How to Stay Sharp in Business

How to Take Action When You Hire Someone and Come to Regret ItIt is one thing to possess the basic qualifications required for your field. It’s another to be the type of individual that has the ability to adapt. The latter is required if you want to experience sustained success in business and life in general. Change is the only constant, and making sure you’re ready to face whatever comes your way makes you an asset to the people you work with and the people you work for.  Continuing education is a vital part of the process; here are some things to consider in pursuit of more knowledge. Continue reading

MyCorp FAQs: What are the fastest filing states?

TimeUp next in our MyCorp FAQs series is “What are the fastest states?” It’s a question our customer service department receives on a regular basis. We get it, sometimes entrepreneurs are just very excited to get the ball rolling, and, other times, they find themselves in a desperate time crunch.

Though, like we’ve mentioned before, a lot goes into picking the correct state for the formation of your business, knowing which states file the quickest can help you make an educated, calculated decision. Continue reading

Experts Weigh In: What have you learned about taxes since starting your small business?

Don't Fret Because It’s Tax Season Again!Last week we talked about the most hated small business taxes among small business owners. This week, we’re asking our small business experts what they’ve learned about taxes since opening up shop. These were our ten favorite answers:

1. “As a mobile pet sitting business, one of my favorite write-offs is mileage. Most people forget to keep track of their miles and just guess, but often they are getting less credit than they should. I keep a notebook in my car to keep track of mileage, then when I get home at the end of the day I transfer it to a spreadsheet. This way I have all my mileage ready for tax time, and have it in both paper and digital form.” -Chris Herath, Atlantic Pet Sitting Continue reading

Is Weebly the Right Solution for Small Businesses?

Today’s post is brought to you from our friends at Ocoos:

CRM Solutions and Your Business: A Story Retold

Have you considered your small business website lately? If not, it’s time to make it a priority. We’ll explain why.

If you own or run a small business, you understand that having a quality web presence can make or break your success. Whether you are selling a product or offering your services, potential customers need to find you. The best for them to do so? By accessing your website and having quality information about your business, products and services at their fingertips.

How can you make sure your website meets customers’ needs? By creating it with a website builder that’s high quality, versatile, and offers a large number of e-commerce solutions.

One of these website builders is Weebly, which was one of the first do-it-yourself website building tools. Weebly provides users with a number of customizable templates, a storefront for product sales and a web editor that allows even novices to design and build their own website.
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Marketing Strategies to Boost Your Building Inspection Biz

general contractingWith the real estate market having an upward trend, starting a building inspection service business is very attractive. Aside from earning huge profits (if you work hard enough), you are giving yourself the wonderful opportunity of working at your own pace–which is true in most businesses, especially if you are the boss.

Growing your startup building inspection biz could be hard because of the competition but it isn’t impossible. However, without applying the appropriate marketing strategies, your business might fail. To prevent that from happening, here are a few simple marketing strategies that could help boost your biz: Continue reading

Do You Accept Credit Cards?

Man holding tablet pc and credit card indoor, Shopping online“Do you accept credit cards?”  If you’re a business owner you probably hear this question again and again.  If you’re starting a new business, or thinking about it, get ready.  You’ll need to have the right answer.  The alternative can be costly.

Isn’t credit card processing expensive?

There are, of course, fees involved with credit card processing.  These fees are a tax-deductible (consult your tax advisor) cost of doing business like your rent or electric bill.  Now, you could certainly save money by turning off your lights.  However, the negative effect on your business would likely outweigh any savings. Continue reading

Experts Weigh In: I Hate Small Business Taxes

shutterstock_181519442Benjamin Franklin said it best when he uttered the very true, “Nothing is certain but death and taxes.” Love them or hate them, taxes are just a part of life, and a very big part of small business. We asked some of our small business experts which small businesses taxes they hated the most. These were our 18 favorite answers.   Continue reading

MyCorp FAQs: Should I file in a state with no income tax?

This is easily one of the most commonly asked questions we get. Each state has different rules and regulations when it comes to income tax. Most have both, some don’t collect personal income tax, and a few don’t college corporate income tax. And to a new business owner forming a corporation, forming in a state without a corporate income tax might sound awesome! income taxAfter all, who likes paying taxes?

Unfortunately, things aren’t that cut and dry, and there are good reasons why so many business owners opt to stay in the state that they do business.

You can form a corporation in another state

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How do small businesses hold on to top talent?

shutterstock_107632895_smAn improving economy and a more buoyant jobs market naturally makes it harder for employers to hold on to their best people. So, with talent retention a big concern for HR, what can employers and HR do to tie down their top talent?

While no employer wants to keep an unhappy member of staff or someone that desperately wants a new challenge elsewhere, I suspect that a high number of those saying they intend to move jobs in 2015 don’t fall into either of those camps. These are the people who we can and should be trying to reach.

But what can be done to prevent to prevent your talented people from having their head turned by a job offer? Continue reading

MyCorp FAQs: What are the cheapest states to file in?

WalletWelcome to the beginning of MyCorporation’s next Wednesday blog segment: MyCorp FAQs! In this series, we will discuss the questions our customer service team answers on a daily basis. Have a question yourself? Leave it in the comments below!

One of the questions we always get is, “What are the cheapest states to file in?” Though there are plenty of good reasons to file in your home state, filing your business in a cheap state may seem like a pretty good option for the new business owner who’s trying to save every penny he can. Just be sure to do your research on the taxes, foreign qualifying regulations, and state policies of the states you’re thinking about looking at. Just as our latest video, “Where Should I Incorporate,” suggests a lot goes into picking a state to file in. But, without further ado, here are the top ten states with the cheapest standard state fees for both LLCs and Corporations: Continue reading