Why you need business accounting
AuthorSusan PaytonTypearticleProviderDocstocAccounting helps you keep track of your business’ expenses and income, as well as forecast how much money you will need in the future.If you start out in your…
Questions you must answer before buying a franchise
AuthorSusan PaytonTypearticleProviderDocstocOwning a franchise can be a great lesson in entrepreneurship, but the rules for franchises are different than for other small businesses. Know what to expect before you invest.Many…
LLC tax benefits
AuthorPatrickTypearticleProviderDocstocWhy is it smarter to operate a business as a LLC for tax purposes?No matter the timing, it is important for you to consider which business entity will benefit your…
Loans from Friefriends and family: pros and cons
AuthorSusan PaytonTypearticleProviderDocstocSometimes it seems like borrowing money from your friends or family is the only option to fund your business. If it is, weigh the benefits and drawbacks before stepping…
Managing volatile cash flow
AuthorGenesis DaviesTypearticleProviderDocstocRunning your own business often means income isn’t steady, so it can be difficult to plan financially. Learning to handle unpredictable cash flow will help you avoid the financial…
Microsoft Office Web Apps vs. Google Docs
AuthorJill BerryTypearticleProviderDocstocCloud computing let users access what they want from the cloud over a wifi network. Unlike, cumbersome desktop or laptop computers, cloud computers do not have a hard drives,…
How much insurance does my business need?
AuthorGenesis DaviesTypearticleProviderDocstocEvery business, large or small, should have insurance in case something goes wrong, but just how much coverage does your business need?Insurance is a must for any business, no…
Offsite vs. onsite backup systems
AuthorGenesis DaviesTypearticleProviderDocstocBackups are certainly necessary, but where you keep your data is also an important decision. Choose from offsite or onsite backup systems.There’s nothing worse than losing all of your…
Outsourcing customer service
AuthorJill BerryTypearticleProviderDocstocManufacturers depend on customers. A robust customer service platform ensures that a business can retain customers. Without customers, a business would fail. With sky rocketing costs for staffing an…
Small business owners: pay yourself first
AuthorSusan PaytonTypearticleProviderDocstocAs a small business owner, you may want to pay yourself last to conserve money, but sometimes putting yourself first is the trick to succeeding.With so many business expenses…
Set up a 401(k) for your company
AuthorNicholas PellTypearticleProviderDocstocYou might think that setting up a 401(k) for small business is too difficult to even consider. You couldn't be more wrong. As a small business owner, you want…
How to set up a Healthcare Spending Account
AuthorJill BerryTypearticleProviderDocstocWith health insurance costs soaring, employees are shouldering more of the burden. Employers who once covered all costs are now choosing plans that are a cost benefit for the…
