If there’s one thing that all 30.2 million small businesses in the US agree on, it is that managing one is not always smooth sailing. According to the Bureau of Labor Statistics, around 20% of small businesses fail in their first year alone. Now more than ever, small businesses need to be ready for the challenges of managing cash flow. Working with negative cash flow can … [Read more...] about 4 Tips for Improving the Cash Flow of Your Small Business
Accounting
Questions To Ask Accounting Firms in Rochester NY Before Hiring One
Computing your taxes and ensuring you remit the right amount to the government is a complicated process, especially for businesses. That’s why it’s beneficial for businesses, no matter the size, to enlist the help of accountants or accounting firms for tax-related tasks. More than that, these specialists offer other valuable services like bookkeeping, payroll, and auditing to … [Read more...] about Questions To Ask Accounting Firms in Rochester NY Before Hiring One
What Taxes Do Businesses Pay? Here’s a List of the Basic Tax Obligations
Have you moved on from working for a company to being in charge of your own? Do you want to avoid as many financial and legal issues as possible as a small business owner? If so, then you should know the answer to the question to "What taxes do businesses pay?" These taxes will depend on the location of your company, how many people you hire, and how much your company makes. … [Read more...] about What Taxes Do Businesses Pay? Here’s a List of the Basic Tax Obligations