Choosing a business to start can be both an exhilarating and frustrating experience—there are many options to choose from and paths to explore. To settle on an idea, examine your skills, experiences, and firsthand knowledge. Also, look at what businesses are trending. Before choosing, get a cost estimate required to start the business and ensure…
Starting a Business
Best Businesses to Start With $500 or Less Right Now
Let’s be honest: Who doesn’t dream of running a business, calling all the shots, and raking in the profits? Fortunately, it’s cheaper—and easier—than ever for entrepreneurs to start a profitable business. You can start a website for a few dollars, and the vast number of affordable, easy-to-use digital and artificial intelligence (AI) powered tools offer…
How to Come Up With a Business Idea in 5 Steps
Coming up with a business idea is the first step to starting a business. Start by identifying problems you or others are having and brainstorm possible solutions. It’s wise to start with a problem because business is essentially solving customer’s problems in exchange for money. When you have an idea, validate it through feedback. Finally,…
What Is an S-corp & How Are S-corps Taxed?
S corporations (S-corps) are pass-through entities that don’t pay federal income taxes. Rather, their profits, losses, deductions, and credits pass to their shareholders’ tax returns. The shareholders are then responsible for paying federal income taxes on their share of the S-corp’s income based on their individual income tax rates. Since S-corps are not taxed at…
How to Create a Vision Statement (+ Free Template)
Creating a vision statement is fundamental to defining your brand’s identity and provides an aspirational goal for everyone in your company to pursue. But learning how to write a vision statement that is effective and inspirational can be challenging. To make it easier, download our free template and follow the steps below to create a…
18 Tips on How to Get Bookkeeping Clients
There are many creative ways for your bookkeeping business to stand out from competitors. By enhancing your credibility, creating a professional image both virtually and in person, and actively seeking referrals, you will increase your chances of retaining your current clients and gaining new ones greatly. If you’re wondering how to find bookkeeping clients, read…
12 Inspiring Vision Statement Examples for Small Businesses
Your vision statement presents an aspirational outlook of your future goals for your small business. They tell the world where you want your brand to be after a certain time period, particularly the goals you’ve achieved and the impact you’ve made, all in a brief sentence or two. In this article, we cover 12 inspiring…
What Are Core Values in Business & How to Write Them
Core values are principle-based statements about how your company does business. They guide everything from long-term strategy to daily operations. Together with mission and vision statements, core values are the bedrock that makes up your brand identity. Learn more about what core values are, why they matter, and how to write them. Download our free…