Tax Expensing And Depreciation Rules 2016: What Every Small Business Need To Know

Posted on 9:06 am, June 13, 2016 by

A common practice of any business irrespective of its size is the capitalization of costs of an asset that it buys. To put it in simpler terms, capitalization means the cost of an asset that is written off in the balance sheet over a number of years. Also be aware that capitalization rule is applicable on all assets regardless of … Read more


How Small Businesses Can Cut Down On Their Expenses

Posted on 11:33 am, April 11, 2016 by

Small business owners are always on the lookout for ways to reduce their business costs, boost cash flows and improve their profitability. A quickest and easiest way to improve the earnings of a business is cost cutting. By implementing a cost-control system, a business will be able to identify the areas where its spending unnecessarily, reduce expenditure, and save. It … Read more


Small Business Forecast 2016 To Power Success

Posted on 9:11 am, January 30, 2016 by

money

With January already behind, small business owners have only 11 more months to make relevant and innovative changes that would take their businesses to the next level. Here we have listed a few top trends the business owners as well as the experts are expecting 2016 to hold for small businesses. Businesses should focus on building relationships and creating connections … Read more


How Small Businesses Should Prepare For Estimated Tax Payments

Posted on 9:31 am, January 8, 2016 by

Small business owners have to pay estimated tax quarterly and should not wait till April 15 or when other type of tax payers file their respective returns. These quarterly payments are for the amount the small businesses estimate that they owe the government. In case estimated tax payments are not paid timely, the small business might have to pay heavy … Read more


Is crowdfunding right for your business?

Posted on 8:19 pm, October 19, 2015 by

Crowdfunding is a way of raising funds from several people. It is a popular way for financing businesses including small businesses. While crowdfunding is suitable for many businesses, we take a look at whether it is right for your small business. Crowdfunding is suitable for your small business if: Your idea is cool and interesting – As per Vision Launch … Read more


Improve Your Small Business Credit Score

Posted on 11:22 pm, September 24, 2015 by

Small business owners are hard pressed for time and funds. Hence, they tend to neglect their business credit score. Most of the small or medium-sized enterprises are busy formulating creative and innovative marketing ideas. They’re working on customer relationship strategies to take their business to the next level and can’t find the time to repair or improve their credit score. … Read more


The key to budgeting for small businesses

Posted on 10:01 pm, August 5, 2015 by

Estimating and matching expenses to revenue is critical as it assists small business owners to determine whether they have adequate money to fund operations, expand the business and produce income for themselves. With a business already operating, you can assume future revenue depending on recent trends in the business. If the business just commenced, assumptions can be based depending on … Read more


How small businesses can cut cost

Posted on 7:00 pm, May 18, 2015 by

Small businesses are usually hard pressed for money. Cash is required not only to meet the daily expenses, but also to ride out tough economic times and compete with larger players. Money saved is money earned. We look at ways how small businesses can save money. Maintain an expenses journal – Don’t try to remember financial transactions in your mind. … Read more


Are you geared up for Black Friday and Cyber Monday 2014 sales

Posted on 2:13 pm, October 8, 2014 by

Cyber Monday

In the year 2013, Black Friday and Cyber Monday sales had increased by 15% and 18% respectively. This report was released by a trend tracking firm, ComScore. They also reported that there’s a probability of a greater increase in the after Thanksgiving sales in 2014. It’s the time of the year when you should get the most possible sales. Have … Read more


Don’t Get Sucked into a Cash Flow Slump

Posted on 1:35 pm, May 29, 2014 by

Cash Flow

In the modern-day volatile business environment, businesses irrespective of their scale of operations are perpetually prone to facing a cash slump. A cash slump occurs when cash inflows are insufficient to meet cash outflows. If managed ineffectively, a cash slump can affect the long-term profitability targets of the firm. Thus, it becomes important for managers to not panic and take … Read more