One of the great challenges of being a small business owner is finding time to take a break. Your business needs you every day, it seems. When could you possibly find time for a vacation? On the other hand, you need to stay abreast of changes in your industry, learn new strategies and continue your […]
The Limited Liability Corporation (LLC) has evolved into one of the most commonly selected entity types for American businesses. The benefits of the LLC are many, and include strong liability protections for the owners as well as potential tax advantages and ease of operation and administration. On the other hand, an S corporation enables you […]
In today’s business world, every business needs to use accounting software, whether it be QuickBooks (the most common choice among small businesses) or any number of other off-the-shelf or web-based accounting systems. One of the very first steps a business takes when setting up and configuring accounting software is to create a chart of accounts.