Business plans can seem daunting to someone who has never written one. The business idea itself might be fairly simple to explain, but if you want to apply for a loan, raise investor capital, or simply have a solid, documented direction for your company, you’re going to need to write a business plan. Luckily for…
As a freelancer or a self-employed individual, your take-home pay may be significantly more than if you were working for a corporation. Not only are taxes not taken out, but also you don’t have a company directly deducting health care, 401k or other financial costs from your paycheck. This can lead to a temptation to…
This tax season, accountants should be making the case to their small business clients that it is crucial to their survival to outsource more of their finances. A recent survey by AccountantsWorld found that more than 50 percent of small business owners spend less than 10 hours a month on accounting work. While 10 hours…