According to an article by Inc. magazine, 70% of companies close their doors within the first ten years of doing business. Here are five of the top reasons businesses fail and how you can prevent making the same mistakes.
In 1984 the famous TED conferences began, centered around the topics that created its acronym: Technology, Entertainment, and Design. Over thirty years later, these talks are held worldwide and cover nearly every imaginable topic. One of the most popular topics is financial management, and there are some quality talks that can be useful to small business owners.
2017 is rapidly approaching its end. You know what that means: it is almost tax time again. In order to prepare and get the most from your taxes, try using one of these seven moves.
Charity donations by small businesses are the primary revenue for many local and national charities. Small businesses do not give millions, but their donations make a significant impact. It builds goodwill in communities. The donations build trust and strengthen the business position with the community. For instance, it increases employee morale and creates engagement beyond the business establishment.
Life as a business owner can be challenging on a daily basis. There is always something more that you need to do. Thinking about your paperwork and taxes is often done last (or even forgotten). However, if you miss an important date when it comes to paying your taxes, you can get in a lot of trouble.