How to Check Your Business Credit: Check Your Business Credit Here for Free

Being a small business owner can be incredibly rewarding. It’s exciting to have a vision and work hard to make your company grow and thrive. Of course, small business owners also have a lot of responsibilities and long (seemingly ever-growing) to-do lists. Yet no matter how busy you may be, one responsibility you can’t afford to overlook is taking the time to check your business credit.   Wondering how to check your business credit? We’ve got you covered. Checking your business Read More

IRS Form 2553 Guide: Where and How to File a 2553 Form

Many small businesses choose to incorporate to experience the varied advantages this legal filing can bring, including limited personal liability, enhanced credibility, and tax benefits. For business owners in the United States considering an S corporation classification, it is necessary to submit Form 2553 to the U.S. Internal Revenue Service (IRS) towards the start of the tax year. S corporation status ensures a company is taxed under Subchapter S of Chapter 1 of the Internal Revenue Code (hence, “S corporation.”) Read More

4 Ways to Work on Your Business Credit in 2020

You have big goals for your company in 2020. Growth, higher profits, and a better online presence might be at the top of your list. However, if building your business credit isn’t part of your plan, you may be overlooking an important milestone. Your business’ credit can play a significant role in the long-term success of your company. If you’ve ignored this fact for a while, you’re not alone. Business owners are notoriously busy. Building positive business credit is one Read More

S Corp vs C Corp: What’s the Difference?

When you start to develop how you want your business to be set up, you have a few different options to choose from. Some will go with an LLC, while others will look into an S Corporation or C Corporation.  While they only have one letter difference, how they operate aren’t exactly the same. Here’s how to tell the difference, along with the pros and cons of some major parts. Difference Between C Corp vs S Corp The biggest difference Read More

FUTA 2020: What Are FUTA Taxes and How to Calculate Them

Small business owners carry a lot of responsibility on their shoulders. Depending on your company, you may be in charge of hiring and training the right employees or setting the vision for your brand. Your duties might include payroll, monitoring your business credit reports, and managing your business credit scores, just to name a few. And then, of course, there’s employment taxes and payroll taxes.  The long-term success of your business depends in part on your ability to manage your Read More

6 Tools to Set Your Business Up for Success in 2020

There are multiple factors that contribute to the overall success of a business, and while some of them are directly tied to your effectiveness as a business owner– motivational level and overall attitude and acumen, for example – many others depend on how you leverage resources to maximize efforts and increase productivity and organization. In today’s diverse workplace, that often means incorporating tools and apps that make working easier and smarter. Fortunately, there are a variety of easy-to-access and affordable Read More

The 9 Small Business Conferences You’re Missing Out On in 2020

If you ask small business owners about their favorite ways to grow their sales and get new customers, they almost always include networking somewhere on that list. That’s because it’s just that effective. But sadly, networking opportunities and small business development efforts can be pushed aside in the busy day-to-day of running a business.  That’s where small business conferences can come in. While they can be an efficient way to get industry insights, learn skills, or find vendors, it’s the Read More

How to Get Your Small Business Out of Debt in 2020

Rising interest rates and high levels of corporate debt have lots of investors concerned. Should small businesses be worried? The majority of small businesses (in most industries) are able to pay their bills on time. According to Experian/Moody’s Analytics Main Street Report, overall delinquencies for businesses with fewer than 100 employees were slightly down in the third quarter of 2018. Credit utilization rates were also down slightly. At the same time, that same research has found that rates for delinquencies Read More

6 Ways to Make Your 2020 Taxes Easier

Thanksgiving leftovers are dwindling, the holiday season is in full swing, and many people are looking ahead to the new year— a time traditionally saved for fresh starts. As a small business owner, it’s likely you’re balancing year-end activities with new year planning, making it the perfect time to identify areas of your business that could benefit from a resolution or two. Office organization, company culture, and spending habits always make their way to the resolution list, but what about Read More

IRS Form 1065 Guide: Where and How to Fill a 1065 Form

As a small business owner, you are responsible for organizing, filing, and paying your taxes. If you own a partnership or LLC, you must complete an IRS Form 1065. Also known as the U.S. Return of Partnership, IRS Form 1065 is how you’ll report your business finances to the IRS.  Regardless of if you’re a new small business owner or have owned a small business for years, the IRS Form 1065 can be tricky to understand. The good news is Read More