Alternatives Ways to Start A New Business

Alternatives Ways to Start A New Business

When thinking of starting a business, most new entrepreneurs first impulse is to build a business from the ground up.  However, one very prominent and less risky way to enter the world of entrepreneurship is buying a business that already exists.  This can be through a straight acquisition of a stand alone business or by buying into a franchise.  There are tons of tools that exists to help you determine if this is the right step for you. Here are some things for your to consider if you are taking…

If You Build Your Credit, They WILL Come!!!

If You Build Your Credit, They WILL Come!!!

Unlike the credit card offers we are buried with when we enter college, the process of building business credit can be a bit more elusive.  However, working to build your business credit is super important to any business owner, especially those who may have less than perfect personal credit. Good business credit is not only important if you are looking to obtain loans, but it can also be important for attracting new clients and opening up a range of payment options with your vendors.  This is because, unlike personal credit,…

Accounting for Freelancers and Solopreneurs

Accounting for Freelancers and Solopreneurs

The dreaded “A” word!  Let’s face it, it is one of the hardest parts of being in business, but it is also the most important.  Keeping good accounting records is key to understanding if your business is making money, where it is making money and where more money should be invested.  With this in mind and with tax filing deadlines around the corner (see http://smallbizflo.blogspot.com/2015/11/tax-tips-for-small-business.html for tips on filing taxes), I wanted to provide 3 key things you can start doing today to make your accounting more manageable. 1. Store…