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A Lesson From American History in How to Make Your Small Business A Success Story

Perhaps you’ve heard the old saying that failing to plan is the same as planning to fail.

It’s commonly attributed to Benjamin Franklin, the 18th century inventor and politician whose belief in the value of preparation was strong enough that he once made a list of more than a dozen or so character traits on which he planned to structure his life.

Franklin’s preparation paid off. Today, he’s remembered not only for signing the Declaration of Independence but for researching electricity, serving as the U.S. ambassador to France and founding the University of Pennsylvania. (more…)

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Your Timeline to Successfully Starting a Business

When you make the choice to jump into small business ownership, it can be tempting to try to get your new venture up and running as soon as possible. But just like the choice to start a business should be carefully considered, there are certain steps in the business timeline that require a thoughtful approach long before you open your doors. Whether your dream is to start a frozen yogurt franchise or a green construction start-up, here’s a step-by-step timeline of how to take your idea from a hazy concept to a thriving business. (more…)

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How to Improve Your Management Style from the Inside Out

As a manager, you may not always be happy with the performance of your employees, but it’s also important to remember that the performance of your employees is often a reflection of your own performance and managerial style. How you interact with your employees and the strategies you use to motivate and mentor them may need a tune-up. Here are some ideas to help you improve your management and keep things moving at a good pace for your business. (more…)

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13 Benefits of Online Invoicing for Small Businesses

In a traditional business model, every paper procedure is full of administrative steps and quirks. Also, it is time-consuming.Time is money, especially now when everything tends to automate.

We used to print invoices for years, put them in an envelope and send by mail to the customer. Although there is a more effective solution today, many companies still send invoices this way. There are so many reasons why you no longer need to do that. (more…)

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3 Different Bookkeeping Strategies: Which One is Right for my Business?

Each business has its own unique circumstances and preferences. Large conglomerates or international corporations will most likely opt for an in-house accounting team that can be adjusted to their particular circumstances. For the rest of us small business owners, there are three basic solutions to choose from. Now let’s see which one of these shoes fits best… (more…)

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How to Prepare for the January Sales Tax Perfect Storm

Whether you file state returns every month, quarter, or year, nearly every online seller will have a sales tax deadline in January. Keep in mind that, in most states, January sales tax is usually due by January 20th. Around TaxJar, we call January the “Sales Tax Perfect Storm” and everyone is invited.

To prepare, here’s a quick refresher of the steps to get ready to file: (more…)

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How to Become the Perfect Leader for Your Business

Launching your own business might have been your lifelong dream, but this is not a destination, in fact, your journey has just become. Besides daily business challenges like taxes, staff necessities or marketing strategies, another crucial aspect should also consider is improving your managements skills. If you want your small business to thrive, you need to know how to guide everyone toward success. Let’s look at these basic abilities that can help you become the perfect leader for your business. (more…)

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