3 Accounting Tools to Drive Your Small Business

Small business owners often scramble come tax season. There is a lot to worry about as a business owner, and the last thing most businesses want to think about is paying their taxes. Keeping the lights on is far more important to a business owner.

Using online accounting software

But you don’t have to scramble last minute to figure out your taxes.

There are tools that can help make tax season a little less taxing on a small business owner.

1. QuickBooks Online

Quickbooks website screenshot

Quickbooks offers an online version that is ideal for small businesses. The “standard” for small businesses, this software makes bookkeeping systematic. The good news is that you can use QuickBooks and then allow access to the account to your accountant.…

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How to Find Finance Without Calling Your Bank

Accessing finance at key moments is very often absolutely critical for small and medium-sized businesses (SMB) and for obvious reasons. Whether the aim is to get started, to pursue growth opportunities or simply to stay in business, getting your hands on the cash you need as an SMB is essential.

alternative business financing

The problem is that banks aren’t always ready to offer loans or financing facilities that SMBs need and in many cases they’re reluctant to lend money even to perfectly viable and successful companies. The good news is that there are now a growing array of alternative routes to finance available to companies of all sizes and across a full range of different industries.…

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Loan Consolidation Can Save Your Business

Measures To Control Costs

Business is cutthroat today. You’ve got to deal with taxes, you’ve got to deal with economic booms and busts, and you’ve got to deal with technological development silhouetting your competition. Additionally, you’ll have to continually expand operations to remain competitively viable. If you don’t, your business will implode.

SMB CEO navigates business boat in stormy sea

The thing with most modern business is that within the first five to ten years, you’re likely going to have to expand beyond your immediately available means, and that means going into debt. There are multiple reasons this can happen.

You may have to spend thousands for an increased influx of product as a result of increased demand, you might have to build a new storage warehouse, you may have to upgrade your technology systems to remain competitive—in short, the reasons your business may have a pressing need to take out a loan are numerous.…

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Do I Need a Dedicated Server for My Startup?

The UK has been blessed with an abundance of entrepreneurial spirit. According to Companies House data, 2016 saw a record number of new businesses formed. That figure – 657,790 – continued the progress of record years in 2015 (608,110) and 2014 (581,173).

Dedicated server

That means a lot of people are taking those tough first steps into the world of business right now. From reaching out to new customers to finding the funds needed to get you up and running, there’s a lot on your plate as a start-up.

In 2017, your website is right at the top of your to-do list.…

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What You Need to Know about Magento vs. Shopify

Magento and Shopify are undoubtedly among the most popular ecommerce platforms for medium and large enterprises alike. Small businesses are also present on both platforms, although they usually operate with smaller budgets and thus have different requirements from an ecommerce solution.

Magento vs. Shopify

We’ll start with some market fundamentals to show you the broader picture and will then compare those Magento and Shopify properties that matter most for both large and small business users.

Magento and Shopify: Essential Market Indicators

Market research and statistics by BuiltWith show that both platforms enjoy high popularity among online businesses. Some 310,000 websites out of 371,000,000 ones on the entire Internet are using Shopify, while 244,000 are adopting Magento as an ecommerce solution.…

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Cashing Out on Your Business 101

This write-up is a personal memoir of my business startup to sale. Hold my hand and walk with me through my incredible 5-year business journey, right from the birth of my business idea, through the process of starting out, building the brand and to its final climax: selling out!

Business for sale

My entrepreneurial eureka moment came during a brainstorming session that birthed the idea; of starting a new business to launch a cosmetic manufacturing start-up firm.

At that point, the idea of ever selling the business never crossed my mind. I practically breathed and lived my business idea, my brainchild, my start-up firm!…

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It Works! Increase Engagement and Sales With Educational Content

If we dig into the psychology of consumers, we will find out that a big part of them is looking for answers to particular questions about the product or service. When the consumer is planning to buy a certain product or try specific service, he or she tries to find answers to wide range of questions that they are interested in before the purchase. In this case, educational content plays a major role in your content plan. Before moving to a discussion of this type of content, find out which types of content actually exist.

Educational video

The content that is usually distributed throughout the network can be divided into three types:

1.

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5 Accounting Tips for New Restaurant Owners

One thing’s for sure: you’re getting into the restaurant business because you love it. For many people just like you, opening a restaurant the ultimate dream — combining a love of food, hospitality, people and entrepreneurship. It will be a lot of work but it will be worth it.

Restaurateur

But while passion is the glue that will hold it all together, we’ve already mentioned the most important ingredient: hard work. It’s not just about choosing great staff or even about coming up with a great restaurant business plan (though of course, both help) — opening a restaurant also requires fantastic accounting.…

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3 Absolute Do’s For a Start Up

Every day, there is someone with a new and fresh idea. Start up businesses litter the internet. Some make it and others just don’t. But what’s the difference? What helps those that succeed to reach the heights they do? How do they turn nothing into a booming, profitable business?

Startup

Below are three things that you must do to solidify the foundation of a new start up company.

Do Watch Your Finances

Ok. You remember the time you were 7 and you worked all kinds of odd jobs to try and raise the money for a new bike? You raked yards, washed cars, delivered papers, and so on.…

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