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Proper Prep for Time Off

The holidays demand that even small biz owners take some time off. Here, three smart ways to prep for a seasonal break, courtesy of small business coach Tara Gentile’s ScoutieGirl site and contributor Alicia Parsons. Alert clients. Besides...

Two Things About Hiring

One key to growing a business is the ability to delegate. If you’re attached to doing everything yourself, you’ll be too stressed out to run the company. You need to play to your strengths—and hire other people to do what you’re not great at. In...

Balance Sheets Tell All

Have you asked your bookkeeper for a balance sheet lately? Or perhaps you're wondering, what's a balance sheet? It's a snapshot of your company’s assets, liabilities, and owner’s equity at a given point in time. Do you need one? Yes. For...

Set Yourself Up for Success

Right after you choose a company name, you need to choose what type of entity your business should become—i.e., its organizational structure. Think of the entity as the type of boat you are going to sail on the sea of entrepreneurship—you might...

4 Tips for Starting Your Factory Hunt

Victoria Chou has 25+ years of experience importing, exporting, and distributing hosiery throughout North and South America. Here’s how she finds factories. Look at barcodes of products similar to yours. Search the UPC or EAN number online to...

Marie Forleo’s Digital B-School for Startups

Ever tried to build an online business? Not as straightforward as you thought it was going to be, eh? Before starting DailyWorth, I launched multiple Web properties. Some never made a dime, and others generated a few thousand dollars a month—but...

Does Your CPA Pass the Quarterly Tax Test?

Ten years ago, business lawyer Nina Kaufman went from running her own shop to joining a limited-liability partnership. She was thrilled…until April 15 arrived, and with it, a $20,000 tax bill. Turns out, she should have been paying quarterly...

A Cost-Benefit Analysis of Face-to-Face

Attorney Maia T. Spilman launched her own practice in 2001. At first, she loved working from home. But soon, one file cabinet grew to four, her fax machine rang through the night, and anytime friends came over, there were confidential papers to...

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