6 Ways to Prepare for an Economic Downturn

May 27, 2016

What your business can do in the good times to be ready for the bad There’s never a shortage of predictions about the economy, but one thing is known for sure: it goes in cycles. While the last recession may have hit small businesses, the next one needn’t—as long as a business owner plans ahead, […]

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How Much Should You Pay Yourself?

May 27, 2016

Putting a number on the value of the owner’s contribution How much are your services worth? The reality is, no amount of money can truly be commensurate with the amount of blood, sweat, and tears an owner puts into his or her business. But since money must and will be taken out of the business, […]

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The Dos and Don’ts of Borrowing from Friends and Family

May 27, 2016

Take steps to make sure both your relationships and your enterprise will thrive. Perhaps you want to expand your business, or it has hit a rough patch. Maybe you have friends or family members who are willing and able to provide your business with a loan. Should you take them up on it? Even though […]

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5 Tips for Writing Off Business Equipment with Section 179

May 27, 2016

Plan ahead to get the best break.  If you’re a business owner looking for significant tax savings, there’s a generous tax break that should be on your radar. The Section 179 deduction allows you to write off the full cost of certain tangible, depreciable business assets in the same year they’re placed in service—up to […]

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Build Employee Loyalty with the Right Benefits

May 27, 2016

What workers value most in their 20s, 30s, 40s, and beyond Your youngest employees bring energy, fresh perspectives, and digital savvy. Your seasoned employees bring stability, insight, and a wealth of experience. How do you keep them all happily in place? Benefits that speak to their different life stages are a big part of the […]

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