The wonderful life of self-employment includes many things including autonomy, ability to earn as much money as you want, self-sufficiency and the feeling of accomplishment that comes with creating something. I have owned my own firm for 12 years and every year there is a new challenge. In the first years it was how [...]
Hiring a CPA is a big step in a company growth plan and should be taken pretty seriously. Just like you interview employees or check out other potential vendors, a CPA should be vetted to match your specific needs. A couple months ago I was taken through multiple steps which was not the norm. [...]
I am a firm believer in a couple of things. If you keep doing what you always do, you get the same results you always have. Life is too short to keep doing things that aren’t working. Your business and life changes constantly. I think now more than ever I struggle to [...]
If you are considering starting a business, the simplest and least expensive form of business is a sole proprietorship. A sole proprietorship is a one-person business that reports its income directly on the individual’s personal tax return (Form 1040) using a Schedule C. There is no need to file a separate tax return as is [...]
Recently, I attended a conference! Yes, another one….. There are a lot of smart people to learn from…. This conference was all about building confidence in networking, changing your mindset and too many other subjects to list. One of the breakout sessions I was able to be a part of was a master mind. [...]
If you’re a small business owner, then you know that gauging the performance of your business is one of the most difficult tasks you face. The indicators and measures that you work with on a day-to-day level are not necessarily reflected in the criteria and metrics that are provided on paper, and it’s hard [...]
When you hire your first employee, you create an entire new task of complying with employment and labor laws and issuing a payroll. Payroll taxes create more administrative burden for small businesses than any other tax, according to the 2015 Small Business Taxation Survey from the National Business Association. Plus, compliance with payroll [...]
Over the July 4th weekend my pool turned green. We never owned a home with a pool and so we were bummed to find out that our pool was full of algae. We were diligent home owners and had a pool man take care of it since it’s beginning. I knew the care for a [...]
When you hire outsourcers to complete tasks for you, it's not enough to simply tell them what you'd like them to do and let them get to it. You need to give them detailed specifications to ensure a high standard of quality. If you don't and the work comes back wrong, you only have yourself [...]
When you're hiring outsourcers to help your business grow, it's common to hire people from other parts of the world. You can often find highly skilled help in other countries for a much lower price than in your own. But hiring workers from another country involves a few unique challenges, and one of them is [...]