Have you got a fantastic idea for a business? Do you see yourself running a bakery or restaurant? Would you be more at home running your own eCommerce store? Perhaps it’s not a product that you’ve got in mind, but a service. Can you see yourself offering up your...
If you are not someone who practices in finance then it can be very difficult to understand the various ongoings and procedures. Half of the reason why this is the case is because of the different terminology used. This is confusing to most. This article deals with OTC derivatives...
Running your own construction business could be something that changes your life. Instead of working for others, where you have no choices over the projects that you take on, and you see little of the profits from the build, you’ll have total agency over your work, and you’ll be...
All businesses and organizations, regardless of size or structure, have a budget that needs to be stuck to. Budgets can change every year depending on funding or profits, but when it comes to your running costs, you should always aim for lower. Being more efficient with your spending can...
It is now over a decade since the 2008 recession and the lending atmosphere is recovering well enough to accommodate small businesses once more. The alternative lending market grew as the recession tightened its grips on small business, but statistics show that it is only a tiny 10.89% of...
Starting your own business is one of the most exciting things that you can do. New beginnings are certainly the most exciting stage of business when everything is fresh and new, you are filled with ideas and passion, and everyone wants to be involved. In these early days, there...
Purchasing a car is likely one of the biggest investments the average person will ever make next to home ownership. Some owners may even feel that the right vehicle can improve the quality of life as a status symbol and convenient mode of transportation. While auto purchases are typically...
Cash flow can be a significant issue for businesses, especially when it dries up. After all, there are always suppliers to pay, overheads to cover, and resources that you'll need to use to ensure your business will run. In fact, without paying out for these things, your revenue will...
Have you ever wondered what would happen if you get audited by the IRS? It can be downright terrifying. Audits can last months. During that time, you may fear that you made a mistake that could cost you thousands in fines or even your freedom.The fear is more justified...
One of the biggest expenses of any business is payroll. However, did you know that how you designate your workforce can make a difference to your bottom line and tax liability? The Two Main Employee Categories Not everyone who works for you is technically an employee. You can also outsource work, have...