Our list of tax saving tips for small business owners will help you keep your tax bill down. There are many ways to minimize income taxes, such as investing in clean energy, contributing to a retirement plan, identifying unused deductions, converting your sole proprietorship into an S corporation (S-corp), and making estimated tax payments. 1….
Tip List
Top 19 Bookkeeping & Accounting Tips for Small Business Owners
As a small business owner, you must be involved in the financial management of your business. Here are my top accounting and bookkeeping tips to help you understand how accounting information can increase your business’s success. Separate business and personal finances. Base your bookkeeping on bank transactions, not receipts. Reconcile your bank and credit card…
15 Best Websites to Find Franchises for Sale
Buying a franchise is a great alternative for entrepreneurs to minimize the risk of starting a new business and learn what makes a business successful. It lets you invest in a brand with an established customer base and proven business processes. The cost of a franchise for sale depends on many factors but you can…
SMART Goals: What They Are, How to Create Them & Examples
Setting goals is easy, but setting the right goals—ones that motivate and guide you to success—is challenging. This is where SMART goals come into play, offering a proven framework that transforms unclear objectives into actionable plans. If you’re looking to grow your business, understanding how to create SMART goals can be the difference between wishful…
20 Grand Opening Ideas to Promote Your Small Business
A grand opening is crucial for attracting potential customers to your storefront, raising brand awareness, and networking with local businesses. Any business that is new, expanding, or even relocating can benefit from a grand opening event. In this guide, we cover 20 unique grand opening ideas for small businesses to evoke excitement and interest from…
13 Best Fitness & Gym Franchises
The best gym franchises will give you good odds of turning a profit as a small business owner. Since every business owner’s circumstances vary, this can take the form of having low startup costs in relation to the amount of revenue the franchise can generate, a large customer base, or a high number of locations…
8 Best Home Office Setup Ideas (+ Productivity Tips)
Whether you’re a remote worker or a work-from-home entrepreneur, a well-planned home office setup ensures optimal productivity and comfort. The best home office setup considers your individual needs and strikes a balance between comfort and functionality. The right furniture, design, and tools create an inspiring and efficient workspace. To get you started, I’ve compiled the…
Employee Recognition: Definition, Ideas, and Tips
What Is Employee Recognition? Employee recognition is the acknowledgment and appreciation of employees for their hard work, achievements, and contributions to your company. The aim is to demonstrate gratitude and reinforce positive behavior while motivating employees to continue performing at their best. When employees feel valued for their contributions, they are more likely to remain…