Financial New for Everyone
By Sandra Hayes It can be exciting to start a new business! This experience can also become quite frustrating when the outcomes aren’t what you expect them to be. When you think about what it takes to have a successful business, only two questions need to be answered. 1) Can you offer people something they need at a …
By Sandra Hayes About 40% of American small businesses spend 80 hours or more per year dealing with federal tax responsibilities. Virtually all those efforts are related to payroll. Over half of small businesses say that the administrative burdens are one of the most pressing issues they face. It takes a lot of time to process payroll, which …
By Sandra Hayes If you don’t invest in your own company, it isn’t easy to create growth. You must nurture and care for it as you would a growing child. When it gets enough love, support, and education, your business can do something amazing! The only question is this: how much of your profits should get put back …
By Sandra Hayes When George Floyd had his encounter with police officers, it was after he handed over a counterfeit bill for goods he bought. Those at the store who called for assistance have gone on the record wishing that they’d never even picked up the phone because of what happened. If you’re a business owner, you can’t …
By Sandra Hayes Whether you have a large corporation or a one-person operation, business taxes are something that you’ll need to think about one day. If you locate your business in an area with a tax-friendly climate, you can increase profit margins while reducing overall liabilities. Although a business in any climate can be successful, you’ll want to …
By Sandra Hayes The financial consumer services industry is one of America’s most competitive spaces for work. That means you can earn a lucrative income when you can find employment, but you’ll be competing against some incredibly talented candidates. Here are the places you’ll want to look if you’re going to expand your income-generating opportunities this year. 1. …
By Sandra Hayes If you want to make some extra cash this summer for a long overdue vacation, it makes sense to invest in some business opportunities. Although you could focus on stocks, bonds, or certificates, the income from those investments would get taxed at a high rate. You must hold onto those products for at least 12 …
By Sandra Hayes American small businesses are facing unprecedented challenges to their survival. This economy is at its worst state in over 70 years, with some families facing losses similar to what happened during the Great Depression. Everything changed in March 2020. With most state governments restricting business access because of the COVID-19 outbreak, unemployment numbers surged to …
By Sandra Hayes Whether you’re a sole proprietor, LLC, or corporation, April is tax month. Although you can file for an extension, the U.S. government isn’t changing the deadline this year. You’ll need to have everything ready to go for your business by April 15. If you operate on a different fiscal year, the IRS needs you to …
By Sandra Hayes As businesses underwent their digital transformations to survive in 2020, one of the emerging tools that became quite popular was Zoom. Although Zoom was already available, its meeting software with multiple windows made it much easier to collaborate, communicate, and manage business functions. Entrepreneurs are still using this technology for everything from teaching martial arts …
