Topic: Finance

5 Things to Consider Before Starting Your Own Business

5 Things to Consider Before Starting Your Own Business

There are many reasons that people choose to become small business owners. The reasons vary from financial possibilities to a lack of job opportunities. Whatever the reason, it takes a lot of time, energy, and sacrifice to become a successful...
Alternative Financing: Peer-to-peer Lending

Alternative Financing: Peer-to-peer Lending

Many small business owners find it challenging to obtain financing from banks or other traditional lending institutions. Peer-to-peer (P2P) lending is an alternative financing option changing the process of borrowing money by allowing businesses to pitch to an online audience...

Figure Out How to Calculate Your Rates

There are several different ways to determine the cost of your services. Keep in mind that every business approaches this process differently.  Variables such as a company’s size, equipment and staff can influence prices. For some businesses the supplier relationship...
Small Business Really a Hobby

Is Your Small Business Really a Hobby?

The Internal Revenue Service (IRS) has several rules on small business deductions - designed to determine if you are managing a small business or a hobby. According to the IRS, incorrect deductions and adjustments that are actually hobbies result in...
Six Steps to Launch Your Side Business

Six Steps to Launch Your Side Business

Having a full-time job that you love can be more rewarding than one that pays more. Having a great job may not always align with your financial situation.  Many people are grateful for making enough money to cover monthly expenses...
Three Easy Ways to Manage Your Small Business Taxes

Three Easy Ways to Manage Your Small Business Taxes

A new year brings about new resolutions. This year, I have resolved to become more efficient about managing my small business, especially in regard to tax planning. Better tax planning can minimize tax liability and save money. By starting the...