How to Manage Small Business Finances

small business finances

Many small business owners are individuals who had a great idea and executed on it, but may have a little bit less experience when it comes to the financial side of a business. Obviously, not all business owners have accounting or finance backgrounds, but they still have to learn enough to manage small business finances. Here are a few tips to help you keep your small business finances on track.

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Small Businesses: Choosing Health Insurance Penalty

After the Affordable Care Act passed last year, a lot of analysts and business owners began discussing the impact that it would have on small business health insurance. The law requires small businesses with at least 50 employees to provide health insurance to their employees who work 30 or more hours per week, on average.

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Small Business Comparison: LLC vs. S Corp

llc vs. s corp

Small business owners who do not have a legal or accounting background get confused when they have to compare a bunch of different options for incorporating. One of the common decisions is that of an LLC vs. S Corp. There are similarities, differences and advantages between the two, but they can be complex to summarize. Here are a few of the basic similarities and differences.

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Internet Sales Tax Bad News for Small Business Taxes

If you’ve got a small business that sells products online nationwide, despite being physically located in one state, there’s a bill heading for Congress that could cripple your growth opportunities. The worst part is that it’s being touted as a law that could help the brick and mortar side of your business to compete with online businesses, which may mislead some small business owners into supporting it.

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