How Small Businesses Can Prepare for Economic Downturn
Small businesses around the U.S. are preparing for an economic downturn, with confidence in the economy sliding and concerns rising, according to Bank of America. The latest of the bank’s semiannual study – the Spring 2019 Bank of America Business Advantage Small...
Which Business Structure is the Right One for Your Company
One of the most important decisions you’ll make as the owner of a new business is selecting the right legal structure for your enterprise. The setup can have a crucial impact on the way the business gets taxed, the amount of paperwork required, and the level of...
Assessing Strategy for Operational Efficiency
Small business owners often request that we review their existing business strategy and offer advice on how they can grow their businesses. While this is often dependent on details specific to the business and the industry, it is possible to employ some simple tools...
Implementation of Cybersecurity for Small Businesses
With the growing state of affairs, cybersecurity should be an integral part of any business, whether a company is simply using email, maintaining a website, or deploying enterprise-wide cloud-computing solutions. The U.S. Small Business Administration states that...
5 Stages of Startup Financing
Entrepreneurs charged with leading a startup need money regardless of what stage the business is in. From the point of launch, to a stage of growth and perhaps an exit, via an initial public offering, the business will be impacted by the founder’s ability to secure...
Year-End Checklist and Planning for 2019
The end of the year is a busy time. Business owners have a lot more to deal with as they think about planning for the following year. If a year-end checklist isn’t part of your planning cycle, now is as good a time as any to give this some thought. Here are a few key...