Hopefully, by now as a small business owner, you’ve gotten good at keeping up with your revenue and expenses. You may even be comfortable with the basic reports that help you measure how well your business is doing. But do you have a good strategy for how your money...
Small Business
Gross Profit Margin 101: How to Increase Your Profitability and Cut Costs
We are going to step out on a very sturdy limb and guess that you are in business to make money. You probably would also like to keep as much money as possible. There are many ways to do that, but one of the surest ways to ensure the financial health of your business...
Maximize Your Savings: Essential Truck Driver Tax Deductions You Need to Know
Driving a truck for a living is hard work. But delivering the goods that keep America running is such an important part of our economy. Without you being on the roads day and night, our country would grind to a halt faster than most people realize.If you drive as an...
How to Create a Traditional Income Statement: Simplified Tips for Busy Entrepreneurs
Small business owners are often intimidated by having to create a traditional income statement for their company. However, it doesn’t have to be that way. All of your financial statements are valuable for helping you run your business. They give you insights into how...
How to Manage Independent Contractor Taxes: Quarterly Deadlines, Forms, and Strategies
If everybody had to file independent contractor taxes, we’d see a revolution in our nation’s tax code. Most people work for an employer at W-2 jobs where their taxes are automatically take out each pay period. They never have to think about it, are mainly...