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Experts Weigh In: How do you keep your business green?

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…)

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Experts Weigh In: What’s Your Number One Tax Tip?

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…)

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Experts Weigh In: What’s the luckiest thing to happen to you and your business?

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…)

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Experts Weigh In: How are you growing your business?

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…)

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Experts Weigh In: What do you love about your business?

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 contest@mycorporation.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…)

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Business Basics: State Unemployment Insurance

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…)

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Experts Weigh In: What Are Your Predictions for 2016?

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…)

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Experts Weigh In: How do you keep your business safe?

‘Safety’ can mean a number of things to a small business owner. Safety from a data breach, safety from an intrusion, and creating a safe, inclusive environment to work in are just some of the concerns constantly in the back of an entrepreneur’s mind.

We asked our small business experts how they interpret the word ‘safety,’ and the ways in which they strive to keep their businesses safe.  (more…)

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