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8 Tax Savings Hacks Small Business Owners Often Miss

Small businesses often run on tight margins, and you’ll need to pay self-employment, federal and state taxes on any profit you make. If you own a limited liability company (LLC), there are several...

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What Is a Financial Statement, and Why Do You Need One?

The financial health of your business is essential to your success, and having an accurate financial statement for your company can make all the difference. Manage your finances carefully and you can...

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3 Ways Small Business Accounting Software Will Save You Money

Small business owners obsess over the bottom line—and with good reason—a U.S. Bank study found that 82 percent of businesses fail because of cash flow problems. If you’re not acutely aware of how...

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Tips to Balancing Your Personal vs. Business Finances

For solopreneurs or owners of microbusinesses — small businesses with nine or fewer employees — it can be difficult to manage both your personal and business finances. You might find it easier to mix...

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THE Biggest Financial Mistake New Business Owners Make (and How to Avoid It)

Congratulations on starting your own business! Owning your own company can be an extremely fun and exciting journey. However, regardless of whether you're operating an LLC, partnership, or...

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Kicking Off Your Business with the Right Financial Projections for Growth

Starting a limited liability company (LLC) or other type of business involves a lot of planning. Before you officially kick off your company, you need to have a solid idea about the revenue and sales...

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5 Accounting Mistakes That Plague Small Business Owners

Accounting mistakes happen. That’s just the reality of it. However, for many small business owners and solopreneurs who just started their very first LLC, they simply don’t know any better. This...

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How to Hire a CPA for Your Small Business

As a small business owner, you not only need to make sure your financial transactions are accurate and up to date, but that you’re properly strategizing for the growth and success of your business....

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How to Stay on Top of Your Small Business Bookkeeping

When you’re running your own small business, it’s crucial to make sure you’re keeping accurate records of your financial information. You’ll want to track all the money coming in and going out and...

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Why It's Important to Separate Business & Personal Finances

There are several logical reasons why every business owner should separate their business finances from their personal funds. But the simplest reason is this: your business — whether it’s an LLC or ...