Collecting and remitting sales tax can be a big task and quite confusing, especially if you oversee multiple aspects of your business. It is critical that you know well your business sales tax nexus and remit your sales tax on time to avoid large fines, or worse, lose the right to do business. Here are several key points for you to keep in mind.
You may never have guessed that your legal and financial decisions can actually affect your marketing strategies. Well they can. Marketing your business is not just about how you advertise on social media - it comes up at every touchpoint you have with the client (i.e., in your contracts, emails, website, and over the phone). Having an efficient plan that gently covers all bases is the key.
No matter what kind of business you're running these days, studies now show that not having a social media (or even an online) presence will decrease your revenue potential by 25% in the coming years. But managing your company's social identity on top of everything else that comes with running a business can seem daunting; yet, it doesn't have to be! Here are some general tips to get you started and help you protect your reputation online.
Preparing your business for sale is time consuming and something that shouldn't be done on your own, even if you built your business from bootstrapping without any professional support. We give you the four common pitfalls usually seen in the sale of small and mid-sized businesses. You can work towards avoiding these to help increase your value and ensure you get the best return for all the time, energy, and resources you've already committed to the business.
Everyday business owners make severe mistakes when selling their business and lose thousands of dollars in the process. As entrepreneurs, they had once dreamed of owning their own business and building it to success. Here are 6 straight-forward tips you can use to get you started the right way.