It’s that time of year again… graduation! But with so many recent graduates saturating the workforce, not all new grads are looking to go the conventional route. We asked some small business owners who started their businesses right after graduating about their journeys. Here’s what they had to say… (more…)
The summer is always a popular time for seasonal businesses. Ice cream stands pop up, new food trucks start roaming the streets, and lots of beach-related products start to make an appearance. Running a seasonal business is different from running a regular, year-round business, so we asked some seasonal business experts for tips.
Here are our ten favorite answers: (more…)
Running a business is a full-time job. Thankfully, there are a lot of really useful tools out there to help entrepreneurs run things smoothly. We asked our small business experts what their favorite tools are for running their businesses.
Here’s what they had to say…
“Without a doubt, our business would not be able to function without Google Drive. It’s free and we are able to share our documents with our business partners in other countries. We can even work together simultaneously on the same document. We use documents, spreadsheets and templates for invoices and other forms. It’s easy to insert our logos, signatures and other proprietary information.” –Jacquie Whitt, Adios Adventure Travel (more…)
According to a recent Manta poll, of the 1,174 small businesses surveyed about their attitudes and initiatives around sustainability, a majority of small business owners (93%) believe that sustainability is important to their small business, and are embracing eco-friendly practices. About two in three (64%) owners say they try to reuse or donate items, 58% recycle, 32% work with green vendors, 25% purchase Energy Star appliances and 20% run a paper-free office.
In celebration of Earth Day, we wanted to ask our small business experts how they strive to keep their offices green. Here’s what they had to say: (more…)
Tax day is just around the corner! Tax season can be a stressful time for entrepreneurs, so we wanted to reach out to our small business experts and ask them what tricks and tips they utilize to make this time of year as painless as possible.
Here’s what they had to say…
“Have your spouse on your Board of Directors (BOD). The IRS allows 1 BOD trip annually; all expenses are a 100% write off, including meals and entertainment. Nice perk.” –Phil Gafka, LEAP Associates, Inc. (more…)
With St. Patrick’s Day quickly approaching, we’ve got luck on the brain! Running a business takes a huge amount of work, but, ask any entrepreneur, and they’ll always tell you that there’s a little bit of luck involved.
We asked our small business owners what the luckiest thing to happen to them and their business was. Here’s what they had to say…
“My small business was lucky enough to acquire a massive client right at the end of our launch. As I finished my speech he asked, “Are you accepting paying clients?” Needless to say, he is now a client. It put the icing on the cake that was the launch of my business.” –Bryant McNamara, Initial PR (more…)
Okay, so you’ve taken a risk and started your own business. You’ve done the hard work (starting), and now the ball is finally rolling. Your business is growing. So what’s next? How are you adjusting to suit the expansion?
We asked our small business experts how they’ve expanded their businesses once they started taking off. Here’s what they had to say:
“As Doubledot Media grows, we’re expanding our staff to include a global group of telecommuters who fill various roles. Hiring remotely expands our team and gives us access to the world’s best talent without requiring us to move to a bigger office.” –Simon Slade, SaleHoo (more…)
Valentine’s Day is just around the corner, entrepreneurs! MyCorporation is celebrating with their #ILoveMyBusiness contest! To enter, all you have to do is submit a photo showcasing why you love your business to email@example.com along with a description of what’s going on in the photo in 25 words or less, the name of your business, and your company URL for a chance to win $500.
We’re so excited to read about all the ways you love your business!
To help get into the spirit of things, we asked our small business experts what they love about their business. Here’s what they had to say:
1.“I’m building a productivity tool, and I love it because it solves problems I face myself daily. Not only does that make it much easier to understand and be invested in, it also means that I get the satisfaction of seeing the benefits and power of it directly reflected every day in my own work.” –Tim Perry, Build Focus (more…)
Unemployment insurance, at its root, is pretty easy to understand – it’s just a program meant to protect workers that become involuntarily unemployed. But because it is run on a hybrid state-federal system, and is often calculated based on weird variables like experience ratings, the entire concept quickly becomes muddled. Most states also change rates and maximum taxable wages on a year-by-year basis, so what was paid last year may not be the same this year. Thankfully, as long as you learn a little bit about unemployment programs and stay on top of those annual changes, UI shouldn’t cause too many problems. (more…)
We’re a couple weeks into 2016, and we’re already starting to see some trends form. In our industry specifically, we’ve been noticing the following:
1.We are seeing a growth in small business s-corporation elections to minimize the risk of audit and put owners of the business on payroll to save on potential employment taxes. This is a trend because as small businesses incur more expenses (increasing minimum wages in many states, health care costs and the cost of employees), they are looking for ways to save on taxes. Business owners who put themselves on form an s-corporation and put themselves on payroll are able to save on self-employment taxes because they only pay self-employment taxes on the salaried portion of their income (as long as the salary is reasonable) and not on the remainder of the income. (more…)