Best Business Decision from 2013 Worth Repeating (Infographic)

What business decision did you make in 2013 that you want to repeat again in 2014? We polled our network of small business owners to get their tips on what they want to doing again in 2014 and why it helped to strengthen their business. From providing value to clients through education to engaging a mentor, check out all of these tips and more in our latest infographic!

BusinessExpertsWeighIn_0114

MyCorp’s Top 10 Blog Posts of 2013

2013 was a great year for MyCorp, and easily the best year our blog has had yet. Did you know that, so far this year, we published 308 posts? 308! We’ve always been very proud of our little business blog, and are extremely grateful to everyone out there who has taken the time to click over and read our posts and become regular readers at our site. Since we had such a productive blogging year, we thought it would be fun to look back and pick out a few of our favorite posts from 2013 – here are our top ten:

Top Ten Posts

10. Starting a Business in 2013: An Infographic
Back in June we thought it would be a good idea to take some of the more frequently asked questions we get and spin them into an infographic. Starting a business can be a very confusing process, and we wanted to make our guide as easy to understand as possible. We pared the process down to six steps, and put out a very well-received infographic to help out our readers.

9. Tax Tips for America’s Entrepreneurs
This post was actually written by our friend David Nilssen, the CEO & Co-founder of Guidant Financial. We’ve done a few cross-posts with David, but this one stands out because of how useful it is. Tax season is stressful, but by following David’s advice, it can actually be a straightforward, productive time. You just have to know how to prepare!

Continue reading

MyCorp Presents: Notable Changes in 2013 Tax Law

What taxes will go up and what kinds of tax breaks for small business can you expect to see extended in 2013? We did the legwork for you today on notable changes you can expect to see for 2013′s tax law.

For some, Income Taxes will go up in 2013 – Small businesses that have a pass through structure – an LLC, S-Corp, Partnership, or Sole Proprietorship – may be affected by the increase in income tax as whatever profits the business takes in translates into their income. However, this will only affect those in the highest income bracket.

  • If you are single and make more than $400k a year, or married and make more than $450k, you will be subject to a rather large tax rate increase from 35% to 39.6%. All other income brackets will be taxed at previous, Bush-era tax rates. Continue reading

Small Business Predictions for 2013

A few months ago, MyCorp sent out a newsletter polling our subscribers on their small business predictions on technology and marketing for 2013. The results are now in and all available on our infographic covering everything from expected growth for next year to the social media outlet of choice that small businesses will be establishing for their brands. Continue reading

5 Reasons Why Your Company’s Resolutions Will Fail But Your Goals Will Succeed!

With 2013 quickly approaching, how many resolutions will you imagine compiling for your business over this next month? And exactly how many of them will have fallen off the radar by February 1st? Resolutions have a low success rate, and there’s a good reason for that, they are nothing but ideas.  Refurbish your resolutions so they won’t fail – turn them into actionable goals!

Here are 5 reasons why your company’s resolutions may fail unless you turn them into goals: Continue reading

5 Documents You Need to Get in (Financial) Shape for 2013

While most people think of fitness goals when making their New Year’s resolutions, it’s also smart to get your personal and business financial documents in shape. After the holiday season is out of the way, it seems like tax time is right around the corner for your small business. It’s never too early to start getting your documents in order in case you want to buy a business or recapitalize your existing one. Continue reading