original entrepreneurs were traders. The earliest example of trading was found in, surprise, Papua New Guinea. This occurred around 17,000 BC. Money, as we know it, was not yet invented. The first entrepreneurs engaged in bartering — the…
Should Small Business Owners Plan For Business Interruptions?
Prior to 2020, the concept of planning for business disruptions existed. It was considered prudent to plan for such eventualities because, after all, disruptions in a business could cause serious loss of revenue, key assets, or even key persons in the business. It was universally…
How much is your company worth? In dealing with many small business owners over the years, I would invariably ask them a simple but very important question: how much is your company worth? The typical response would be a blank, quizzical stare. The average…
The Importance of Establishing Good Business Practices
Photo credit: ©Business Practices The recent relief measures awarded to businesses under the CARES Act taught some business owners a valuable lesson: the importance of running your business in a financially responsible way. I discovered, through interviews with many small business owners, that a…
Filing Taxes for Year 2019
It’s tax season again and this season tends to be the most “taxing” on small business owners’ nerves. It is an especially anxious time for those business owners who may not have the money to have a full-time accountant. But, before filing, it might behoove…
Need help financing your business? Ask us how!
It is a problem as old as the hills. You have this brilliant idea to make money. You may have the training and or expertise. You have the drive, the character. But there’s one thing missing: the funding. How do you finance your startup…
So you owe the IRS back taxes?! What happens now?
IRS back taxes are no joke. Find out how to avoid them. First, as the Hippocratic oath would state, do no harm (to yourself). The least palatable option you would have is to do nothing. Do not avoid the problem. We can assure you that…
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