Trade credit is a great B2B business deal to finance growth. Learn more about a trade credit discount and if it's something you actually need for your business.
Navigating the tax scene can be confusing for small business owners with all the changes in health insurance. How can you know what is right for your business?
The tax election that the company makes with the IRS defines how you take profits out of an LLC. The benefits distributed are not salaries. Instead, the salary paid to reimburse an individual for helping the company is deducted from the business revenue. Then, the remaining amount is your profit.
S-Corporations are the most common forms of small businesses organization today. This is because they can avoid double taxation of standard corporations and reduce the taxable amount from their earnings. Keep reading for the best ways to get money out of your S-Corp.
As a small business owner, especially in certain industries like construction or real estate, you know unexpected financial setbacks can happen at any time. A business line of credit could be the emergency plan you have been looking for.